Traders Sell Exxon Mobil (XOM) on Strength (XOM)

Traders sold shares of Exxon Mobil Co. (NYSE:XOM) on strength during trading on Wednesday. $129.36 million flowed into the stock on the tick-up and $396.70 million flowed out of the stock on the tick-down, for a money net flow of $267.34 million out of the stock. Of all companies tracked, Exxon Mobil had the 6th highest net out-flow for the day. Exxon Mobil traded up $0.52 for the day and closed at $87.30

Several analysts have issued reports on XOM shares. Wells Fargo & Co set a $88.00 price target on Exxon Mobil and gave the company a “neutral” rating in a report on Thursday, January 11th. Vetr lowered Exxon Mobil from a “buy” rating to a “hold” rating and set a $85.17 price target for the company. in a report on Friday, October 6th. Zacks Investment Research raised Exxon Mobil from a “hold” rating to a “buy” rating and set a $98.00 price target for the company in a report on Saturday, January 13th. Royal Bank of Canada reissued a “sector perform” rating on shares of Exxon Mobil in a report on Friday, November 24th. Finally, Barclays reissued an “overweight” rating and set a $94.00 price target (up previously from $91.00) on shares of Exxon Mobil in a report on Friday, October 13th. Seven research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, seven have issued a buy rating and two have given a strong buy rating to the stock. Exxon Mobil presently has an average rating of “Hold” and an average target price of $87.06.

The firm has a market capitalization of $369,900.00, a P/E ratio of 28.44, a price-to-earnings-growth ratio of 1.26 and a beta of 0.82. The company has a quick ratio of 0.54, a current ratio of 0.85 and a debt-to-equity ratio of 0.13.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 9th. Stockholders of record on Monday, February 12th will be paid a $0.77 dividend. This represents a $3.08 dividend on an annualized basis and a dividend yield of 3.53%. Exxon Mobil’s dividend payout ratio (DPR) is 100.33%.

In related news, VP Robert N. Schleckser sold 5,601 shares of the business’s stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $83.93, for a total value of $470,091.93. Following the sale, the vice president now directly owns 187,663 shares in the company, valued at $15,750,555.59. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Bradley W. Corson sold 19,500 shares of the business’s stock in a transaction dated Monday, December 11th. The stock was 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 $19,073,539.74. The disclosure for this sale can be found here. In the last ninety days, insiders sold 51,357 shares of company stock valued at $4,273,910. Corporate insiders own 0.08% of the company’s stock.

Several large investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in Exxon Mobil by 3.5% during 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 purchasing an additional 10,366,636 shares during the period. Capital Research Global Investors raised its position in Exxon Mobil by 7.0% during the second quarter. Capital Research Global Investors now owns 31,570,269 shares of the oil and gas company’s stock valued at $2,548,668,000 after purchasing an additional 2,058,060 shares during the period. Dimensional Fund Advisors LP raised its position in Exxon Mobil by 6.1% during the third quarter. Dimensional Fund Advisors LP now owns 27,892,268 shares of the oil and gas company’s stock valued at $2,286,658,000 after purchasing an additional 1,595,027 shares during the period. Legal & General Group Plc raised its holdings in shares of Exxon Mobil by 1.6% in the third quarter. Legal & General Group Plc now owns 23,551,940 shares of the oil and gas company’s stock worth $1,930,784,000 after buying an additional 360,596 shares during the period. Finally, Schwab Charles Investment Management Inc. raised its holdings in shares of Exxon Mobil by 6.1% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 22,716,523 shares of the oil and gas company’s stock worth $1,899,993,000 after buying an additional 1,314,210 shares during the period. Institutional investors own 51.18% of the company’s stock.

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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.

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