Banque Cantonale Vaudoise Acquires New Shares in Exxon Mobil Corporation (NYSE:XOM)

Banque Cantonale Vaudoise bought a new position in shares of Exxon Mobil Corporation (NYSE:XOM) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 85,080 shares of the oil and gas company’s stock, valued at approximately $10,119,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. 10Elms LLP acquired a new position in Exxon Mobil during the 4th quarter worth $25,000. Graybill Wealth Management LTD. acquired a new position in Exxon Mobil during the 1st quarter worth $29,000. Capital A Wealth Management LLC acquired a new position in Exxon Mobil during the 4th quarter worth $32,000. Cloud Capital Management LLC acquired a new position in Exxon Mobil during the 1st quarter worth $45,000. Finally, Clarity Asset Management Inc. increased its holdings in shares of Exxon Mobil by 29.7% during the 4th quarter. Clarity Asset Management Inc. now owns 437 shares of the oil and gas company’s stock worth $47,000 after purchasing an additional 100 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Price Performance

Shares of Exxon Mobil stock opened at $111.43 on Tuesday. The company has a current ratio of 1.24, a quick ratio of 0.90 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of $480.22 billion, a price-to-earnings ratio of 14.78, a P/E/G ratio of 2.08 and a beta of 0.50. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $126.34. The firm’s 50-day moving average price is $108.85 and its two-hundred day moving average price is $109.08.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.73 by $0.03. The firm had revenue of $83.13 billion for the quarter, compared to analysts’ expectations of $86.11 billion. Exxon Mobil had a net margin of 9.49% and a return on equity of 12.06%. The company’s quarterly revenue was up .1% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.06 earnings per share. On average, equities analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th were paid a dividend of $0.99 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $3.96 annualized dividend and a yield of 3.55%. Exxon Mobil’s dividend payout ratio is 52.52%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on XOM. Scotiabank restated an “outperform” rating on shares of Exxon Mobil in a report on Friday, July 11th. Mizuho dropped their price objective on shares of Exxon Mobil from $129.00 to $124.00 and set a “neutral” rating on the stock in a report on Tuesday, May 13th. Barclays restated a “hold” rating on shares of Exxon Mobil in a report on Thursday, May 22nd. Wall Street Zen upgraded shares of Exxon Mobil from a “sell” rating to a “hold” rating in a report on Friday, June 27th. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of Exxon Mobil in a report on Thursday, May 22nd. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, eight have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Exxon Mobil currently has an average rating of “Moderate Buy” and an average target price of $125.42.

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.