Asset Planning Services Inc. LA ADV Sells 3,410 Shares of Exxon Mobil Corporation $XOM

Asset Planning Services Inc. LA ADV cut its position in shares of Exxon Mobil Corporation (NYSE:XOMFree Report) by 6.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 47,155 shares of the oil and gas company’s stock after selling 3,410 shares during the period. Exxon Mobil makes up 2.5% of Asset Planning Services Inc. LA ADV’s portfolio, making the stock its 19th largest holding. Asset Planning Services Inc. LA ADV’s holdings in Exxon Mobil were worth $5,675,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Maryland State Retirement & Pension System increased its stake in Exxon Mobil by 2.6% during the 3rd 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 purchasing an additional 5,573 shares in the last quarter. Capital Investment Advisors LLC lifted its stake in shares of Exxon Mobil by 6.6% during the fourth quarter. Capital Investment Advisors LLC now owns 231,488 shares of the oil and gas company’s stock worth $27,857,000 after buying an additional 14,233 shares during the period. U.S. Capital Wealth Advisors LLC grew its holdings in shares of 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 valued at $34,576,000 after buying an additional 9,831 shares during the last quarter. HORAN Wealth LLC grew its holdings in shares of Exxon Mobil by 78.3% during the third quarter. HORAN Wealth LLC now owns 13,180 shares of the oil and gas company’s stock valued at $1,486,000 after buying an additional 5,788 shares during the last quarter. Finally, New Age Alpha Advisors LLC increased its position in shares of 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 acquiring an additional 8,853 shares during the period. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil News Roundup

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

Insider Buying and Selling

In other news, VP Darrin L. Talley sold 1,080 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $155.50, for a total value of $167,940.00. Following the completion of the sale, the vice president directly owned 17,124 shares in the company, valued at $2,662,782. The trade was a 5.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders sold 11,460 shares of company stock valued at $1,687,854 over the last quarter. 0.03% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Royal Bank Of Canada lifted their price target on Exxon Mobil from $145.00 to $150.00 and gave the stock a “sector perform” rating in a research report on Monday, February 2nd. HSBC raised their price objective on Exxon Mobil from $135.00 to $158.00 and gave the stock a “hold” rating in a research note on Friday, March 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Exxon Mobil in a report on Monday, December 29th. Loop Capital set a $123.00 price target on shares of Exxon Mobil in a report on Tuesday, February 3rd. Finally, BMO Capital Markets reissued a “market perform” rating and set a $155.00 price target on shares of Exxon Mobil in a research report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $152.39.

Read Our Latest Research Report on Exxon Mobil

Exxon Mobil Stock Down 0.0%

XOM stock opened at $160.63 on Friday. Exxon Mobil Corporation has a one year low of $97.80 and a one year high of $176.41. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15. The firm’s fifty day moving average is $152.53 and its 200 day moving average is $129.95. The firm has a market cap of $669.31 billion, a PE ratio of 24.01, a P/E/G ratio of 1.11 and a beta of 0.29.

Exxon Mobil (NYSE:XOMGet Free Report) last posted 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. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The business had revenue of $80.04 billion for the quarter, compared to analyst estimates of $77.98 billion. During the same period in the prior year, the company posted $1.67 EPS. The company’s revenue for the quarter was down 1.3% on a year-over-year basis. On average, research analysts forecast that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

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

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.

See Also

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

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