Secured Retirement Advisors LLC Has $1.07 Million Holdings in Exxon Mobil Co. (NYSE:XOM)

Secured Retirement Advisors LLC grew its position in Exxon Mobil Co. (NYSE:XOM - Free Report) by 207.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,927 shares of the oil and gas company's stock after purchasing an additional 6,696 shares during the period. Secured Retirement Advisors LLC's holdings in Exxon Mobil were worth $1,068,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in XOM. Keystone Financial Group Inc. acquired a new position in Exxon Mobil during the 4th quarter worth about $36,000. Retirement Wealth Solutions LLC acquired a new position in Exxon Mobil during the 4th quarter worth about $46,000. Compass Financial Services Inc acquired a new position in Exxon Mobil during the 4th quarter worth about $48,000. Peterson Financial Group Inc. acquired a new position in Exxon Mobil during the 3rd quarter worth about $51,000. Finally, Highline Wealth Partners LLC acquired a new position in Exxon Mobil during the 3rd quarter worth about $54,000. Institutional investors and hedge funds own 61.80% of the company's stock.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Morgan Stanley upped their price target on shares of Exxon Mobil from $139.00 to $140.00 in a research report on Friday, January 31st. Argus raised Exxon Mobil to a "strong-buy" rating in a report on Tuesday, February 4th. JPMorgan Chase & Co. dropped their price objective on Exxon Mobil from $130.00 to $125.00 and set an "overweight" rating for the company in a report on Monday, December 16th. The Goldman Sachs Group dropped their price objective on Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating for the company in a report on Friday, January 31st. Finally, Wells Fargo & Company dropped 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 research 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 stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $129.25.

Exxon Mobil Stock Down 1.2 %

Shares of XOM traded down $1.33 on Friday, hitting $110.67. The company's stock had a trading volume of 14,676,984 shares, compared to its average volume of 15,010,274. Exxon Mobil Co. has a fifty-two week low of $102.88 and a fifty-two week high of $126.34. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The firm's fifty day moving average price is $108.60 and its 200-day moving average price is $114.52. The firm has a market capitalization of $486.39 billion, a price-to-earnings ratio of 14.12, a P/E/G ratio of 2.97 and a beta of 0.89.

Exxon Mobil (NYSE:XOM - Get Free Report) last released its quarterly 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 last year, the company posted $2.48 EPS. On average, equities research analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be given a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a yield of 3.58%. The ex-dividend date of this dividend is Wednesday, February 12th. Exxon Mobil's dividend payout ratio (DPR) is currently 50.51%.

Insiders Place Their Bets

In other news, VP Darrin L. Talley sold 2,100 shares of the 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 owns 18,087 shares of the company's stock, valued at approximately $1,989,570. This represents a 10.40 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.03% of the company's stock.

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.