Nottingham Advisors Inc. decreased its position in shares of Exxon Mobil Corporation (NYSE:XOM) by 5.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,546 shares of the oil and gas company’s stock after selling 350 shares during the period. Nottingham Advisors Inc.’s holdings in Exxon Mobil Corporation were worth $455,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in XOM. Thomas J. Herzfeld Advisors Inc. acquired a new position in shares of Exxon Mobil Corporation during the fourth quarter valued at $101,000. Horan Securities Inc. acquired a new position in shares of Exxon Mobil Corporation during the first quarter valued at $102,000. Cordasco Financial Network raised its position in shares of Exxon Mobil Corporation by 0.6% in the first quarter. Cordasco Financial Network now owns 2,332 shares of the oil and gas company’s stock valued at $191,000 after buying an additional 15 shares in the last quarter. Colorado Capital Management Inc. acquired a new position in shares of Exxon Mobil Corporation during the first quarter valued at $235,000. Finally, Hartree Partners LP acquired a new position in shares of Exxon Mobil Corporation during the fourth quarter valued at $237,000. Institutional investors and hedge funds own 50.81% of the company’s stock.

Exxon Mobil Corporation (NYSE:XOM) traded up 0.243% on Thursday, reaching $76.285. The company had a trading volume of 3,495,078 shares. Exxon Mobil Corporation has a 52-week low of $76.05 and a 52-week high of $93.22. The stock has a market capitalization of $323.23 billion, a PE ratio of 27.500 and a beta of 0.81. The stock has a 50 day moving average price of $79.36 and a 200 day moving average price of $81.22.

Exxon Mobil Corporation (NYSE:XOM) last issued its quarterly earnings data on Friday, July 28th. The oil and gas company reported $0.78 EPS for the quarter, missing analysts’ consensus estimates of $0.83 by $0.05. Exxon Mobil Corporation had a return on equity of 7.62% and a net margin of 4.75%. The company had revenue of $62.88 billion for the quarter, compared to the consensus estimate of $61.35 billion. During the same period in the prior year, the company earned $0.41 EPS. The firm’s revenue was up 9.0% compared to the same quarter last year. Analysts expect that Exxon Mobil Corporation will post $3.42 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 11th. Shareholders of record on Monday, August 14th will be issued a dividend of $0.77 per share. This represents a $3.08 dividend on an annualized basis and a yield of 4.05%. The ex-dividend date of this dividend is Thursday, August 10th. Exxon Mobil Corporation’s dividend payout ratio is currently 111.19%.

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Several equities analysts recently weighed in on XOM shares. Bank of America Corporation upgraded Exxon Mobil Corporation from a “neutral” rating to a “buy” rating and lifted their price target for the company from $95.00 to $100.00 in a research note on Thursday, May 11th. Maxim Group started coverage on Exxon Mobil Corporation in a research note on Thursday, May 11th. They issued a “hold” rating for the company. Royal Bank Of Canada set a $96.00 price target on Exxon Mobil Corporation and gave the company a “buy” rating in a research note on Thursday, May 11th. Jefferies Group LLC restated a “hold” rating and issued a $86.00 price target on shares of Exxon Mobil Corporation in a research note on Wednesday, May 17th. Finally, Argus restated a “focus list” rating and issued a $104.00 price target (up previously from $91.00) on shares of Exxon Mobil Corporation in a research note on Thursday, May 18th. Eight research analysts have rated the stock with a sell rating, fifteen have issued a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. Exxon Mobil Corporation currently has an average rating of “Hold” and an average price target of $84.37.

In other Exxon Mobil Corporation news, Director Steven Reinemund sold 1,100 shares of the stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $80.23, for a total transaction of $88,253.00. Following the sale, the director now owns 43,125 shares of the company’s stock, valued at approximately $3,459,918.75. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.08% of the stock is owned by corporate insiders.

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.

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

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