Aigen Investment Management LP Has $1.03 Million Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

Aigen Investment Management LP lifted its holdings in Exxon Mobil Co. (NYSE:XOM) by 68.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,536 shares of the oil and gas company’s stock after buying an additional 3,860 shares during the period. Aigen Investment Management LP’s holdings in Exxon Mobil were worth $1,026,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Proficio Capital Partners LLC raised its holdings in shares of Exxon Mobil by 35.3% during the fourth quarter. Proficio Capital Partners LLC now owns 18,252 shares of the oil and gas company’s stock worth $1,963,000 after acquiring an additional 4,760 shares in the last quarter. SPC Financial Inc. raised its holdings in shares of Exxon Mobil by 22.4% during the fourth quarter. SPC Financial Inc. now owns 8,058 shares of the oil and gas company’s stock worth $867,000 after acquiring an additional 1,476 shares in the last quarter. LVZ Inc. raised its holdings in shares of Exxon Mobil by 67.8% during the fourth quarter. LVZ Inc. now owns 6,946 shares of the oil and gas company’s stock worth $747,000 after acquiring an additional 2,807 shares in the last quarter. Assetmark Inc. raised its holdings in shares of Exxon Mobil by 27.8% during the fourth quarter. Assetmark Inc. now owns 643,330 shares of the oil and gas company’s stock worth $69,203,000 after acquiring an additional 140,064 shares in the last quarter. Finally, J.Safra Asset Management Corp raised its holdings in shares of Exxon Mobil by 30.3% during the fourth quarter. J.Safra Asset Management Corp now owns 6,052 shares of the oil and gas company’s stock worth $640,000 after acquiring an additional 1,409 shares in the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Exxon Mobil Stock Down 1.9 %

XOM stock opened at $105.51 on Thursday. Exxon Mobil Co. has a twelve month low of $103.67 and a twelve month high of $126.34. The company has a market cap of $457.82 billion, a PE ratio of 13.46, a price-to-earnings-growth ratio of 3.02 and a beta of 0.89. The business’s 50-day simple moving average is $108.98 and its 200 day simple moving average is $113.98. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing analysts’ consensus estimates of $1.77 by ($0.10). Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. During the same period last year, the company earned $2.48 EPS. On average, research analysts anticipate that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be issued a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a yield of 3.75%. The ex-dividend date is Wednesday, February 12th. Exxon Mobil’s payout ratio is 50.51%.

Wall Street Analyst Weigh In

XOM has been the subject of several recent research reports. BMO Capital Markets cut their price objective on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a report on Friday, January 31st. Bernstein Bank increased their price objective on Exxon Mobil from $138.00 to $144.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. Wells Fargo & Company cut their target price on Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating on the stock in a report on Monday, February 3rd. Scotiabank cut their target price on Exxon Mobil from $145.00 to $140.00 in a report on Friday, January 31st. Finally, Argus upgraded Exxon Mobil to a “strong-buy” rating in a report on Tuesday, February 4th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, Exxon Mobil currently has an average rating of “Moderate Buy” and an average target price of $129.25.

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the sale, the vice president now directly owns 18,087 shares of the company’s stock, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.03% of the company’s stock.

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.