Blueprint Investment Partners LLC Sells 10,698 Shares of Exxon Mobil Co. (NYSE:XOM)

Blueprint Investment Partners LLC lessened its stake in Exxon Mobil Co. (NYSE:XOM) by 61.8% in the fourth quarter, HoldingsChannel reports. The firm owned 6,623 shares of the oil and gas company’s stock after selling 10,698 shares during the period. Blueprint Investment Partners LLC’s holdings in Exxon Mobil were worth $712,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in XOM. Mosley Wealth Management grew its holdings in shares of Exxon Mobil by 20.1% in the fourth quarter. Mosley Wealth Management now owns 8,594 shares of the oil and gas company’s stock worth $934,000 after acquiring an additional 1,440 shares during the period. KLP Kapitalforvaltning AS purchased a new position in Exxon Mobil in the fourth quarter worth about $177,430,000. Knights of Columbus Asset Advisors LLC grew its stake in shares of Exxon Mobil by 0.9% during the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 246,449 shares of the oil and gas company’s stock valued at $26,511,000 after purchasing an additional 2,208 shares during the period. Umpqua Bank increased its position in shares of Exxon Mobil by 12.9% during the 4th quarter. Umpqua Bank now owns 10,288 shares of the oil and gas company’s stock valued at $1,129,000 after purchasing an additional 1,179 shares during the last quarter. Finally, Sfmg LLC lifted its stake in shares of Exxon Mobil by 11.0% in the 4th quarter. Sfmg LLC now owns 20,938 shares of the oil and gas company’s stock worth $2,252,000 after purchasing an additional 2,082 shares during the period. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Morgan Stanley upped their target price on shares of Exxon Mobil from $139.00 to $140.00 in a report on Friday, January 31st. TD Cowen reduced their price objective on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a research note on Monday, December 16th. Scotiabank decreased their target price on Exxon Mobil from $145.00 to $140.00 in a report on Friday, January 31st. JPMorgan Chase & Co. cut their price target on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating for the company in a report on Monday, December 16th. Finally, The Goldman Sachs Group decreased their price objective on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a research note on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $129.15.

Insider Buying and Selling

In other news, VP Darrin L. Talley sold 2,100 shares of the firm’s 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 completion of the sale, the vice president now directly owns 18,087 shares of the company’s stock, valued at $1,989,570. This trade represents a 10.40 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.03% of the stock is currently owned by company insiders.

Exxon Mobil Stock Performance

XOM opened at $115.30 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. The stock has a market capitalization of $500.29 billion, a price-to-earnings ratio of 14.71, a PEG ratio of 3.02 and a beta of 0.83. The company has a fifty day moving average of $110.09 and a 200 day moving average of $113.57. Exxon Mobil Co. has a fifty-two week low of $103.67 and a fifty-two week high of $126.34.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate 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 in the previous year, the firm earned $2.48 EPS. As a group, sell-side analysts forecast that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Wednesday, February 12th were issued a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.43%. The ex-dividend date of this dividend was Wednesday, February 12th. Exxon Mobil’s payout ratio is 50.51%.

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.