Keystone Financial Planning Inc. Has $5.20 Million Holdings in Exxon Mobil Corporation (XOM)
Keystone Financial Planning Inc. raised its position in Exxon Mobil Corporation (NYSE:XOM) by 4.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 64,428 shares of the oil and gas company’s stock after buying an additional 2,919 shares during the period. Exxon Mobil Corporation accounts for 3.1% of Keystone Financial Planning Inc.’s investment portfolio, making the stock its 14th biggest holding. Keystone Financial Planning Inc.’s holdings in Exxon Mobil Corporation were worth $5,201,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of XOM. CNA Financial Corp grew its position in shares of Exxon Mobil Corporation by 23.1% during the 1st quarter. CNA Financial Corp now owns 19,875 shares of the oil and gas company’s stock valued at $1,630,000 after acquiring an additional 3,725 shares during the period. Two Sigma Securities LLC bought a new position in shares of Exxon Mobil Corporation during the 1st quarter valued at approximately $754,000. Doyle Wealth Management grew its position in shares of Exxon Mobil Corporation by 2.7% during the 2nd quarter. Doyle Wealth Management now owns 259,322 shares of the oil and gas company’s stock valued at $20,935,000 after acquiring an additional 6,921 shares during the period. Shell Asset Management Co. grew its position in shares of Exxon Mobil Corporation by 1.6% during the 2nd quarter. Shell Asset Management Co. now owns 808,400 shares of the oil and gas company’s stock valued at $65,262,000 after acquiring an additional 12,362 shares during the period. Finally, Holderness Investments Co. grew its position in shares of Exxon Mobil Corporation by 48.1% during the 1st quarter. Holderness Investments Co. now owns 48,307 shares of the oil and gas company’s stock valued at $3,962,000 after acquiring an additional 15,687 shares during the period. Hedge funds and other institutional investors own 50.76% of the company’s stock.
COPYRIGHT VIOLATION WARNING: “Keystone Financial Planning Inc. Has $5.20 Million Holdings in Exxon Mobil Corporation (XOM)” was posted by Watch List News and is owned by of Watch List News. If you are reading this piece on another publication, it was copied illegally and republished in violation of United States and international copyright & trademark legislation. The legal version of this piece can be viewed at https://www.watchlistnews.com/keystone-financial-planning-inc-has-5-20-million-holdings-in-exxon-mobil-corporation-xom/1718871.html.
XOM has been the subject of a number of research reports. Vetr raised shares of Exxon Mobil Corporation from a “hold” rating to a “buy” rating and set a $79.60 target price for the company in a research report on Tuesday, August 29th. Piper Jaffray Companies set a $76.00 price objective on shares of Exxon Mobil Corporation and gave the stock a “hold” rating in a report on Friday, August 25th. Royal Bank Of Canada set a $90.00 price objective on shares of Exxon Mobil Corporation and gave the stock a “hold” rating in a report on Tuesday, August 29th. Goldman Sachs Group, Inc. (The) set a $86.00 price objective on shares of Exxon Mobil Corporation and gave the stock a “neutral” rating in a report on Monday, October 30th. Finally, Zacks Investment Research raised shares of Exxon Mobil Corporation from a “hold” rating to a “buy” rating and set a $93.00 price objective for the company in a report on Thursday, October 26th. Six equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $85.78.
In related news, VP Robert Stuart Franklin sold 22,656 shares of Exxon Mobil Corporation stock in a transaction on Monday, September 18th. The shares were sold at an average price of $79.76, for a total value of $1,807,042.56. Following the transaction, the vice president now owns 231,572 shares in the company, valued at approximately $18,470,182.72. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.08% of the stock is owned by company insiders.
Exxon Mobil Corporation (NYSE XOM) opened at $80.87 on Wednesday. The company has a market cap of $342,650.00, a price-to-earnings ratio of 22.54, a P/E/G ratio of 1.69 and a beta of 0.83. Exxon Mobil Corporation has a 52-week low of $76.05 and a 52-week high of $93.22. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.85 and a quick ratio of 0.54.
Exxon Mobil Corporation (NYSE:XOM) last issued its earnings results on Friday, October 27th. The oil and gas company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.04. The company had revenue of $66.17 billion for the quarter, compared to analysts’ expectations of $63.51 billion. Exxon Mobil Corporation had a net margin of 5.14% and a return on equity of 8.21%. During the same quarter last year, the company earned $0.63 EPS. analysts forecast that Exxon Mobil Corporation will post 3.62 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, December 11th. Investors of record on Monday, November 13th will be given a $0.77 dividend. This represents a $3.08 dividend on an annualized basis and a yield of 3.81%. The ex-dividend date of this dividend is Friday, November 10th. Exxon Mobil Corporation’s payout ratio is presently 100.33%.
Exxon Mobil Corporation Company 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.
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 Corporation (NYSE:XOM).
Receive News & Ratings for Exxon Mobil Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.