Signal Advisors Wealth LLC Purchases 9,980 Shares of Exxon Mobil Corporation $XOM

Signal Advisors Wealth LLC increased its position in Exxon Mobil Corporation (NYSE:XOMFree Report) by 30.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 42,287 shares of the oil and gas company’s stock after acquiring an additional 9,980 shares during the quarter. Signal Advisors Wealth LLC’s holdings in Exxon Mobil were worth $4,768,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Game Plan Financial Advisors LLC lifted its position in shares of Exxon Mobil by 1,500.0% during the 1st quarter. Game Plan Financial Advisors LLC now owns 320 shares of the oil and gas company’s stock worth $38,000 after purchasing an additional 300 shares during the last quarter. Marshall & Sullivan Inc. WA bought a new position in Exxon Mobil in the 2nd quarter worth approximately $38,000. Bare Financial Services Inc increased its position in Exxon Mobil by 121.8% in the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock worth $39,000 after buying an additional 201 shares during the period. 1248 Management LLC acquired a new position in shares of Exxon Mobil during the first quarter worth approximately $40,000. Finally, Investment Research & Advisory Group Inc. bought a new stake in shares of Exxon Mobil in the second quarter valued at approximately $42,000. 61.80% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 3,000 shares of the stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $117.19, for a total transaction of $351,570.00. Following the completion of the transaction, the vice president directly owned 28,584 shares in the company, valued at $3,349,758.96. This represents a 9.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.03% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Morgan Stanley upped their target price on shares of Exxon Mobil from $135.00 to $137.00 and gave the company an “overweight” rating in a research note on Wednesday, December 10th. BNP Paribas Exane upgraded shares of Exxon Mobil from an “underperform” rating to a “neutral” rating and set a $114.00 price objective on the stock in a report on Monday, December 8th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Exxon Mobil in a research note on Monday, December 15th. Jefferies Financial Group lifted their target price on Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Exxon Mobil in a report on Monday, November 3rd. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and thirteen have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $129.45.

Read Our Latest Report on Exxon Mobil

Key Headlines Impacting Exxon Mobil

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Exxon Mobil Stock Performance

NYSE XOM opened at $116.56 on Monday. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $120.81. The company has a quick ratio of 0.79, a current ratio of 1.14 and a debt-to-equity ratio of 0.12. The stock has a market cap of $491.57 billion, a P/E ratio of 16.94, a PEG ratio of 7.36 and a beta of 0.38. The company’s 50-day simple moving average is $115.93 and its 200 day simple moving average is $112.77.

Exxon Mobil (NYSE:XOMGet Free Report) last released its quarterly earnings data on Friday, June 17th. The oil and gas company reported $0.65 earnings per share for the quarter. Exxon Mobil had a return on equity of 11.22% and a net margin of 8.99%.The company had revenue of $57.55 billion for the quarter. As a group, research analysts forecast that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Friday, November 14th were given a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a yield of 3.5%. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.99. The ex-dividend date was Friday, November 14th. Exxon Mobil’s dividend payout ratio (DPR) is currently 59.88%.

Exxon Mobil Company Profile

(Free Report)

Exxon Mobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

See Also

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

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