Livingston Group Asset Management CO operating as Southport Capital Management Purchases 396 Shares of Exxon Mobil Co. (XOM)

Livingston Group Asset Management CO operating as Southport Capital Management grew its position in shares of Exxon Mobil Co. (NYSE:XOM) by 1.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 23,621 shares of the oil and gas company’s stock after acquiring an additional 396 shares during the quarter. Livingston Group Asset Management CO operating as Southport Capital Management’s holdings in Exxon Mobil were worth $1,611,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. C WorldWide Group Holding A S acquired a new stake in shares of Exxon Mobil in the 3rd quarter valued at approximately $363,290,000. Morgan Stanley boosted its holdings in shares of Exxon Mobil by 19.6% in the 3rd quarter. Morgan Stanley now owns 22,022,731 shares of the oil and gas company’s stock valued at $1,872,372,000 after buying an additional 3,614,568 shares during the last quarter. Vanguard Group Inc boosted its holdings in shares of Exxon Mobil by 1.0% in the 3rd quarter. Vanguard Group Inc now owns 329,558,203 shares of the oil and gas company’s stock valued at $28,019,038,000 after buying an additional 3,269,684 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Exxon Mobil by 1.0% in the 3rd quarter. Vanguard Group Inc. now owns 329,558,203 shares of the oil and gas company’s stock valued at $28,019,038,000 after buying an additional 3,269,684 shares during the last quarter. Finally, Rehmann Capital Advisory Group boosted its holdings in shares of Exxon Mobil by 8,766.5% in the 3rd quarter. Rehmann Capital Advisory Group now owns 3,264,121 shares of the oil and gas company’s stock valued at $3,009,820,000 after buying an additional 3,227,307 shares during the last quarter. 54.53% of the stock is owned by hedge funds and other institutional investors.

XOM stock opened at $81.20 on Wednesday. The company has a current ratio of 0.84, a quick ratio of 0.51 and a debt-to-equity ratio of 0.10. The firm has a market cap of $342.90 billion, a price-to-earnings ratio of 16.47, a PEG ratio of 1.33 and a beta of 0.92. Exxon Mobil Co. has a fifty-two week low of $64.65 and a fifty-two week high of $87.36.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, February 1st. The oil and gas company reported $1.51 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.43. The firm had revenue of $71.90 billion for the quarter, compared to analysts’ expectations of $78.87 billion. Exxon Mobil had a return on equity of 10.84% and a net margin of 7.18%. The company’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.88 EPS. As a group, equities analysts expect that Exxon Mobil Co. will post 4.1 EPS for the current fiscal year.

Several equities research analysts have recently commented on XOM shares. Societe Generale cut their price objective on Exxon Mobil from $92.00 to $84.00 and set a “buy” rating for the company in a report on Wednesday, December 19th. Credit Suisse Group reissued a “neutral” rating and issued a $79.00 price objective on shares of Exxon Mobil in a report on Wednesday, December 19th. Zacks Investment Research downgraded Exxon Mobil from a “hold” rating to a “strong sell” rating in a report on Sunday, January 6th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $87.00 price objective on shares of Exxon Mobil in a report on Wednesday, January 9th. Finally, Berenberg Bank reissued a “neutral” rating and issued a $76.00 price objective on shares of Exxon Mobil in a report on Wednesday, January 9th. Three analysts have rated the stock with a sell rating, fourteen have given a hold rating and eight have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $84.71.

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Exxon Mobil Company Profile

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, petroleum products, and other specialty products; and manufactures and markets petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals.

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