Dynamic Advisor Solutions LLC Sells 12,955 Shares of Exxon Mobil Corporation $XOM

Dynamic Advisor Solutions LLC trimmed its position in shares of Exxon Mobil Corporation (NYSE:XOMFree Report) by 11.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 95,653 shares of the oil and gas company’s stock after selling 12,955 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Exxon Mobil were worth $11,511,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Maryland State Retirement & Pension System grew its holdings in shares of Exxon Mobil by 2.6% in the third quarter. Maryland State Retirement & Pension System now owns 215,892 shares of the oil and gas company’s stock valued at $24,342,000 after acquiring an additional 5,573 shares in the last quarter. U.S. Capital Wealth Advisors LLC lifted its holdings in Exxon Mobil by 3.3% during the third quarter. U.S. Capital Wealth Advisors LLC now owns 306,658 shares of the oil and gas company’s stock worth $34,576,000 after acquiring an additional 9,831 shares during the period. Capital Counsel LLC NY lifted its holdings in Exxon Mobil by 0.9% during the second quarter. Capital Counsel LLC NY now owns 49,687 shares of the oil and gas company’s stock worth $5,356,000 after acquiring an additional 460 shares during the period. HORAN Wealth LLC boosted its position in Exxon Mobil by 78.3% in the third quarter. HORAN Wealth LLC now owns 13,180 shares of the oil and gas company’s stock worth $1,486,000 after purchasing an additional 5,788 shares during the last quarter. Finally, New Age Alpha Advisors LLC grew its stake in Exxon Mobil by 5.6% in the 3rd quarter. New Age Alpha Advisors LLC now owns 166,547 shares of the oil and gas company’s stock valued at $18,778,000 after purchasing an additional 8,853 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Insider Activity

In related news, VP Darrin L. Talley sold 1,080 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $155.50, for a total transaction of $167,940.00. Following the sale, the vice president directly owned 17,124 shares in the company, valued at approximately $2,662,782. This represents a 5.93% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders have sold a total of 11,460 shares of company stock valued at $1,687,854 over the last 90 days. Insiders own 0.03% of the company’s stock.

Exxon Mobil News Roundup

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

Exxon Mobil Stock Up 2.5%

XOM stock opened at $165.22 on Wednesday. The stock has a fifty day moving average of $147.09 and a 200-day moving average of $127.07. Exxon Mobil Corporation has a fifty-two week low of $97.80 and a fifty-two week high of $167.48. The company has a market capitalization of $688.42 billion, a price-to-earnings ratio of 24.70, a PEG ratio of 1.26 and a beta of 0.35. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15.

Exxon Mobil (NYSE:XOMGet Free Report) last announced its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. The business had revenue of $80.04 billion for the quarter, compared to analysts’ expectations of $77.98 billion. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The firm’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same period in the previous year, the business posted $1.67 EPS. As a group, equities research analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were given a $1.03 dividend. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $4.12 annualized dividend and a dividend yield of 2.5%. Exxon Mobil’s payout ratio is 61.58%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Exxon Mobil in a research note on Monday, December 29th. Jefferies Financial Group increased their price target on shares of Exxon Mobil from $146.00 to $148.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Royal Bank Of Canada lifted their price objective on shares of Exxon Mobil from $145.00 to $150.00 and gave the stock a “sector perform” rating in a research report on Monday, February 2nd. UBS Group reiterated a “buy” rating and issued a $171.00 target price on shares of Exxon Mobil in a research note on Monday, February 2nd. Finally, BNP Paribas Exane downgraded shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 target price for the company. in a research report on Tuesday, February 3rd. Nine investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $148.89.

Get Our Latest Report on XOM

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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