Waldron Private Wealth LLC Sells 479 Shares of Exxon Mobil Co. (NYSE:XOM)

Waldron Private Wealth LLC lessened its holdings in Exxon Mobil Co. (NYSE:XOM) by 1.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,577 shares of the oil and gas company’s stock after selling 479 shares during the period. Waldron Private Wealth LLC’s holdings in Exxon Mobil were worth $2,273,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of XOM. TFO TDC LLC bought a new stake in shares of Exxon Mobil during the 4th quarter worth $25,000. Gs Investments Inc. grew its position in shares of Exxon Mobil by 543.5% during the 4th quarter. Gs Investments Inc. now owns 444 shares of the oil and gas company’s stock valued at $37,000 after acquiring an additional 375 shares during the period. Evolution Wealth Advisors LLC increased its stake in shares of Exxon Mobil by 299.3% during the 4th quarter. Evolution Wealth Advisors LLC now owns 575 shares of the oil and gas company’s stock worth $40,000 after purchasing an additional 431 shares during the last quarter. Marquette Asset Management LLC increased its stake in shares of Exxon Mobil by 35.0% during the 3rd quarter. Marquette Asset Management LLC now owns 578 shares of the oil and gas company’s stock worth $41,000 after purchasing an additional 150 shares during the last quarter. Finally, Quantum Capital Management bought a new stake in shares of Exxon Mobil in the 3rd quarter worth approximately $48,000. Institutional investors own 54.48% of the company’s stock.

In related news, CEO Darren W. Woods bought 2,858 shares of the company’s stock in a transaction on Monday, February 10th. The stock was acquired at an average cost of $60.53 per share, for a total transaction of $172,994.74. Following the completion of the transaction, the chief executive officer now directly owns 818,032 shares in the company, valued at approximately $49,515,476.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP David S. Rosenthal sold 9,615 shares of Exxon Mobil stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $69.51, for a total transaction of $668,338.65. 0.05% of the stock is currently owned by company insiders.

Several equities analysts recently commented on the company. Goldman Sachs Group downgraded Exxon Mobil to a “sell” rating in a research note on Tuesday, February 11th. Cowen lowered their target price on Exxon Mobil from $75.00 to $70.00 and set a “market perform” rating on the stock in a research note on Monday, February 3rd. Bank of America restated a “buy” rating and issued a $100.00 target price on shares of Exxon Mobil in a research note on Monday, February 10th. Citigroup dropped their price target on Exxon Mobil from $75.00 to $68.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 14th. Finally, Barclays reiterated a “hold” rating and set a $67.00 price target on shares of Exxon Mobil in a research note on Thursday, January 30th. Four analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and one has given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $74.11.

Shares of XOM stock traded down $0.51 during trading hours on Thursday, reaching $59.83. The stock had a trading volume of 11,372,557 shares, compared to its average volume of 19,293,338. The stock’s fifty day simple moving average is $65.60 and its 200 day simple moving average is $68.64. 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 Co. has a 12 month low of $59.45 and a 12 month high of $83.49. The firm has a market capitalization of $253.36 billion, a PE ratio of 17.81, a PEG ratio of 2.04 and a beta of 1.01.

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

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 11th will be given a $0.87 dividend. The ex-dividend date of this dividend is Monday, February 10th. This represents a $3.48 dividend on an annualized basis and a dividend yield of 5.82%. Exxon Mobil’s dividend payout ratio (DPR) is currently 154.67%.

Exxon Mobil Company Profile

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.

Read More: Portfolio Manager

Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exxon Mobil Co. (NYSE:XOM).

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

Receive News & Ratings for Exxon Mobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil and related companies with MarketBeat.com's FREE daily email newsletter.