Moment Partners LLC Invests $464,000 in Exxon Mobil Co. (NYSE:XOM)

Moment Partners LLC bought a new position in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 4,317 shares of the oil and gas company's stock, valued at approximately $464,000.

Several other large investors have also recently bought and sold shares of XOM. Sava Infond d.o.o. acquired a new position in Exxon Mobil in the 4th quarter valued at approximately $3,152,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Exxon Mobil by 8.1% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 7,041,759 shares of the oil and gas company's stock valued at $759,524,000 after purchasing an additional 527,002 shares during the period. Foundation Wealth Management LLC PA acquired a new position in shares of Exxon Mobil in the fourth quarter valued at $295,000. Cottage Street Advisors LLC lifted its position in Exxon Mobil by 6.6% in the fourth quarter. Cottage Street Advisors LLC now owns 3,315 shares of the oil and gas company's stock worth $357,000 after purchasing an additional 204 shares during the period. Finally, Tyler Stone Wealth Management boosted its stake in Exxon Mobil by 3.7% during the fourth quarter. Tyler Stone Wealth Management now owns 62,149 shares of the oil and gas company's stock worth $6,685,000 after buying an additional 2,206 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. HSBC reduced their price objective 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. Mizuho cut their price target on shares of Exxon Mobil from $137.00 to $134.00 and set a "neutral" rating for the company in a research note on Monday, December 16th. BMO Capital Markets lowered their price objective on Exxon Mobil from $130.00 to $123.00 and set a "market perform" rating on the stock in a research note on Friday, January 31st. JPMorgan Chase & Co. cut their target price on Exxon Mobil from $130.00 to $125.00 and set an "overweight" rating for the company in a research report on Monday, December 16th. Finally, The Goldman Sachs Group decreased their price target on Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating on the stock in a research note on Friday, January 31st. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Exxon Mobil currently has an average rating of "Moderate Buy" and an average price target of $129.05.

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Exxon Mobil Trading Down 0.2 %

Shares of NYSE XOM traded down $0.23 during midday trading on Friday, hitting $117.66. The stock had a trading volume of 10,220,644 shares, compared to its average volume of 15,706,266. The firm has a market cap of $510.53 billion, a P/E ratio of 15.01, a price-to-earnings-growth ratio of 3.02 and a beta of 0.83. Exxon Mobil Co. has a fifty-two week low of $103.67 and a fifty-two week high of $126.34. 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 company's 50-day simple moving average is $110.73 and its 200 day simple moving average is $113.69.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing analysts' consensus estimates of $1.77 by ($0.10). Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. During the same period last year, the business earned $2.48 earnings per share. Research analysts anticipate that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

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

Insider Buying and Selling at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,100 shares of the business's stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the transaction, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.03% of the company's stock.

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.