Graney & King LLC Invests $259,000 in Exxon Mobil Co. (NYSE:XOM)

Graney & King LLC bought a new stake in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,409 shares of the oil and gas company's stock, valued at approximately $259,000.

A number of other large investors also recently added to or reduced their stakes in the business. Parametrica Management Ltd bought a new stake in Exxon Mobil in the fourth quarter valued at approximately $250,000. Core Wealth Partners LLC raised its holdings in Exxon Mobil by 18.7% during the 4th quarter. Core Wealth Partners LLC now owns 20,259 shares of the oil and gas company's stock valued at $2,179,000 after buying an additional 3,193 shares during the last quarter. Ausdal Financial Partners Inc. boosted its position in Exxon Mobil by 16.5% during the 4th quarter. Ausdal Financial Partners Inc. now owns 31,665 shares of the oil and gas company's stock valued at $3,406,000 after buying an additional 4,480 shares during the period. Financial Engines Advisors L.L.C. grew its holdings in Exxon Mobil by 59.3% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 14,896 shares of the oil and gas company's stock worth $1,602,000 after acquiring an additional 5,543 shares during the last quarter. Finally, Financial Counselors Inc. increased its position in shares of Exxon Mobil by 1.4% in the fourth quarter. Financial Counselors Inc. now owns 597,403 shares of the oil and gas company's stock valued at $64,263,000 after acquiring an additional 8,400 shares during the period. Hedge funds and other institutional investors own 61.80% of the company's stock.

Exxon Mobil Stock Down 0.3 %

Shares of NYSE:XOM traded down $0.31 during trading on Friday, reaching $117.59. 5,472,377 shares of the stock traded hands, compared to its average volume of 15,699,665. The stock has a market cap of $510.22 billion, a P/E ratio of 14.99, a price-to-earnings-growth ratio of 3.02 and a beta of 0.83. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. The stock has a 50-day moving average of $110.63 and a two-hundred day moving average of $113.67. Exxon Mobil Co. has a 52-week low of $103.67 and a 52-week high of $126.34.

Remove Ads

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its earnings results on Friday, January 31st. The oil and gas company reported $1.67 EPS 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 period in the previous year, the company earned $2.48 EPS. As a group, sell-side analysts expect that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th were given a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 3.37%. The ex-dividend date of this dividend was Wednesday, February 12th. Exxon Mobil's dividend payout ratio (DPR) is 50.51%.

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the business's stock in a transaction 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 completion of the sale, the vice president now directly owns 18,087 shares in the company, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.03% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on XOM. HSBC dropped their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a "hold" rating for the company in a report on Friday, January 31st. Scotiabank cut their price objective on Exxon Mobil from $145.00 to $140.00 in a research report on Friday, January 31st. Morgan Stanley decreased their target price on Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating for the company in a report on Thursday. Bernstein Bank raised their price target on Exxon Mobil from $138.00 to $144.00 and gave the stock an "overweight" rating in a research note on Friday, January 31st. Finally, Argus raised shares of Exxon Mobil to a "strong-buy" rating in a research report on Tuesday, February 4th. 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 data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $129.05.

Exxon Mobil Company Profile

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.