Two Sigma Securities LLC bought a new position in Exxon Mobil Corporation (NYSE:XOM) during the first quarter, Holdings Channel reports. The firm bought 9,195 shares of the oil and gas company’s stock, valued at approximately $754,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in XOM. Thomas J. Herzfeld Advisors Inc. purchased a new position in Exxon Mobil Corporation during the fourth quarter worth $101,000. Horan Securities Inc. purchased a new position in Exxon Mobil Corporation during the first quarter worth $102,000. Mitsubishi UFJ Securities Holdings Co. Ltd. raised its position in Exxon Mobil Corporation by 13.5% in the first quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,850 shares of the oil and gas company’s stock worth $152,000 after buying an additional 220 shares in the last quarter. Cordasco Financial Network raised its position in 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 worth $191,000 after buying an additional 15 shares in the last quarter. Finally, Diversified Portfolios Inc. purchased a new position in Exxon Mobil Corporation during the first quarter worth $224,000. 50.59% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Corporation (XOM) traded down 0.96% during mid-day trading on Friday, hitting $78.21. 10,192,375 shares of the stock traded hands. The company has a 50 day moving average price of $80.50 and a 200-day moving average price of $81.75. The stock has a market capitalization of $331.38 billion, a PE ratio of 28.19 and a beta of 0.81. Exxon Mobil Corporation has a one year low of $78.20 and a one year high of $93.22.

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

The company also recently announced a quarterly dividend, which will be paid on Monday, September 11th. Stockholders of record on Monday, August 14th will be given a $0.77 dividend. This represents a $3.08 annualized dividend and a dividend yield of 3.94%. The ex-dividend date of this dividend is Thursday, August 10th. Exxon Mobil Corporation’s payout ratio is presently 111.19%.

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A number of research analysts have weighed in on XOM shares. Royal Bank Of Canada reissued a “buy” rating and set a $96.00 target price on shares of Exxon Mobil Corporation in a research report on Tuesday, April 25th. Bank of America Corporation raised shares of Exxon Mobil Corporation from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $95.00 to $100.00 in a research report on Thursday, May 11th. Scotiabank raised shares of Exxon Mobil Corporation from a “sector perform” rating to a “buy” rating and boosted their target price for the stock from $85.00 to $86.00 in a research report on Monday, June 5th. Vetr lowered shares of Exxon Mobil Corporation from a “strong-buy” rating to a “buy” rating and set a $89.71 target price for the company. in a research report on Tuesday, June 6th. Finally, Societe Generale set a $95.00 target price on shares of Exxon Mobil Corporation and gave the stock a “buy” rating in a research report on Friday, July 14th. Eight equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $84.98.

In other news, Director Steven Reinemund sold 1,100 shares of the business’s stock in a transaction that occurred on Friday, August 4th. The shares were sold at an average price of $80.23, for a total value of $88,253.00. Following the completion of the transaction, the director now directly owns 43,125 shares in the company, valued at approximately $3,459,918.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.08% of the stock is currently owned by 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.

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

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