5,068 Shares in Exxon Mobil Co. (NYSE:XOM) Purchased by Unified Investment Management

Unified Investment Management bought a new stake in shares of Exxon Mobil Co. (NYSE:XOM) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 5,068 shares of the oil and gas company’s stock, valued at approximately $545,000.

Several other institutional investors also recently bought and sold shares of XOM. Keystone Financial Group Inc. purchased a new position in Exxon Mobil in the fourth quarter valued at $36,000. Retirement Wealth Solutions LLC acquired a new stake in Exxon Mobil in the 4th quarter valued at about $46,000. Compass Planning Associates Inc purchased a new position in shares of Exxon Mobil in the 4th quarter valued at about $47,000. Peterson Financial Group Inc. acquired a new position in shares of Exxon Mobil during the third quarter worth about $51,000. Finally, Compass Financial Services Inc purchased a new stake in shares of Exxon Mobil during the fourth quarter worth approximately $48,000. 61.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

XOM has been the subject of a number of recent research reports. HSBC decreased their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a research note on Friday, January 31st. UBS Group lowered their target price on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a research note on Thursday, December 12th. TD Cowen dropped their target price on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a report on Monday, December 16th. JPMorgan Chase & Co. decreased their price target on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating for the company in a report on Monday, December 16th. Finally, Scotiabank dropped their price objective on Exxon Mobil from $145.00 to $140.00 in a report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $129.25.

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of the stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the transaction, the vice president now directly owns 18,087 shares of the company’s stock, valued at $1,989,570. This represents a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 0.03% of the company’s stock.

Exxon Mobil Stock Performance

NYSE XOM opened at $107.55 on Wednesday. The business’s 50-day moving average price is $109.00 and its 200 day moving average price is $114.04. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The firm has a market cap of $466.67 billion, a P/E ratio of 13.72, a P/E/G ratio of 3.02 and a beta of 0.89. Exxon Mobil Co. has a 52-week low of $104.32 and a 52-week high of $126.34.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same period in the previous year, the company earned $2.48 earnings per share. On average, equities research analysts expect that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be given a dividend of $0.99 per share. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a yield of 3.68%. Exxon Mobil’s payout ratio is currently 50.51%.

Exxon Mobil Company Profile

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.