Graypoint LLC Has $4.29 Million Holdings in Exxon Mobil Co. (NYSE:XOM)

Graypoint LLC decreased its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 5.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,916 shares of the oil and gas company’s stock after selling 2,452 shares during the quarter. Graypoint LLC’s holdings in Exxon Mobil were worth $4,294,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Vertex Planning Partners LLC raised its position in shares of Exxon Mobil by 3.1% during the 3rd quarter. Vertex Planning Partners LLC now owns 2,778 shares of the oil and gas company’s stock valued at $326,000 after acquiring an additional 83 shares during the last quarter. Etfidea LLC boosted its holdings in Exxon Mobil by 3.3% during the second quarter. Etfidea LLC now owns 2,669 shares of the oil and gas company’s stock worth $307,000 after buying an additional 85 shares during the last quarter. Bigelow Investment Advisors LLC increased its stake in shares of Exxon Mobil by 0.6% in the 2nd quarter. Bigelow Investment Advisors LLC now owns 13,543 shares of the oil and gas company’s stock valued at $1,559,000 after acquiring an additional 86 shares during the last quarter. CBIZ Investment Advisory Services LLC raised its position in shares of Exxon Mobil by 15.2% in the 2nd quarter. CBIZ Investment Advisory Services LLC now owns 660 shares of the oil and gas company’s stock valued at $76,000 after acquiring an additional 87 shares during the period. Finally, First Heartland Consultants Inc. boosted its stake in Exxon Mobil by 0.9% during the 3rd quarter. First Heartland Consultants Inc. now owns 9,451 shares of the oil and gas company’s stock worth $1,108,000 after acquiring an additional 87 shares during the last quarter. 61.80% of the stock is owned by institutional investors.

Exxon Mobil Stock Down 0.4 %

Shares of Exxon Mobil stock traded down $0.39 on Friday, reaching $106.54. 18,818,651 shares of the company were exchanged, compared to its average volume of 15,279,409. The company has a market capitalization of $468.25 billion, a price-to-earnings ratio of 13.27, a PEG ratio of 4.65 and a beta of 0.91. The company has a current ratio of 1.35, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13. Exxon Mobil Co. has a one year low of $95.77 and a one year high of $126.34. The company has a 50-day moving average of $113.66 and a 200 day moving average of $115.69.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, beating analysts’ consensus estimates of $1.91 by $0.01. The firm had revenue of $90.02 billion during the quarter, compared to analysts’ expectations of $93.98 billion. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The company’s revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter last year, the company posted $2.27 earnings per share. On average, equities research analysts forecast that Exxon Mobil Co. will post 7.95 earnings per share for the current year.

Exxon Mobil Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th were given a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.72%. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.95. The ex-dividend date was Thursday, November 14th. Exxon Mobil’s dividend payout ratio (DPR) is presently 49.32%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. JPMorgan Chase & Co. lowered their target price on shares of Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating for the company in a research note on Monday, December 16th. Redburn Atlantic reaffirmed a “neutral” rating and set a $120.00 price objective (up previously from $119.00) on shares of Exxon Mobil in a research note on Tuesday, September 24th. Wolfe Research increased their target price on Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. Morgan Stanley cut their price target on shares of Exxon Mobil from $142.00 to $140.00 in a research note on Thursday, October 31st. Finally, Mizuho lowered their price objective on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating for the company in a research report on Monday, December 16th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $128.74.

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.