Level Financial Advisors Sells 4,503 Shares of ExxonMobil Corporation $XOM

Level Financial Advisors decreased its holdings in shares of ExxonMobil Corporation (NYSE:XOMFree Report) by 62.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,733 shares of the oil and gas company’s stock after selling 4,503 shares during the quarter. Level Financial Advisors’ holdings in ExxonMobil were worth $329,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Westfuller Advisors LLC bought a new stake in ExxonMobil during the 3rd quarter valued at $30,000. Clayton Financial Group LLC purchased a new position in shares of ExxonMobil during the 3rd quarter valued at $40,000. TruNorth Capital Management LLC grew its position in shares of ExxonMobil by 1,595.2% during the 3rd quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock valued at $40,000 after purchasing an additional 335 shares in the last quarter. Halbert Hargrove Global Advisors LLC grew its position in shares of ExxonMobil by 95.8% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock valued at $42,000 after purchasing an additional 181 shares in the last quarter. Finally, Marquette Asset Management LLC grew its position in shares of ExxonMobil by 307.0% during the 3rd quarter. Marquette Asset Management LLC now owns 407 shares of the oil and gas company’s stock valued at $46,000 after purchasing an additional 307 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

Insider Transactions at ExxonMobil

In related news, VP Darrin L. Talley sold 5,000 shares of the company’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total value of $698,750.00. Following the completion of the transaction, the vice president directly owned 23,584 shares in the company, valued at approximately $3,295,864. The trade was a 17.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 11,460 shares of company stock valued at $1,687,854 in the last ninety days. 0.03% of the stock is currently owned by insiders.

Key Stories Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. JPMorgan Chase & Co. boosted their price target on shares of ExxonMobil from $140.00 to $170.00 and gave the company an “overweight” rating in a research report on Thursday, April 9th. Royal Bank Of Canada boosted their price target on shares of ExxonMobil from $160.00 to $180.00 and gave the company a “sector perform” rating in a research report on Thursday, April 9th. Loop Capital set a $123.00 price target on shares of ExxonMobil in a research report on Tuesday, February 3rd. Wolfe Research reduced their price target on shares of ExxonMobil from $158.00 to $153.00 and set an “outperform” rating for the company in a research report on Wednesday, April 8th. Finally, Sanford C. Bernstein reduced their price target on shares of ExxonMobil from $142.00 to $137.00 and set an “outperform” rating for the company in a research report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, ExxonMobil presently has an average rating of “Moderate Buy” and a consensus price target of $161.15.

Get Our Latest Research Report on ExxonMobil

ExxonMobil Stock Up 0.0%

Shares of NYSE:XOM opened at $146.50 on Monday. ExxonMobil Corporation has a 52-week low of $101.18 and a 52-week high of $176.41. The firm has a fifty day moving average of $154.99 and a 200 day moving average of $132.87. The firm has a market capitalization of $608.95 billion, a PE ratio of 21.90, a price-to-earnings-growth ratio of 0.84 and a beta of 0.29. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15.

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

ExxonMobil Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were given a $1.03 dividend. The ex-dividend date was Thursday, February 12th. This represents a $4.12 annualized dividend and a yield of 2.8%. ExxonMobil’s payout ratio is 61.58%.

ExxonMobil Company Profile

(Free Report)

ExxonMobil 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 ExxonMobil (NYSE:XOM)

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