Creative Financial Designs Inc. ADV Sells 137 Shares of Exxon Mobil Corporation $XOM

Creative Financial Designs Inc. ADV lowered its position in shares of Exxon Mobil Corporation (NYSE:XOM) by 1.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,097 shares of the oil and gas company’s stock after selling 137 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in Exxon Mobil were worth $1,196,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Graybill Wealth Management LTD. bought a new stake in Exxon Mobil in the first quarter valued at about $29,000. Elequin Capital LP bought a new stake in Exxon Mobil in the first quarter valued at about $31,000. Clal Insurance Enterprises Holdings Ltd increased its holdings in Exxon Mobil by 396.7% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 298 shares of the oil and gas company’s stock valued at $35,000 after purchasing an additional 238 shares during the last quarter. Game Plan Financial Advisors LLC increased its holdings in Exxon Mobil by 1,500.0% in the first quarter. Game Plan Financial Advisors LLC now owns 320 shares of the oil and gas company’s stock valued at $38,000 after purchasing an additional 300 shares during the last quarter. Finally, Marshall & Sullivan Inc. WA bought a new stake in Exxon Mobil in the second quarter valued at about $38,000. Institutional investors own 61.80% of the company’s stock.

Insider Buying and Selling at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,158 shares of the company’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $110.45, for a total transaction of $238,351.10. Following the completion of the transaction, the vice president directly owned 13,829 shares of the company’s stock, valued at $1,527,413.05. This represents a 13.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.03% of the stock is owned by corporate insiders.

Exxon Mobil Stock Down 0.2%

XOM stock opened at $114.52 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.25 and a quick ratio of 0.88. The stock has a market capitalization of $488.21 billion, a P/E ratio of 16.27, a P/E/G ratio of 2.06 and a beta of 0.51. The business has a 50-day moving average of $113.26 and a 200-day moving average of $109.94. Exxon Mobil Corporation has a fifty-two week low of $97.80 and a fifty-two week high of $123.21.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, June 17th. The oil and gas company reported $0.65 earnings per share for the quarter. The company had revenue of $57.55 billion during the quarter. Exxon Mobil had a return on equity of 11.34% and a net margin of 9.17%. On average, sell-side analysts anticipate that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Mizuho dropped their price objective on Exxon Mobil from $124.00 to $123.00 and set a “neutral” rating for the company in a report on Monday, September 15th. Morgan Stanley upped their price objective on Exxon Mobil from $134.00 to $135.00 and gave the company an “overweight” rating in a report on Monday, August 4th. Melius assumed coverage on Exxon Mobil in a report on Wednesday, August 20th. They issued a “hold” rating and a $111.00 price objective for the company. Scotiabank reiterated an “outperform” rating on shares of Exxon Mobil in a report on Thursday, October 9th. Finally, Wall Street Zen upgraded Exxon Mobil from a “sell” rating to a “hold” rating in a report on Saturday, September 13th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $127.00.

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.