Exxon Mobil Co. (XOM) Shares Sold by Locust Wood Capital Advisers LLC

Locust Wood Capital Advisers LLC lowered its position in Exxon Mobil Co. (NYSE:XOM) by 5.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 32,943 shares of the oil and gas company’s stock after selling 1,805 shares during the quarter. Locust Wood Capital Advisers LLC’s holdings in Exxon Mobil were worth $2,701,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in XOM. Vanguard Group Inc. boosted its holdings in shares of Exxon Mobil by 3.5% in the second quarter. Vanguard Group Inc. now owns 309,411,379 shares of the oil and gas company’s stock valued at $24,978,780,000 after acquiring an additional 10,366,636 shares in the last quarter. First Eagle Investment Management LLC boosted its holdings in shares of Exxon Mobil by 136,463.4% in the second quarter. First Eagle Investment Management LLC now owns 7,139,533 shares of the oil and gas company’s stock valued at $576,374,000 after acquiring an additional 7,134,305 shares in the last quarter. Harbour Capital Advisors LLC boosted its holdings in shares of Exxon Mobil by 8,029.5% in the second quarter. Harbour Capital Advisors LLC now owns 3,741,755 shares of the oil and gas company’s stock valued at $46,349,000 after acquiring an additional 3,695,728 shares in the last quarter. APG Asset Management N.V. boosted its holdings in shares of Exxon Mobil by 22.7% in the second quarter. APG Asset Management N.V. now owns 11,272,171 shares of the oil and gas company’s stock valued at $910,002,000 after acquiring an additional 2,088,263 shares in the last quarter. Finally, Janus Henderson Group PLC boosted its holdings in shares of Exxon Mobil by 365.5% in the second quarter. Janus Henderson Group PLC now owns 2,658,225 shares of the oil and gas company’s stock valued at $214,591,000 after acquiring an additional 2,087,165 shares in the last quarter. Institutional investors own 51.05% of the company’s stock.

Several research analysts have recently issued reports on XOM shares. Vetr cut shares of Exxon Mobil from a “buy” rating to a “hold” rating and set a $85.17 price objective for the company. in a report on Friday, October 6th. Royal Bank of Canada reiterated a “sector perform” rating on shares of Exxon Mobil in a report on Friday, November 24th. Morgan Stanley restated an “underperform” rating on shares of Exxon Mobil in a report on Thursday, October 19th. Barclays restated an “overweight” rating and set a $94.00 target price (up from $91.00) on shares of Exxon Mobil in a report on Friday, October 13th. Finally, BNP Paribas set a $70.00 target price on shares of Exxon Mobil and gave the stock a “sell” rating in a report on Monday, September 25th. Six research analysts have rated the stock with a sell rating, fourteen have issued a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $86.74.

Exxon Mobil Co. (NYSE:XOM) traded up $0.59 during mid-day trading on Friday, reaching $87.52. 9,804,900 shares of the company’s stock were exchanged, compared to its average volume of 11,350,000. Exxon Mobil Co. has a 12 month low of $76.05 and a 12 month high of $87.99. The company has a current ratio of 0.85, a quick ratio of 0.54 and a debt-to-equity ratio of 0.13. The stock has a market cap of $370,830.00, a P/E ratio of 28.51, a price-to-earnings-growth ratio of 1.36 and a beta of 0.82.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, October 27th. The oil and gas company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.04. Exxon Mobil had a net margin of 5.14% and a return on equity of 8.21%. The company had revenue of $66.17 billion during the quarter, compared to the consensus estimate of $63.51 billion. During the same quarter in the prior year, the firm earned $0.63 EPS. analysts expect that Exxon Mobil Co. will post 3.68 EPS for the current fiscal year.

In other Exxon Mobil news, VP Bradley W. Corson sold 19,500 shares of the stock in a transaction that occurred on Monday, December 11th. The shares were sold at an average price of $83.01, for a total value of $1,618,695.00. Following the completion of the sale, the vice president now owns 229,774 shares in the company, valued at approximately $19,073,539.74. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Neil A. Chapman sold 12,000 shares of the stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $83.05, for a total transaction of $996,600.00. Following the completion of the sale, the vice president now owns 291,385 shares of the company’s stock, valued at approximately $24,199,524.25. The disclosure for this sale can be found here. In the last quarter, insiders sold 51,357 shares of company stock valued at $4,273,910. Insiders own 0.08% of the company’s stock.

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Exxon Mobil 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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