Kinsale Capital Group Inc. Has $11.36 Million Holdings in Exxon Mobil Corporation $XOM

Kinsale Capital Group Inc. grew its position in shares of Exxon Mobil Corporation (NYSE:XOMFree Report) by 8.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 100,709 shares of the oil and gas company’s stock after buying an additional 7,588 shares during the quarter. Exxon Mobil makes up about 2.1% of Kinsale Capital Group Inc.’s investment portfolio, making the stock its 17th largest holding. Kinsale Capital Group Inc.’s holdings in Exxon Mobil were worth $11,355,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Westfuller Advisors LLC acquired a new stake in Exxon Mobil in the 3rd quarter valued at approximately $30,000. Clayton Financial Group LLC bought a new stake in shares of Exxon Mobil in the third quarter valued at approximately $40,000. TruNorth Capital Management LLC grew its stake in shares of Exxon Mobil by 1,595.2% in the third quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock worth $40,000 after acquiring an additional 335 shares during the last quarter. Bare Financial Services Inc grew its stake in shares of Exxon Mobil by 121.8% in the second quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock worth $39,000 after acquiring an additional 201 shares during the last quarter. Finally, Halbert Hargrove Global Advisors LLC increased its position in Exxon Mobil by 95.8% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock worth $42,000 after acquiring an additional 181 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

More Exxon Mobil News

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

Exxon Mobil Trading Up 2.2%

Shares of XOM opened at $149.28 on Friday. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $149.57. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. The stock has a 50 day simple moving average of $125.78 and a 200-day simple moving average of $117.36. The stock has a market cap of $629.54 billion, a PE ratio of 22.31, a PEG ratio of 15.49 and a beta of 0.39.

Exxon Mobil (NYSE:XOMGet Free Report) last announced its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating the consensus estimate of $1.63 by $0.08. The business had revenue of $82.31 billion for the quarter, compared to analyst estimates of $77.98 billion. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.Exxon Mobil’s quarterly revenue was down 1.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.67 EPS. On average, sell-side analysts predict that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th will be issued a dividend of $1.03 per share. The ex-dividend date of this dividend is Thursday, February 12th. This represents a $4.12 annualized dividend and a dividend yield of 2.8%. Exxon Mobil’s dividend payout ratio (DPR) is presently 61.58%.

Insider Activity

In other news, VP Darrin L. Talley sold 5,000 shares of Exxon Mobil stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total value of $698,750.00. Following the completion of the transaction, the vice president owned 23,584 shares in the company, valued at approximately $3,295,864. The trade was a 17.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold a total of 11,000 shares of company stock valued at $1,406,570 in the last three months. Insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on XOM. Mizuho set a $140.00 price target on shares of Exxon Mobil in a report on Wednesday. Citigroup upped their price objective on shares of Exxon Mobil from $115.00 to $118.00 and gave the company a “neutral” rating in a research report on Wednesday, December 10th. Barclays lifted their target price on Exxon Mobil from $140.00 to $145.00 and gave the stock an “overweight” rating in a research report on Tuesday. Zacks Research upgraded Exxon Mobil from a “strong sell” rating to a “hold” rating in a research note on Friday, January 30th. Finally, Loop Capital set a $123.00 price objective on Exxon Mobil in a research report on Tuesday. Nine analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $140.59.

View Our Latest Analysis on XOM

About Exxon Mobil

(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.

Featured Stories

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

Receive News & Ratings for Exxon Mobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil and related companies with MarketBeat.com's FREE daily email newsletter.