TTP Investments Inc. Purchases 130 Shares of Exxon Mobil Co. (NYSE:XOM)

TTP Investments Inc. grew its position in shares of Exxon Mobil Co. (NYSE:XOM) by 0.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 29,709 shares of the oil and gas company’s stock after buying an additional 130 shares during the quarter. Exxon Mobil accounts for 1.1% of TTP Investments Inc.’s portfolio, making the stock its 16th largest position. TTP Investments Inc.’s holdings in Exxon Mobil were worth $3,196,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in XOM. Precedent Wealth Partners LLC raised its position in Exxon Mobil by 0.8% in the 4th quarter. Precedent Wealth Partners LLC now owns 22,094 shares of the oil and gas company’s stock worth $2,377,000 after buying an additional 182 shares during the last quarter. Patton Albertson Miller Group LLC lifted its position in Exxon Mobil by 8.0% during the fourth quarter. Patton Albertson Miller Group LLC now owns 15,744 shares of the oil and gas company’s stock valued at $1,694,000 after purchasing an additional 1,163 shares during the period. Insight Inv LLC boosted its holdings in Exxon Mobil by 18.2% in the fourth quarter. Insight Inv LLC now owns 24,335 shares of the oil and gas company’s stock worth $2,618,000 after purchasing an additional 3,754 shares during the last quarter. Stewardship Advisors LLC grew its position in Exxon Mobil by 7.1% in the 4th quarter. Stewardship Advisors LLC now owns 3,017 shares of the oil and gas company’s stock worth $325,000 after purchasing an additional 200 shares during the period. Finally, GSB Wealth Management LLC raised its stake in Exxon Mobil by 19.8% during the 4th quarter. GSB Wealth Management LLC now owns 22,165 shares of the oil and gas company’s stock valued at $2,384,000 after buying an additional 3,669 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Stock Down 2.0 %

XOM opened at $107.99 on Wednesday. The company has a market capitalization of $474.64 billion, a PE ratio of 13.45, a price-to-earnings-growth ratio of 2.86 and a beta of 0.91. The firm has a 50-day simple moving average of $111.35 and a two-hundred day simple moving average of $115.41. The company has a quick ratio of 1.01, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Exxon Mobil Co. has a 52 week low of $100.42 and a 52 week high of $126.34.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.91 by $0.01. The business had revenue of $90.02 billion for the quarter, compared to the consensus estimate of $93.98 billion. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The company’s revenue was down .8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.27 EPS. Analysts forecast that Exxon Mobil Co. will post 7.77 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Thursday, November 14th were given a dividend of $0.99 per share. The ex-dividend date was Thursday, November 14th. This represents a $3.96 annualized dividend and a yield of 3.67%. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.95. Exxon Mobil’s dividend payout ratio (DPR) is 49.32%.

Analyst Ratings Changes

A number of research firms recently commented on XOM. Wolfe Research upped their price objective on Exxon Mobil from $137.00 to $138.00 in a research report on Thursday, October 31st. TD Cowen lowered their price objective on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a research note on Monday, December 16th. Mizuho cut their target price on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating for the company in a research report on Monday, December 16th. UBS Group decreased their price target on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a research report on Thursday, December 12th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating for the company in a research report on Monday, December 16th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $128.84.

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.