Exxon Mobil Co. (NYSE:XOM) Shares Sold by Guggenheim Capital LLC

Guggenheim Capital LLC reduced its holdings in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 4.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 439,526 shares of the oil and gas company's stock after selling 22,037 shares during the quarter. Guggenheim Capital LLC's holdings in Exxon Mobil were worth $47,280,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in XOM. Norges Bank acquired a new stake in Exxon Mobil during the fourth quarter worth approximately $6,936,737,000. Bank of New York Mellon Corp grew its position in shares of Exxon Mobil by 14.4% in the 4th quarter. Bank of New York Mellon Corp now owns 43,983,110 shares of the oil and gas company's stock valued at $4,731,263,000 after buying an additional 5,538,694 shares during the last quarter. Pacer Advisors Inc. raised its stake in Exxon Mobil by 1,524.1% during the 4th quarter. Pacer Advisors Inc. now owns 5,445,922 shares of the oil and gas company's stock worth $585,818,000 after acquiring an additional 5,110,603 shares in the last quarter. Franklin Resources Inc. lifted its position in Exxon Mobil by 16.3% in the third quarter. Franklin Resources Inc. now owns 31,522,556 shares of the oil and gas company's stock valued at $3,936,929,000 after acquiring an additional 4,415,012 shares during the last quarter. Finally, Proficio Capital Partners LLC boosted its stake in Exxon Mobil by 13,899.5% in the fourth quarter. Proficio Capital Partners LLC now owns 1,888,812 shares of the oil and gas company's stock valued at $1,963,000 after acquiring an additional 1,875,320 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company's stock.

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of the firm'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 trade represents a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.03% of the company's stock.

Exxon Mobil Stock Up 2.5 %

Shares of NYSE:XOM traded up $2.65 during midday trading on Friday, hitting $106.84. 17,830,092 shares of the company's stock traded hands, compared to its average volume of 15,979,540. Exxon Mobil Co. has a twelve month low of $97.80 and a twelve month high of $126.34. The company has a market cap of $462.12 billion, a PE ratio of 13.63, a P/E/G ratio of 3.02 and a beta of 0.61. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. The firm's fifty day moving average price is $109.92 and its two-hundred day moving average price is $112.90.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced 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 net margin of 9.63% and a return on equity of 12.92%. During the same period in the previous year, the company 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 business also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th were paid a dividend of $0.99 per share. 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 3.71%. Exxon Mobil's dividend payout ratio (DPR) is 50.51%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on XOM shares. UBS Group cut their target price on Exxon Mobil from $135.00 to $131.00 and set a "buy" rating on the stock in a research report on Monday. The Goldman Sachs Group cut their price target on Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating on the stock in a research report on Friday, January 31st. Morgan Stanley decreased their price objective on Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating for the company in a report on Thursday, March 27th. BMO Capital Markets cut their target price on shares of Exxon Mobil from $130.00 to $123.00 and set a "market perform" rating on the stock in a report on Friday, January 31st. Finally, HSBC decreased their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a "hold" rating for the company in a research note on Friday, January 31st. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $126.75.

Exxon Mobil Profile

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.