Weatherstone Capital Management reduced its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 48.0% during the 3rd quarter, HoldingsChannel reports. The fund owned 5,178 shares of the oil and gas company’s stock after selling 4,785 shares during the period. Weatherstone Capital Management’s holdings in Exxon Mobil were worth $425,000 as of its most recent SEC filing.
Several other institutional investors also recently bought and sold shares of XOM. Asset Management Advisors LLC raised its position in shares of Exxon Mobil by 0.3% during the second quarter. Asset Management Advisors LLC now owns 2,515 shares of the oil and gas company’s stock valued at $203,000 after buying an additional 7 shares during the last quarter. C M Bidwell & Associates Ltd. raised its position in shares of Exxon Mobil by 1.3% during the second quarter. C M Bidwell & Associates Ltd. now owns 2,430 shares of the oil and gas company’s stock valued at $196,000 after buying an additional 30 shares during the last quarter. Lehman Financial Resources Inc. raised its position in shares of Exxon Mobil by 0.5% during the second quarter. Lehman Financial Resources Inc. now owns 7,176 shares of the oil and gas company’s stock valued at $579,000 after buying an additional 35 shares during the last quarter. Intellectus Partners LLC raised its position in shares of Exxon Mobil by 0.7% during the second quarter. Intellectus Partners LLC now owns 6,152 shares of the oil and gas company’s stock valued at $497,000 after buying an additional 41 shares during the last quarter. Finally, Bellwether Investment Group LLC raised its position in shares of Exxon Mobil by 1.3% during the second quarter. Bellwether Investment Group LLC now owns 3,355 shares of the oil and gas company’s stock valued at $271,000 after buying an additional 44 shares during the last quarter. Institutional investors and hedge funds own 53.18% of the company’s stock.
In other Exxon Mobil news, VP Neil A. Chapman sold 12,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $83.05, for a total value of $996,600.00. Following the transaction, the vice president now directly owns 291,385 shares of the company’s stock, valued at $24,199,524.25. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.08% of the stock is currently owned by company insiders.
Exxon Mobil Co. (NYSE XOM) opened at $75.39 on Tuesday. Exxon Mobil Co. has a 52 week low of $73.56 and a 52 week high of $89.30. The stock has a market cap of $318,830.00, a P/E ratio of 23.29, a price-to-earnings-growth ratio of 1.02 and a beta of 0.91. The company has a quick ratio of 0.52, a current ratio of 0.82 and a debt-to-equity ratio of 0.13.
Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data on Friday, February 2nd. The oil and gas company reported $0.88 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.06 by ($0.18). Exxon Mobil had a net margin of 7.61% and a return on equity of 8.00%. The business had revenue of $66.52 billion during the quarter, compared to the consensus estimate of $74.41 billion. During the same period in the previous year, the business posted $0.41 earnings per share. Exxon Mobil’s revenue was up 9.0% compared to the same quarter last year. equities research analysts predict that Exxon Mobil Co. will post 4.81 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 9th. Shareholders of record on Monday, February 12th were paid a $0.77 dividend. The ex-dividend date of this dividend was Friday, February 9th. This represents a $3.08 dividend on an annualized basis and a yield of 4.09%. Exxon Mobil’s payout ratio is presently 95.36%.
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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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