Roof Eidam & Maycock ADV decreased its position in Exxon Mobil Corp. (NYSE:XOM) by 2.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,863 shares of the company’s stock after selling 349 shares during the period. Roof Eidam & Maycock ADV’s holdings in Exxon Mobil Corp. were worth $1,472,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently added to or reduced their stakes in the company. Thomas J. Herzfeld Advisors Inc. increased its stake in shares of Exxon Mobil Corp. by 166.5% in the second quarter. Thomas J. Herzfeld Advisors Inc. now owns 1,106 shares of the company’s stock valued at $104,000 after buying an additional 691 shares in the last quarter. Equitec Proprietary Markets LLC acquired a new stake in shares of Exxon Mobil Corp. during the third quarter valued at about $107,000. Tuttle Tactical Management LLC acquired a new stake in shares of Exxon Mobil Corp. during the second quarter valued at about $125,000. Horan Securities Inc. acquired a new stake in shares of Exxon Mobil Corp. during the third quarter valued at about $137,000. Finally, Cantab Capital Partners LLP acquired a new stake in shares of Exxon Mobil Corp. during the second quarter valued at about $183,000. 49.95% of the stock is owned by hedge funds and other institutional investors.
Shares of Exxon Mobil Corp. (NYSE:XOM) traded down 1.80% during midday trading on Thursday, reaching $84.73. The company’s stock had a trading volume of 16,381,815 shares. The company’s 50-day moving average price is $88.99 and its 200 day moving average price is $87.98. Exxon Mobil Corp. has a 12-month low of $72.61 and a 12-month high of $95.55. The company has a market capitalization of $351.35 billion, a P/E ratio of 39.67 and a beta of 0.89.
Exxon Mobil Corp. (NYSE:XOM) last announced its quarterly earnings data on Friday, October 28th. The company reported $0.63 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $0.03. The firm earned $58.68 billion during the quarter, compared to analysts’ expectations of $61.34 billion. Exxon Mobil Corp. had a return on equity of 5.04% and a net margin of 3.98%. The company’s quarterly revenue was down 12.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.01 EPS. On average, equities research analysts forecast that Exxon Mobil Corp. will post $2.19 earnings per share for the current year.
Several brokerages have issued reports on XOM. Macquarie reaffirmed an “underperform” rating and set a $75.00 price target on shares of Exxon Mobil Corp. in a report on Saturday, December 17th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Exxon Mobil Corp. in a report on Monday, December 12th. Goldman Sachs Group Inc. set a $96.00 price objective on Exxon Mobil Corp. and gave the stock a “neutral” rating in a research report on Monday, December 26th. Bank of America Corp. set a $100.00 price objective on Exxon Mobil Corp. and gave the stock a “hold” rating in a research report on Monday, October 10th. Finally, BNP Paribas set a $80.00 price objective on Exxon Mobil Corp. and gave the stock a “sell” rating in a research report on Tuesday, October 11th. Eight equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have given a buy rating to the stock. Exxon Mobil Corp. currently has a consensus rating of “Hold” and a consensus target price of $87.52.
In other Exxon Mobil Corp. news, VP Dennis G. Wascom sold 4,400 shares of the business’s stock in a transaction dated Tuesday, December 13th. The stock was sold at an average price of $92.00, for a total transaction of $404,800.00. Following the completion of the sale, the vice president now directly owns 183,765 shares of the company’s stock, valued at approximately $16,906,380. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider James M. Spellings, Jr. sold 15,678 shares of the business’s stock in a transaction dated Tuesday, December 6th. The stock was sold at an average price of $87.69, for a total value of $1,374,803.82. Following the sale, the insider now directly owns 200,500 shares of the company’s stock, valued at $17,581,845. The disclosure for this sale can be found here. Insiders have sold a total of 63,054 shares of company stock valued at $5,544,316 over the last three months. Company insiders own 0.14% of the company’s stock.
About Exxon Mobil Corp.
Exxon Mobil Corporation is an energy company. The Company is engaged in the exploration and production of crude oil and natural gas, manufacturing of petroleum products, and transportation and sale of crude oil, natural gas and petroleum products. The Company also manufactures and markets petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and various specialty products.
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