Frederick Financial Consultants LLC Takes $357,000 Position in Exxon Mobil Co. (NYSE:XOM)

Frederick Financial Consultants LLC purchased a new stake in Exxon Mobil Co. (NYSE:XOM - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 3,320 shares of the oil and gas company's stock, valued at approximately $357,000.

Several other large investors also recently bought and sold shares of XOM. Holcombe Financial Inc. purchased a new position in shares of Exxon Mobil during the 4th quarter worth approximately $1,123,000. Commerce Bank grew its stake in shares of Exxon Mobil by 1.0% during the 4th quarter. Commerce Bank now owns 1,521,139 shares of the oil and gas company's stock worth $163,629,000 after purchasing an additional 14,901 shares during the period. Alpha DNA Investment Management LLC lifted its stake in shares of Exxon Mobil by 62.1% in the fourth quarter. Alpha DNA Investment Management LLC now owns 22,168 shares of the oil and gas company's stock valued at $2,385,000 after purchasing an additional 8,489 shares during the period. Canada Pension Plan Investment Board grew its position in Exxon Mobil by 39.3% during the fourth quarter. Canada Pension Plan Investment Board now owns 2,998,459 shares of the oil and gas company's stock worth $322,544,000 after buying an additional 845,619 shares during the period. Finally, GKV Capital Management Co. Inc. acquired a new stake in shares of Exxon Mobil during the 4th quarter valued at approximately $2,430,000. Institutional investors and hedge funds own 61.80% of the company's stock.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the company's stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the sale, the vice president now owns 18,087 shares in the company, valued at $1,989,570. This represents a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.03% of the company's stock.

Analysts Set New Price Targets

XOM has been the topic of a number of research analyst reports. Wells Fargo & Company decreased their target price on Exxon Mobil from $136.00 to $135.00 and set an "overweight" rating on the stock in a research report on Monday, February 3rd. Mizuho lowered their target price on shares of Exxon Mobil from $131.00 to $129.00 and set a "neutral" rating for the company in a research note on Thursday, April 3rd. Argus raised Exxon Mobil to a "strong-buy" rating in a research note on Tuesday, February 4th. Scotiabank lowered their price objective on Exxon Mobil from $140.00 to $115.00 and set a "sector outperform" rating for the company in a research report on Friday, April 11th. Finally, Morgan Stanley reduced their target price on Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating on the stock in a research report on Thursday, March 27th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have issued 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 a consensus price target of $126.75.

Exxon Mobil Stock Up 3.0 %

NYSE XOM traded up $3.12 on Tuesday, reaching $108.47. The company had a trading volume of 3,959,557 shares, compared to its average volume of 15,922,748. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97. Exxon Mobil Co. has a 1 year low of $97.80 and a 1 year high of $126.34. The firm has a 50-day moving average of $109.78 and a 200-day moving average of $112.54. The firm has a market capitalization of $469.18 billion, a PE ratio of 13.84, a P/E/G ratio of 3.02 and a beta of 0.61.

Exxon Mobil (NYSE:XOM - Get Free Report) last released its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing analysts' consensus estimates 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 last year, the business earned $2.48 EPS. On average, equities research analysts anticipate that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

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

About Exxon Mobil

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.