New England Professional Planning Group Inc. trimmed its holdings in shares of Exxon Mobil Co. (NYSE: XOM – Get Rating) by 7.2% in the first quarter, Holdings Channel reports. The firm owned 11,491 shares of the oil and gas company stock after selling 890 shares during the period. Exxon Mobil comprises 0.4% of New England Professional Planning Group Inc.’s investment portfolio, making its stock its 11th largest holding. New England Professional Planning Group Inc.’s holdings in Exxon Mobil were worth $ 632,000 at the end of the most recent reporting period.
Several other institutional investors also recently added to or reduced their stakes in the company. Guardian Wealth Management Inc. purchased a new position in Exxon Mobil during the 4th quarter valued at about $ 30,000. Horan Securities Inc. acquired a new stake in shares of Exxon Mobil during the fourth quarter worth about $ 31,000. West Bancorporation Inc. purchased a new position in shares of Exxon Mobil in the fourth quarter valued at approximately $ 32,000. Nvwm LLC grew its holdings in shares of Exxon Mobil by 100.0% in the fourth quarter. Nvwm LLC now owns 600 shares of the oil and gas company stock valued at $ 36,000 after purchasing an additional 300 shares in the last quarter. Finally, Core Wealth Advisors Inc. lifted its holdings in Exxon Mobil by 454.5% during the 4th quarter. Core Wealth Advisors Inc. now owns 610 shares of the oil and gas company stock worth $ 37,000 after buying an additional 500 shares in the last quarter. 54.07% of the stock is currently owned by institutional investors and hedge funds.
NYSE XOM opened at $ 86.90 on Friday. The firm’s fifty day moving average is $ 91.46 and its two-hundred day moving average is $ 80.97. Exxon Mobil Co. has a one year low of $ 52.10 and a one year high of $ 105.57. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.76 and a current ratio of 1.07. The firm has a market cap of $ 366.07 billion, a PE ratio of 14.41, a P / E / G ratio of 0.36 and a beta of 1.05.
Exxon Mobil (NYSE: XOM – Get Rating) last issued its quarterly earnings results on Friday, April 29th. The oil and gas company reported $ 2.07 earnings per share (EPS) for the quarter, missing the estimate consensus of $ 2.25 by ($ 0.18). The company had revenue of $ 90.50 billion during the quarter, compared to analyst estimates of $ 83.57 billion. Exxon Mobil had a net margin of 8.14% and a return on equity of 16.97%. The business’s revenue was up 53.0% on a year-over-year basis. During the same quarter last year, the firm earned $ 0.65 EPS. Research analysts predict that Exxon Mobil Co. will post 10.26 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, June 10th. Investors of record on Friday, May 13th were issued a dividend of $ 0.88 per share. This represents a $ 3.52 annualized dividend and a dividend yield of 4.05%. The ex-dividend date of this dividend was Thursday, May 12th. Exxon Mobil’s dividend payout ratio is presently 58.37%.
XOM has been the topic of a number of recent research reports. Morgan Stanley upped their price target on Exxon Mobil from $ 103.00 to $ 107.00 and gave the stock an “overweight” rating in a research report on Monday, June 6th. The Goldman Sachs Group lifted their price target on Exxon Mobil from $ 104.00 to $ 117.00 and gave the company a “buy” rating in a research note on Wednesday, June 8th. Citigroup upped their target price on shares of Exxon Mobil from $ 80.00 to $ 90.00 and gave the stock a “neutral” rating in a research note on Thursday, May 19th. JPMorgan Chase & Co. set a $ 100.00 price target on shares of Exxon Mobil in a research note on Tuesday, March 29th. Finally, Royal Bank of Canada raised shares of Exxon Mobil from a “sector perform” rating to an “outperform” rating and increased their price target for the company from $ 90.00 to $ 100.00 in a research report on Thursday, April 21st. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and eleven have assigned a buy rating to the company stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $ 89.24.
In related news, VP Darrin L. Talley sold 2,147 shares of the firm’s stock in a transaction dated Tuesday, June 7th. The shares were sold at an average price of $ 102.81, for a total value of $ 220,733.07. Following the completion of the sale, the vice president now owns 30,363 shares in the company, valued at $ 3,121,620.03. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Darrin L. Talley sold 2,500 shares of the business’s stock in a transaction that occurred on Thursday, May 26th. The stock was sold at an average price of $ 96.65, for a total value of $ 241,625.00. Following the transaction, the vice president now owns 32,510 shares in the company, valued at approximately $ 3,142,091.50. The disclosure for this sale can be found here. Company insiders own 0.04% of the company stock.
Exxon Mobil Company Profile: (Get Rating)
Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States and internationally. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, natural gas, petroleum products, petrochemicals, and other specialty products; manufactures and sells petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals; and captures and stores carbon, hydrogen, and biofuels.
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