Kiltearn Partners LLP Has $7.82 Million Position in Exxon Mobil Co. (NYSE:XOM)

Kiltearn Partners LLP lessened its holdings in Exxon Mobil Co. (NYSE:XOM - Free Report) by 9.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 72,683 shares of the oil and gas company's stock after selling 7,700 shares during the quarter. Exxon Mobil comprises approximately 1.3% of Kiltearn Partners LLP's investment portfolio, making the stock its 28th largest holding. Kiltearn Partners LLP's holdings in Exxon Mobil were worth $7,819,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Norges Bank acquired a new position in Exxon Mobil during the fourth quarter worth $6,936,737,000. Rockbridge Investment Management LCC increased its stake in Exxon Mobil by 4.2% during the 4th quarter. Rockbridge Investment Management LCC now owns 4,978 shares of the oil and gas company's stock worth $535,000 after buying an additional 200 shares during the period. LM Advisors LLC boosted its holdings in Exxon Mobil by 11.1% in the fourth quarter. LM Advisors LLC now owns 8,184 shares of the oil and gas company's stock valued at $880,000 after purchasing an additional 819 shares during the period. Homestead Advisers Corp boosted its stake in shares of Exxon Mobil by 3.9% in the 4th quarter. Homestead Advisers Corp now owns 942,600 shares of the oil and gas company's stock valued at $101,395,000 after buying an additional 35,800 shares during the period. Finally, Loomis Sayles & Co. L P increased its position in shares of Exxon Mobil by 16.5% in the 4th quarter. Loomis Sayles & Co. L P now owns 129,817 shares of the oil and gas company's stock valued at $13,964,000 after purchasing an additional 18,341 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company's stock.

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Exxon Mobil Trading Down 0.2 %

Shares of XOM stock traded down $0.23 on Friday, reaching $117.66. 10,220,644 shares of the stock were exchanged, compared to its average volume of 15,706,266. The stock has a market cap of $510.53 billion, a PE ratio of 15.01, a P/E/G ratio of 3.02 and a beta of 0.83. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97. Exxon Mobil Co. has a one year low of $103.67 and a one year high of $126.34. The stock has a 50 day moving average price of $110.73 and a 200 day moving average price of $113.71.

Exxon Mobil (NYSE:XOM - Get Free Report) last posted its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share 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 quarter last year, the business earned $2.48 earnings per share. Equities research analysts forecast that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th were issued a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 3.37%. The ex-dividend date was Wednesday, February 12th. Exxon Mobil's payout ratio is presently 50.51%.

Analyst Ratings Changes

Several equities analysts have commented on XOM shares. UBS Group dropped their price target on shares of Exxon Mobil from $149.00 to $147.00 and set a "buy" rating on the stock in a research note on Thursday, December 12th. Barclays decreased their price target on Exxon Mobil from $137.00 to $135.00 and set an "overweight" rating for the company in a report on Tuesday, March 18th. TD Cowen dropped their target price on Exxon Mobil from $132.00 to $128.00 and set a "buy" rating on the stock in a research report on Monday, December 16th. Mizuho cut their price target on shares of Exxon Mobil from $137.00 to $134.00 and set a "neutral" rating for the company in a report on Monday, December 16th. Finally, Wells Fargo & Company reduced their price objective on Exxon Mobil from $136.00 to $135.00 and set an "overweight" rating for the company in a report on Monday, February 3rd. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $129.05.

Insider Buying and Selling at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction that occurred on Tuesday, February 4th. The shares were 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 approximately $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.03% of the company's stock.

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.