Strategic Financial Concepts LLC Buys 14,513 Shares of Exxon Mobil Co. (NYSE:XOM)

Strategic Financial Concepts LLC raised its position in Exxon Mobil Co. (NYSE:XOM - Free Report) by 90.9% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 30,476 shares of the oil and gas company's stock after acquiring an additional 14,513 shares during the period. Strategic Financial Concepts LLC's holdings in Exxon Mobil were worth $3,278,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Vertex Planning Partners LLC lifted its holdings in shares of Exxon Mobil by 3.1% in the third quarter. Vertex Planning Partners LLC now owns 2,778 shares of the oil and gas company's stock valued at $326,000 after purchasing an additional 83 shares in the last quarter. First Heartland Consultants Inc. lifted its holdings in shares of Exxon Mobil by 0.9% in the third quarter. First Heartland Consultants Inc. now owns 9,451 shares of the oil and gas company's stock valued at $1,108,000 after purchasing an additional 87 shares in the last quarter. Latitude Advisors LLC lifted its holdings in shares of Exxon Mobil by 0.7% in the third quarter. Latitude Advisors LLC now owns 13,378 shares of the oil and gas company's stock valued at $1,568,000 after purchasing an additional 88 shares in the last quarter. Longfellow Investment Management Co. LLC lifted its holdings in Exxon Mobil by 0.6% during the third quarter. Longfellow Investment Management Co. LLC now owns 14,537 shares of the oil and gas company's stock worth $1,704,000 after acquiring an additional 88 shares during the period. Finally, West Oak Capital LLC lifted its holdings in Exxon Mobil by 0.6% during the fourth quarter. West Oak Capital LLC now owns 16,207 shares of the oil and gas company's stock worth $1,743,000 after acquiring an additional 92 shares during the period. Institutional investors and hedge funds own 61.80% of the company's stock.

Exxon Mobil Stock Performance

Shares of NYSE XOM traded down $1.33 during mid-day trading on Friday, hitting $110.67. The company had a trading volume of 14,676,984 shares, compared to its average volume of 15,010,274. Exxon Mobil Co. has a 1 year low of $102.88 and a 1 year high of $126.34. The stock's 50-day moving average price is $108.60 and its 200-day moving average price is $114.52. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $486.39 billion, a price-to-earnings ratio of 14.12, a P/E/G ratio of 2.97 and a beta of 0.89.

Exxon Mobil (NYSE:XOM - Get Free Report) last posted 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 return on equity of 12.92% and a net margin of 9.63%. During the same period in the previous year, the firm earned $2.48 EPS. On average, sell-side analysts forecast that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be given a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.58%. The ex-dividend date of this dividend is Wednesday, February 12th. Exxon Mobil's payout ratio is 50.51%.

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil 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 sale, the vice president now 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 document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.03% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on XOM shares. Wolfe Research lifted their price target on Exxon Mobil from $137.00 to $138.00 in a report on Thursday, October 31st. Wells Fargo & Company dropped their price target on Exxon Mobil from $136.00 to $135.00 and set an "overweight" rating on the stock in a report on Monday, February 3rd. UBS Group dropped their price target on Exxon Mobil from $149.00 to $147.00 and set a "buy" rating on the stock in a report on Thursday, December 12th. Mizuho dropped their price target on Exxon Mobil from $137.00 to $134.00 and set a "neutral" rating on the stock in a report on Monday, December 16th. Finally, Scotiabank dropped their price target on Exxon Mobil from $145.00 to $140.00 in a report on Friday, January 31st. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Exxon Mobil presently has a consensus rating of "Moderate Buy" and a consensus price target of $129.25.

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.