Exxon Mobil Co. (NYSE:XOM) Stock Position Decreased by Northern Capital Management Inc.

Northern Capital Management Inc. cut its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 5.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 4,092 shares of the oil and gas company’s stock after selling 243 shares during the quarter. Exxon Mobil comprises 0.3% of Northern Capital Management Inc.’s holdings, making the stock its 24th biggest position. Northern Capital Management Inc.’s holdings in Exxon Mobil were worth $440,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Patten & Patten Inc. TN boosted its position in shares of Exxon Mobil by 0.6% in the fourth quarter. Patten & Patten Inc. TN now owns 135,105 shares of the oil and gas company’s stock worth $14,533,000 after buying an additional 779 shares during the period. Facet Wealth Inc. boosted its position in shares of Exxon Mobil by 11.1% in the fourth quarter. Facet Wealth Inc. now owns 4,974 shares of the oil and gas company’s stock worth $542,000 after buying an additional 495 shares during the period. Sovereign Investment Advisors LLC acquired a new stake in shares of Exxon Mobil in the fourth quarter worth $240,000. Harbour Investments Inc. boosted its position in shares of Exxon Mobil by 3.9% in the fourth quarter. Harbour Investments Inc. now owns 58,696 shares of the oil and gas company’s stock worth $6,314,000 after buying an additional 2,183 shares during the period. Finally, Greenwich Wealth Management LLC boosted its position in shares of Exxon Mobil by 5.2% in the fourth quarter. Greenwich Wealth Management LLC now owns 13,610 shares of the oil and gas company’s stock worth $1,464,000 after buying an additional 667 shares during the period. 61.80% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the sale, the vice president now directly owns 18,087 shares of the company’s stock, valued at $1,989,570. This trade represents a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.03% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

XOM has been the subject of several recent analyst reports. Scotiabank decreased their target price on Exxon Mobil from $145.00 to $140.00 in a research report on Friday, January 31st. The Goldman Sachs Group cut their price objective on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating for the company in a report on Friday, January 31st. Morgan Stanley increased their price objective on Exxon Mobil from $139.00 to $140.00 in a report on Friday, January 31st. Mizuho cut their price objective on Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating for the company in a report on Monday, December 16th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $115.00 price objective on shares of Exxon Mobil in a report on Monday, February 3rd. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $129.25.

Exxon Mobil Trading Up 3.0 %

Shares of NYSE:XOM opened at $111.98 on Friday. The company has a market cap of $485.90 billion, a P/E ratio of 14.28, a P/E/G ratio of 3.02 and a beta of 0.83. The stock’s 50-day moving average is $109.34 and its 200-day moving average is $113.65. Exxon Mobil Co. has a 52-week low of $103.67 and a 52-week high of $126.34. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) 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 last year, the company earned $2.48 earnings per share. Equities research analysts predict that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Wednesday, February 12th were given a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a yield of 3.54%. The ex-dividend date was Wednesday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is presently 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.