5,823 Shares in Exxon Mobil Co. (NYSE:XOM) Purchased by MeadowBrook Investment Advisors LLC

MeadowBrook Investment Advisors LLC bought a new stake in Exxon Mobil Co. (NYSE:XOM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 5,823 shares of the oil and gas company’s stock, valued at approximately $582,000.

Several other hedge funds and other institutional investors have also bought and sold shares of XOM. Spire Wealth Management grew its stake in shares of Exxon Mobil by 3.0% in the fourth quarter. Spire Wealth Management now owns 121,229 shares of the oil and gas company’s stock valued at $11,753,000 after buying an additional 3,490 shares in the last quarter. AllGen Financial Advisors Inc. grew its position in shares of Exxon Mobil by 0.7% in the 4th quarter. AllGen Financial Advisors Inc. now owns 25,923 shares of the oil and gas company’s stock valued at $2,592,000 after buying an additional 171 shares during the last quarter. Metis Global Partners LLC lifted its stake in shares of Exxon Mobil by 15.6% in the 4th quarter. Metis Global Partners LLC now owns 232,521 shares of the oil and gas company’s stock valued at $23,247,000 after purchasing an additional 31,460 shares during the period. Valley Brook Capital Group Inc. increased its stake in shares of Exxon Mobil by 2.8% in the 4th quarter. Valley Brook Capital Group Inc. now owns 14,665 shares of the oil and gas company’s stock valued at $1,466,000 after acquiring an additional 401 shares in the last quarter. Finally, Channing Capital Management LLC bought a new stake in Exxon Mobil during the 4th quarter valued at $5,685,000. Institutional investors own 61.80% of the company’s stock.

Insiders Place Their Bets

In related news, VP Darrin L. Talley sold 2,426 shares of the firm’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $119.01, for a total value of $288,718.26. Following the completion of the sale, the vice president now directly owns 25,363 shares in the company, valued at approximately $3,018,450.63. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Exxon Mobil news, VP Darrin L. Talley sold 2,426 shares of the company’s stock in a transaction on Monday, April 29th. The stock was sold at an average price of $119.01, for a total transaction of $288,718.26. Following the completion of the sale, the vice president now directly owns 25,363 shares in the company, valued at $3,018,450.63. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Darrin L. Talley sold 2,400 shares of the firm’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $105.00, for a total transaction of $252,000.00. Following the completion of the sale, the vice president now owns 30,189 shares in the company, valued at approximately $3,169,845. The disclosure for this sale can be found here. Corporate insiders own 0.03% of the company’s stock.

Exxon Mobil Stock Down 0.3 %

Shares of NYSE:XOM traded down $0.31 on Tuesday, reaching $116.44. The company had a trading volume of 7,185,113 shares, compared to its average volume of 18,559,400. The company has a quick ratio of 1.06, a current ratio of 1.38 and a debt-to-equity ratio of 0.15. The stock has a 50-day moving average price of $114.90 and a 200 day moving average price of $106.92. The stock has a market capitalization of $459.12 billion, a P/E ratio of 14.27, a P/E/G ratio of 4.03 and a beta of 0.96. Exxon Mobil Co. has a twelve month low of $95.77 and a twelve month high of $123.75.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, April 26th. The oil and gas company reported $2.06 earnings per share for the quarter, missing analysts’ consensus estimates of $2.19 by ($0.13). Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The company had revenue of $83.08 billion for the quarter, compared to analyst estimates of $79.69 billion. During the same period in the previous year, the firm posted $2.83 earnings per share. The firm’s revenue for the quarter was down 4.0% compared to the same quarter last year. On average, equities analysts expect that Exxon Mobil Co. will post 9.61 EPS for the current year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Wednesday, May 15th will be issued a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a yield of 3.26%. The ex-dividend date is Tuesday, May 14th. Exxon Mobil’s dividend payout ratio (DPR) is presently 46.57%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on XOM shares. Barclays initiated coverage on shares of Exxon Mobil in a report on Wednesday, April 10th. They issued an “overweight” rating and a $147.00 price target on the stock. Wells Fargo & Company lifted their target price on shares of Exxon Mobil from $138.00 to $142.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 30th. Redburn Atlantic upgraded shares of Exxon Mobil from a “neutral” rating to a “buy” rating and lifted their price target for the company from $116.00 to $119.00 in a report on Tuesday, January 9th. UBS Group upped their price target on shares of Exxon Mobil from $150.00 to $152.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, HSBC upped their price objective on Exxon Mobil from $111.00 to $120.00 and gave the company a “hold” rating in a research report on Tuesday, April 30th. Eight research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat, Exxon Mobil currently has an average rating of “Moderate Buy” and a consensus target price of $134.18.

About Exxon Mobil

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.