Financial Planning Hawaii Inc. Purchases New Position in Exxon Mobil Corporation $XOM

Financial Planning Hawaii Inc. purchased a new position in Exxon Mobil Corporation (NYSE:XOMFree Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 8,786 shares of the oil and gas company’s stock, valued at approximately $1,057,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in XOM. Westfuller Advisors LLC purchased a new position in shares of Exxon Mobil in the 3rd quarter worth approximately $30,000. Clayton Financial Group LLC purchased a new stake in Exxon Mobil during the 3rd quarter valued at $40,000. TruNorth Capital Management LLC lifted its position in Exxon Mobil by 1,595.2% in 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 during the last quarter. Halbert Hargrove Global Advisors LLC lifted its position in 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 during the last quarter. Finally, Marquette Asset Management LLC boosted its stake in Exxon Mobil by 307.0% during the third quarter. Marquette Asset Management LLC now owns 407 shares of the oil and gas company’s stock worth $46,000 after buying an additional 307 shares during the period. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Exxon Mobil Stock Down 5.2%

NYSE:XOM opened at $160.89 on Thursday. The company has a market cap of $670.40 billion, a price-to-earnings ratio of 24.05, a price-to-earnings-growth ratio of 1.17 and a beta of 0.29. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $176.41. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. The stock has a fifty day simple moving average of $151.47 and a 200-day simple moving average of $129.29.

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

Exxon Mobil Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th were paid a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Thursday, February 12th. Exxon Mobil’s dividend payout ratio is currently 61.58%.

Key Stories Impacting Exxon Mobil

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Scotiabank raised shares of Exxon Mobil to a “strong-buy” rating in a research note on Friday, March 27th. Royal Bank Of Canada lifted their price target on shares of Exxon Mobil from $145.00 to $150.00 and gave the stock a “sector perform” rating in a research note on Monday, February 2nd. Sanford C. Bernstein cut their price target on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a report on Monday, January 5th. Morgan Stanley increased their price objective on shares of Exxon Mobil from $134.00 to $172.00 and gave the stock an “overweight” rating in a research report on Friday, March 27th. Finally, BNP Paribas Exane downgraded shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 price objective for the company. in a research note on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $151.00.

Read Our Latest Report on XOM

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 5,000 shares of Exxon Mobil stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total transaction of $698,750.00. Following the completion of the sale, the vice president owned 23,584 shares of the company’s stock, valued at approximately $3,295,864. The trade was a 17.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold 11,460 shares of company stock worth $1,687,854 over the last 90 days. Company insiders own 0.03% of the company’s stock.

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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