Hutchinson Capital Management CA lowered its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 1.6% during the third quarter, HoldingsChannel reports. The firm owned 89,113 shares of the oil and gas company’s stock after selling 1,450 shares during the period. Exxon Mobil accounts for about 2.0% of Hutchinson Capital Management CA’s portfolio, making the stock its 22nd largest position. Hutchinson Capital Management CA’s holdings in Exxon Mobil were worth $7,306,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Asset Management Advisors LLC grew its stake in Exxon Mobil by 0.3% in the 2nd quarter. Asset Management Advisors LLC now owns 2,515 shares of the oil and gas company’s stock valued at $203,000 after buying an additional 7 shares during the last quarter. Jag Capital Management LLC grew its stake in Exxon Mobil by 0.5% in the 2nd quarter. Jag Capital Management LLC now owns 5,635 shares of the oil and gas company’s stock valued at $455,000 after buying an additional 26 shares during the last quarter. C M Bidwell & Associates Ltd. grew its stake in Exxon Mobil by 1.3% in the 2nd quarter. C M Bidwell & Associates Ltd. now owns 2,430 shares of the oil and gas company’s stock valued at $196,000 after buying an additional 30 shares during the last quarter. Lehman Financial Resources Inc. grew its stake in Exxon Mobil by 0.5% in the 2nd quarter. Lehman Financial Resources Inc. now owns 7,176 shares of the oil and gas company’s stock valued at $579,000 after buying an additional 35 shares during the last quarter. Finally, Intellectus Partners LLC grew its stake in Exxon Mobil by 0.7% in the 2nd quarter. Intellectus Partners LLC now owns 6,152 shares of the oil and gas company’s stock valued at $497,000 after buying an additional 41 shares during the last quarter. Institutional investors and hedge funds own 51.06% of the company’s stock.

Shares of Exxon Mobil Co. (NYSE:XOM) opened at $88.00 on Thursday. The company has a current ratio of 0.85, a quick ratio of 0.54 and a debt-to-equity ratio of 0.13. Exxon Mobil Co. has a 12-month low of $76.05 and a 12-month high of $88.21. The firm has a market cap of $372,870.00, a PE ratio of 28.66, a PEG ratio of 1.37 and a beta of 0.82.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, October 27th. The oil and gas company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.04. Exxon Mobil had a net margin of 5.14% and a return on equity of 8.21%. The business had revenue of $66.17 billion for the quarter, compared to analyst estimates of $63.51 billion. During the same period in the previous year, the business earned $0.63 EPS. analysts anticipate that Exxon Mobil Co. will post 3.68 earnings per share for the current year.

In other news, VP Robert N. Schleckser sold 4,877 shares of Exxon Mobil stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $83.37, for a total transaction of $406,595.49. Following the sale, the vice president now directly owns 187,663 shares in the company, valued at approximately $15,645,464.31. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Robert N. Schleckser sold 5,601 shares of Exxon Mobil stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $83.93, for a total transaction of $470,091.93. Following the sale, the vice president now owns 187,663 shares in the company, valued at $15,750,555.59. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 51,357 shares of company stock worth $4,273,910. 0.08% of the stock is owned by company insiders.

A number of research analysts recently issued reports on the stock. Jefferies Group set a $84.00 target price on shares of Exxon Mobil and gave the company a “hold” rating in a research note on Thursday, October 19th. BMO Capital Markets set a $80.00 target price on shares of Exxon Mobil and gave the company a “hold” rating in a research note on Wednesday, October 18th. Goldman Sachs Group set a $85.00 target price on shares of Exxon Mobil and gave the company a “neutral” rating in a research note on Tuesday, October 3rd. JPMorgan Chase & Co. set a $81.00 target price on shares of Exxon Mobil and gave the company a “neutral” rating in a research note on Tuesday, December 12th. Finally, Zacks Investment Research lowered shares of Exxon Mobil from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 14th. Six investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $86.78.

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About Exxon Mobil

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.

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

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