Financial Sense Advisors Inc. Has $4.82 Million Stock Position in Exxon Mobil Co. (NYSE:XOM)

Financial Sense Advisors Inc. lowered its position in shares of Exxon Mobil Co. (NYSE:XOM) by 10.5% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 44,802 shares of the oil and gas company’s stock after selling 5,254 shares during the quarter. Exxon Mobil comprises 1.6% of Financial Sense Advisors Inc.’s holdings, making the stock its 13th biggest position. Financial Sense Advisors Inc.’s holdings in Exxon Mobil were worth $4,819,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Jessup Wealth Management Inc bought a new position in shares of Exxon Mobil in the fourth quarter worth $427,000. Fagan Associates Inc. increased its position in shares of Exxon Mobil by 9.2% in the fourth quarter. Fagan Associates Inc. now owns 42,576 shares of the oil and gas company’s stock worth $4,580,000 after purchasing an additional 3,587 shares during the period. Private Advisor Group LLC increased its position in shares of Exxon Mobil by 73.9% in the fourth quarter. Private Advisor Group LLC now owns 967,673 shares of the oil and gas company’s stock worth $104,092,000 after purchasing an additional 411,282 shares during the period. Financial Perspectives Inc increased its position in shares of Exxon Mobil by 8.5% in the fourth quarter. Financial Perspectives Inc now owns 5,706 shares of the oil and gas company’s stock worth $614,000 after purchasing an additional 448 shares during the period. Finally, Alberta Investment Management Corp increased its position in shares of Exxon Mobil by 24.4% in the fourth quarter. Alberta Investment Management Corp now owns 102,382 shares of the oil and gas company’s stock worth $11,013,000 after purchasing an additional 20,100 shares during the period. Institutional investors own 61.80% of the company’s stock.

Insider Buying and Selling

In related news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the transaction, the vice president now directly owns 18,087 shares of the company’s stock, valued at $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.03% of the stock is owned by insiders.

Exxon Mobil Price Performance

Exxon Mobil stock opened at $110.67 on Friday. The stock’s 50 day moving average is $108.60 and its 200 day moving average is $114.49. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97. The firm has a market cap of $480.20 billion, a P/E ratio of 14.12, a P/E/G ratio of 3.02 and a beta of 0.89. Exxon Mobil Co. has a one year low of $102.88 and a one year high of $126.34.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 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 period last year, the business earned $2.48 earnings per share. As a group, research analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be paid a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.58%. The ex-dividend date of this dividend is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio is currently 50.51%.

Analysts Set New Price Targets

A number of research analysts recently commented on XOM shares. TD Cowen decreased their price target on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a research report on Monday, December 16th. Argus upgraded Exxon Mobil to a “strong-buy” rating in a research report on Tuesday, February 4th. The Goldman Sachs Group decreased their target price 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. BMO Capital Markets decreased their target price on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating on the stock in a research report on Friday, January 31st. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $115.00 target price on shares of Exxon Mobil in a research report on Monday, February 3rd. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $129.25.

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.