Caerus Investment Advisors LLC Has $216,000 Stock Position in Exxon Mobil Co. (NYSE:XOM)

Caerus Investment Advisors LLC trimmed its holdings in shares of Exxon Mobil Co. (NYSE:XOM – Get Rating) by 36.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,472 shares of the oil and gas company’s stock after selling 1,400 shares during the period. Caerus Investment Advisors LLC’s holdings in Exxon Mobil were worth $216,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. First Republic Investment Management Inc. grew its stake in Exxon Mobil by 5.9% in the third quarter. First Republic Investment Management Inc. now owns 3,625,355 shares of the oil and gas company’s stock valued at $316,530,000 after purchasing an additional 201,326 shares in the last quarter. Citizens Business Bank purchased a new position in Exxon Mobil in the third quarter valued at about $6,449,000. Eudaimonia Advisors LLC grew its stake in Exxon Mobil by 3.0% in the third quarter. Eudaimonia Advisors LLC now owns 10,338 shares of the oil and gas company’s stock valued at $903,000 after purchasing an additional 300 shares in the last quarter. Financial Management Network Inc. boosted its stake in shares of Exxon Mobil by 6.0% during the 3rd quarter. Financial Management Network Inc. now owns 6,347 shares of the oil and gas company’s stock worth $605,000 after acquiring an additional 362 shares in the last quarter. Finally, Salomon & Ludwin LLC boosted its stake in shares of Exxon Mobil by 62.2% during the 3rd quarter. Salomon & Ludwin LLC now owns 15,079 shares of the oil and gas company’s stock worth $1,317,000 after acquiring an additional 5,783 shares in the last quarter. 57.49% of the stock is owned by institutional investors and hedge funds.

Exxon Mobil Stock Up 0.9 %

NYSE XOM opened at $113.81 on Wednesday. The firm has a market cap of $468.70 billion, a PE ratio of 9.29, a price-to-earnings-growth ratio of 0.48 and a beta of 1.11. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.34 and a quick ratio of 1.02. The stock’s 50 day simple moving average is $109.54 and its 200 day simple moving average is $101.20. Exxon Mobil Co. has a one year low of $71.39 and a one year high of $126.54.

Exxon Mobil (NYSE:XOM – Get Rating) last announced its quarterly earnings data on Friday, October 28th. The oil and gas company reported $4.45 EPS for the quarter, beating analysts’ consensus estimates of $3.88 by $0.57. The firm had revenue of $112.07 billion for the quarter, compared to analyst estimates of $102.96 billion. Exxon Mobil had a return on equity of 29.52% and a net margin of 12.86%. The business’s quarterly revenue was up 51.9% compared to the same quarter last year. During the same period last year, the company earned $1.58 EPS. As a group, sell-side analysts forecast that Exxon Mobil Co. will post 13.92 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 9th. Shareholders of record on Tuesday, November 15th were issued a dividend of $0.91 per share. The ex-dividend date of this dividend was Monday, November 14th. This represents a $3.64 dividend on an annualized basis and a yield of 3.20%. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.88. Exxon Mobil’s dividend payout ratio (DPR) is 29.71%.

Wall Street Analyst Weigh In

XOM has been the subject of several recent analyst reports. Barclays upped their price target on Exxon Mobil from $111.00 to $129.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 3rd. Jefferies Financial Group upgraded Exxon Mobil from a “hold” rating to a “buy” rating and upped their price target for the stock from $90.00 to $133.00 in a research note on Wednesday, October 19th. HSBC upped their price target on Exxon Mobil to $111.00 in a research note on Friday, December 2nd. Mizuho raised Exxon Mobil from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $90.00 to $140.00 in a research report on Tuesday, January 10th. Finally, JPMorgan Chase & Co. boosted their price objective on Exxon Mobil from $102.00 to $103.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 18th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and fifteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $114.35.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,500 shares of the stock in a transaction dated Monday, October 31st. The stock was sold at an average price of $110.47, for a total value of $276,175.00. Following the completion of the sale, the vice president now directly owns 25,363 shares in the company, valued at $2,801,850.61. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.04% of the company’s stock.

Exxon Mobil Company Profile

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Exxon Mobil Corp. engages in the exploration, development, and distribution of oil, gas, and petroleum products. It operates through the following segments: Upstream, Downstream and Chemical. The Upstream segment produces crude oil and natural gas. The Downstream segment manufactures and trades petroleum products.