Robeco Institutional Asset Management B.V. decreased its holdings in shares of Exxon Mobil Co. (NYSE:XOM – Free Report) by 0.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,459,326 shares of the oil and gas company’s stock after selling 6,073 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Exxon Mobil were worth $156,980,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also modified their holdings of the company. Global Wealth Management Investment Advisory Inc. boosted its position in Exxon Mobil by 10.7% during the third quarter. Global Wealth Management Investment Advisory Inc. now owns 47,195 shares of the oil and gas company’s stock valued at $5,532,000 after purchasing an additional 4,578 shares during the last quarter. Helen Stephens Group LLC boosted its position in Exxon Mobil by 7.3% during the fourth quarter. Helen Stephens Group LLC now owns 41,637 shares of the oil and gas company’s stock valued at $4,479,000 after purchasing an additional 2,825 shares during the last quarter. Brooklyn Investment Group boosted its position in Exxon Mobil by 36.8% during the third quarter. Brooklyn Investment Group now owns 25,127 shares of the oil and gas company’s stock valued at $2,945,000 after purchasing an additional 6,753 shares during the last quarter. Parthenon LLC boosted its position in Exxon Mobil by 2.4% during the third quarter. Parthenon LLC now owns 191,590 shares of the oil and gas company’s stock valued at $22,458,000 after purchasing an additional 4,445 shares during the last quarter. Finally, Hilltop Holdings Inc. boosted its position in Exxon Mobil by 41.3% during the third quarter. Hilltop Holdings Inc. now owns 76,288 shares of the oil and gas company’s stock valued at $8,942,000 after purchasing an additional 22,296 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.
Exxon Mobil Trading Down 2.5 %
Shares of XOM opened at $106.82 on Friday. Exxon Mobil Co. has a 12-month low of $100.42 and a 12-month high of $126.34. The company has a quick ratio of 1.01, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $469.48 billion, a price-to-earnings ratio of 13.30, a P/E/G ratio of 2.84 and a beta of 0.91. The stock’s 50-day moving average price is $110.66 and its 200 day moving average price is $115.29.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on XOM. Scotiabank reduced their price target on Exxon Mobil from $145.00 to $140.00 in a research report on Friday. 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 research report on Monday, December 16th. BMO Capital Markets reduced their price target on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a research report on Friday. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $115.00 price target on shares of Exxon Mobil in a research report on Thursday, December 12th. Finally, Wolfe Research boosted their price target on Exxon Mobil from $137.00 to $138.00 in a research report on Thursday, October 31st. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Exxon Mobil currently has an average rating of “Moderate Buy” and a consensus price target of $129.30.
Check Out Our Latest Report on Exxon Mobil
Exxon Mobil Company 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.
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