Exxon Mobil Corporation (NYSE:XOM).
Gateway Investment Advisers LLC says it raised its stake in Exxon Mobil Corporation shares by 18,953 shares as reported in a filing on 07/12/2017. Its position was valued at $188,035,000 a decrease of $1,427,000 according to the filing.
Other firms have also shifted positions in (XOM). Pennsylvania Trust Co added to its ownership by buying 152,098 shares an increase of 34.3% in the quarter. Pennsylvania Trust Co now holds 595,681 shares with a value of $48,089,000. The total value of its holdings increased 32.2%. Narwhal Capital Management augmented its stake by buying 7,460 shares an increase of 9.8% as of 06/30/2017. Narwhal Capital Management owns 83,506 shares worth $6,741,000. The value of the position overall is up by 8.1%.
As of quarter end Union Bankshares Corp had acquired 368 shares growing its holdings by 2.1%. The value of the investment in Exxon Mobil Corporation increased from $1,416,000 to $1,424,000 a change of 0.6% since the last quarter.
On July 11 the stock rating was upgraded to “Overweight” from “Equal-weight” in a statement from Barclays. On June 5 the company was upgraded from “” to “Sector Outperform” in a report from Scotia Howard Weil.
On October 31 the company was rated “Buy” according to a Goldman Sachs report which was a boost from the previous “Conviction Buy” rating. On June 2, 2016 the stock rating was set at “Neutral” by Bank of America a cut from the previous “Buy” rating.
On May 18 the stock rating was upgraded from “Hold” to “Buy” and a price target of $104.00 was set by analysts at Argus Research. May 2 investment analysts at Credit Suisse left the company rating at “Underperform” but raised the price target to $78.00 from $67.00.
The company is so far trading up by 0.81% since yesterday’s close of $80.6. Additionally the company recently announced a dividend that was paid on Fri Jun 9, 2017. The dividend payment was $0.770 per share for the quarter or $3.08 annualized. This dividend amount was represent a yeild of $3.84. The ex-dividend date was Wednesday the 10th of May 2017.
The stock is trading at $81.25 slightly below the 50 day moving average of $81.74 and which is slightly below the 200 day moving average of $83.51. The 50 day moving average went down $-0.55 or -0.67% whereas the 200 day moving average was down $-2.32 or -2.78%.
The P/E ratio is currently 33.87 and market cap is 344.02B. As of the last earnings report the EPS was $2.40 and is estimated to be $3.80 for the current year with 4,237,265,000 shares presently outstanding. Next quarter’s EPS is expected be $0.95 and the next full year EPS is projected to be $4.24.