Exxon Mobil Co. (NYSE:XOM) Holdings Trimmed by First National Bank of Mount Dora Trust Investment Services

First National Bank of Mount Dora Trust Investment Services lowered its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 5.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 37,645 shares of the oil and gas company’s stock after selling 2,005 shares during the period. First National Bank of Mount Dora Trust Investment Services’ holdings in Exxon Mobil were worth $3,086,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of XOM. Asset Management Advisors LLC lifted its position in Exxon Mobil by 0.3% during the second quarter. Asset Management Advisors LLC now owns 2,515 shares of the oil and gas company’s stock worth $203,000 after buying an additional 7 shares during the period. Horizon Investment Services LLC lifted its position in 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 worth $393,000 after buying an additional 20 shares during the period. Jag Capital Management LLC lifted its position in 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 worth $455,000 after buying an additional 26 shares during the period. C M Bidwell & Associates Ltd. lifted its position in Exxon Mobil by 1.3% during the second quarter. C M Bidwell & Associates Ltd. now owns 2,430 shares of the oil and gas company’s stock worth $196,000 after buying an additional 30 shares during the period. Finally, Lehman Financial Resources Inc. lifted its position in Exxon Mobil by 0.5% during the second quarter. Lehman Financial Resources Inc. now owns 7,176 shares of the oil and gas company’s stock worth $579,000 after buying an additional 35 shares during the period. 51.05% of the stock is currently owned by institutional investors and hedge funds.

In other Exxon Mobil news, VP Robert N. Schleckser sold 5,601 shares of the firm’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $83.93, for a total transaction of $470,091.93. Following the completion of the sale, the vice president now owns 187,663 shares in the company, valued at approximately $15,750,555.59. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Robert N. Schleckser sold 4,877 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $83.37, for a total value of $406,595.49. Following the sale, the vice president now owns 187,663 shares of the company’s stock, valued at approximately $15,645,464.31. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 51,357 shares of company stock worth $4,273,910. Company insiders own 0.08% of the company’s stock.

Shares of Exxon Mobil Co. (XOM) traded up $0.87 during trading hours on Thursday, hitting $86.93. The company had a trading volume of 14,370,000 shares, compared to its average volume of 11,200,000. The stock has a market cap of $368,330.00, a P/E ratio of 28.32, a P/E/G ratio of 1.42 and a beta of 0.82. 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 Co. has a 1-year low of $76.05 and a 1-year high of $87.41.

Exxon Mobil (NYSE:XOM) last announced its 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 business had revenue of $66.17 billion for the quarter, compared to the consensus estimate of $63.51 billion. Exxon Mobil had a return on equity of 8.21% and a net margin of 5.14%. During the same period last year, the business posted $0.63 EPS. equities research analysts expect that Exxon Mobil Co. will post 3.66 EPS for the current year.

Several research firms recently weighed in on XOM. Wells Fargo & Co set a $88.00 target price on Exxon Mobil and gave the stock a “neutral” rating in a research report on Thursday. BMO Capital Markets increased their target price on Exxon Mobil to $85.00 and gave the stock a “market perform” rating in a research report on Wednesday. Cowen reiterated a “buy” rating and set a $100.00 target price on shares of Exxon Mobil in a research report on Tuesday, September 19th. Jefferies Group set a $84.00 price objective on Exxon Mobil and gave the stock a “hold” rating in a report on Thursday, October 19th. Finally, Goldman Sachs Group set a $85.00 price objective on Exxon Mobil and gave the stock a “neutral” rating in a report on Tuesday, October 3rd. Six research analysts have rated the stock with a sell rating, fifteen have given a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $86.54.

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Exxon Mobil Company Profile

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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