MEMBERS Trust Co Increases Stake in Exxon Mobil Co. (XOM)

MEMBERS Trust Co grew its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 10.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 34,802 shares of the oil and gas company’s stock after buying an additional 3,173 shares during the period. Exxon Mobil accounts for approximately 0.2% of MEMBERS Trust Co’s holdings, making the stock its 17th biggest position. MEMBERS Trust Co’s holdings in Exxon Mobil were worth $2,853,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in XOM. Vanguard Group Inc. boosted its stake in Exxon Mobil by 3.5% in the 2nd quarter. Vanguard Group Inc. now owns 309,411,379 shares of the oil and gas company’s stock worth $24,978,780,000 after purchasing an additional 10,366,636 shares in the last quarter. First Eagle Investment Management LLC raised its position in Exxon Mobil by 136,463.4% in the 2nd quarter. First Eagle Investment Management LLC now owns 7,139,533 shares of the oil and gas company’s stock worth $576,374,000 after buying an additional 7,134,305 shares during the last quarter. Harbour Capital Advisors LLC raised its position in Exxon Mobil by 8,029.5% in the 2nd quarter. Harbour Capital Advisors LLC now owns 3,741,755 shares of the oil and gas company’s stock worth $46,349,000 after buying an additional 3,695,728 shares during the last quarter. APG Asset Management N.V. raised its position in Exxon Mobil by 22.7% in the 2nd quarter. APG Asset Management N.V. now owns 11,272,171 shares of the oil and gas company’s stock worth $910,002,000 after buying an additional 2,088,263 shares during the last quarter. Finally, Janus Henderson Group PLC raised its position in Exxon Mobil by 365.5% in the 2nd quarter. Janus Henderson Group PLC now owns 2,658,225 shares of the oil and gas company’s stock worth $214,591,000 after buying an additional 2,087,165 shares during the last quarter. Institutional investors own 51.05% of the company’s stock.

XOM has been the subject of a number of recent analyst reports. Vetr lowered Exxon Mobil from a “buy” rating to a “hold” rating and set a $85.17 target price for the company. in a research report on Friday, October 6th. Royal Bank of Canada reissued a “sector perform” rating on shares of Exxon Mobil in a research report on Friday, November 24th. Barclays reissued an “overweight” rating and issued a $94.00 target price (up previously from $91.00) on shares of Exxon Mobil in a research report on Friday, October 13th. Morgan Stanley reissued an “underperform” rating on shares of Exxon Mobil in a research report on Thursday, October 19th. Finally, BNP Paribas set a $70.00 target price on Exxon Mobil and gave the stock a “sell” rating in a research report on Monday, September 25th. Six analysts have rated the stock with a sell rating, fourteen have given a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $86.36.

In related news, 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 approximately $15,645,464.31. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Robert N. Schleckser sold 5,601 shares of the stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $83.93, for a total transaction of $470,091.93. Following the completion of the sale, the vice president now directly owns 187,663 shares of the company’s stock, valued at $15,750,555.59. The disclosure for this sale can be found here. Insiders have sold a total of 51,357 shares of company stock valued at $4,273,910 in the last ninety days. Insiders own 0.08% of the company’s stock.

Shares of Exxon Mobil Co. (NYSE:XOM) opened at $82.87 on Thursday. Exxon Mobil Co. has a 52-week low of $76.05 and a 52-week high of $91.34. The company has a market cap of $351,425.59, a PE ratio of 23.30, a PEG ratio of 1.74 and a beta of 0.83. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.54 and a current ratio of 0.85.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results 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. Exxon Mobil had a net margin of 5.14% and a return on equity of 8.21%. The firm had revenue of $66.17 billion during the quarter, compared to analyst estimates of $63.51 billion. During the same quarter in the prior year, the firm earned $0.63 EPS. sell-side analysts expect that Exxon Mobil Co. will post 3.65 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Monday, December 11th. Stockholders of record on Monday, November 13th were given a dividend of $0.77 per share. This represents a $3.08 annualized dividend and a dividend yield of 3.72%. The ex-dividend date of this dividend was Friday, November 10th. Exxon Mobil’s payout ratio is currently 100.33%.

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Exxon Mobil 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 (NYSE:XOM)

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