Exxon Mobil Co. (XOM) Shares Bought by Vontobel Swiss Wealth Advisors AG

Vontobel Swiss Wealth Advisors AG boosted its position in shares of Exxon Mobil Co. (NYSE:XOM) by 24.1% in the third quarter, Holdings Channel reports. The fund owned 8,374 shares of the oil and gas company’s stock after acquiring an additional 1,624 shares during the period. Vontobel Swiss Wealth Advisors AG’s holdings in Exxon Mobil were worth $687,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in XOM. Iowa State Bank lifted its position in Exxon Mobil by 8.4% during the 2nd quarter. Iowa State Bank now owns 57,414 shares of the oil and gas company’s stock worth $4,635,000 after acquiring an additional 4,451 shares during the last quarter. Randolph Co Inc raised its position in shares of Exxon Mobil by 371.7% during the second quarter. Randolph Co Inc now owns 201,525 shares of the oil and gas company’s stock valued at $16,269,000 after buying an additional 158,800 shares during the last quarter. St. Johns Investment Management Company LLC raised its position in shares of Exxon Mobil 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 buying an additional 303 shares during the last quarter. Hallmark Capital Management Inc. raised its position in shares of Exxon Mobil 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 buying an additional 15,878 shares during the last quarter. Finally, Meeder Asset Management Inc. raised its position in shares of Exxon Mobil 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 buying an additional 8,367 shares during the last quarter. 51.28% of the stock is owned by hedge funds and other institutional investors.

In other news, VP Robert N. Schleckser sold 4,877 shares of the stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $83.37, for a total transaction of $406,595.49. Following the sale, the vice president now directly owns 187,663 shares of the company’s stock, valued at $15,645,464.31. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider James M. Spellings, Jr. sold 9,379 shares of the stock in a transaction that occurred on Tuesday, December 5th. The shares were sold at an average price of $83.37, for a total transaction of $781,927.23. Following the sale, the insider now directly owns 220,000 shares in the company, valued at $18,341,400. The disclosure for this sale can be found here. Insiders have sold 51,357 shares of company stock worth $4,273,910 over the last ninety days. Insiders own 0.08% of the company’s stock.

Shares of Exxon Mobil Co. (NYSE:XOM) opened at $76.94 on Thursday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.54 and a current ratio of 0.85. The firm has a market cap of $326,000.00, a PE ratio of 16.62, a price-to-earnings-growth ratio of 1.07 and a beta of 0.82. Exxon Mobil Co. has a 52 week low of $76.05 and a 52 week high of $89.30.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, February 2nd. The oil and gas company reported $0.88 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.06 by ($0.18). The firm had revenue of $66.52 billion for the quarter, compared to the consensus estimate of $74.41 billion. Exxon Mobil had a return on equity of 8.09% and a net margin of 7.61%. Exxon Mobil’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.41 earnings per share. sell-side analysts predict that Exxon Mobil Co. will post 4.99 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 9th. Shareholders of record on Monday, February 12th will be paid a dividend of $0.77 per share. The ex-dividend date is Friday, February 9th. This represents a $3.08 annualized dividend and a yield of 4.00%. Exxon Mobil’s dividend payout ratio is 66.52%.

A number of brokerages have recently commented on XOM. Goldman Sachs Group reaffirmed a “neutral” rating and set a $96.00 price objective on shares of Exxon Mobil in a research report on Thursday, February 1st. Vetr raised shares of Exxon Mobil from a “hold” rating to a “buy” rating and set a $87.50 price objective for the company in a research report on Monday. Barclays lowered shares of Exxon Mobil from an “overweight” rating to an “underweight” rating and cut their price objective for the company from $91.00 to $84.00 in a research report on Tuesday. Piper Jaffray Companies reaffirmed a “hold” rating and set a $83.00 price objective on shares of Exxon Mobil in a research report on Monday. Finally, Jefferies Group reaffirmed a “neutral” rating and set a $87.00 price objective on shares of Exxon Mobil in a research report on Monday. Seven analysts have rated the stock with a sell rating, fourteen have issued a hold rating, six have issued a buy rating and two have issued a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $87.42.

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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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