Howard Bailey Securities LLC Acquires 200 Shares of Exxon Mobil Co. (NYSE:XOM)

Howard Bailey Securities LLC raised its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 8.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,580 shares of the oil and gas company’s stock after purchasing an additional 200 shares during the period. Howard Bailey Securities LLC’s holdings in Exxon Mobil were worth $278,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Keystone Financial Group Inc. purchased a new position in Exxon Mobil in the fourth quarter worth about $36,000. Retirement Wealth Solutions LLC purchased a new position in Exxon Mobil in the 4th quarter worth approximately $46,000. Compass Financial Services Inc bought a new position in Exxon Mobil in the 4th quarter valued at approximately $48,000. Peterson Financial Group Inc. purchased a new stake in Exxon Mobil during the 3rd quarter valued at $51,000. Finally, Highline Wealth Partners LLC bought a new stake in shares of Exxon Mobil in the 3rd quarter worth $54,000. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total value of $231,000.00. Following the sale, the vice president now owns 18,087 shares in the company, valued at $1,989,570. The trade was a 10.40 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.03% of the stock is owned by company insiders.

Exxon Mobil Trading Up 0.0 %

Shares of XOM stock opened at $108.17 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. The stock has a fifty day simple moving average of $108.78 and a two-hundred day simple moving average of $114.73. The firm has a market capitalization of $475.42 billion, a PE ratio of 13.80, a PEG ratio of 2.94 and a beta of 0.89. Exxon Mobil Co. has a 52-week low of $100.60 and a 52-week high of $126.34.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same period in the prior year, the company posted $2.48 EPS. On average, analysts predict that Exxon Mobil Co. will post 7.37 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th will be issued a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 3.66%. The ex-dividend date is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is presently 50.51%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on XOM shares. Bernstein Bank increased their price objective on Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a research report on Friday, January 31st. UBS Group reduced their price target on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a research note on Thursday, December 12th. JPMorgan Chase & Co. lowered their price objective on shares of Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a research report on Monday, December 16th. Mizuho cut their target price on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating for the company in a research report on Monday, December 16th. Finally, Wells Fargo & Company lowered their price target on Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating on the stock in a report on Monday, February 3rd. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $129.25.

Exxon Mobil Company 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.