Exxon Mobil Co. (NYSE:XOM) Shares Sold by Paragon Capital Management LLC

Paragon Capital Management LLC lessened its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 5.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 8,119 shares of the oil and gas company’s stock after selling 445 shares during the period. Paragon Capital Management LLC’s holdings in Exxon Mobil were worth $873,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in XOM. Principal Financial Group Inc. boosted its holdings in Exxon Mobil by 8.4% during the third quarter. Principal Financial Group Inc. now owns 6,709,202 shares of the oil and gas company’s stock worth $786,453,000 after buying an additional 521,932 shares in the last quarter. United Bank boosted its holdings in Exxon Mobil by 3.7% during the third quarter. United Bank now owns 17,920 shares of the oil and gas company’s stock worth $2,101,000 after buying an additional 641 shares in the last quarter. Quest Partners LLC boosted its holdings in Exxon Mobil by 157.5% during the third quarter. Quest Partners LLC now owns 8,925 shares of the oil and gas company’s stock worth $1,046,000 after buying an additional 5,459 shares in the last quarter. Citizens Financial Group Inc. RI boosted its holdings in Exxon Mobil by 8.1% during the third quarter. Citizens Financial Group Inc. RI now owns 321,423 shares of the oil and gas company’s stock worth $37,677,000 after buying an additional 24,138 shares in the last quarter. Finally, Cornerstone Advisors LLC boosted its holdings in Exxon Mobil by 7.1% during the third quarter. Cornerstone Advisors LLC now owns 264,427 shares of the oil and gas company’s stock worth $30,996,000 after buying an additional 17,600 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Stock Up 0.4 %

Exxon Mobil stock opened at $115.84 on Friday. The company has a market capitalization of $502.63 billion, a P/E ratio of 14.78, a P/E/G ratio of 3.02 and a beta of 0.83. The firm’s fifty day simple moving average is $109.92 and its 200-day simple moving average is $113.60. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. Exxon Mobil Co. has a 1-year low of $103.67 and a 1-year high of $126.34.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing the consensus estimate 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 quarter in the prior year, the company posted $2.48 earnings per share. Sell-side analysts forecast that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Wednesday, February 12th were issued a $0.99 dividend. The ex-dividend date was Wednesday, February 12th. This represents a $3.96 annualized dividend and a yield of 3.42%. Exxon Mobil’s dividend payout ratio (DPR) is presently 50.51%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Barclays decreased their price objective on shares of Exxon Mobil from $137.00 to $135.00 and set an “overweight” rating for the company in a research note on Tuesday. Morgan Stanley raised their price objective on shares of Exxon Mobil from $139.00 to $140.00 in a research note on Friday, January 31st. TD Cowen decreased their price objective on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a research note on Monday, December 16th. The Goldman Sachs Group decreased 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. Finally, Argus raised shares of Exxon Mobil to a “strong-buy” rating in a research note on Tuesday, February 4th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $129.15.

Insider Buying and Selling

In related news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil 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 transaction, the vice president now owns 18,087 shares in the company, valued at $1,989,570. This trade represents a 10.40 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 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.