Town & Country Bank & Trust CO dba First Bankers Trust CO Lowers Stake in Exxon Mobil Corporation (XOM)

Town & Country Bank & Trust CO dba First Bankers Trust CO cut its holdings in shares of Exxon Mobil Corporation (NYSE:XOM) by 0.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 88,657 shares of the oil and gas company’s stock after selling 235 shares during the period. Exxon Mobil Corporation comprises about 3.9% of Town & Country Bank & Trust CO dba First Bankers Trust CO’s investment portfolio, making the stock its biggest holding. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in Exxon Mobil Corporation were worth $7,157,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Woodstock Corp grew its stake in shares of Exxon Mobil Corporation by 1.9% during the second quarter. Woodstock Corp now owns 111,937 shares of the oil and gas company’s stock valued at $9,037,000 after acquiring an additional 2,135 shares in the last quarter. Jacobs & Co. CA grew its stake in shares of Exxon Mobil Corporation by 1.2% during the second quarter. Jacobs & Co. CA now owns 93,079 shares of the oil and gas company’s stock valued at $7,514,000 after acquiring an additional 1,119 shares in the last quarter. Meeder Asset Management Inc. grew its stake in shares of Exxon Mobil Corporation by 8.9% during the second quarter. Meeder Asset Management Inc. now owns 102,381 shares of the oil and gas company’s stock valued at $8,266,000 after acquiring an additional 8,367 shares in the last quarter. Hallmark Capital Management Inc. grew its stake in shares of Exxon Mobil Corporation by 8.9% during the second quarter. Hallmark Capital Management Inc. now owns 194,937 shares of the oil and gas company’s stock valued at $15,737,000 after acquiring an additional 15,878 shares in the last quarter. Finally, St. Johns Investment Management Company LLC grew its stake in shares of Exxon Mobil Corporation by 1.3% during the second quarter. St. Johns Investment Management Company LLC now owns 23,367 shares of the oil and gas company’s stock valued at $1,886,000 after acquiring an additional 303 shares in the last quarter. Institutional investors own 50.74% of the company’s stock.

In related news, VP Robert Stuart Franklin sold 22,656 shares of the firm’s stock in a transaction dated Monday, September 18th. The shares were sold at an average price of $79.76, for a total transaction of $1,807,042.56. Following the transaction, the vice president now directly owns 231,572 shares of the company’s stock, valued at $18,470,182.72. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Steven Reinemund sold 1,100 shares of the firm’s stock in a transaction dated Friday, August 4th. The stock was sold at an average price of $80.23, for a total transaction of $88,253.00. Following the transaction, the director now directly owns 43,125 shares in the company, valued at $3,459,918.75. The disclosure for this sale can be found here. 0.08% of the stock is currently owned by company insiders.

XOM has been the subject of several recent analyst reports. Royal Bank Of Canada restated a “buy” rating and set a $96.00 target price on shares of Exxon Mobil Corporation in a research note on Thursday, June 15th. Scotiabank set a $86.00 target price on Exxon Mobil Corporation and gave the company a “buy” rating in a research note on Saturday, June 17th. BMO Capital Markets raised their target price on Exxon Mobil Corporation from $76.00 to $80.00 and gave the company a “market perform” rating in a research note on Wednesday, June 21st. Jefferies Group LLC restated a “hold” rating and set a $86.00 target price on shares of Exxon Mobil Corporation in a research note on Friday, June 23rd. Finally, Vetr upgraded Exxon Mobil Corporation from a “buy” rating to a “strong-buy” rating and set a $90.68 target price for the company in a research note on Thursday, June 29th. Six investment analysts have rated the stock with a sell rating, sixteen have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $84.82.

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Exxon Mobil Corporation (NYSE:XOM) last released its quarterly earnings results on Friday, July 28th. The oil and gas company reported $0.78 EPS for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.05). Exxon Mobil Corporation had a return on equity of 7.62% and a net margin of 4.75%. The business had revenue of $62.88 billion for the quarter, compared to the consensus estimate of $61.35 billion. During the same period in the prior year, the business posted $0.41 earnings per share. Exxon Mobil Corporation’s revenue was up 9.0% compared to the same quarter last year.

Exxon Mobil Corporation Company Profile

Exxon Mobil Corporation is engaged in energy business. The Company is engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products. The Company also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty products.

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

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