Cantor Fitzgerald Investment Advisors L.P. Has $22.21 Million Holdings in Exxon Mobil Co. (NYSE:XOM)

Cantor Fitzgerald Investment Advisors L.P. lifted its position in shares of Exxon Mobil Co. (NYSE:XOM) by 0.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 206,476 shares of the oil and gas company’s stock after purchasing an additional 703 shares during the quarter. Exxon Mobil makes up about 1.5% of Cantor Fitzgerald Investment Advisors L.P.’s investment portfolio, making the stock its 14th largest position. Cantor Fitzgerald Investment Advisors L.P.’s holdings in Exxon Mobil were worth $22,211,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Vertex Planning Partners LLC grew its stake in shares of Exxon Mobil by 3.1% during the third quarter. Vertex Planning Partners LLC now owns 2,778 shares of the oil and gas company’s stock worth $326,000 after purchasing an additional 83 shares during the period. First Heartland Consultants Inc. grew its stake in shares of Exxon Mobil by 0.9% during the third quarter. First Heartland Consultants Inc. now owns 9,451 shares of the oil and gas company’s stock worth $1,108,000 after purchasing an additional 87 shares during the period. Latitude Advisors LLC grew its stake in shares of Exxon Mobil by 0.7% during the third quarter. Latitude Advisors LLC now owns 13,378 shares of the oil and gas company’s stock worth $1,568,000 after purchasing an additional 88 shares during the period. Longfellow Investment Management Co. LLC grew its stake in shares of Exxon Mobil by 0.6% during the third quarter. Longfellow Investment Management Co. LLC now owns 14,537 shares of the oil and gas company’s stock worth $1,704,000 after purchasing an additional 88 shares during the period. Finally, West Oak Capital LLC grew its stake in shares of Exxon Mobil by 0.6% during the fourth quarter. West Oak Capital LLC now owns 16,207 shares of the oil and gas company’s stock worth $1,743,000 after purchasing an additional 92 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Stock Performance

XOM opened at $111.71 on Wednesday. Exxon Mobil Co. has a 52-week low of $100.42 and a 52-week high of $126.34. The firm has a market capitalization of $490.98 billion, a PE ratio of 14.25, a PEG ratio of 2.94 and a beta of 0.89. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. The business’s 50-day simple moving average is $109.28 and its 200 day simple moving average is $114.92.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate 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 in the prior year, the business posted $2.48 EPS. As a group, sell-side analysts expect that Exxon Mobil Co. will post 7.37 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be issued a dividend of $0.99 per share. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 annualized dividend and a yield of 3.54%. Exxon Mobil’s payout ratio is presently 50.51%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Bernstein Bank lifted their price objective on Exxon Mobil from $138.00 to $144.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. Wolfe Research lifted their price objective on Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. Scotiabank decreased their target price on Exxon Mobil from $145.00 to $140.00 in a research note on Friday, January 31st. UBS Group decreased their target price on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a research note on Thursday, December 12th. Finally, Mizuho decreased their target price on Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Exxon Mobil has an average rating of “Moderate Buy” and a consensus price target of $129.25.

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the company’s 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 sale, the vice president now owns 18,087 shares in the company, valued at $1,989,570. This represents a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.03% of the stock is currently owned by corporate insiders.

About Exxon Mobil

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.