Calamos Advisors LLC Purchases 75,315 Shares of Exxon Mobil Co. (XOM)

Calamos Advisors LLC raised its position in shares of Exxon Mobil Co. (NYSE:XOM) by 5.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 1,462,707 shares of the oil and gas company’s stock after buying an additional 75,315 shares during the quarter. Exxon Mobil makes up 0.7% of Calamos Advisors LLC’s investment portfolio, making the stock its 27th largest position. Calamos Advisors LLC’s holdings in Exxon Mobil were worth $99,742,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Cerebellum GP LLC grew its stake in shares of Exxon Mobil by 3,424.1% during the 4th quarter. Cerebellum GP LLC now owns 1,022 shares of the oil and gas company’s stock valued at $70,000 after purchasing an additional 993 shares during the period. WESPAC Advisors SoCal LLC bought a new stake in shares of Exxon Mobil during the 3rd quarter valued at about $110,000. NuWave Investment Management LLC grew its stake in shares of Exxon Mobil by 9,100.0% during the 4th quarter. NuWave Investment Management LLC now owns 1,472 shares of the oil and gas company’s stock valued at $100,000 after purchasing an additional 1,456 shares during the period. CenterStar Asset Management LLC grew its stake in shares of Exxon Mobil by 120.3% during the 4th quarter. CenterStar Asset Management LLC now owns 1,539 shares of the oil and gas company’s stock valued at $105,000 after purchasing an additional 9,139 shares during the period. Finally, Mackey Komara & Dankovich LLC bought a new stake in shares of Exxon Mobil during the 4th quarter valued at about $107,000. Institutional investors and hedge funds own 54.62% of the company’s stock.

NYSE XOM opened at $80.49 on Monday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.51 and a current ratio of 0.84. Exxon Mobil Co. has a 12 month low of $64.65 and a 12 month high of $87.36. The company has a market capitalization of $341.07 billion, a P/E ratio of 16.33, a price-to-earnings-growth ratio of 1.59 and a beta of 0.92.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, April 26th. The oil and gas company reported $0.55 EPS for the quarter, missing the Zacks’ consensus estimate of $0.75 by ($0.20). Exxon Mobil had a return on equity of 10.84% and a net margin of 7.18%. The business had revenue of $63.63 billion during the quarter, compared to analysts’ expectations of $67.35 billion. During the same period in the prior year, the firm posted $1.09 earnings per share. The firm’s revenue for the quarter was down 6.7% on a year-over-year basis. As a group, equities analysts forecast that Exxon Mobil Co. will post 4.24 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Monday, May 13th will be issued a $0.87 dividend. The ex-dividend date of this dividend is Friday, May 10th. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.82. This represents a $3.48 dividend on an annualized basis and a yield of 4.32%. Exxon Mobil’s payout ratio is currently 66.53%.

A number of equities research analysts have issued reports on XOM shares. Royal Bank of Canada restated a “buy” rating and set a $95.00 price target on shares of Exxon Mobil in a research note on Tuesday, February 19th. Zacks Investment Research downgraded Exxon Mobil from a “hold” rating to a “strong sell” rating in a research note on Sunday, January 6th. Berenberg Bank reiterated a “neutral” rating and set a $76.00 price objective on shares of Exxon Mobil in a research note on Wednesday, January 9th. Argus reiterated a “buy” rating on shares of Exxon Mobil in a research note on Wednesday, February 6th. Finally, Goldman Sachs Group set a $79.00 price objective on Exxon Mobil and gave the company a “neutral” rating in a research note on Friday, February 1st. Three analysts have rated the stock with a sell rating, fourteen have given a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $84.86.

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Exxon Mobil Profile

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, petroleum products, and other specialty products; and manufactures and markets petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals.

See Also: Compound Annual Growth Rate (CAGR)

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

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