Exxon Mobil Co. (NYSE:XOM) Shares Sold by Mason Street Advisors LLC

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Mason Street Advisors LLC lessened its position in Exxon Mobil Co. (NYSE:XOM) by 0.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 602,795 shares of the oil and gas company’s stock after selling 632 shares during the period. Exxon Mobil comprises about 0.9% of Mason Street Advisors LLC’s holdings, making the stock its 11th biggest position. Mason Street Advisors LLC’s holdings in Exxon Mobil were worth $42,563,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Sigma Investment Counselors Inc. increased its position in Exxon Mobil by 0.4% during the second quarter. Sigma Investment Counselors Inc. now owns 35,823 shares of the oil and gas company’s stock worth $2,745,000 after purchasing an additional 142 shares during the last quarter. Riverstone Advisors LLC grew its stake in Exxon Mobil by 0.5% during the second quarter. Riverstone Advisors LLC now owns 30,657 shares of the oil and gas company’s stock worth $2,349,000 after buying an additional 142 shares during the period. Alpha Windward LLC grew its stake in Exxon Mobil by 3.1% during the second quarter. Alpha Windward LLC now owns 4,830 shares of the oil and gas company’s stock worth $364,000 after buying an additional 144 shares during the period. Saratoga Research & Investment Management grew its stake in Exxon Mobil by 4.1% during the second quarter. Saratoga Research & Investment Management now owns 3,725 shares of the oil and gas company’s stock worth $285,000 after buying an additional 145 shares during the period. Finally, Jupiter Wealth Management LLC grew its stake in Exxon Mobil by 0.4% during the second quarter. Jupiter Wealth Management LLC now owns 40,712 shares of the oil and gas company’s stock worth $3,073,000 after buying an additional 145 shares during the period. 54.39% of the stock is owned by institutional investors and hedge funds.

Several equities research analysts have issued reports on the stock. Barclays assumed coverage on shares of Exxon Mobil in a research note on Monday, August 19th. They set an “equal weight” rating and a $73.00 price objective for the company. Independent Research set a $74.00 price objective on shares of Exxon Mobil and gave the stock a “neutral” rating in a research note on Thursday, August 29th. Berenberg Bank restated a “neutral” rating and issued a $63.00 target price on shares of Exxon Mobil in a research note on Friday, November 1st. Royal Bank of Canada restated a “neutral” rating and issued a $75.00 target price on shares of Exxon Mobil in a research note on Friday, November 1st. Finally, Jefferies Financial Group restated a “neutral” rating and issued a $76.00 target price on shares of Exxon Mobil in a research note on Friday, November 1st. Three analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and five have issued a buy rating to the company’s stock. Exxon Mobil currently has a consensus rating of “Hold” and a consensus price target of $78.91.

NYSE XOM traded down $1.09 during trading hours on Tuesday, reaching $69.25. 7,087,553 shares of the company traded hands, compared to its average volume of 11,515,030. Exxon Mobil Co. has a 12 month low of $64.65 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. The stock has a market capitalization of $299.44 billion, a PE ratio of 14.05, a PEG ratio of 2.70 and a beta of 0.97. The company has a 50 day moving average of $69.55 and a two-hundred day moving average of $72.87.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, November 1st. The oil and gas company reported $0.68 EPS for the quarter, beating the Zacks’ consensus estimate of $0.64 by $0.04. The firm had revenue of $65.05 billion for the quarter, compared to the consensus estimate of $65.86 billion. Exxon Mobil had a net margin of 5.43% and a return on equity of 7.45%. The firm’s revenue was down 15.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.82 EPS. On average, equities research analysts anticipate that Exxon Mobil Co. will post 2.61 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Tuesday, November 12th will be issued a dividend of $0.87 per share. The ex-dividend date is Friday, November 8th. This represents a $3.48 dividend on an annualized basis and a dividend yield of 5.03%. Exxon Mobil’s dividend payout ratio (DPR) is 70.59%.

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.

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

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