Kooman & Associates Has $529,000 Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

Kooman & Associates boosted its position in shares of Exxon Mobil Co. (NYSE:XOM) by 2.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 4,918 shares of the oil and gas company’s stock after purchasing an additional 103 shares during the period. Exxon Mobil comprises 0.2% of Kooman & Associates’ holdings, making the stock its 26th largest holding. Kooman & Associates’ holdings in Exxon Mobil were worth $529,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the company. Keystone Financial Group Inc. acquired a new stake in shares of Exxon Mobil during the 4th quarter valued at about $36,000. Retirement Wealth Solutions LLC bought a new position in Exxon Mobil during the fourth quarter valued at approximately $46,000. Compass Planning Associates Inc acquired a new stake in Exxon Mobil in the fourth quarter valued at approximately $47,000. Peterson Financial Group Inc. bought a new stake in Exxon Mobil in the third quarter worth approximately $51,000. Finally, Compass Financial Services Inc acquired a new position in shares of Exxon Mobil during the 4th quarter worth $48,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on XOM. The Goldman Sachs Group reduced their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating for the company in a research note on Friday, January 31st. UBS Group reduced their price target on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a research report on Thursday, December 12th. Mizuho decreased their price target on Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. Royal Bank of Canada reissued a “sector perform” rating and issued a $115.00 price objective on shares of Exxon Mobil in a research note on Monday, February 3rd. Finally, Wells Fargo & Company decreased their target price on Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating for the company in a research report on Monday, February 3rd. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Exxon Mobil currently has a consensus rating of “Moderate Buy” and an average price target of $129.25.

Insider Buying and Selling

In other news, VP Darrin L. Talley sold 2,100 shares of the 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 completion of the transaction, the vice president now owns 18,087 shares in the company, valued at approximately $1,989,570. This represents a 10.40 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.03% of the stock is owned by company insiders.

Exxon Mobil Stock Performance

NYSE:XOM opened at $109.75 on Wednesday. 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 firm’s 50-day moving average is $108.69 and its 200-day moving average is $114.37. Exxon Mobil Co. has a 52-week low of $103.05 and a 52-week high of $126.34. The company has a market cap of $476.20 billion, a price-to-earnings ratio of 14.00, a PEG ratio of 3.02 and a beta of 0.89.

Exxon Mobil (NYSE:XOM) last issued its quarterly 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 business earned $2.48 EPS. Equities research analysts anticipate that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be paid a $0.99 dividend. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.61%. Exxon Mobil’s payout ratio is 50.51%.

About Exxon Mobil

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.