Exxon Mobil Co. (NYSE:XOM) Shares Bought by Umpqua Bank

Umpqua Bank raised its position in Exxon Mobil Co. (NYSE:XOM) by 12.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 10,288 shares of the oil and gas company’s stock after buying an additional 1,179 shares during the period. Umpqua Bank’s holdings in Exxon Mobil were worth $1,129,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Bank of New York Mellon Corp raised its position in shares of Exxon Mobil by 14.4% during the 4th quarter. Bank of New York Mellon Corp now owns 43,983,110 shares of the oil and gas company’s stock valued at $4,731,263,000 after buying an additional 5,538,694 shares during the period. Pacer Advisors Inc. raised its position in Exxon Mobil by 1,524.1% in the fourth quarter. Pacer Advisors Inc. now owns 5,445,922 shares of the oil and gas company’s stock valued at $585,818,000 after purchasing an additional 5,110,603 shares during the period. Franklin Resources Inc. raised its position in Exxon Mobil by 16.3% in the third quarter. Franklin Resources Inc. now owns 31,522,556 shares of the oil and gas company’s stock valued at $3,936,929,000 after purchasing an additional 4,415,012 shares during the period. Proficio Capital Partners LLC raised its position in Exxon Mobil by 13,899.5% in the fourth quarter. Proficio Capital Partners LLC now owns 1,888,812 shares of the oil and gas company’s stock valued at $1,963,000 after purchasing an additional 1,875,320 shares during the period. Finally, Strategic Financial Concepts LLC raised its position in Exxon Mobil by 11,131.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,792,811 shares of the oil and gas company’s stock valued at $192,853,000 after purchasing an additional 1,776,848 shares during the period. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total value of $231,000.00. Following the completion of the sale, the vice president now owns 18,087 shares of the company’s stock, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.03% of the stock is currently owned by insiders.

Exxon Mobil Stock Down 0.5 %

Shares of NYSE XOM opened at $115.30 on Friday. Exxon Mobil Co. has a 1 year low of $103.67 and a 1 year high of $126.34. The firm’s 50 day moving average price is $110.09 and its 200 day moving average price is $113.58. The firm has a market cap of $500.29 billion, a P/E ratio of 14.71, a price-to-earnings-growth ratio of 3.02 and a beta of 0.83. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31.

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

Exxon Mobil Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th were paid a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.43%. The ex-dividend date of this dividend was Wednesday, February 12th. Exxon Mobil’s dividend payout ratio is presently 50.51%.

Analysts Set New Price Targets

XOM has been the topic of a number of research analyst reports. Argus raised Exxon Mobil to a “strong-buy” rating in a research report on Tuesday, February 4th. Morgan Stanley upped their price objective on Exxon Mobil from $139.00 to $140.00 in a research report on Friday, January 31st. The Goldman Sachs Group cut their price objective on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a research report on Friday, January 31st. Bernstein Bank upped their price objective on Exxon Mobil from $138.00 to $144.00 and gave the stock an “overweight” rating in a research report on Friday, January 31st. Finally, Wells Fargo & Company lowered their target price 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. One investment 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 company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $129.15.

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.