Exxon Mobil Co. (NYSE:XOM) Stock Holdings Lifted by Central Pacific Bank Trust Division

Central Pacific Bank Trust Division grew its position in Exxon Mobil Co. (NYSE:XOM) by 0.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 44,935 shares of the oil and gas company’s stock after buying an additional 99 shares during the quarter. Exxon Mobil makes up approximately 0.6% of Central Pacific Bank Trust Division’s portfolio, making the stock its 25th largest position. Central Pacific Bank Trust Division’s holdings in Exxon Mobil were worth $4,834,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. First Citizens Financial Corp increased its holdings in shares of Exxon Mobil by 46.1% in the 4th quarter. First Citizens Financial Corp now owns 3,167 shares of the oil and gas company’s stock valued at $341,000 after purchasing an additional 1,000 shares during the period. Waller Financial Planning Group Inc. increased its stake in Exxon Mobil by 10.7% in the 4th quarter. Waller Financial Planning Group Inc. now owns 3,534 shares of the oil and gas company’s stock valued at $380,000 after buying an additional 341 shares during the period. General Partner Inc. boosted its stake in shares of Exxon Mobil by 3.2% during the 4th quarter. General Partner Inc. now owns 12,766 shares of the oil and gas company’s stock valued at $1,373,000 after buying an additional 400 shares during the period. Versant Capital Management Inc grew its holdings in shares of Exxon Mobil by 0.5% during the 4th quarter. Versant Capital Management Inc now owns 81,457 shares of the oil and gas company’s stock valued at $8,762,000 after acquiring an additional 396 shares in the last quarter. Finally, Global Wealth Strategies & Associates increased its stake in shares of Exxon Mobil by 23.6% in the fourth quarter. Global Wealth Strategies & Associates now owns 2,717 shares of the oil and gas company’s stock worth $292,000 after acquiring an additional 519 shares during the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

XOM has been the subject of several research reports. JPMorgan Chase & Co. reduced their price target on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating for the company in a report on Monday, December 16th. BNP Paribas downgraded shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 target price for the company. in a research report on Wednesday, October 9th. UBS Group cut their price target on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. Royal Bank of Canada reissued a “sector perform” rating and set a $115.00 target price on shares of Exxon Mobil in a research report on Thursday, December 12th. Finally, Barclays decreased their price target on Exxon Mobil from $142.00 to $137.00 and set an “overweight” rating for the company in a research note on Thursday, October 3rd. One equities research analyst has rated the stock with a sell rating, seven have given 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 has an average rating of “Moderate Buy” and an average price target of $128.74.

Exxon Mobil Stock Performance

Shares of XOM traded up $1.08 during trading hours on Friday, reaching $108.39. 6,316,523 shares of the company traded hands, compared to its average volume of 9,391,227. Exxon Mobil Co. has a 1-year low of $95.77 and a 1-year high of $126.34. The stock has a market cap of $476.38 billion, a P/E ratio of 13.50, a price-to-earnings-growth ratio of 4.65 and a beta of 0.89. The stock’s fifty day moving average is $114.69 and its 200 day moving average is $115.77. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.91 by $0.01. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The business had revenue of $90.02 billion for the quarter, compared to analysts’ expectations of $93.98 billion. During the same period in the previous year, the business posted $2.27 earnings per share. Exxon Mobil’s quarterly revenue was down .8% on a year-over-year basis. Equities research analysts anticipate that Exxon Mobil Co. will post 7.95 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th were given a dividend of $0.99 per share. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.95. This represents a $3.96 annualized dividend and a dividend yield of 3.65%. The ex-dividend date of this dividend was Thursday, November 14th. Exxon Mobil’s payout ratio is 49.32%.

About Exxon Mobil

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.