Exxon Mobil Co. (XOM) is APG Asset Management N.V.’s 2nd Largest Position

APG Asset Management N.V. lifted its position in Exxon Mobil Co. (NYSE:XOM) by 22.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 13,818,741 shares of the oil and gas company’s stock after buying an additional 2,546,570 shares during the period. Exxon Mobil comprises 1.9% of APG Asset Management N.V.’s portfolio, making the stock its 2nd largest holding. APG Asset Management N.V. owned about 0.33% of Exxon Mobil worth $1,132,860,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. CWH Capital Management Inc. bought a new position in Exxon Mobil during the second quarter valued at approximately $114,000. Horan Securities Inc. lifted its position in Exxon Mobil by 20.8% during the second quarter. Horan Securities Inc. now owns 1,511 shares of the oil and gas company’s stock valued at $122,000 after purchasing an additional 260 shares during the period. Acrospire Investment Management LLC lifted its position in Exxon Mobil by 172.7% during the second quarter. Acrospire Investment Management LLC now owns 1,737 shares of the oil and gas company’s stock valued at $140,000 after purchasing an additional 1,100 shares during the period. Mitsubishi UFJ Securities Holdings Co. Ltd. lifted its position in Exxon Mobil by 2.7% during the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,900 shares of the oil and gas company’s stock valued at $153,000 after purchasing an additional 50 shares during the period. Finally, Mountain Capital Investment Advisors Inc bought a new position in Exxon Mobil during the second quarter valued at approximately $175,000. Hedge funds and other institutional investors own 51.05% of the company’s stock.

A number of analysts have commented on the stock. Howard Weil raised shares of Exxon Mobil from an “outperform” rating to a “focus list” rating in a report on Friday, December 22nd. Jefferies Group set a $85.00 target price on shares of Exxon Mobil and gave the company a “neutral” rating in a report on Wednesday, December 20th. Goldman Sachs Group set a $89.00 target price on shares of Exxon Mobil and gave the company a “neutral” rating in a report on Thursday, December 14th. Zacks Investment Research cut shares of Exxon Mobil from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 14th. Finally, Vetr raised shares of Exxon Mobil from a “buy” rating to a “strong-buy” rating and set a $92.90 price objective for the company in a research note on Wednesday, December 13th. Six research analysts have rated the stock with a sell rating, fourteen have given a hold rating, seven have assigned a buy rating and three have given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $86.36.

In related news, VP Bradley W. Corson sold 19,500 shares of the firm’s stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $83.01, for a total value of $1,618,695.00. Following the transaction, the vice president now owns 229,774 shares of the company’s stock, valued at approximately $19,073,539.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, VP Neil A. Chapman sold 12,000 shares of the firm’s stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $83.05, for a total transaction of $996,600.00. Following the completion of the transaction, the vice president now directly owns 291,385 shares in the company, valued at approximately $24,199,524.25. The disclosure for this sale can be found here. Insiders sold a total of 51,357 shares of company stock valued at $4,273,910 in the last 90 days. Company insiders own 0.08% of the company’s stock.

Shares of Exxon Mobil Co. (NYSE XOM) opened at $83.90 on Thursday. The stock has a market cap of $355,789.78, a PE ratio of 27.33, a PEG ratio of 1.76 and a beta of 0.83. The company has a quick ratio of 0.54, a current ratio of 0.85 and a debt-to-equity ratio of 0.13. Exxon Mobil Co. has a twelve month low of $76.05 and a twelve month high of $91.34.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, October 27th. The oil and gas company reported $0.93 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.89 by $0.04. The firm had revenue of $66.17 billion during the quarter, compared to analyst estimates of $63.51 billion. Exxon Mobil had a net margin of 5.14% and a return on equity of 8.21%. During the same quarter last year, the business earned $0.63 EPS. research analysts expect that Exxon Mobil Co. will post 3.65 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Monday, December 11th. Stockholders of record on Monday, November 13th were issued a $0.77 dividend. The ex-dividend date was Friday, November 10th. This represents a $3.08 annualized dividend and a dividend yield of 3.67%. Exxon Mobil’s dividend payout ratio (DPR) is presently 100.33%.

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Exxon Mobil 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.

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

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