Pacific Capital Wealth Advisors Inc. Has $63,000 Stock Position in Exxon Mobil Co. (NYSE:XOM)

Pacific Capital Wealth Advisors Inc. decreased its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 19.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 584 shares of the oil and gas company’s stock after selling 144 shares during the quarter. Pacific Capital Wealth Advisors Inc.’s holdings in Exxon Mobil were worth $63,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Vertex Planning Partners LLC grew its stake in shares of Exxon Mobil by 3.1% during the third quarter. Vertex Planning Partners LLC now owns 2,778 shares of the oil and gas company’s stock worth $326,000 after buying an additional 83 shares during the last quarter. First Heartland Consultants Inc. boosted its holdings in shares of Exxon Mobil by 0.9% during the 3rd quarter. First Heartland Consultants Inc. now owns 9,451 shares of the oil and gas company’s stock valued at $1,108,000 after acquiring an additional 87 shares in the last quarter. Latitude Advisors LLC grew its position in Exxon Mobil by 0.7% during the 3rd quarter. Latitude Advisors LLC now owns 13,378 shares of the oil and gas company’s stock worth $1,568,000 after acquiring an additional 88 shares during the last quarter. Longfellow Investment Management Co. LLC increased its holdings in Exxon Mobil by 0.6% in the 3rd quarter. Longfellow Investment Management Co. LLC now owns 14,537 shares of the oil and gas company’s stock worth $1,704,000 after purchasing an additional 88 shares in the last quarter. Finally, West Oak Capital LLC boosted its stake in shares of Exxon Mobil by 0.6% during the fourth 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 in the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

XOM has been the subject of several analyst reports. Mizuho dropped their price target on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. TD Cowen cut their target price on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a report on Monday, December 16th. Barclays decreased their price target on Exxon Mobil from $142.00 to $137.00 and set an “overweight” rating for the company in a research note on Thursday, October 3rd. The Goldman Sachs Group upped their target price on Exxon Mobil from $118.00 to $120.00 in a report on Thursday, October 31st. Finally, UBS Group lowered their price target on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a report on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Exxon Mobil currently has an average rating of “Moderate Buy” and a consensus price target of $128.84.

Exxon Mobil Price Performance

Shares of NYSE:XOM opened at $109.48 on Friday. 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 stock has a market cap of $481.18 billion, a PE ratio of 13.63, a PEG ratio of 2.86 and a beta of 0.91. The company’s fifty day moving average is $110.91 and its 200 day moving average is $115.33. Exxon Mobil Co. has a 52 week low of $100.42 and a 52 week high of $126.34.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.91 by $0.01. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The company had revenue of $90.02 billion during the quarter, compared to analyst estimates of $93.98 billion. During the same quarter in the previous year, the company posted $2.27 EPS. Exxon Mobil’s revenue for the quarter was down .8% on a year-over-year basis. Research analysts anticipate that Exxon Mobil Co. will post 7.77 earnings per share for the current year.

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.