Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 32,632 Shares of Exxon Mobil Co. (NYSE:XOM)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS decreased its holdings in Exxon Mobil Co. (NYSE:XOM) by 3.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 934,529 shares of the oil and gas company’s stock after selling 32,632 shares during the period. Exxon Mobil makes up about 0.6% of Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s portfolio, making the stock its 25th biggest position. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Exxon Mobil were worth $100,527,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of XOM. Longfellow Investment Management Co. LLC grew its position in Exxon Mobil by 0.6% in the third quarter. Longfellow Investment Management Co. LLC now owns 14,537 shares of the oil and gas company’s stock valued at $1,704,000 after acquiring an additional 88 shares during the last quarter. West Oak Capital LLC grew its holdings in shares of 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 last quarter. Beacon Capital Management LLC lifted its stake in Exxon Mobil by 1.1% in the 4th quarter. Beacon Capital Management LLC now owns 8,582 shares of the oil and gas company’s stock valued at $923,000 after purchasing an additional 93 shares during the last quarter. Cadent Capital Advisors LLC boosted its position in Exxon Mobil by 0.3% in the fourth quarter. Cadent Capital Advisors LLC now owns 37,372 shares of the oil and gas company’s stock valued at $4,020,000 after buying an additional 94 shares in the last quarter. Finally, Lincoln Capital LLC grew its stake in shares of Exxon Mobil by 1.1% during the fourth quarter. Lincoln Capital LLC now owns 8,521 shares of the oil and gas company’s stock worth $917,000 after buying an additional 94 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Stock Performance

Shares of Exxon Mobil stock opened at $115.40 on Thursday. Exxon Mobil Co. has a 52 week low of $103.67 and a 52 week high of $126.34. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The business has a 50 day moving average price of $109.74 and a 200-day moving average price of $113.59. The company has a market cap of $500.75 billion, a PE ratio of 14.72, a price-to-earnings-growth ratio of 3.02 and a beta of 0.83.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing analysts’ consensus estimates of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same period in the previous year, the business earned $2.48 earnings per share. Equities analysts anticipate that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Wednesday, February 12th were given a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.43%. The ex-dividend date was Wednesday, February 12th. Exxon Mobil’s payout ratio is currently 50.51%.

Analyst Ratings Changes

Several equities analysts have commented on the company. JPMorgan Chase & Co. dropped their target price on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating for the company in a research report on Monday, December 16th. Argus upgraded shares of Exxon Mobil to a “strong-buy” rating in a report on Tuesday, February 4th. Bernstein Bank boosted their target price on shares of Exxon Mobil from $138.00 to $144.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. Wells Fargo & Company dropped their price target on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating for the company in a research note on Monday, February 3rd. Finally, UBS Group decreased their price objective on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a report on Thursday, December 12th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $129.15.

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the transaction, the vice president now owns 18,087 shares of the company’s stock, valued at $1,989,570. This trade represents a 10.40 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.03% of the stock is owned by corporate insiders.

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.