RW Investment Management LLC Has $825,000 Stock Position in Exxon Mobil Co. (NYSE:XOM)

RW Investment Management LLC lowered its stake in Exxon Mobil Co. (NYSE:XOM) by 8.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 7,667 shares of the oil and gas company’s stock after selling 719 shares during the period. RW Investment Management LLC’s holdings in Exxon Mobil were worth $825,000 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 stock. Advyzon Investment Management LLC acquired a new position in shares of Exxon Mobil during the fourth quarter worth $852,000. Mcdaniel Terry & Co. lifted its holdings in shares of Exxon Mobil by 39.9% during the fourth quarter. Mcdaniel Terry & Co. now owns 75,333 shares of the oil and gas company’s stock worth $8,104,000 after purchasing an additional 21,501 shares during the period. WealthBridge Capital Management LLC lifted its holdings in shares of Exxon Mobil by 4.6% during the fourth quarter. WealthBridge Capital Management LLC now owns 14,860 shares of the oil and gas company’s stock worth $1,599,000 after purchasing an additional 651 shares during the period. WealthCare Investment Partners LLC lifted its holdings in shares of Exxon Mobil by 13.3% during the fourth quarter. WealthCare Investment Partners LLC now owns 1,955 shares of the oil and gas company’s stock worth $210,000 after purchasing an additional 230 shares during the period. Finally, Wealth Alliance lifted its holdings in shares of Exxon Mobil by 12.8% during the fourth quarter. Wealth Alliance now owns 25,594 shares of the oil and gas company’s stock worth $2,753,000 after purchasing an additional 2,912 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Insider Transactions 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 completion of the sale, the vice president now directly owns 18,087 shares of the company’s stock, valued at $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.03% of the stock is currently owned by insiders.

Exxon Mobil Trading Down 1.2 %

XOM opened at $110.67 on Friday. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. The company has a fifty day moving average price of $108.60 and a two-hundred day moving average price of $114.49. The company has a market cap of $480.20 billion, a P/E ratio of 14.12, a price-to-earnings-growth ratio of 3.02 and a beta of 0.89. Exxon Mobil Co. has a 1-year low of $102.88 and a 1-year high of $126.34.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, January 31st. The oil and gas company reported $1.67 EPS 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 quarter in the prior year, the company earned $2.48 EPS. Analysts predict that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th will be given a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 3.58%. The ex-dividend date is Wednesday, February 12th. Exxon Mobil’s payout ratio is presently 50.51%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on XOM shares. Morgan Stanley lifted their price target on shares of Exxon Mobil from $139.00 to $140.00 in a report on Friday, January 31st. HSBC dropped their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a report on Friday, January 31st. Mizuho dropped their target price on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. TD Cowen dropped their target price on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a report on Monday, December 16th. Finally, BMO Capital Markets dropped their target price on shares of Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating on the stock in a report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $129.25.

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.