Brown Financial Advisors Increases Position in Exxon Mobil Co. (NYSE:XOM)

Brown Financial Advisors raised its position in shares of Exxon Mobil Co. (NYSE:XOM) by 3.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,261 shares of the oil and gas company’s stock after purchasing an additional 131 shares during the period. Brown Financial Advisors’ holdings in Exxon Mobil were worth $458,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Blackhawk Capital Partners LLC. boosted its stake in shares of Exxon Mobil by 1.1% in the 4th quarter. Blackhawk Capital Partners LLC. now owns 33,429 shares of the oil and gas company’s stock valued at $3,596,000 after purchasing an additional 377 shares in the last quarter. Transcendent Capital Group LLC lifted its stake in Exxon Mobil by 2.0% in the fourth quarter. Transcendent Capital Group LLC now owns 5,132 shares of the oil and gas company’s stock worth $552,000 after purchasing an additional 100 shares during the last quarter. Mengis Capital Management Inc. lifted its stake in Exxon Mobil by 5.3% in the fourth quarter. Mengis Capital Management Inc. now owns 71,766 shares of the oil and gas company’s stock worth $7,720,000 after purchasing an additional 3,635 shares during the last quarter. Pine Valley Investments Ltd Liability Co boosted its position in Exxon Mobil by 15.4% during the fourth quarter. Pine Valley Investments Ltd Liability Co now owns 148,833 shares of the oil and gas company’s stock valued at $16,010,000 after buying an additional 19,838 shares during the period. Finally, BankPlus Trust Department bought a new position in shares of Exxon Mobil during the fourth quarter valued at about $2,284,000. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Stock Down 0.3 %

XOM stock opened at $109.43 on Thursday. The company has a market capitalization of $474.84 billion, a price-to-earnings ratio of 13.96, a price-to-earnings-growth ratio of 3.02 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 moving average price is $108.75 and its two-hundred day moving average price is $114.34. Exxon Mobil Co. has a fifty-two week low of $103.85 and a fifty-two week high of $126.34.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results 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 return on equity of 12.92% and a net margin of 9.63%. During the same period in the previous year, the firm earned $2.48 earnings per share. As a group, analysts forecast that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be paid a $0.99 dividend. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 annualized dividend and a dividend yield of 3.62%. Exxon Mobil’s payout ratio is 50.51%.

Analyst Upgrades and Downgrades

XOM has been the subject of a number of recent research reports. Morgan Stanley boosted their target price on Exxon Mobil from $139.00 to $140.00 in a research note on Friday, January 31st. Argus upgraded Exxon Mobil to a “strong-buy” rating in a research report on Tuesday, February 4th. Bernstein Bank raised 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. HSBC decreased their target price 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, The Goldman Sachs Group cut their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $129.25.

Insider Activity at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the firm’s stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the transaction, the vice president now owns 18,087 shares of the company’s stock, valued at approximately $1,989,570. This trade represents a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.03% of the stock is currently owned by corporate insiders.

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.