Exxon Mobil Co. (NYSE:XOM) Shares Sold by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC lessened its position in shares of Exxon Mobil Co. (NYSE:XOMFree Report) by 15.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 9,739 shares of the oil and gas company’s stock after selling 1,831 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in Exxon Mobil were worth $974,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. WealthPlan Investment Management LLC increased its position in Exxon Mobil by 9,446.4% during the third quarter. WealthPlan Investment Management LLC now owns 16,038 shares of the oil and gas company’s stock worth $1,886,000 after buying an additional 15,870 shares in the last quarter. First Command Advisory Services Inc. acquired a new position in Exxon Mobil in the 3rd quarter valued at about $4,490,000. WealthBridge Capital Management LLC lifted its holdings in Exxon Mobil by 8.9% in the 3rd quarter. WealthBridge Capital Management LLC now owns 11,637 shares of the oil and gas company’s stock valued at $1,368,000 after purchasing an additional 955 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of Exxon Mobil by 11.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,255,666 shares of the oil and gas company’s stock worth $265,221,000 after purchasing an additional 236,760 shares during the last quarter. Finally, Mcintyre Freedman & Flynn Investment Advisers Inc. grew its holdings in shares of Exxon Mobil by 3.1% during the third quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. now owns 3,339 shares of the oil and gas company’s stock worth $393,000 after buying an additional 100 shares in the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Exxon Mobil Stock Performance

Exxon Mobil stock opened at $113.11 on Thursday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.38 and a quick ratio of 1.06. The firm’s fifty day moving average price is $117.77 and its 200 day moving average price is $108.46. The company has a market capitalization of $445.99 billion, a price-to-earnings ratio of 13.86, a price-to-earnings-growth ratio of 3.92 and a beta of 0.92. Exxon Mobil Co. has a 12-month low of $95.77 and a 12-month high of $123.75.

Exxon Mobil (NYSE:XOMGet Free Report) last issued its quarterly earnings results on Friday, April 26th. The oil and gas company reported $2.06 EPS for the quarter, missing analysts’ consensus estimates of $2.19 by ($0.13). Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The business had revenue of $83.08 billion during the quarter, compared to analysts’ expectations of $79.69 billion. During the same period in the prior year, the company posted $2.83 EPS. The company’s revenue for the quarter was down 4.0% on a year-over-year basis. On average, research analysts forecast that Exxon Mobil Co. will post 9.57 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Wednesday, May 15th will be paid a $0.95 dividend. The ex-dividend date is Tuesday, May 14th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.36%. Exxon Mobil’s dividend payout ratio (DPR) is presently 46.57%.

Analyst Ratings Changes

XOM has been the topic of several recent analyst reports. Mizuho upped their price objective on shares of Exxon Mobil from $125.00 to $128.00 and gave the company a “neutral” rating in a research note on Monday, May 13th. Wells Fargo & Company increased their price target on Exxon Mobil from $138.00 to $142.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 30th. Barclays started coverage on Exxon Mobil in a research report on Wednesday, April 10th. They issued an “overweight” rating and a $147.00 price objective for the company. HSBC increased their target price on Exxon Mobil from $111.00 to $120.00 and gave the stock a “hold” rating in a research report on Tuesday, April 30th. Finally, UBS Group lifted their price target on Exxon Mobil from $150.00 to $152.00 and gave the company a “buy” rating in a report on Tuesday, May 7th. Eight analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, Exxon Mobil currently has a consensus rating of “Moderate Buy” and an average target price of $135.00.

View Our Latest Research Report on Exxon Mobil

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,426 shares of the business’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $119.01, for a total value of $288,718.26. Following the completion of the sale, the vice president now owns 25,363 shares of the company’s stock, valued at approximately $3,018,450.63. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.03% of the stock is currently owned by corporate insiders.

Exxon Mobil Company 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.

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

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