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2,400 Shares in Exxon Mobil Co. (NYSE:XOM) Bought by Marshall & Sterling Wealth Advisors Inc.

Exxon Mobil logo with Energy background

Marshall & Sterling Wealth Advisors Inc. bought a new stake in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 2,400 shares of the oil and gas company's stock, valued at approximately $258,000.

A number of other large investors have also added to or reduced their stakes in XOM. Public Employees Retirement Association of Colorado grew its holdings in shares of Exxon Mobil by 46.7% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 2,911,118 shares of the oil and gas company's stock worth $313,149,000 after acquiring an additional 926,241 shares during the period. Quarry LP raised its position in shares of Exxon Mobil by 123.8% during the fourth quarter. Quarry LP now owns 998 shares of the oil and gas company's stock valued at $107,000 after buying an additional 552 shares during the last quarter. Mendel Capital Management LLC boosted its position in shares of Exxon Mobil by 4.3% during the fourth quarter. Mendel Capital Management LLC now owns 2,496 shares of the oil and gas company's stock worth $269,000 after acquiring an additional 103 shares during the last quarter. Mission Creek Capital Partners Inc. grew its stake in Exxon Mobil by 41.4% during the fourth quarter. Mission Creek Capital Partners Inc. now owns 33,298 shares of the oil and gas company's stock valued at $3,582,000 after acquiring an additional 9,756 shares in the last quarter. Finally, Berger Financial Group Inc increased its holdings in Exxon Mobil by 4.9% in the 4th quarter. Berger Financial Group Inc now owns 17,122 shares of the oil and gas company's stock valued at $1,842,000 after acquiring an additional 803 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company's stock.

Exxon Mobil Trading Down 0.0 %

Shares of XOM opened at $108.61 on Monday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97. The firm has a market capitalization of $469.77 billion, a price-to-earnings ratio of 13.85, a PEG ratio of 3.02 and a beta of 0.61. The company has a 50-day moving average of $109.75 and a 200 day moving average of $112.13. Exxon Mobil Co. has a 1-year low of $97.80 and a 1-year high of $126.34.

Exxon Mobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same quarter in the prior year, the company posted $2.48 EPS. On average, research analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Wednesday, February 12th were issued a $0.99 dividend. The ex-dividend date was Wednesday, February 12th. This represents a $3.96 annualized dividend and a dividend yield of 3.65%. Exxon Mobil's payout ratio is currently 50.51%.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Royal Bank of Canada restated a "sector perform" rating and set a $115.00 price objective on shares of Exxon Mobil in a research report on Monday, February 3rd. HSBC reduced their price objective on Exxon Mobil from $125.00 to $123.00 and set a "hold" rating on the stock in a research note on Friday, January 31st. UBS Group lowered their target price on Exxon Mobil from $135.00 to $131.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Morgan Stanley decreased their price target on shares of Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating on the stock in a research note on Thursday, March 27th. Finally, Mizuho lowered their price objective on shares of Exxon Mobil from $131.00 to $129.00 and set a "neutral" rating for the company in a research report on Thursday, April 3rd. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, Exxon Mobil presently has a consensus rating of "Moderate Buy" and an average price target of $126.50.

View Our Latest Report on Exxon Mobil

Insiders Place Their Bets

In other news, VP Darrin L. Talley sold 2,100 shares of the stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the transaction, the vice president now directly owns 18,087 shares in the company, valued at approximately $1,989,570. This trade represents a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.03% of the stock is owned by company insiders.

Exxon Mobil Company Profile

(Free Report)

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.

Further Reading

Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exxon Mobil Co. (NYSE:XOM - Free Report).

Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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