Exxon Mobil Corporation $XOM Shares Acquired by Mufg Securities Americas Inc.

Mufg Securities Americas Inc. lifted its holdings in shares of Exxon Mobil Corporation (NYSE:XOMFree Report) by 20.4% in the third quarter, HoldingsChannel reports. The firm owned 114,964 shares of the oil and gas company’s stock after acquiring an additional 19,442 shares during the period. Exxon Mobil makes up about 0.8% of Mufg Securities Americas Inc.’s portfolio, making the stock its 15th biggest holding. Mufg Securities Americas Inc.’s holdings in Exxon Mobil were worth $12,962,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of XOM. Norges Bank acquired a new position in shares of Exxon Mobil in the second quarter worth $6,163,719,000. First Trust Advisors LP grew its holdings in shares of Exxon Mobil by 150.2% during the second quarter. First Trust Advisors LP now owns 7,602,601 shares of the oil and gas company’s stock worth $819,560,000 after buying an additional 4,563,707 shares in the last quarter. Cerity Partners LLC raised its position in shares of Exxon Mobil by 200.7% in the second quarter. Cerity Partners LLC now owns 2,014,446 shares of the oil and gas company’s stock valued at $217,162,000 after buying an additional 4,015,099 shares during the last quarter. Laurel Wealth Advisors LLC lifted its stake in shares of Exxon Mobil by 10,809.8% during the second quarter. Laurel Wealth Advisors LLC now owns 3,095,106 shares of the oil and gas company’s stock valued at $333,652,000 after buying an additional 3,066,736 shares during the period. Finally, Bessemer Group Inc. boosted its position in Exxon Mobil by 119.4% during the third quarter. Bessemer Group Inc. now owns 2,672,359 shares of the oil and gas company’s stock worth $301,310,000 after acquiring an additional 1,454,308 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Analysts Set New Price Targets

XOM has been the subject of several analyst reports. Wells Fargo & Company cut their price target on Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating for the company in a report on Monday, February 2nd. BMO Capital Markets reaffirmed a “market perform” rating and issued a $155.00 price objective on shares of Exxon Mobil in a research report on Wednesday, February 4th. Barclays increased 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, February 3rd. Royal Bank Of Canada raised their price target on Exxon Mobil from $145.00 to $150.00 and gave the stock a “sector perform” rating in a research note on Monday, February 2nd. Finally, Scotiabank restated an “outperform” rating on shares of Exxon Mobil in a report on Friday, January 16th. Nine equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $140.59.

View Our Latest Stock Report on Exxon Mobil

Insider Buying and Selling at Exxon Mobil

In other news, VP Darrin L. Talley sold 3,230 shares of the company’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $149.18, for a total value of $481,851.40. Following the completion of the sale, the vice president owned 20,354 shares of the company’s stock, valued at $3,036,409.72. This represents a 13.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold a total of 14,230 shares of company stock valued at $1,888,421 over the last ninety days. 0.03% of the stock is owned by corporate insiders.

Key Headlines Impacting Exxon Mobil

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

Exxon Mobil Price Performance

XOM opened at $150.72 on Tuesday. Exxon Mobil Corporation has a 52-week low of $97.80 and a 52-week high of $156.93. The company has a 50 day moving average of $132.95 and a two-hundred day moving average of $120.55. The company has a market cap of $628.01 billion, a P/E ratio of 22.53, a P/E/G ratio of 15.28 and a beta of 0.39. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13.

Exxon Mobil (NYSE:XOMGet Free Report) last posted its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.63 by $0.08. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The business had revenue of $80.04 billion for the quarter, compared to analyst estimates of $77.98 billion. During the same quarter in the previous year, the business posted $1.67 EPS. The business’s quarterly revenue was down 1.3% on a year-over-year basis. On average, analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th will be paid a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Thursday, February 12th. Exxon Mobil’s payout ratio is currently 61.58%.

Exxon Mobil Company 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.

See Also

Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exxon Mobil Corporation (NYSE:XOMFree Report).

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.