Lindbrook Capital LLC Sells 128 Shares of Exxon Mobil Co. (NYSE:XOM)

Lindbrook Capital LLC lessened its position in shares of Exxon Mobil Co. (NYSE:XOM) by 0.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,023 shares of the oil and gas company’s stock after selling 128 shares during the period. Lindbrook Capital LLC’s holdings in Exxon Mobil were worth $1,831,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in XOM. Harbor Capital Advisors Inc. purchased a new position in shares of Exxon Mobil in the third quarter worth about $63,000. Falcon Wealth Planning grew its stake in Exxon Mobil by 6.6% in the 3rd quarter. Falcon Wealth Planning now owns 2,982 shares of the oil and gas company’s stock valued at $350,000 after buying an additional 185 shares in the last quarter. Cornerstone Capital Inc. raised its holdings in Exxon Mobil by 4.0% during the 3rd quarter. Cornerstone Capital Inc. now owns 5,880 shares of the oil and gas company’s stock valued at $689,000 after acquiring an additional 228 shares during the period. North Star Investment Management Corp. lifted its position in shares of Exxon Mobil by 11.4% during the third quarter. North Star Investment Management Corp. now owns 66,477 shares of the oil and gas company’s stock worth $7,792,000 after acquiring an additional 6,795 shares in the last quarter. Finally, HF Advisory Group LLC boosted its holdings in shares of Exxon Mobil by 8.5% in the third quarter. HF Advisory Group LLC now owns 18,256 shares of the oil and gas company’s stock worth $2,140,000 after acquiring an additional 1,429 shares during the period. Institutional investors own 61.80% of the company’s stock.

Insider Buying and Selling at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of the company’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the sale, the vice president now directly owns 18,087 shares in the company, valued at $1,989,570. This represents a 10.40 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

XOM has been the topic of a number of analyst reports. JPMorgan Chase & Co. decreased their price objective on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a research note on Monday, December 16th. The Goldman Sachs Group decreased their price target on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a research report on Friday, January 31st. HSBC cut their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a research report on Friday, January 31st. UBS Group decreased their target price on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. Finally, Argus raised shares of Exxon Mobil to a “strong-buy” rating in a report on Tuesday, February 4th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Exxon Mobil presently has a consensus rating of “Moderate Buy” and an average price target of $129.25.

Exxon Mobil Trading Up 2.0 %

Shares of XOM opened at $107.52 on Friday. Exxon Mobil Co. has a fifty-two week low of $103.67 and a fifty-two week high of $126.34. The firm has a market cap of $466.54 billion, a price-to-earnings ratio of 13.71, a PEG ratio of 3.02 and a beta of 0.89. The firm has a 50 day moving average price of $109.00 and a 200-day moving average price of $113.94. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. During the same quarter in the prior year, the company earned $2.48 earnings per share. As a group, equities research analysts forecast that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be paid a $0.99 dividend. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a yield of 3.68%. Exxon Mobil’s dividend payout ratio (DPR) is currently 50.51%.

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.