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

Traders sold shares of Exxon Mobil Co. (NYSE:XOM) on strength during trading on Friday. $141.03 million flowed into the stock on the tick-up and $282.25 million flowed out of the stock on the tick-down, for a money net flow of $141.22 million out of the stock. Of all equities tracked, Exxon Mobil had the 0th highest net out-flow for the day. Exxon Mobil traded up $1.67 for the day and closed at $77.53

Several research firms have issued reports on XOM. Morgan Stanley set a $90.00 price objective on Exxon Mobil and gave the stock a “sell” rating in a research note on Wednesday, January 24th. Credit Suisse Group set a $84.00 price objective on Exxon Mobil and gave the stock a “neutral” rating in a research note on Tuesday, January 23rd. HSBC set a $80.00 price objective on Exxon Mobil and gave the stock a “sell” rating in a research note on Thursday, January 18th. Goldman Sachs Group set a $92.00 price objective on Exxon Mobil and gave the stock a “neutral” rating in a research note on Monday, January 22nd. Finally, Zacks Investment Research upgraded Exxon Mobil from a “hold” rating to a “buy” rating and set a $98.00 price objective for the company in a research note on Saturday, January 13th. Seven analysts have rated the stock with a sell rating, fourteen have issued a hold rating, six have given a buy rating and two have assigned a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $86.98.

The stock has a market cap of $328,500.00, a price-to-earnings ratio of 24.00, a PEG ratio of 1.02 and a beta of 0.82. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.54 and a current ratio of 0.85.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, February 2nd. The oil and gas company reported $0.88 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.06 by ($0.18). The firm had revenue of $66.52 billion during the quarter, compared to the consensus estimate of $74.41 billion. Exxon Mobil had a net margin of 7.61% and a return on equity of 8.09%. Exxon Mobil’s revenue was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.41 EPS. equities analysts expect that Exxon Mobil Co. will post 4.85 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 9th. Investors of record on Monday, February 12th will be issued a $0.77 dividend. This represents a $3.08 annualized dividend and a yield of 3.97%. The ex-dividend date of this dividend is Friday, February 9th. Exxon Mobil’s dividend payout ratio is 95.36%.

In related news, VP Robert N. Schleckser sold 4,877 shares of the firm’s stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $83.37, for a total value of $406,595.49. Following the transaction, the vice president now owns 187,663 shares in the company, valued at $15,645,464.31. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Neil A. Chapman sold 12,000 shares of the firm’s stock in a transaction dated Thursday, December 14th. The shares were sold at an average price of $83.05, for a total value of $996,600.00. Following the completion of the transaction, the vice president now owns 291,385 shares in the company, 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 worth $4,273,910. 0.08% of the stock is owned by company insiders.

Institutional investors have recently bought and sold shares of the stock. Shell Asset Management Co. boosted its holdings in Exxon Mobil by 31.9% during the third quarter. Shell Asset Management Co. now owns 1,066,127 shares of the oil and gas company’s stock worth $100,269,000 after buying an additional 257,727 shares during the last quarter. Mizuho Securities USA LLC bought a new position in shares of Exxon Mobil during the 3rd quarter valued at about $1,255,000. Rockefeller Financial Services Inc. lifted its holdings in shares of Exxon Mobil by 15.5% during the 3rd quarter. Rockefeller Financial Services Inc. now owns 933,294 shares of the oil and gas company’s stock valued at $76,511,000 after purchasing an additional 125,501 shares in the last quarter. Toronto Dominion Bank lifted its holdings in shares of Exxon Mobil by 5.5% during the 3rd quarter. Toronto Dominion Bank now owns 1,817,503 shares of the oil and gas company’s stock valued at $148,994,000 after purchasing an additional 95,071 shares in the last quarter. Finally, West Coast Financial LLC lifted its holdings in shares of Exxon Mobil by 37.0% during the 3rd quarter. West Coast Financial LLC now owns 67,185 shares of the oil and gas company’s stock valued at $5,508,000 after purchasing an additional 18,133 shares in the last quarter. Institutional investors and hedge funds own 51.65% 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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