Parametrica Management Ltd Acquires Shares of 2,325 Exxon Mobil Co. (NYSE:XOM)

Parametrica Management Ltd acquired a new stake in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,325 shares of the oil and gas company's stock, valued at approximately $250,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in XOM. Principal Financial Group Inc. boosted its position in Exxon Mobil by 8.4% in the third quarter. Principal Financial Group Inc. now owns 6,709,202 shares of the oil and gas company's stock valued at $786,453,000 after buying an additional 521,932 shares in the last quarter. United Bank lifted its stake in shares of Exxon Mobil by 3.7% in the 3rd quarter. United Bank now owns 17,920 shares of the oil and gas company's stock valued at $2,101,000 after acquiring an additional 641 shares during the last quarter. Algert Global LLC acquired a new stake in shares of Exxon Mobil during the 3rd quarter valued at $2,262,000. Loomis Sayles & Co. L P grew its position in Exxon Mobil by 51.9% during the 3rd quarter. Loomis Sayles & Co. L P now owns 111,476 shares of the oil and gas company's stock worth $13,067,000 after acquiring an additional 38,104 shares during the last quarter. Finally, Truvestments Capital LLC raised its position in Exxon Mobil by 28.9% in the third quarter. Truvestments Capital LLC now owns 3,947 shares of the oil and gas company's stock valued at $463,000 after purchasing an additional 884 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors.

Insider Activity

In other Exxon Mobil 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 approximately $1,989,570. This trade represents a 10.40 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.03% of the company's stock.

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Exxon Mobil Trading Down 0.3 %

Shares of NYSE:XOM traded down $0.30 during mid-day trading on Friday, hitting $117.59. The company had a trading volume of 5,472,377 shares, compared to its average volume of 15,699,579. The company has a market capitalization of $510.23 billion, a PE ratio of 14.99, a price-to-earnings-growth ratio of 3.02 and a beta of 0.83. Exxon Mobil Co. has a one year low of $103.67 and a one year high of $126.34. The firm has a fifty day moving average price of $110.63 and a 200 day moving average price of $113.67. 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 (NYSE:XOM - Get Free Report) last announced its quarterly earnings data 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 quarter last year, the business posted $2.48 EPS. As a group, research analysts forecast that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on XOM. Piper Sandler reduced their price target on Exxon Mobil from $138.00 to $127.00 and set an "overweight" rating on the stock in a report on Thursday, December 19th. Bernstein Bank boosted their target price on shares of Exxon Mobil from $138.00 to $144.00 and gave the stock an "overweight" rating in a report on Friday, January 31st. The Goldman Sachs Group dropped their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating for the company in a research note on Friday, January 31st. HSBC reduced their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a "hold" rating on the stock in a research note on Friday, January 31st. Finally, Morgan Stanley lowered their target price on Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating for the company in a research report on Thursday. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $129.05.

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.