Mosley Wealth Management Increases Position in Exxon Mobil Co. (NYSE:XOM)

Mosley Wealth Management lifted its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 20.1% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 8,594 shares of the oil and gas company’s stock after buying an additional 1,440 shares during the quarter. Mosley Wealth Management’s holdings in Exxon Mobil were worth $934,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in XOM. KLP Kapitalforvaltning AS purchased a new stake in Exxon Mobil during the 4th quarter valued at approximately $177,430,000. Knights of Columbus Asset Advisors LLC increased its holdings in shares of Exxon Mobil by 0.9% in the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 246,449 shares of the oil and gas company’s stock valued at $26,511,000 after purchasing an additional 2,208 shares during the period. Umpqua Bank increased its holdings in shares of Exxon Mobil by 12.9% in the fourth quarter. Umpqua Bank now owns 10,288 shares of the oil and gas company’s stock valued at $1,129,000 after purchasing an additional 1,179 shares during the period. Sfmg LLC raised its stake in shares of Exxon Mobil by 11.0% during the fourth quarter. Sfmg LLC now owns 20,938 shares of the oil and gas company’s stock worth $2,252,000 after purchasing an additional 2,082 shares during the last quarter. Finally, Intellus Advisors LLC acquired a new stake in shares of Exxon Mobil during the fourth quarter worth $3,135,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Insider Transactions at Exxon Mobil

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

Exxon Mobil Trading Down 0.5 %

Shares of XOM opened at $115.30 on Friday. Exxon Mobil Co. has a 1-year low of $103.67 and a 1-year high of $126.34. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97. The firm has a 50 day simple moving average of $110.09 and a 200-day simple moving average of $113.57. The stock has a market cap of $500.29 billion, a price-to-earnings ratio of 14.71, a price-to-earnings-growth ratio of 3.02 and a beta of 0.83.

Exxon Mobil (NYSE:XOM) last released its quarterly 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 firm earned $2.48 earnings per share. Equities analysts forecast that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th were paid a dividend of $0.99 per share. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $3.96 annualized dividend and a dividend yield of 3.43%. Exxon Mobil’s dividend payout ratio is currently 50.51%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on XOM. Wells Fargo & Company dropped their price objective on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating on the stock in a research note on Monday, February 3rd. HSBC dropped their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a research note on Friday, January 31st. BMO Capital Markets reduced their price objective on shares of Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a research report on Friday, January 31st. Mizuho dropped their target price on Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a research report on Monday, December 16th. Finally, Barclays reduced their price target on Exxon Mobil from $137.00 to $135.00 and set an “overweight” rating for the company in a report on Tuesday, March 18th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $129.15.

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.