Exxon Mobil Co. (NYSE:XOM) Shares Sold by EFG Asset Management Americas Corp.

EFG Asset Management Americas Corp. lessened its stake in Exxon Mobil Co. (NYSE:XOM) by 3.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,714 shares of the oil and gas company’s stock after selling 525 shares during the quarter. EFG Asset Management Americas Corp.’s holdings in Exxon Mobil were worth $1,571,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of XOM. International Assets Investment Management LLC grew its position in shares of Exxon Mobil by 10,221.0% during the 4th quarter. International Assets Investment Management LLC now owns 4,917,763 shares of the oil and gas company’s stock valued at $491,678,000 after buying an additional 4,870,115 shares during the last quarter. FMR LLC lifted its stake in shares of Exxon Mobil by 3.0% in the 3rd quarter. FMR LLC now owns 145,199,301 shares of the oil and gas company’s stock worth $17,072,534,000 after acquiring an additional 4,162,149 shares during the period. J.P. Morgan Private Wealth Advisors LLC acquired a new stake in shares of Exxon Mobil in the 3rd quarter worth approximately $295,515,000. Canada Pension Plan Investment Board lifted its stake in shares of Exxon Mobil by 21,620,510.0% in the 3rd quarter. Canada Pension Plan Investment Board now owns 2,162,061 shares of the oil and gas company’s stock worth $254,215,000 after acquiring an additional 2,162,051 shares during the period. Finally, Comerica Bank acquired a new stake in Exxon Mobil during the third quarter valued at approximately $170,456,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,400 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $105.00, for a total value of $252,000.00. Following the completion of the sale, the vice president now owns 30,189 shares in the company, valued at approximately $3,169,845. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.03% of the company’s stock.

Exxon Mobil Price Performance

Shares of Exxon Mobil stock opened at $120.58 on Tuesday. The firm has a fifty day moving average price of $111.89 and a two-hundred day moving average price of $106.31. The company has a market cap of $477.29 billion, a PE ratio of 13.56, a price-to-earnings-growth ratio of 4.12 and a beta of 0.96. Exxon Mobil Co. has a fifty-two week low of $95.77 and a fifty-two week high of $123.75. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.48 and a quick ratio of 1.09.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, February 2nd. The oil and gas company reported $2.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.20 by $0.28. The business had revenue of $84.34 billion during the quarter, compared to analysts’ expectations of $90.03 billion. Exxon Mobil had a net margin of 10.45% and a return on equity of 18.51%. The firm’s revenue for the quarter was down 11.6% on a year-over-year basis. During the same quarter last year, the company posted $3.40 EPS. Analysts expect that Exxon Mobil Co. will post 9.7 EPS for the current year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 11th. Investors of record on Wednesday, February 14th were given a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.15%. The ex-dividend date of this dividend was Tuesday, February 13th. Exxon Mobil’s dividend payout ratio (DPR) is currently 42.74%.

Analyst Upgrades and Downgrades

Several analysts recently commented on XOM shares. UBS Group increased their target price on shares of Exxon Mobil from $133.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, April 11th. Barclays assumed coverage on shares of Exxon Mobil in a research note on Wednesday, April 10th. They issued an “overweight” rating and a $147.00 price objective on the stock. Mizuho restated a “neutral” rating and set a $125.00 price target on shares of Exxon Mobil in a research note on Thursday, April 4th. Redburn Atlantic upgraded shares of Exxon Mobil from a “neutral” rating to a “buy” rating and increased their price target for the stock from $116.00 to $119.00 in a research note on Tuesday, January 9th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $120.00 price target on shares of Exxon Mobil in a research note on Monday, February 5th. Eight analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $132.28.

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.