Exxon Mobil Corporation $XOM Shares Sold by UMB Bank n.a.

UMB Bank n.a. lowered its stake in Exxon Mobil Corporation (NYSE:XOMFree Report) by 2.2% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 396,447 shares of the oil and gas company’s stock after selling 8,824 shares during the quarter. UMB Bank n.a.’s holdings in Exxon Mobil were worth $44,699,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Westfuller Advisors LLC purchased a new position in shares of Exxon Mobil in the third quarter valued at approximately $30,000. Clayton Financial Group LLC acquired a new stake in Exxon Mobil during the 3rd quarter worth $40,000. TruNorth Capital Management LLC grew its holdings in shares of Exxon Mobil by 1,595.2% during the third quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock worth $40,000 after buying an additional 335 shares in the last quarter. Bare Financial Services Inc raised its position in shares of Exxon Mobil by 121.8% in the second quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock valued at $39,000 after buying an additional 201 shares during the last quarter. Finally, Halbert Hargrove Global Advisors LLC lifted its stake in shares of Exxon Mobil by 95.8% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock worth $42,000 after buying an additional 181 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Exxon Mobil Stock Up 0.7%

Shares of XOM opened at $141.43 on Friday. The company’s 50-day moving average price is $122.80 and its 200 day moving average price is $116.12. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $142.34. The company has a current ratio of 1.14, a quick ratio of 0.79 and a debt-to-equity ratio of 0.12. The firm has a market cap of $596.43 billion, a P/E ratio of 20.56, a price-to-earnings-growth ratio of 14.84 and a beta of 0.37.

Exxon Mobil (NYSE:XOMGet Free Report) last announced its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. The business had revenue of $82.31 billion during the quarter, compared to analysts’ expectations of $77.98 billion. During the same period last year, the business earned $1.67 earnings per share. The business’s revenue for the quarter was down 1.3% on a year-over-year basis. On average, sell-side analysts forecast that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th will be paid a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Thursday, February 12th. Exxon Mobil’s dividend payout ratio is 59.88%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on XOM. TD Cowen reissued a “buy” rating on shares of Exxon Mobil in a research note on Monday, January 26th. Barclays lifted their price objective on Exxon Mobil from $130.00 to $140.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 21st. Sanford C. Bernstein cut their target price on Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. Citigroup boosted their price target on shares of Exxon Mobil from $115.00 to $118.00 and gave the company a “neutral” rating in a research report on Wednesday, December 10th. Finally, Zacks Research cut shares of Exxon Mobil from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 1st. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Exxon Mobil currently has a consensus rating of “Moderate Buy” and an average price target of $133.93.

Read Our Latest Research Report on XOM

Exxon Mobil News Summary

Here are the key news stories impacting Exxon Mobil this week:

Insider Activity at Exxon Mobil

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

Exxon Mobil 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.

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

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