Sepio Capital LP Trims Stock Position in Exxon Mobil Co. (NYSE:XOM)

Sepio Capital LP trimmed its stake in Exxon Mobil Co. (NYSE:XOM) by 15.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,026 shares of the oil and gas company’s stock after selling 902 shares during the period. Sepio Capital LP’s holdings in Exxon Mobil were worth $541,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Fairway Wealth LLC bought a new position in shares of Exxon Mobil in the 4th quarter worth approximately $31,000. Keystone Financial Group Inc. purchased a new position in Exxon Mobil during the fourth quarter valued at $36,000. Retirement Wealth Solutions LLC bought a new stake in shares of Exxon Mobil during the 4th quarter valued at $46,000. Compass Planning Associates Inc purchased a new stake in shares of Exxon Mobil in the 4th quarter worth about $47,000. Finally, Synergy Investment Management LLC bought a new position in shares of Exxon Mobil in the 4th quarter worth about $47,000. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Price Performance

Shares of NYSE:XOM opened at $104.17 on Monday. The firm’s 50 day moving average price is $111.16 and its 200-day moving average price is $113.81. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $452.01 billion, a PE ratio of 13.29, a price-to-earnings-growth ratio of 3.02 and a beta of 0.60. Exxon Mobil Co. has a twelve month low of $98.75 and a twelve month high of $126.34.

Exxon Mobil (NYSE:XOM) last issued 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 previous year, the firm posted $2.48 EPS. Equities research analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th were issued a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.80%. The ex-dividend date was Wednesday, February 12th. Exxon Mobil’s dividend payout ratio is presently 50.51%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on XOM shares. Bernstein Bank upped their price objective on shares of Exxon Mobil from $138.00 to $144.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. TD Cowen reduced their price objective on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a research report on Monday, December 16th. Morgan Stanley lowered their price objective on Exxon Mobil from $141.00 to $138.00 and set an “overweight” rating for the company in a research note on Thursday, March 27th. HSBC cut their target price on Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a research note on Friday, January 31st. Finally, JPMorgan Chase & Co. dropped their price target on shares of Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a research note on Monday, December 16th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Exxon Mobil currently has an average rating of “Moderate Buy” and an average price target of $128.80.

Insiders Place Their Bets

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

Exxon Mobil Company Profile

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.