Traders sold shares of Exxon Mobil Co. (NYSE:XOM) on strength during trading on Friday. $139.02 million flowed into the stock on the tick-up and $357.02 million flowed out of the stock on the tick-down, for a money net flow of $218.00 million out of the stock. Of all companies tracked, Exxon Mobil had the 0th highest net out-flow for the day. Exxon Mobil traded up $0.33 for the day and closed at $76.54
Several analysts have issued reports on the company. Morgan Stanley set a $90.00 target price on Exxon Mobil and gave the company a “sell” rating in a research report on Wednesday, January 24th. Credit Suisse Group set a $84.00 target price on Exxon Mobil and gave the company a “neutral” rating in a research report on Tuesday, January 23rd. HSBC set a $80.00 target price on Exxon Mobil and gave the company a “sell” rating in a research report on Thursday, January 18th. Goldman Sachs Group set a $92.00 target price on Exxon Mobil and gave the company a “neutral” rating in a research report on Monday, January 22nd. Finally, Zacks Investment Research raised Exxon Mobil from a “hold” rating to a “buy” rating and set a $98.00 target price on the stock in a research report on Saturday, January 13th. Seven analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company. Exxon Mobil has a consensus rating of “Hold” and a consensus price target of $87.02.
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 $324,310.00, a price-to-earnings ratio of 16.53, a P/E/G ratio of 1.03 and a beta of 0.82.
The company also recently announced a quarterly dividend, which will be paid on Friday, March 9th. Investors of record on Monday, February 12th will be paid a $0.77 dividend. The ex-dividend date is Friday, February 9th. This represents a $3.08 dividend on an annualized basis and a yield of 4.02%. Exxon Mobil’s dividend payout ratio (DPR) is 66.52%.
In related news, VP Bradley W. Corson sold 19,500 shares of the firm’s stock in a transaction on Monday, December 11th. The stock was sold at an average price of $83.01, for a total value of $1,618,695.00. Following the completion of the transaction, the vice president now owns 229,774 shares in the company, valued at approximately $19,073,539.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Neil A. Chapman sold 12,000 shares of the firm’s stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $83.05, for a total value of $996,600.00. Following the completion of the transaction, the vice president now owns 291,385 shares of the company’s stock, 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. 0.08% of the stock is currently owned by company insiders.
Hedge funds have recently modified their holdings of the stock. Sawtooth Solutions LLC raised its stake in shares of Exxon Mobil by 451.7% during the 4th quarter. Sawtooth Solutions LLC now owns 39,995 shares of the oil and gas company’s stock valued at $3,345,000 after buying an additional 32,745 shares during the last quarter. We Are One Seven LLC purchased a new position in shares of Exxon Mobil during the 4th quarter valued at about $1,482,000. Probabilities Fund Management LLC purchased a new position in shares of Exxon Mobil during the 4th quarter valued at about $653,000. Woodard & Co. Asset Management Group Inc. ADV purchased a new position in shares of Exxon Mobil during the 4th quarter valued at about $1,760,000. Finally, Northern Oak Wealth Management Inc. raised its stake in shares of Exxon Mobil by 9.7% during the 4th quarter. Northern Oak Wealth Management Inc. now owns 107,110 shares of the oil and gas company’s stock valued at $8,959,000 after buying an additional 9,444 shares during the last quarter. Institutional investors own 51.29% of the company’s stock.
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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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