Telos Capital Management Inc. Has $508,000 Stock Holdings in Exxon Mobil Co. (NYSE:XOM)
Telos Capital Management Inc. boosted its position in shares of Exxon Mobil Co. (NYSE:XOM) by 3.3% during the 1st quarter, Holdings Channel reports. The institutional investor owned 9,096 shares of the oil and gas company’s stock after purchasing an additional 289 shares during the quarter. Telos Capital Management Inc.’s holdings in Exxon Mobil were worth $508,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Horan Securities Inc. lifted its holdings in Exxon Mobil by 110.6% during the 4th quarter. Horan Securities Inc. now owns 596 shares of the oil and gas company’s stock worth $25,000 after buying an additional 313 shares in the last quarter. Clark Financial Advisors acquired a new position in shares of Exxon Mobil in the 4th quarter valued at $28,000. Mach 1 Financial Group Inc. acquired a new position in shares of Exxon Mobil in the 4th quarter valued at $29,000. Bellwether Advisors LLC acquired a new position in shares of Exxon Mobil in the 4th quarter valued at $32,000. Finally, Canton Hathaway LLC lifted its stake in shares of Exxon Mobil by 500.0% in the 1st quarter. Canton Hathaway LLC now owns 720 shares of the oil and gas company’s stock valued at $40,000 after purchasing an additional 600 shares during the period. 50.90% of the stock is currently owned by hedge funds and other institutional investors.
XOM has been the topic of a number of analyst reports. BNP Paribas raised Exxon Mobil from an “underperform” rating to a “neutral” rating and set a $45.50 price target on the stock in a research note on Monday, February 8th. Royal Bank of Canada set a $60.00 target price on Exxon Mobil and gave the stock a “sell” rating in a report on Friday. UBS Group reiterated a “neutral” rating and set a $62.00 target price (up previously from $48.00) on shares of Exxon Mobil in a report on Monday, March 15th. Morgan Stanley increased their target price on Exxon Mobil from $60.00 to $71.00 and gave the stock an “overweight” rating in a report on Tuesday, March 16th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $65.00 target price on shares of Exxon Mobil in a report on Tuesday, March 16th. One equities research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and eight have assigned a buy rating to the company. Exxon Mobil presently has an average rating of “Hold” and a consensus price target of $55.81.
Shares of NYSE:XOM opened at $58.82 on Tuesday. Exxon Mobil Co. has a 52-week low of $31.11 and a 52-week high of $62.55. The company has a market capitalization of $249.02 billion, a P/E ratio of 35.01 and a beta of 1.31. The company has a 50-day simple moving average of $56.85 and a 200 day simple moving average of $47.38. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.58 and a current ratio of 0.93.
Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Thursday, April 29th. The oil and gas company reported $0.65 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.59 by $0.06. The firm had revenue of $59.15 billion during the quarter, compared to the consensus estimate of $55.36 billion. Exxon Mobil had a net margin of 3.24% and a return on equity of 2.09%. The business’s revenue for the quarter was up 5.3% compared to the same quarter last year. During the same period last year, the business posted ($0.14) earnings per share. As a group, equities analysts forecast that Exxon Mobil Co. will post -0.52 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 10th. Shareholders of record on Thursday, May 13th will be given a dividend of $0.87 per share. The ex-dividend date is Wednesday, May 12th. This represents a $3.48 annualized dividend and a yield of 5.92%. Exxon Mobil’s dividend payout ratio (DPR) is presently 154.67%.
Exxon Mobil Profile
Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States and internationally. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, natural gas, petroleum products, petrochemicals, and other specialty products; and manufactures and sells petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals.
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