WINTON GROUP Ltd Has $5.01 Million Position in Exxon Mobil Corporation (XOM)
WINTON GROUP Ltd increased its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 54.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 62,070 shares of the oil and gas company’s stock after purchasing an additional 21,899 shares during the quarter. WINTON GROUP Ltd’s holdings in Exxon Mobil were worth $5,011,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CWH Capital Management Inc. purchased a new stake in Exxon Mobil during the 2nd quarter worth about $114,000. Horan Securities Inc. lifted its holdings in Exxon Mobil by 20.8% during the 2nd quarter. Horan Securities Inc. now owns 1,511 shares of the oil and gas company’s stock worth $122,000 after buying an additional 260 shares during the last quarter. Watermark Asset Management Inc. purchased a new stake in Exxon Mobil during the 1st quarter worth about $136,000. Acrospire Investment Management LLC lifted its holdings in Exxon Mobil by 172.7% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,737 shares of the oil and gas company’s stock worth $140,000 after buying an additional 1,100 shares during the last quarter. Finally, Mitsubishi UFJ Securities Holdings Co. Ltd. lifted its holdings in Exxon Mobil by 2.7% during the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,900 shares of the oil and gas company’s stock worth $153,000 after buying an additional 50 shares during the last quarter. 51.18% of the stock is owned by hedge funds and other institutional investors.
Exxon Mobil Corporation (NYSE:XOM) traded up $0.36 on Thursday, reaching $83.12. The company’s stock had a trading volume of 10,172,600 shares, compared to its average volume of 10,962,847. The company has a current ratio of 0.85, a quick ratio of 0.54 and a debt-to-equity ratio of 0.13. The stock has a market cap of $350,684.06, a P/E ratio of 23.25, a PEG ratio of 1.73 and a beta of 0.83. Exxon Mobil Corporation has a 12-month low of $76.05 and a 12-month high of $92.27.
Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, October 27th. The oil and gas company reported $0.93 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.89 by $0.04. The firm 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 business earned $0.63 EPS. analysts predict that Exxon Mobil Corporation will post 3.65 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Monday, December 11th. Shareholders of record on Monday, November 13th were paid a dividend of $0.77 per share. This represents a $3.08 annualized dividend and a yield of 3.71%. The ex-dividend date of this dividend was Friday, November 10th. Exxon Mobil’s dividend payout ratio is presently 100.33%.
In other Exxon Mobil news, VP Bradley W. Corson sold 19,500 shares of the business’s stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $83.01, for a total transaction of $1,618,695.00. Following the transaction, the vice president now owns 229,774 shares in the company, valued at approximately $19,073,539.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Robert Stuart Franklin sold 22,656 shares of the business’s stock in a transaction that occurred on Monday, September 18th. The stock was 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 disclosure for this sale can be found here. Over the last ninety days, insiders have sold 62,013 shares of company stock valued at $5,084,352. 0.08% of the stock is owned by company insiders.
XOM has been the subject of a number of recent analyst reports. Vetr raised Exxon Mobil from a “hold” rating to a “buy” rating and set a $79.60 price target for the company in a report on Tuesday, August 29th. Piper Jaffray Companies set a $76.00 target price on Exxon Mobil and gave the company a “hold” rating in a report on Friday, August 25th. Goldman Sachs Group set a $86.00 target price on Exxon Mobil and gave the company a “neutral” rating in a report on Monday, October 30th. Royal Bank of Canada set a $90.00 target price on Exxon Mobil and gave the company a “hold” rating in a report on Tuesday, August 29th. Finally, downgraded Exxon Mobil from a “hold” rating to a “reduce” rating and reduced their target price for the company from $83.60 to $77.00 in a report on Tuesday, November 7th. Six investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $86.32.
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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