Fi3 FINANCIAL ADVISORS LLC Sells 528 Shares of Exxon Mobil Co. (NYSE:XOM)

Fi3 FINANCIAL ADVISORS LLC lowered its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 6.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 7,151 shares of the oil and gas company’s stock after selling 528 shares during the quarter. Fi3 FINANCIAL ADVISORS LLC’s holdings in Exxon Mobil were worth $715,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. SYM FINANCIAL Corp increased its position in shares of Exxon Mobil by 16.9% during the 4th quarter. SYM FINANCIAL Corp now owns 3,849 shares of the oil and gas company’s stock worth $385,000 after purchasing an additional 556 shares in the last quarter. Kerntke Otto McGlone Wealth Management Group increased its holdings in shares of Exxon Mobil by 4.6% during the fourth quarter. Kerntke Otto McGlone Wealth Management Group now owns 10,227 shares of the oil and gas company’s stock worth $1,023,000 after buying an additional 449 shares in the last quarter. NavPoint Financial Inc. bought a new position in shares of Exxon Mobil in the fourth quarter valued at approximately $774,000. NTV Asset Management LLC boosted its holdings in shares of Exxon Mobil by 1.4% in the 4th quarter. NTV Asset Management LLC now owns 69,455 shares of the oil and gas company’s stock worth $6,944,000 after acquiring an additional 949 shares in the last quarter. Finally, Connecticut Wealth Management LLC grew its position in Exxon Mobil by 2.6% during the 4th quarter. Connecticut Wealth Management LLC now owns 11,208 shares of the oil and gas company’s stock worth $1,121,000 after acquiring an additional 279 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on XOM shares. Redburn Atlantic raised Exxon Mobil from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $116.00 to $119.00 in a research note on Tuesday, January 9th. Mizuho reissued a “neutral” rating and set a $125.00 price objective on shares of Exxon Mobil in a report on Thursday, April 4th. HSBC boosted their target price on shares of Exxon Mobil from $111.00 to $120.00 and gave the stock a “hold” rating in a research note on Tuesday. Scotiabank increased their price target on shares of Exxon Mobil from $114.00 to $129.00 and gave the company a “sector perform” rating in a research note on Thursday, April 11th. Finally, TD Cowen upped their price objective on Exxon Mobil from $128.00 to $135.00 and gave the stock a “buy” rating in a report on Tuesday. Eight investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat.com, Exxon Mobil presently has a consensus rating of “Moderate Buy” and a consensus target price of $134.06.

Insider Activity

In other Exxon Mobil news, VP Darrin L. Talley sold 2,426 shares of Exxon Mobil stock in a transaction on Monday, April 29th. The shares were sold at an average price of $119.01, for a total value of $288,718.26. Following the sale, the vice president now directly owns 25,363 shares in the company, valued at approximately $3,018,450.63. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Exxon Mobil news, VP Darrin L. Talley sold 2,400 shares of the firm’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total value of $252,000.00. Following the completion of the transaction, the vice president now directly owns 30,189 shares in the company, valued at $3,169,845. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Darrin L. Talley sold 2,426 shares of the company’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $119.01, for a total value of $288,718.26. Following the sale, the vice president now owns 25,363 shares in the company, valued at approximately $3,018,450.63. The disclosure for this sale can be found here. Corporate insiders own 0.03% of the company’s stock.

Exxon Mobil Trading Down 0.2 %

Shares of XOM stock traded down $0.24 on Friday, hitting $116.00. The stock had a trading volume of 28,023,313 shares, compared to its average volume of 18,518,412. The company has a current ratio of 1.38, a quick ratio of 1.06 and a debt-to-equity ratio of 0.15. Exxon Mobil Co. has a twelve month low of $95.77 and a twelve month high of $123.75. The company has a fifty day moving average price of $114.65 and a two-hundred day moving average price of $106.96. The firm has a market cap of $457.39 billion, a P/E ratio of 14.22, a PEG ratio of 4.03 and a beta of 0.96.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share for the quarter, missing analysts’ consensus estimates of $2.19 by ($0.13). Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The company had revenue of $83.08 billion during the quarter, compared to the consensus estimate of $79.69 billion. During the same period in the previous year, the firm posted $2.83 EPS. The business’s quarterly revenue was down 4.0% compared to the same quarter last year. As a group, analysts forecast that Exxon Mobil Co. will post 9.61 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Wednesday, May 15th will be paid a $0.95 dividend. This represents a $3.80 annualized dividend and a dividend yield of 3.28%. The ex-dividend date is Tuesday, May 14th. Exxon Mobil’s dividend payout ratio is 46.57%.

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.