Seizert Capital Partners LLC lessened its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 6.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 208,559 shares of the oil and gas company’s stock after selling 14,756 shares during the quarter. Seizert Capital Partners LLC’s holdings in Exxon Mobil were worth $17,098,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the company. Villere ST Denis J & Co. LLC increased its stake in shares of Exxon Mobil by 68.2% during the third quarter. Villere ST Denis J & Co. LLC now owns 15,581 shares of the oil and gas company’s stock worth $1,277,000 after buying an additional 6,317 shares during the period. Palisade Capital Management LLC NJ increased its stake in shares of Exxon Mobil by 10.5% during the third quarter. Palisade Capital Management LLC NJ now owns 40,560 shares of the oil and gas company’s stock worth $3,325,000 after buying an additional 3,870 shares during the period. McKinley Carter Wealth Services Inc. increased its stake in shares of Exxon Mobil by 6.3% during the third quarter. McKinley Carter Wealth Services Inc. now owns 37,313 shares of the oil and gas company’s stock worth $3,059,000 after buying an additional 2,220 shares during the period. Berkshire Asset Management LLC PA increased its stake in shares of Exxon Mobil by 38.3% during the third quarter. Berkshire Asset Management LLC PA now owns 296,709 shares of the oil and gas company’s stock worth $24,324,000 after buying an additional 82,187 shares during the period. Finally, Thompson Davis & CO. Inc. increased its stake in shares of Exxon Mobil by 388.8% during the third quarter. Thompson Davis & CO. Inc. now owns 4,927 shares of the oil and gas company’s stock worth $404,000 after buying an additional 3,919 shares during the period. 51.06% of the stock is currently owned by institutional investors and hedge funds.

A number of research firms recently weighed in on XOM. HSBC set a $80.00 target price on shares of Exxon Mobil and gave the stock a “sell” rating in a research note on Thursday. Zacks Investment Research upgraded shares of Exxon Mobil from a “hold” rating to a “buy” rating and set a $98.00 target price on the stock in a research note on Saturday, January 13th. Vetr upgraded shares of Exxon Mobil from a “sell” rating to a “hold” rating and set a $87.50 target price on the stock in a research note on Tuesday, January 16th. Jefferies Group set a $90.00 target price on shares of Exxon Mobil and gave the stock a “neutral” rating in a research note on Friday. Finally, JPMorgan Chase & Co. set a $83.00 target price on shares of Exxon Mobil and gave the stock a “neutral” rating in a research note on Monday, January 8th. Seven investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the stock. Exxon Mobil presently has an average rating of “Hold” and a consensus target price of $86.71.

In other news, VP Bradley W. Corson sold 19,500 shares of the 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 directly owns 229,774 shares of the company’s stock, valued at $19,073,539.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Robert N. Schleckser sold 4,877 shares of the stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $83.37, for a total value of $406,595.49. Following the completion of the sale, the vice president now directly owns 187,663 shares of the company’s stock, valued at $15,645,464.31. The disclosure for this sale can be found here. Insiders sold 51,357 shares of company stock valued at $4,273,910 over the last three months. Corporate insiders own 0.08% of the company’s stock.

Shares of Exxon Mobil Co. (NYSE:XOM) opened at $87.15 on Friday. The firm has a market capitalization of $369,260.00, a P/E ratio of 28.39, a PEG ratio of 1.34 and a beta of 0.82. Exxon Mobil Co. has a fifty-two week low of $76.05 and a fifty-two week high of $88.21. The company has a quick ratio of 0.54, a current ratio of 0.85 and a debt-to-equity ratio of 0.13.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, October 27th. The oil and gas company reported $0.93 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.89 by $0.04. The business had revenue of $66.17 billion during the quarter, compared to the consensus estimate of $63.51 billion. Exxon Mobil had a return on equity of 8.21% and a net margin of 5.14%. During the same period in the prior year, the company earned $0.63 earnings per share. sell-side analysts predict that Exxon Mobil Co. will post 3.68 EPS for the current fiscal year.

TRADEMARK VIOLATION WARNING: “Seizert Capital Partners LLC Trims Stake in Exxon Mobil Co. (XOM)” was originally posted by Watch List News and is owned by of Watch List News. If you are accessing this article on another publication, it was copied illegally and republished in violation of United States & international trademark & copyright laws. The legal version of this article can be read at https://www.watchlistnews.com/seizert-capital-partners-llc-trims-stake-in-exxon-mobil-co-xom/1816749.html.

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.

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 Co. (NYSE:XOM).

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

Receive News & Ratings for Exxon Mobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil and related companies with MarketBeat.com's FREE daily email newsletter.