Universal Beteiligungs und Servicegesellschaft mbH Lowers Stock Position in Exxon Mobil Corporation $XOM

Universal Beteiligungs und Servicegesellschaft mbH cut its holdings in Exxon Mobil Corporation (NYSE:XOM) by 14.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,756,492 shares of the oil and gas company’s stock after selling 307,697 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Exxon Mobil were worth $198,044,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of XOM. Eagle Capital Management LLC raised its stake in Exxon Mobil by 15.3% during the first quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock valued at $337,000 after buying an additional 376 shares during the last quarter. Caxton Associates LLP bought a new position in shares of Exxon Mobil during the first quarter valued at $305,000. Sivia Capital Partners LLC raised its position in shares of Exxon Mobil by 1.9% in the 2nd quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company’s stock worth $1,211,000 after purchasing an additional 207 shares during the last quarter. Golden State Equity Partners grew its position in Exxon Mobil by 20.8% during the 2nd quarter. Golden State Equity Partners now owns 25,481 shares of the oil and gas company’s stock valued at $2,747,000 after purchasing an additional 4,379 shares during the last quarter. Finally, Baring Financial LLC lifted its stake in shares of Exxon Mobil by 14.0% in the second quarter. Baring Financial LLC now owns 5,025 shares of the oil and gas company’s stock worth $542,000 after buying an additional 618 shares in the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Trading Up 2.4%

Shares of XOM opened at $133.63 on Thursday. The stock has a market capitalization of $563.54 billion, a PE ratio of 19.42, a P/E/G ratio of 8.28 and a beta of 0.37. The company’s fifty day moving average is $120.12 and its 200 day moving average is $114.98. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.79 and a current ratio of 1.14. Exxon Mobil Corporation has a fifty-two week low of $97.80 and a fifty-two week high of $133.73.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, October 31st. The oil and gas company reported $1.88 EPS for the quarter, topping the consensus estimate of $1.72 by $0.16. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. The company had revenue of $83.33 billion during the quarter, compared to analyst estimates of $83.09 billion. During the same period in the previous year, the firm earned $1.92 earnings per share. Exxon Mobil’s quarterly revenue was down 5.2% compared to the same quarter last year. Sell-side analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th were issued a $1.03 dividend. The ex-dividend date was Friday, November 14th. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.99. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.1%. Exxon Mobil’s dividend payout ratio (DPR) is currently 59.88%.

Insider Buying and Selling

In related news, VP Darrin L. Talley sold 3,000 shares of Exxon Mobil stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $117.19, for a total transaction of $351,570.00. Following the completion of the sale, the vice president owned 28,584 shares in the company, valued at $3,349,758.96. This trade represents a 9.50% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.03% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Citigroup boosted their price objective on shares of Exxon Mobil from $115.00 to $118.00 and gave the stock a “neutral” rating in a report on Wednesday, December 10th. Bank of America reduced their price objective on Exxon Mobil from $119.00 to $118.00 and set a “neutral” rating for the company in a report on Thursday, December 11th. Zacks Research downgraded shares of Exxon Mobil from a “hold” rating to a “strong sell” rating in a report on Thursday, January 1st. Morgan Stanley lifted their target price on shares of Exxon Mobil from $135.00 to $137.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 10th. Finally, TD Cowen restated a “buy” rating on shares of Exxon Mobil in a research note on Friday, December 12th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $132.00.

About Exxon Mobil

Exxon Mobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.