Exxon Mobil Co. (NYSE:XOM) Shares Sold by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. lessened its stake in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 40.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,550 shares of the oil and gas company's stock after selling 2,410 shares during the period. Hillsdale Investment Management Inc.'s holdings in Exxon Mobil were worth $382,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Principal Financial Group Inc. increased its stake in Exxon Mobil by 8.4% in the third quarter. Principal Financial Group Inc. now owns 6,709,202 shares of the oil and gas company's stock worth $786,453,000 after purchasing an additional 521,932 shares during the period. United Bank grew its holdings in shares of Exxon Mobil by 3.7% in the third quarter. United Bank now owns 17,920 shares of the oil and gas company's stock worth $2,101,000 after purchasing an additional 641 shares during the last quarter. Eagle Asset Management Inc. lifted its holdings in Exxon Mobil by 3.2% during the 3rd quarter. Eagle Asset Management Inc. now owns 61,484 shares of the oil and gas company's stock valued at $7,446,000 after buying an additional 1,935 shares in the last quarter. Algert Global LLC bought a new stake in Exxon Mobil during the 3rd quarter valued at about $2,262,000. Finally, Fisher Asset Management LLC increased its position in shares of Exxon Mobil by 3.4% during the third quarter. Fisher Asset Management LLC now owns 29,197,557 shares of the oil and gas company's stock worth $3,422,538,000 after acquiring an additional 949,875 shares during the period. Hedge funds and other institutional investors own 61.80% of the company's stock.

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Exxon Mobil Price Performance

Shares of Exxon Mobil stock traded up $0.81 during mid-day trading on Tuesday, reaching $116.61. 12,080,693 shares of the stock traded hands, compared to its average volume of 14,963,363. The stock has a market capitalization of $505.99 billion, a PE ratio of 14.87, a PEG ratio of 3.02 and a beta of 0.83. The business has a 50-day moving average of $110.22 and a 200 day moving average of $113.58. 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 quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

Exxon Mobil (NYSE:XOM - Get Free Report) last released 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 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. On average, analysts predict that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th were given a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 3.40%. The ex-dividend date was Wednesday, February 12th. Exxon Mobil's payout ratio is presently 50.51%.

Analyst Upgrades and Downgrades

XOM has been the topic of a number of recent research reports. Scotiabank dropped their price target on Exxon Mobil from $145.00 to $140.00 in a research report on Friday, January 31st. Argus upgraded shares of Exxon Mobil to a "strong-buy" rating in a report on Tuesday, February 4th. TD Cowen reduced their price target on shares of Exxon Mobil from $132.00 to $128.00 and set a "buy" rating for the company in a report on Monday, December 16th. HSBC dropped their price objective 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. Finally, UBS Group reduced their price target on Exxon Mobil from $149.00 to $147.00 and set a "buy" rating for the company in a research report on Thursday, December 12th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, Exxon Mobil has a consensus rating of "Moderate Buy" and an average target price of $129.15.

Insider Activity at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the company's stock in a transaction 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 transaction, the vice president now directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.03% of the stock is currently owned by insiders.

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.