Kera Capital Partners Inc. Takes $354,000 Position in Exxon Mobil Co. (NYSE:XOM)

Kera Capital Partners Inc. bought a new position in Exxon Mobil Co. (NYSE:XOM - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 3,289 shares of the oil and gas company's stock, valued at approximately $354,000.

Other institutional investors have also recently modified their holdings of the company. Fairscale Capital LLC purchased a new position in shares of Exxon Mobil in the second quarter worth $39,000. Hershey Financial Advisers LLC bought a new stake in Exxon Mobil in the 2nd quarter worth about $46,000. Retirement Wealth Solutions LLC purchased a new stake in shares of Exxon Mobil during the 4th quarter valued at about $46,000. Peterson Financial Group Inc. bought a new stake in shares of Exxon Mobil in the third quarter worth approximately $51,000. Finally, Highline Wealth Partners LLC purchased a new stake in Exxon Mobil in the third quarter worth approximately $54,000. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Price Performance

Shares of XOM stock traded up $1.05 during trading hours on Monday, hitting $112.37. The stock had a trading volume of 19,228,798 shares, compared to its average volume of 13,346,318. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01. Exxon Mobil Co. has a one year low of $95.77 and a one year high of $126.34. The stock's 50-day moving average price is $112.56 and its two-hundred day moving average price is $115.51. The stock has a market capitalization of $493.89 billion, a price-to-earnings ratio of 13.99, a PEG ratio of 2.70 and a beta of 0.91.

Exxon Mobil (NYSE:XOM - Get Free Report) last posted its earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, beating analysts' consensus estimates of $1.91 by $0.01. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The firm had revenue of $90.02 billion during the quarter, compared to analyst estimates of $93.98 billion. During the same period last year, the firm posted $2.27 earnings per share. Exxon Mobil's revenue for the quarter was down .8% compared to the same quarter last year. Equities analysts forecast that Exxon Mobil Co. will post 7.86 EPS for the current year.

Exxon Mobil Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th were given a dividend of $0.99 per share. The ex-dividend date was Thursday, November 14th. This represents a $3.96 annualized dividend and a dividend yield of 3.52%. This is an increase from Exxon Mobil's previous quarterly dividend of $0.95. Exxon Mobil's payout ratio is currently 49.32%.

Wall Street Analyst Weigh In

Several analysts recently commented on XOM shares. Bank of America started coverage on Exxon Mobil in a report on Thursday, October 17th. They issued a "neutral" rating and a $124.00 price objective for the company. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $115.00 price target on shares of Exxon Mobil in a research report on Thursday, December 12th. Piper Sandler cut their target price on shares of Exxon Mobil from $138.00 to $127.00 and set an "overweight" rating for the company in a research report on Thursday, December 19th. TD Cowen reduced their price target on Exxon Mobil from $132.00 to $128.00 and set a "buy" rating for the company in a research report on Monday, December 16th. Finally, BNP Paribas cut Exxon Mobil from a "neutral" rating to an "underperform" rating and set a $105.00 price objective on the stock. in a research report on Wednesday, October 9th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Exxon Mobil has an average rating of "Moderate Buy" and an average target price of $128.84.

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.