Hummer Financial Advisory Services Inc Sells 100 Shares of Exxon Mobil Co. (NYSE:XOM)

Hummer Financial Advisory Services Inc decreased its position in shares of Exxon Mobil Co. (NYSE:XOM) by 0.6% in the 4th quarter, HoldingsChannel reports. The firm owned 16,751 shares of the oil and gas company’s stock after selling 100 shares during the quarter. Exxon Mobil accounts for 1.4% of Hummer Financial Advisory Services Inc’s portfolio, making the stock its 14th largest holding. Hummer Financial Advisory Services Inc’s holdings in Exxon Mobil were worth $1,802,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of XOM. Vertex Planning Partners LLC lifted its position in Exxon Mobil by 3.1% in 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 purchasing an additional 83 shares during the last quarter. Etfidea LLC lifted its position in Exxon Mobil by 3.3% in the second quarter. Etfidea LLC now owns 2,669 shares of the oil and gas company’s stock valued at $307,000 after purchasing an additional 85 shares during the last quarter. Bigelow Investment Advisors LLC lifted its position in Exxon Mobil by 0.6% in the second quarter. Bigelow Investment Advisors LLC now owns 13,543 shares of the oil and gas company’s stock valued at $1,559,000 after purchasing an additional 86 shares during the last quarter. CBIZ Investment Advisory Services LLC increased its stake in shares of Exxon Mobil by 15.2% during the second quarter. CBIZ Investment Advisory Services LLC now owns 660 shares of the oil and gas company’s stock valued at $76,000 after buying an additional 87 shares during the period. Finally, First Heartland Consultants Inc. increased its stake in shares of Exxon Mobil by 0.9% during the third quarter. First Heartland Consultants Inc. now owns 9,451 shares of the oil and gas company’s stock valued at $1,108,000 after buying an additional 87 shares during the period. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Price Performance

Shares of NYSE:XOM opened at $109.68 on Wednesday. Exxon Mobil Co. has a 1-year low of $95.77 and a 1-year high of $126.34. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01. The business has a fifty day moving average price of $113.12 and a 200-day moving average price of $115.58. The company has a market capitalization of $482.05 billion, a PE ratio of 13.66, a PEG ratio of 4.65 and a beta of 0.91.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, beating the consensus estimate of $1.91 by $0.01. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The firm had revenue of $90.02 billion during the quarter, compared to the consensus estimate of $93.98 billion. During the same period last year, the company earned $2.27 earnings per share. The company’s revenue was down .8% on a year-over-year basis. As a group, equities analysts expect that Exxon Mobil Co. will post 7.95 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Thursday, November 14th were given a dividend of $0.99 per share. The ex-dividend date was Thursday, November 14th. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.95. This represents a $3.96 annualized dividend and a dividend yield of 3.61%. Exxon Mobil’s dividend payout ratio (DPR) is 49.32%.

Analysts Set New Price Targets

Several research firms have recently issued reports on XOM. JPMorgan Chase & Co. reduced their target price on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a research note on Monday, December 16th. UBS Group reduced 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 boosted their target price on Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. Morgan Stanley reduced their target price on Exxon Mobil from $142.00 to $140.00 in a research note on Thursday, October 31st. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $115.00 price target on shares of Exxon Mobil in a research note on Thursday, December 12th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $128.84.

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.