YHB Investment Advisors Inc. Sells 773 Shares of Exxon Mobil Co. (NYSE:XOM)

YHB Investment Advisors Inc. reduced its position in shares of Exxon Mobil Co. (NYSE:XOM) by 2.4% in the fourth quarter, Holdings Channel reports. The fund owned 31,861 shares of the oil and gas company’s stock after selling 773 shares during the quarter. YHB Investment Advisors Inc.’s holdings in Exxon Mobil were worth $3,427,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Retirement Wealth Solutions LLC bought a new stake in shares of Exxon Mobil in the 4th quarter worth about $46,000. Peterson Financial Group Inc. purchased a new position in Exxon Mobil in the third quarter worth about $51,000. Highline Wealth Partners LLC bought a new stake in Exxon Mobil during the third quarter worth approximately $54,000. Harbor Capital Advisors Inc. purchased a new stake in Exxon Mobil during the third quarter valued at approximately $63,000. Finally, Annapolis Financial Services LLC lifted its stake in shares of Exxon Mobil by 284.9% in the 3rd quarter. Annapolis Financial Services LLC now owns 766 shares of the oil and gas company’s stock valued at $90,000 after purchasing an additional 567 shares during the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Scotiabank upgraded Exxon Mobil from a “sector perform” rating to a “sector outperform” rating and raised their price target for the stock from $129.00 to $145.00 in a research report on Thursday, October 10th. Barclays dropped their price target on shares of Exxon Mobil from $142.00 to $137.00 and set an “overweight” rating for the company in a research note on Thursday, October 3rd. Bank of America assumed coverage on shares of Exxon Mobil in a report on Thursday, October 17th. They set a “neutral” rating and a $124.00 price target on the stock. JPMorgan Chase & Co. decreased their price objective on shares of Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating for the company in a research note on Monday, December 16th. Finally, BNP Paribas cut Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 target price on the stock. in a research note on Wednesday, October 9th. One analyst has rated the stock with a sell rating, seven have given a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $128.84.

Exxon Mobil Stock Up 0.7 %

Exxon Mobil stock opened at $109.48 on Friday. Exxon Mobil Co. has a twelve month low of $100.42 and a twelve month high of $126.34. The business has a fifty day moving average of $110.91 and a two-hundred day moving average of $115.33. The firm has a market cap of $481.18 billion, a P/E ratio of 13.63, a P/E/G ratio of 2.86 and a beta of 0.91. The company has a quick ratio of 1.01, a current ratio of 1.35 and a debt-to-equity ratio of 0.13.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.91 by $0.01. The company had revenue of $90.02 billion for the quarter, compared to the consensus estimate of $93.98 billion. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The firm’s revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter last year, the company earned $2.27 earnings per share. On average, analysts forecast that Exxon Mobil Co. will post 7.77 earnings per share for the current fiscal year.

Exxon Mobil Profile

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.