Exxon Mobil Co. (NYSE:XOM) Shares Purchased by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund increased its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 154.3% in the 3rd quarter, Holdings Channel reports. The firm owned 2,011,270 shares of the oil and gas company’s stock after purchasing an additional 1,220,489 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Exxon Mobil were worth $235,761,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of XOM. Fairway Wealth LLC acquired a new stake in Exxon Mobil in the 2nd quarter valued at about $35,000. Anfield Capital Management LLC raised its holdings in Exxon Mobil by 360.0% in the 2nd quarter. Anfield Capital Management LLC now owns 322 shares of the oil and gas company’s stock valued at $37,000 after acquiring an additional 252 shares during the last quarter. Fairscale Capital LLC acquired a new stake in Exxon Mobil in the 2nd quarter valued at about $39,000. POM Investment Strategies LLC raised its holdings in Exxon Mobil by 918.9% in the 2nd quarter. POM Investment Strategies LLC now owns 377 shares of the oil and gas company’s stock valued at $43,000 after acquiring an additional 340 shares during the last quarter. Finally, Hershey Financial Advisers LLC acquired a new stake in Exxon Mobil in the 2nd quarter valued at about $46,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on XOM. BNP Paribas downgraded shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 price objective for the company. in a report on Wednesday, October 9th. Barclays cut their price target on shares of Exxon Mobil from $142.00 to $137.00 and set an “overweight” rating for the company in a report on Thursday, October 3rd. TD Cowen raised their price target on shares of Exxon Mobil from $127.00 to $132.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Morgan Stanley cut their price target on shares of Exxon Mobil from $142.00 to $140.00 in a report on Thursday, October 31st. Finally, UBS Group cut their price target on shares of Exxon Mobil from $157.00 to $149.00 and set a “buy” rating for the company in a report on Wednesday, September 18th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $129.95.

Exxon Mobil Stock Performance

NYSE:XOM opened at $117.98 on Wednesday. Exxon Mobil Co. has a 52 week low of $95.77 and a 52 week high of $126.34. The company has a fifty day simple moving average of $119.61 and a two-hundred day simple moving average of $116.56. The company has a quick ratio of 1.01, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The company has a market cap of $518.53 billion, a price-to-earnings ratio of 14.69, a price-to-earnings-growth ratio of 5.04 and a beta of 0.90.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, beating the consensus estimate of $1.91 by $0.01. The firm had revenue of $90.02 billion for the quarter, compared to analyst estimates of $93.98 billion. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. Exxon Mobil’s revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.27 earnings per share. As a group, equities analysts anticipate that Exxon Mobil Co. will post 7.94 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th will be paid a dividend of $0.99 per share. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.95. The ex-dividend date is Thursday, November 14th. This represents a $3.96 annualized dividend and a dividend yield of 3.36%. Exxon Mobil’s dividend payout ratio is 49.32%.

Exxon Mobil Company Profile

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.