MSH Capital Advisors LLC Makes New $3.72 Million Investment in Exxon Mobil Co. (NYSE:XOM)

MSH Capital Advisors LLC acquired a new stake in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 34,608 shares of the oil and gas company's stock, valued at approximately $3,723,000. Exxon Mobil comprises about 1.2% of MSH Capital Advisors LLC's holdings, making the stock its 22nd largest holding.

A number of other hedge funds have also bought and sold shares of XOM. Fairway Wealth LLC purchased a new position in Exxon Mobil in the fourth quarter worth about $31,000. Keystone Financial Group Inc. bought a new stake in Exxon Mobil during the fourth quarter valued at approximately $36,000. Retirement Wealth Solutions LLC purchased a new stake in Exxon Mobil during the fourth quarter valued at approximately $46,000. Compass Planning Associates Inc bought a new position in Exxon Mobil in the fourth quarter worth approximately $47,000. Finally, Synergy Investment Management LLC purchased a new position in shares of Exxon Mobil during the 4th quarter worth $47,000. Hedge funds and other institutional investors own 61.80% of the company's stock.

Analysts Set New Price Targets

XOM has been the subject of several recent research reports. Wells Fargo & Company cut their price target on Exxon Mobil from $136.00 to $135.00 and set an "overweight" rating for the company in a report on Monday, February 3rd. The Goldman Sachs Group decreased their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating on the stock in a research report on Friday, January 31st. Barclays reduced their price objective on shares of Exxon Mobil from $137.00 to $135.00 and set an "overweight" rating on the stock in a research report on Tuesday, March 18th. Argus raised shares of Exxon Mobil to a "strong-buy" rating in a research note on Tuesday, February 4th. Finally, Mizuho decreased their price target on shares of Exxon Mobil from $131.00 to $129.00 and set a "neutral" rating on the stock in a research note on Thursday, April 3rd. One equities 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. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $126.75.

Exxon Mobil Trading Up 2.5 %

Exxon Mobil stock traded up $2.65 during trading on Friday, hitting $106.84. The company had a trading volume of 17,830,092 shares, compared to its average volume of 15,988,172. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. The company's 50 day simple moving average is $109.92 and its 200-day simple moving average is $112.90. Exxon Mobil Co. has a 1-year low of $97.80 and a 1-year high of $126.34. The stock has a market cap of $462.12 billion, a price-to-earnings ratio of 13.63, a price-to-earnings-growth ratio of 3.02 and a beta of 0.61.

Exxon Mobil (NYSE:XOM - Get Free Report) last released 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 net margin of 9.63% and a return on equity of 12.92%. During the same period last year, the company earned $2.48 earnings per share. As a group, analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Wednesday, February 12th were paid a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.71%. The ex-dividend date was Wednesday, February 12th. Exxon Mobil's payout ratio is 50.51%.

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 dated Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total value of $231,000.00. Following the sale, the vice president now owns 18,087 shares of the company's stock, valued at $1,989,570. This represents a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.03% of the stock is owned by corporate insiders.

Exxon Mobil Company 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.