Exxon Mobil Co. (NYSE:XOM) Shares Sold by Wealth Dimensions Group Ltd.

Wealth Dimensions Group Ltd. trimmed its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 3.6% in the 4th quarter, HoldingsChannel reports. The firm owned 17,375 shares of the oil and gas company’s stock after selling 653 shares during the quarter. Wealth Dimensions Group Ltd.’s holdings in Exxon Mobil were worth $1,869,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Fairway Wealth LLC purchased a new position in shares of Exxon Mobil in the fourth quarter worth approximately $31,000. Keystone Financial Group Inc. purchased a new position in Exxon Mobil during the 4th quarter worth approximately $36,000. Retirement Wealth Solutions LLC acquired a new stake in Exxon Mobil during the 4th quarter valued at $46,000. Compass Planning Associates Inc purchased a new stake in shares of Exxon Mobil in the fourth quarter valued at $47,000. Finally, Synergy Investment Management LLC acquired a new stake in shares of Exxon Mobil in the fourth quarter worth $47,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the transaction, the vice president now owns 18,087 shares in the company, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.03% of the company’s stock.

Exxon Mobil Stock Performance

NYSE:XOM opened at $106.84 on Monday. 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 Co. has a 1 year low of $97.80 and a 1 year high of $126.34. The firm’s fifty day simple moving average is $109.82 and its 200 day simple moving average is $112.68. The firm has a market capitalization of $462.12 billion, a PE ratio of 13.63, a PEG ratio of 3.02 and a beta of 0.61.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data 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 last year, the firm posted $2.48 EPS. On average, sell-side analysts anticipate that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Wednesday, February 12th were given a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a yield of 3.71%. The ex-dividend date of this dividend was Wednesday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is currently 50.51%.

Analyst Ratings Changes

XOM has been the topic of several recent analyst reports. Bernstein Bank upped their price target on Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a research report on Friday, January 31st. HSBC reduced their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a research report on Friday, January 31st. Scotiabank dropped their price objective on shares of Exxon Mobil from $140.00 to $115.00 and set a “sector outperform” rating on the stock in a research note on Friday, April 11th. BMO Capital Markets decreased their target price on shares of Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a research note on Friday, January 31st. Finally, Morgan Stanley dropped their price target on shares of Exxon Mobil from $141.00 to $138.00 and set an “overweight” rating on the stock in a research note on Thursday, March 27th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $126.75.

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.