Exxon Mobil Co. (NYSE:XOM) Shares Acquired by Harbert Fund Advisors Inc.

Harbert Fund Advisors Inc. increased its position in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 79.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,950 shares of the oil and gas company's stock after purchasing an additional 3,950 shares during the period. Harbert Fund Advisors Inc.'s holdings in Exxon Mobil were worth $963,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rockline Wealth Management LLC raised its holdings in shares of Exxon Mobil by 6.1% in the 4th quarter. Rockline Wealth Management LLC now owns 25,918 shares of the oil and gas company's stock valued at $2,788,000 after buying an additional 1,498 shares during the period. Renasant Bank increased its stake in Exxon Mobil by 5.0% during the 4th quarter. Renasant Bank now owns 10,369 shares of the oil and gas company's stock worth $1,115,000 after buying an additional 493 shares during the period. Helen Stephens Group LLC boosted its position in Exxon Mobil by 7.3% in the 4th quarter. Helen Stephens Group LLC now owns 41,637 shares of the oil and gas company's stock valued at $4,479,000 after buying an additional 2,825 shares during the period. Hartford Funds Management Co LLC purchased a new stake in shares of Exxon Mobil during the fourth quarter worth $543,000. Finally, Czech National Bank raised its stake in shares of Exxon Mobil by 5.3% in the fourth quarter. Czech National Bank now owns 952,944 shares of the oil and gas company's stock valued at $102,508,000 after acquiring an additional 47,893 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

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Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil 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 of the company's stock, valued at $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.03% of the stock is owned by company insiders.

Exxon Mobil Price Performance

Shares of NYSE XOM traded up $3.12 during trading on Friday, reaching $103.05. The company had a trading volume of 22,869,206 shares, compared to its average volume of 16,005,429. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. Exxon Mobil Co. has a twelve month low of $97.80 and a twelve month high of $126.34. The stock has a 50-day moving average price of $110.33 and a two-hundred day moving average price of $113.19. The stock has a market capitalization of $445.70 billion, a PE ratio of 13.14, a price-to-earnings-growth ratio of 3.02 and a beta of 0.61.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its 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 last year, the company posted $2.48 earnings per share. As a group, sell-side analysts predict that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th were paid a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 3.84%. The ex-dividend date of this dividend was Wednesday, February 12th. Exxon Mobil's payout ratio is 50.51%.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. HSBC cut their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a "hold" rating on the stock in a research note on Friday, January 31st. JPMorgan Chase & Co. decreased their price objective on shares of Exxon Mobil from $130.00 to $125.00 and set an "overweight" rating for the company in a research report on Monday, December 16th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $115.00 price target on shares of Exxon Mobil in a report on Monday, February 3rd. Barclays cut their target price on Exxon Mobil from $137.00 to $135.00 and set an "overweight" rating on the stock in a research report on Tuesday, March 18th. Finally, Morgan Stanley cut their price objective on shares of Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating on the stock in a report on Thursday, March 27th. One equities research 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 stock. According to MarketBeat, Exxon Mobil presently has an average rating of "Moderate Buy" and an average price target of $126.95.

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.