Exxon Mobil Co. (NYSE:XOM) Stock Holdings Lessened by Csenge Advisory Group

Csenge Advisory Group reduced its holdings in Exxon Mobil Co. (NYSE:XOM) by 31.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 6,964 shares of the oil and gas company’s stock after selling 3,228 shares during the quarter. Csenge Advisory Group’s holdings in Exxon Mobil were worth $486,000 as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. BlackRock Inc. increased its holdings in Exxon Mobil by 0.4% in the 2nd quarter. BlackRock Inc. now owns 280,882,107 shares of the oil and gas company’s stock valued at $21,523,998,000 after purchasing an additional 1,069,038 shares during the last quarter. OLD Point Trust & Financial Services N A increased its holdings in Exxon Mobil by 1.3% in the 3rd quarter. OLD Point Trust & Financial Services N A now owns 75,329 shares of the oil and gas company’s stock valued at $5,319,000 after purchasing an additional 992 shares during the last quarter. Bogart Wealth LLC increased its holdings in Exxon Mobil by 6.6% in the 3rd quarter. Bogart Wealth LLC now owns 376,736 shares of the oil and gas company’s stock valued at $26,601,000 after purchasing an additional 23,445 shares during the last quarter. Navellier & Associates Inc grew its stake in shares of Exxon Mobil by 5.5% in the third quarter. Navellier & Associates Inc now owns 6,002 shares of the oil and gas company’s stock worth $424,000 after acquiring an additional 312 shares in the last quarter. Finally, Biltmore Family Office LLC grew its stake in shares of Exxon Mobil by 36.0% in the third quarter. Biltmore Family Office LLC now owns 92,299 shares of the oil and gas company’s stock worth $6,517,000 after acquiring an additional 24,439 shares in the last quarter. Institutional investors own 54.48% of the company’s stock.

Exxon Mobil stock opened at $60.65 on Friday. The stock has a market cap of $256.62 billion, a P/E ratio of 18.05, a price-to-earnings-growth ratio of 2.04 and a beta of 1.01. The company has a fifty day simple moving average of $66.54 and a 200-day simple moving average of $69.01. Exxon Mobil Co. has a 12-month low of $59.62 and a 12-month high of $83.49. The company has a current ratio of 0.78, a quick ratio of 0.50 and a debt-to-equity ratio of 0.13.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.33 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.44 by $0.89. Exxon Mobil had a net margin of 5.41% and a return on equity of 5.11%. The business had revenue of $67.17 billion during the quarter, compared to analysts’ expectations of $64.58 billion. During the same period in the previous year, the company earned $1.41 EPS. The company’s revenue for the quarter was down 6.6% on a year-over-year basis. As a group, sell-side analysts forecast that Exxon Mobil Co. will post 3.17 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 11th will be given a $0.87 dividend. The ex-dividend date is Monday, February 10th. This represents a $3.48 dividend on an annualized basis and a yield of 5.74%. Exxon Mobil’s dividend payout ratio (DPR) is presently 154.67%.

XOM has been the subject of several research reports. Cfra dropped their price target on shares of Exxon Mobil from $73.00 to $69.00 and set a “hold” rating for the company in a research note on Friday, January 31st. Royal Bank of Canada dropped their price target on shares of Exxon Mobil from $75.00 to $70.00 and set a “sector perform” rating for the company in a research note on Thursday, January 16th. Citigroup dropped their price target on shares of Exxon Mobil from $75.00 to $68.00 and set a “neutral” rating for the company in a research note on Tuesday, January 14th. Credit Suisse Group dropped their price target on shares of Exxon Mobil from $70.00 to $65.00 and set a “neutral” rating for the company in a research note on Monday, February 3rd. Finally, Barclays restated a “hold” rating and issued a $67.00 price target on shares of Exxon Mobil in a research note on Thursday, January 30th. Four research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $74.11.

In other Exxon Mobil news, VP David S. Rosenthal sold 9,615 shares of Exxon Mobil stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $69.51, for a total value of $668,338.65. Also, CEO Darren W. Woods acquired 2,858 shares of the company’s stock in a transaction on Monday, February 10th. The stock was acquired at an average price of $60.53 per share, for a total transaction of $172,994.74. Following the completion of the purchase, the chief executive officer now owns 818,032 shares of the company’s stock, valued at approximately $49,515,476.96. The disclosure for this purchase can be found here. 0.05% of the stock is owned by insiders.

About Exxon Mobil

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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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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