Comprehensive Financial Planning Inc. PA Takes $302,000 Position in Exxon Mobil Co. (NYSE:XOM)

Comprehensive Financial Planning Inc. PA bought a new position in shares of Exxon Mobil Co. (NYSE:XOM) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,812 shares of the oil and gas company’s stock, valued at approximately $302,000.

Other large investors have also recently bought and sold shares of the company. Wagner Wealth Management LLC boosted its position in shares of Exxon Mobil by 4.5% during the 4th quarter. Wagner Wealth Management LLC now owns 14,293 shares of the oil and gas company’s stock worth $1,538,000 after acquiring an additional 617 shares in the last quarter. MFA Wealth Advisors LLC lifted its stake in Exxon Mobil by 5.1% during the fourth quarter. MFA Wealth Advisors LLC now owns 41,705 shares of the oil and gas company’s stock worth $4,486,000 after purchasing an additional 2,009 shares during the last quarter. Canvas Wealth Advisors LLC boosted its holdings in Exxon Mobil by 4.0% in the fourth quarter. Canvas Wealth Advisors LLC now owns 4,464 shares of the oil and gas company’s stock valued at $480,000 after purchasing an additional 173 shares in the last quarter. Angeles Wealth Management LLC increased its stake in Exxon Mobil by 27.1% in the fourth quarter. Angeles Wealth Management LLC now owns 29,842 shares of the oil and gas company’s stock valued at $3,210,000 after purchasing an additional 6,364 shares during the last quarter. Finally, Wealthstar Advisors LLC acquired a new stake in Exxon Mobil during the fourth quarter worth approximately $1,800,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Insider Buying and Selling

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

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Morgan Stanley upped their target price on shares of Exxon Mobil from $139.00 to $140.00 in a report on Friday, January 31st. HSBC decreased their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a research note on Friday, January 31st. Royal Bank of Canada reiterated a “sector perform” rating and set a $115.00 target price on shares of Exxon Mobil in a research report on Monday, February 3rd. Bank of America began coverage on Exxon Mobil in a research report on Thursday, October 17th. They issued a “neutral” rating and a $124.00 target price for the company. Finally, Wolfe Research lifted their price target on Exxon Mobil from $137.00 to $138.00 in a research report on Thursday, October 31st. One 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 assigned a strong buy rating to the stock. According to MarketBeat, Exxon Mobil has an average rating of “Moderate Buy” and a consensus target price of $129.25.

Exxon Mobil Price Performance

Shares of XOM opened at $107.37 on Thursday. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. The stock’s 50 day moving average is $109.16 and its two-hundred day moving average is $114.88. Exxon Mobil Co. has a twelve month low of $100.42 and a twelve month high of $126.34. The firm has a market capitalization of $471.90 billion, a PE ratio of 13.70, a P/E/G ratio of 2.94 and a beta of 0.89.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data 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 business posted $2.48 EPS. Research analysts anticipate that Exxon Mobil Co. will post 7.37 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The business also recently declared 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. 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 3.69%. Exxon Mobil’s dividend payout ratio is presently 50.51%.

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.