Nisa Investment Advisors LLC Raises Position in Exxon Mobil Corporation $XOM

Nisa Investment Advisors LLC lifted its position in Exxon Mobil Corporation (NYSE:XOMFree Report) by 3.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,141,149 shares of the oil and gas company’s stock after acquiring an additional 35,228 shares during the period. Exxon Mobil accounts for 1.9% of Nisa Investment Advisors LLC’s holdings, making the stock its 17th largest position. Nisa Investment Advisors LLC’s holdings in Exxon Mobil were worth $137,326,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the company. Maryland State Retirement & Pension System lifted its position in Exxon Mobil by 2.6% during the third quarter. Maryland State Retirement & Pension System now owns 215,892 shares of the oil and gas company’s stock worth $24,342,000 after buying an additional 5,573 shares in the last quarter. Capital Investment Advisors LLC grew its holdings in Exxon Mobil by 6.6% in the 4th quarter. Capital Investment Advisors LLC now owns 231,488 shares of the oil and gas company’s stock valued at $27,857,000 after buying an additional 14,233 shares in the last quarter. U.S. Capital Wealth Advisors LLC increased its stake in shares of Exxon Mobil by 3.3% in the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 306,658 shares of the oil and gas company’s stock worth $34,576,000 after acquiring an additional 9,831 shares during the last quarter. HORAN Wealth LLC raised its holdings in shares of Exxon Mobil by 78.3% during the 3rd quarter. HORAN Wealth LLC now owns 13,180 shares of the oil and gas company’s stock worth $1,486,000 after acquiring an additional 5,788 shares during the period. Finally, New Age Alpha Advisors LLC raised its holdings in shares of Exxon Mobil by 5.6% during the 3rd quarter. New Age Alpha Advisors LLC now owns 166,547 shares of the oil and gas company’s stock worth $18,778,000 after acquiring an additional 8,853 shares during the period. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total transaction of $698,750.00. Following the sale, the vice president directly owned 23,584 shares of the company’s stock, valued at $3,295,864. This represents a 17.49% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold a total of 11,460 shares of company stock valued at $1,687,854 over the last ninety days. Company insiders own 0.03% of the company’s stock.

Key Headlines Impacting Exxon Mobil

Here are the key news stories impacting Exxon Mobil this week:

Exxon Mobil Stock Down 0.1%

Exxon Mobil stock opened at $160.63 on Friday. The company has a market capitalization of $669.31 billion, a PE ratio of 24.01, a price-to-earnings-growth ratio of 1.11 and a beta of 0.29. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15. Exxon Mobil Corporation has a fifty-two week low of $97.80 and a fifty-two week high of $176.41. The firm has a 50 day moving average price of $152.01 and a 200 day moving average price of $129.50.

Exxon Mobil (NYSE:XOMGet Free Report) last released its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The company had revenue of $80.04 billion for the quarter, compared to analysts’ expectations of $77.98 billion. During the same period in the prior year, the firm earned $1.67 earnings per share. The firm’s revenue was down 1.3% compared to the same quarter last year. Research analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were issued a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Thursday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is 61.58%.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Scotiabank upgraded shares of Exxon Mobil to a “strong-buy” rating in a report on Friday, March 27th. Citigroup lifted their price target on shares of Exxon Mobil from $150.00 to $175.00 and gave the company a “neutral” rating in a research report on Thursday. UBS Group reiterated a “buy” rating and issued a $171.00 price objective on shares of Exxon Mobil in a report on Monday, February 2nd. Barclays increased their price objective on Exxon Mobil from $145.00 to $163.00 and gave the stock an “overweight” rating in a research report on Monday, March 16th. Finally, Jefferies Financial Group raised their target price on Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $152.39.

Read Our Latest Stock Report on Exxon Mobil

Exxon Mobil Profile

(Free Report)

Exxon Mobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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