First National Bank of Mount Dora Trust Investment Services reduced its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 5.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 37,645 shares of the oil and gas company’s stock after selling 2,005 shares during the quarter. First National Bank of Mount Dora Trust Investment Services’ holdings in Exxon Mobil were worth $3,086,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in XOM. CWH Capital Management Inc. bought a new position in Exxon Mobil in the second quarter valued at about $114,000. Horan Securities Inc. increased its stake in shares of Exxon Mobil by 20.8% in the second quarter. Horan Securities Inc. now owns 1,511 shares of the oil and gas company’s stock valued at $122,000 after buying an additional 260 shares during the period. Acrospire Investment Management LLC increased its stake in shares of Exxon Mobil by 172.7% in the second quarter. Acrospire Investment Management LLC now owns 1,737 shares of the oil and gas company’s stock valued at $140,000 after buying an additional 1,100 shares during the period. Mitsubishi UFJ Securities Holdings Co. Ltd. increased its stake in shares of Exxon Mobil by 2.7% in the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,900 shares of the oil and gas company’s stock valued at $153,000 after buying an additional 50 shares during the period. Finally, Mountain Capital Investment Advisors Inc acquired a new stake in shares of Exxon Mobil in the second quarter valued at about $175,000. Institutional investors and hedge funds own 51.05% of the company’s stock.

Shares of Exxon Mobil Co. (XOM) opened at $82.44 on Wednesday. Exxon Mobil Co. has a one year low of $76.05 and a one year high of $91.34. The company has a market capitalization of $349,310.00, a P/E ratio of 23.32, a P/E/G ratio of 1.74 and a beta of 0.82. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.54 and a current ratio of 0.85.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, October 27th. The oil and gas company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.89 by $0.04. Exxon Mobil had a return on equity of 8.21% and a net margin of 5.14%. The business had revenue of $66.17 billion during the quarter, compared to analysts’ expectations of $63.51 billion. During the same quarter last year, the firm posted $0.63 earnings per share. analysts forecast that Exxon Mobil Co. will post 3.65 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Monday, December 11th. Investors of record on Monday, November 13th were paid a dividend of $0.77 per share. The ex-dividend date was Friday, November 10th. This represents a $3.08 annualized dividend and a yield of 3.74%. Exxon Mobil’s dividend payout ratio is currently 100.33%.

In other Exxon Mobil news, VP Bradley W. Corson sold 19,500 shares of the firm’s stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $83.01, for a total value of $1,618,695.00. Following the completion of the sale, the vice president now owns 229,774 shares of the company’s stock, valued at $19,073,539.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Neil A. Chapman sold 12,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $83.05, for a total value of $996,600.00. Following the completion of the sale, the vice president now directly owns 291,385 shares of the company’s stock, valued at approximately $24,199,524.25. The disclosure for this sale can be found here. Insiders have sold 51,357 shares of company stock valued at $4,273,910 in the last ninety days. 0.08% of the stock is currently owned by insiders.

Several equities research analysts have recently weighed in on the company. Vetr cut Exxon Mobil from a “buy” rating to a “hold” rating and set a $85.17 price target for the company. in a research note on Friday, October 6th. Royal Bank of Canada reissued a “sector perform” rating on shares of Exxon Mobil in a research note on Friday, November 24th. Societe Generale set a $95.00 price target on Exxon Mobil and gave the company a “buy” rating in a research note on Monday, September 18th. Morgan Stanley reissued an “underperform” rating on shares of Exxon Mobil in a research note on Thursday, October 19th. Finally, Zacks Investment Research cut Exxon Mobil from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 14th. Six equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company. The company has an average rating of “Hold” and an average target price of $86.32.

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Exxon Mobil Profile

Exxon Mobil Corporation is engaged in energy business. The Company is engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products. The Company also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty products.

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

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