Motiv8 Investments LLC raised its holdings in Exxon Mobil Co. (NYSE:XOM - Free Report) by 48.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,842 shares of the oil and gas company's stock after buying an additional 5,145 shares during the period. Exxon Mobil comprises about 1.2% of Motiv8 Investments LLC's holdings, making the stock its 22nd largest position. Motiv8 Investments LLC's holdings in Exxon Mobil were worth $1,704,000 at the end of the most recent quarter.
Other hedge funds also recently made changes to their positions in the company. Keystone Financial Group Inc. purchased a new position in Exxon Mobil in the fourth quarter worth $36,000. Retirement Wealth Solutions LLC purchased a new position in Exxon Mobil in the fourth quarter valued at approximately $46,000. Compass Planning Associates Inc purchased a new stake in shares of Exxon Mobil in the fourth quarter worth about $47,000. Peterson Financial Group Inc. acquired a new stake in Exxon Mobil during the 3rd quarter valued at $51,000. Finally, Compass Financial Services Inc acquired a new position in shares of Exxon Mobil in the 4th quarter valued at approximately $48,000. Hedge funds and other institutional investors own 61.80% of the company's stock.
In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the company's stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of 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 the SEC website. 0.03% of the stock is owned by corporate insiders.
NYSE:XOM traded up $1.18 on Friday, reaching $111.33. 18,815,935 shares of the stock traded hands, compared to its average volume of 14,938,178. Exxon Mobil Co. has a 12 month low of $104.03 and a 12 month high of $126.34. The company has a market capitalization of $483.08 billion, a price-to-earnings ratio of 14.20, a PEG ratio of 3.02 and a beta of 0.89. The company's fifty day simple moving average is $108.95 and its 200 day simple moving average is $114.23. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14.
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 the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same period in the prior year, the firm earned $2.48 EPS. Equities analysts predict that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.
The company 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 dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a yield of 3.56%. The ex-dividend date of this dividend is Wednesday, February 12th. Exxon Mobil's payout ratio is presently 50.51%.
XOM has been the topic of several analyst reports. BMO Capital Markets dropped their target price on Exxon Mobil from $130.00 to $123.00 and set a "market perform" rating on the stock in a research report on Friday, January 31st. TD Cowen lowered their target price on Exxon Mobil from $132.00 to $128.00 and set a "buy" rating on the stock in a report on Monday, December 16th. UBS Group cut their price objective on Exxon Mobil from $149.00 to $147.00 and set a "buy" rating for the company in a research report on Thursday, December 12th. Argus upgraded shares of Exxon Mobil to a "strong-buy" rating in a report on Tuesday, February 4th. Finally, The Goldman Sachs Group dropped their target price on Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating on the stock in a report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $129.25.
Read Our Latest Report on 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.
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