Exxon Mobil Co. (NYSE:XOM) Shares Sold by Chatham Capital Group Inc.

Chatham Capital Group Inc. cut its stake in Exxon Mobil Co. (NYSE:XOMFree Report) by 4.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,658 shares of the oil and gas company’s stock after selling 400 shares during the quarter. Chatham Capital Group Inc.’s holdings in Exxon Mobil were worth $966,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Assenagon Asset Management S.A. increased its stake in shares of Exxon Mobil by 83.0% in the 3rd quarter. Assenagon Asset Management S.A. now owns 1,269,030 shares of the oil and gas company’s stock valued at $149,213,000 after purchasing an additional 575,649 shares in the last quarter. Qsemble Capital Management LP increased its position in shares of Exxon Mobil by 34.3% in the third quarter. Qsemble Capital Management LP now owns 4,700 shares of the oil and gas company’s stock valued at $553,000 after buying an additional 1,200 shares in the last quarter. RNC Capital Management LLC grew its stake in Exxon Mobil by 5.5% in the 4th quarter. RNC Capital Management LLC now owns 87,926 shares of the oil and gas company’s stock valued at $8,791,000 after acquiring an additional 4,585 shares during the period. Meyer Handelman Co. raised its position in Exxon Mobil by 5.9% during the third quarter. Meyer Handelman Co. now owns 390,975 shares of the oil and gas company’s stock worth $45,971,000 after acquiring an additional 21,895 shares during the period. Finally, Flputnam Investment Management Co. grew its position in shares of Exxon Mobil by 36.0% in the third quarter. Flputnam Investment Management Co. now owns 87,395 shares of the oil and gas company’s stock valued at $10,276,000 after purchasing an additional 23,148 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on XOM. Redburn Atlantic upgraded Exxon Mobil from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $116.00 to $119.00 in a report on Tuesday, January 9th. UBS Group reduced their price objective on Exxon Mobil from $133.00 to $132.00 and set a “buy” rating for the company in a research note on Tuesday, January 23rd. JPMorgan Chase & Co. lowered their target price on shares of Exxon Mobil from $134.00 to $127.00 and set an “overweight” rating on the stock in a research note on Friday, December 8th. Erste Group Bank reissued a “hold” rating on shares of Exxon Mobil in a research note on Friday, December 22nd. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $120.00 price objective on shares of Exxon Mobil in a research note on Monday, February 5th. Nine analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $128.47.

Check Out Our Latest Analysis on XOM

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,400 shares of the stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total transaction of $252,000.00. Following the transaction, the vice president now owns 30,189 shares of the company’s stock, valued at approximately $3,169,845. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 0.04% of the company’s stock.

Exxon Mobil Stock Performance

NYSE XOM opened at $116.95 on Tuesday. The stock has a market cap of $464.04 billion, a PE ratio of 13.16, a P/E/G ratio of 4.26 and a beta of 0.96. Exxon Mobil Co. has a twelve month low of $95.77 and a twelve month high of $120.70. The stock has a fifty day simple moving average of $106.11 and a 200-day simple moving average of $105.89. The company has a current ratio of 1.48, a quick ratio of 1.09 and a debt-to-equity ratio of 0.18.

Exxon Mobil (NYSE:XOMGet Free Report) last announced its earnings results on Friday, February 2nd. The oil and gas company reported $2.48 earnings per share for the quarter, topping the consensus estimate of $2.20 by $0.28. Exxon Mobil had a net margin of 10.45% and a return on equity of 18.51%. The company had revenue of $84.34 billion during the quarter, compared to analyst estimates of $90.03 billion. During the same quarter last year, the firm posted $3.40 earnings per share. Exxon Mobil’s revenue was down 11.6% compared to the same quarter last year. Equities analysts anticipate that Exxon Mobil Co. will post 9.11 earnings per share for the current year.

Exxon Mobil Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Wednesday, February 14th were paid a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a yield of 3.25%. The ex-dividend date was Tuesday, February 13th. Exxon Mobil’s dividend payout ratio (DPR) is 42.74%.

Exxon Mobil Profile

(Free Report)

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.

Featured Articles

Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

Receive News & Ratings for Exxon Mobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil and related companies with MarketBeat.com's FREE daily email newsletter.