Foundry Partners LLC Grows Stake in Exxon Mobil Corporation (NYSE:XOM)

Foundry Partners LLC grew its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 3.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 191,510 shares of the oil and gas company’s stock after buying an additional 6,175 shares during the quarter. Foundry Partners LLC’s holdings in Exxon Mobil were worth $15,461,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Horizon Investment Services LLC lifted its holdings in shares of Exxon Mobil by 0.4% during the first quarter. Horizon Investment Services LLC now owns 4,787 shares of the oil and gas company’s stock valued at $393,000 after purchasing an additional 20 shares during the last quarter. Jag Capital Management LLC increased its position in shares of Exxon Mobil by 0.5% during the second quarter. Jag Capital Management LLC now owns 5,635 shares of the oil and gas company’s stock valued at $455,000 after acquiring an additional 26 shares in the last quarter. Sonata Capital Group Inc. increased its position in shares of Exxon Mobil by 0.9% during the first quarter. Sonata Capital Group Inc. now owns 5,522 shares of the oil and gas company’s stock valued at $453,000 after acquiring an additional 50 shares in the last quarter. Investors Asset Management of Georgia Inc. GA ADV increased its position in shares of Exxon Mobil by 0.4% during the second quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 12,519 shares of the oil and gas company’s stock valued at $1,011,000 after acquiring an additional 50 shares in the last quarter. Finally, Valmark Advisers Inc. increased its position in shares of Exxon Mobil by 2.4% during the second quarter. Valmark Advisers Inc. now owns 2,652 shares of the oil and gas company’s stock valued at $214,000 after acquiring an additional 61 shares in the last quarter. Institutional investors own 51.18% of the company’s stock.

In other news, VP Robert N. Schleckser sold 5,601 shares of the company’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $83.93, for a total value of $470,091.93. Following the completion of the sale, the vice president now owns 187,663 shares of the company’s stock, valued at approximately $15,750,555.59. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Robert Stuart Franklin sold 22,656 shares of the company’s stock in a transaction that occurred on Monday, September 18th. The stock was sold at an average price of $79.76, for a total transaction of $1,807,042.56. Following the completion of the sale, the vice president now directly owns 231,572 shares of the company’s stock, valued at approximately $18,470,182.72. The disclosure for this sale can be found here. Insiders sold a total of 33,134 shares of company stock worth $2,683,730 over the last 90 days. Insiders own 0.08% of the company’s stock.

Exxon Mobil Corporation (XOM) opened at $83.57 on Tuesday. The company has a market cap of $354,090.00, a PE ratio of 23.44, a P/E/G ratio of 1.75 and a beta of 0.82. Exxon Mobil Corporation has a fifty-two week low of $76.05 and a fifty-two week high of $93.22. The company has a current ratio of 0.85, a quick ratio of 0.54 and a debt-to-equity ratio of 0.13.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, October 27th. The oil and gas company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.89 by $0.04. The company had revenue of $66.17 billion for the quarter, compared to the consensus estimate of $63.51 billion. Exxon Mobil had a net margin of 5.14% and a return on equity of 8.21%. During the same period in the prior year, the firm posted $0.63 EPS. equities analysts predict that Exxon Mobil Corporation will post 3.65 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, December 11th. Shareholders of record on Monday, November 13th will be paid a $0.77 dividend. The ex-dividend date is Friday, November 10th. This represents a $3.08 dividend on an annualized basis and a yield of 3.69%. Exxon Mobil’s dividend payout ratio is currently 100.33%.

A number of research firms have commented on XOM. TheStreet raised shares of Exxon Mobil from a “c” rating to a “b-” rating in a research report on Friday, October 27th. Barclays set a $94.00 target price on shares of Exxon Mobil and gave the stock a “buy” rating in a research report on Monday, August 21st. Vetr raised shares of Exxon Mobil from a “hold” rating to a “buy” rating and set a $79.60 target price for the company in a research report on Thursday, August 17th. Societe Generale set a $95.00 price target on shares of Exxon Mobil and gave the stock a “buy” rating in a research note on Monday, September 18th. Finally, Cowen reiterated a “buy” rating and set a $100.00 price target on shares of Exxon Mobil in a research note on Tuesday, September 19th. Six analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. Exxon Mobil currently has an average rating of “Hold” and a consensus target price of $86.14.

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About Exxon Mobil

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 (NYSE:XOM)

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