Moody Lynn & Lieberson LLC Decreases Holdings in Exxon Mobil Corporation (NYSE:XOM)

Moody Lynn & Lieberson LLC decreased its holdings in shares of Exxon Mobil Corporation (NYSE:XOM) by 47.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 41,915 shares of the oil and gas company’s stock after selling 38,025 shares during the period. Moody Lynn & Lieberson LLC’s holdings in Exxon Mobil Corporation were worth $3,384,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of XOM. Honkamp Krueger Financial Services Inc. boosted its position in shares of Exxon Mobil Corporation by 7.7% during the 1st quarter. Honkamp Krueger Financial Services Inc. now owns 64,281 shares of the oil and gas company’s stock valued at $5,272,000 after purchasing an additional 4,608 shares in the last quarter. Verus Financial Partners Inc. boosted its position in shares of Exxon Mobil Corporation by 12.8% during the 1st quarter. Verus Financial Partners Inc. now owns 13,809 shares of the oil and gas company’s stock valued at $1,133,000 after purchasing an additional 1,564 shares in the last quarter. Gierl Augustine Investment Management Inc boosted its position in shares of Exxon Mobil Corporation by 13.7% during the 1st quarter. Gierl Augustine Investment Management Inc now owns 42,771 shares of the oil and gas company’s stock valued at $3,508,000 after purchasing an additional 5,143 shares in the last quarter. Stokes & Hubbell Capital Management LLC boosted its position in shares of Exxon Mobil Corporation by 1.0% during the 1st quarter. Stokes & Hubbell Capital Management LLC now owns 148,883 shares of the oil and gas company’s stock valued at $12,210,000 after purchasing an additional 1,463 shares in the last quarter. Finally, Amarillo National Bank boosted its holdings in shares of Exxon Mobil Corporation by 6.1% in the first quarter. Amarillo National Bank now owns 20,006 shares of the oil and gas company’s stock worth $1,641,000 after buying an additional 1,151 shares during the period. Institutional investors own 50.74% of the company’s stock.



In related news, VP Robert Stuart Franklin sold 22,656 shares of the stock in a transaction on Monday, September 18th. The stock was sold at an average price of $79.76, for a total value of $1,807,042.56. Following the sale, the vice president now owns 231,572 shares in the company, valued at approximately $18,470,182.72. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Steven Reinemund sold 1,100 shares of the stock in a transaction on Friday, August 4th. The shares were sold at an average price of $80.23, for a total value of $88,253.00. Following the completion of the sale, the director now owns 43,125 shares in the company, valued at approximately $3,459,918.75. The disclosure for this sale can be found here. Corporate insiders own 0.08% of the company’s stock.

Exxon Mobil Corporation (XOM) opened at 83.47 on Friday. The firm’s 50-day moving average price is $81.34 and its 200 day moving average price is $80.79. The firm has a market cap of $353.67 billion, a P/E ratio of 30.09 and a beta of 0.82. Exxon Mobil Corporation has a one year low of $76.05 and a one year high of $93.22.

Exxon Mobil Corporation (NYSE:XOM) last announced its quarterly earnings data on Friday, July 28th. The oil and gas company reported $0.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.05). Exxon Mobil Corporation had a return on equity of 7.62% and a net margin of 4.75%. The company had revenue of $62.88 billion for the quarter, compared to the consensus estimate of $61.35 billion. During the same quarter in the prior year, the company earned $0.41 EPS. The company’s revenue for the quarter was up 9.0% on a year-over-year basis. On average, equities research analysts forecast that Exxon Mobil Corporation will post $3.50 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 11th. Stockholders of record on Monday, November 13th will be paid a dividend of $0.77 per share. This represents a $3.08 dividend on an annualized basis and a dividend yield of 3.69%. The ex-dividend date of this dividend is Friday, November 10th. Exxon Mobil Corporation’s dividend payout ratio is currently 111.19%.

Several brokerages have commented on XOM. Zacks Investment Research upgraded shares of Exxon Mobil Corporation from a “hold” rating to a “buy” rating and set a $93.00 target price for the company in a report on Thursday. Jefferies Group LLC set a $84.00 target price on shares of Exxon Mobil Corporation and gave the stock a “hold” rating in a report on Thursday, October 19th. Morgan Stanley reiterated an “underperform” rating on shares of Exxon Mobil Corporation in a report on Thursday, October 19th. BMO Capital Markets set a $80.00 target price on shares of Exxon Mobil Corporation and gave the stock a “hold” rating in a report on Wednesday, October 18th. Finally, Barclays PLC reiterated an “overweight” rating and issued a $94.00 target price (up from $91.00) on shares of Exxon Mobil Corporation in a report on Friday, October 13th. Five research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $85.63.

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About Exxon Mobil Corporation

Exxon Mobil Corporation is engaged in energy business. The Company is engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products. The Company also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty products.

Institutional Ownership by Quarter for Exxon Mobil Corporation (NYSE:XOM)

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