1,724 Shares in Exxon Mobil Co. (NYSE:XOM) Purchased by Advisory Services & Investments LLC

Advisory Services & Investments LLC purchased a new position in Exxon Mobil Co. (NYSE:XOM) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 1,724 shares of the oil and gas company’s stock, valued at approximately $202,000.

Other institutional investors also recently bought and sold shares of the company. Cerity Partners LLC lifted its holdings in shares of Exxon Mobil by 11.8% in the 3rd quarter. Cerity Partners LLC now owns 1,880,236 shares of the oil and gas company’s stock valued at $220,401,000 after buying an additional 198,815 shares during the period. Optivise Advisory Services LLC purchased a new position in Exxon Mobil during the third quarter valued at approximately $535,000. Great Valley Advisor Group Inc. lifted its holdings in Exxon Mobil by 15.2% in the third quarter. Great Valley Advisor Group Inc. now owns 82,077 shares of the oil and gas company’s stock valued at $9,621,000 after acquiring an additional 10,835 shares during the period. Certified Advisory Corp grew its stake in shares of Exxon Mobil by 4.9% during the 3rd quarter. Certified Advisory Corp now owns 10,933 shares of the oil and gas company’s stock worth $1,282,000 after purchasing an additional 515 shares during the period. Finally, Waddell & Associates LLC increased its holdings in shares of Exxon Mobil by 1.3% during the 3rd quarter. Waddell & Associates LLC now owns 14,224 shares of the oil and gas company’s stock valued at $1,667,000 after purchasing an additional 179 shares in the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently commented on XOM. Wells Fargo & Company raised their price target on shares of Exxon Mobil from $135.00 to $136.00 and gave the company an “overweight” rating in a research report on Friday, September 27th. UBS Group reduced their price target on Exxon Mobil from $157.00 to $149.00 and set a “buy” rating for the company in a report on Wednesday, September 18th. Bank of America assumed coverage on Exxon Mobil in a report on Thursday, October 17th. They issued a “neutral” rating and a $124.00 price objective on the stock. Royal Bank of Canada reiterated a “sector perform” rating and set a $120.00 target price on shares of Exxon Mobil in a research report on Monday, November 4th. Finally, Redburn Atlantic restated a “neutral” rating and set a $120.00 price objective (up from $119.00) on shares of Exxon Mobil in a research report on Tuesday, September 24th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $130.21.

Exxon Mobil Trading Down 0.1 %

XOM opened at $121.79 on Friday. The firm has a market capitalization of $535.26 billion, a price-to-earnings ratio of 15.17, a price-to-earnings-growth ratio of 5.10 and a beta of 0.90. The company’s 50 day simple moving average is $119.39 and its two-hundred day simple moving average is $116.54. Exxon Mobil Co. has a 1-year low of $95.77 and a 1-year high of $126.34. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, topping analysts’ consensus estimates of $1.91 by $0.01. The firm had revenue of $90.02 billion for the quarter, compared to the consensus estimate of $93.98 billion. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The firm’s revenue was down .8% compared to the same quarter last year. During the same quarter last year, the business posted $2.27 earnings per share. Analysts expect that Exxon Mobil Co. will post 7.96 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 10th. Investors of record on Thursday, November 14th will be issued a $0.99 dividend. The ex-dividend date is Thursday, November 14th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.25%. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.95. Exxon Mobil’s dividend payout ratio is currently 49.32%.

Exxon Mobil Company Profile

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.