Keyvantage Wealth LLC Acquires Shares of 5,206 Exxon Mobil Co. (NYSE:XOM)

Keyvantage Wealth LLC bought a new stake in Exxon Mobil Co. (NYSE:XOM - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 5,206 shares of the oil and gas company's stock, valued at approximately $560,000.

Other institutional investors have also recently made changes to their positions in the company. 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 valued at $1,743,000 after purchasing an additional 92 shares during the last quarter. Beacon Capital Management LLC grew its position in shares of Exxon Mobil by 1.1% in the fourth quarter. Beacon Capital Management LLC now owns 8,582 shares of the oil and gas company's stock valued at $923,000 after purchasing an additional 93 shares in the last quarter. Cadent Capital Advisors LLC raised its stake in shares of Exxon Mobil by 0.3% during the 4th quarter. Cadent Capital Advisors LLC now owns 37,372 shares of the oil and gas company's stock valued at $4,020,000 after purchasing an additional 94 shares during the period. Lincoln Capital LLC boosted its stake in Exxon Mobil by 1.1% in the 4th quarter. Lincoln Capital LLC now owns 8,521 shares of the oil and gas company's stock worth $917,000 after purchasing an additional 94 shares during the period. Finally, Altus Wealth Group LLC grew its holdings in Exxon Mobil by 0.9% during the 4th quarter. Altus Wealth Group LLC now owns 10,130 shares of the oil and gas company's stock valued at $1,090,000 after buying an additional 94 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company's stock.

Insider Buying and Selling

In other news, VP Darrin L. Talley sold 2,100 shares of the company's stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the completion of the sale, 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 this link. 0.03% of the stock is currently owned by insiders.

Exxon Mobil Stock Performance

XOM stock opened at $107.40 on Thursday. The stock has a market capitalization of $464.51 billion, a PE ratio of 13.70, a price-to-earnings-growth ratio of 3.02 and a beta of 0.61. The stock's 50 day simple moving average is $109.77 and its 200 day simple moving average is $112.48. Exxon Mobil Co. has a 12-month low of $97.80 and a 12-month high of $126.34. 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 (NYSE:XOM - Get Free Report) last issued its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing analysts' consensus estimates 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 business posted $2.48 earnings per share. As a group, research analysts forecast that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Wednesday, February 12th were given a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a yield of 3.69%. The ex-dividend date was Wednesday, February 12th. Exxon Mobil's dividend payout ratio (DPR) is presently 50.51%.

Analysts Set New Price Targets

XOM has been the topic of a number of research analyst reports. HSBC decreased their target price on Exxon Mobil from $125.00 to $123.00 and set a "hold" rating on the stock in a research note on Friday, January 31st. Morgan Stanley cut their price target on shares of Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating for the company in a research note on Thursday, March 27th. Wells Fargo & Company reduced their target price on Exxon Mobil from $136.00 to $135.00 and set an "overweight" rating on the stock in a research note on Monday, February 3rd. UBS Group cut their price objective on Exxon Mobil from $135.00 to $131.00 and set a "buy" rating for the company in a report on Monday, April 14th. Finally, Royal Bank of Canada reissued a "sector perform" rating and set a $115.00 price objective on shares of Exxon Mobil in a report on Monday, February 3rd. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Exxon Mobil presently has an average rating of "Moderate Buy" and an average price target of $126.50.

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.

Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exxon Mobil Co. (NYSE:XOM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.