Exxon Mobil Co. (NYSE:XOM) Stock Position Raised by KFA Private Wealth Group LLC

KFA Private Wealth Group LLC lifted its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 15.8% during the fourth quarter, Holdings Channel reports. The firm owned 6,593 shares of the oil and gas company’s stock after purchasing an additional 899 shares during the quarter. KFA Private Wealth Group LLC’s holdings in Exxon Mobil were worth $709,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of XOM. Vertex Planning Partners LLC lifted its stake in Exxon Mobil by 3.1% during the third quarter. Vertex Planning Partners LLC now owns 2,778 shares of the oil and gas company’s stock valued at $326,000 after buying an additional 83 shares in the last quarter. First Heartland Consultants Inc. lifted its position in shares of Exxon Mobil by 0.9% in the 3rd quarter. First Heartland Consultants Inc. now owns 9,451 shares of the oil and gas company’s stock valued at $1,108,000 after acquiring an additional 87 shares in the last quarter. Latitude Advisors LLC boosted its stake in Exxon Mobil by 0.7% in the 3rd quarter. Latitude Advisors LLC now owns 13,378 shares of the oil and gas company’s stock worth $1,568,000 after purchasing an additional 88 shares during the period. Longfellow Investment Management Co. LLC grew its position in Exxon Mobil by 0.6% during the 3rd quarter. Longfellow Investment Management Co. LLC now owns 14,537 shares of the oil and gas company’s stock worth $1,704,000 after purchasing an additional 88 shares in the last quarter. Finally, West Oak Capital LLC raised its stake in Exxon Mobil by 0.6% during the 4th quarter. West Oak Capital LLC now owns 16,207 shares of the oil and gas company’s stock valued at $1,743,000 after purchasing an additional 92 shares during the period. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Trading Up 0.7 %

NYSE:XOM opened at $109.48 on Friday. The company’s 50 day moving average is $110.91 and its 200-day moving average is $115.33. The company has a quick ratio of 1.01, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Exxon Mobil Co. has a 12 month low of $100.42 and a 12 month high of $126.34. The firm has a market cap of $481.18 billion, a price-to-earnings ratio of 13.63, a P/E/G ratio of 2.86 and a beta of 0.91.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, topping the consensus estimate of $1.91 by $0.01. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The firm had revenue of $90.02 billion for the quarter, compared to the consensus estimate of $93.98 billion. During the same quarter last year, the firm posted $2.27 EPS. The business’s quarterly revenue was down .8% on a year-over-year basis. Equities analysts anticipate that Exxon Mobil Co. will post 7.77 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have recently commented on XOM. The Goldman Sachs Group raised their target price on Exxon Mobil from $118.00 to $120.00 in a research report on Thursday, October 31st. UBS Group lowered their target price on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a research note on Thursday, December 12th. Wolfe Research raised their price target on shares of Exxon Mobil from $137.00 to $138.00 in a report on Thursday, October 31st. BNP Paribas lowered shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 price objective on the stock. in a research note on Wednesday, October 9th. Finally, Morgan Stanley decreased their target price on shares of Exxon Mobil from $142.00 to $140.00 in a research note on Thursday, October 31st. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $128.84.

Exxon Mobil 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.