HT Partners LLC Sells 218 Shares of Exxon Mobil Co. (NYSE:XOM)

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HT Partners LLC reduced its stake in Exxon Mobil Co. (NYSE:XOM) by 5.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,096 shares of the oil and gas company’s stock after selling 218 shares during the period. Exxon Mobil makes up 0.1% of HT Partners LLC’s portfolio, making the stock its 25th largest holding. HT Partners LLC’s holdings in Exxon Mobil were worth $286,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bernardo Wealth Planning LLC grew its stake in shares of Exxon Mobil by 2.2% in the 2nd quarter. Bernardo Wealth Planning LLC now owns 14,307 shares of the oil and gas company’s stock worth $1,096,000 after buying an additional 307 shares in the last quarter. BlackRock Inc. grew its stake in shares of Exxon Mobil by 0.4% in the 2nd quarter. BlackRock Inc. now owns 280,882,107 shares of the oil and gas company’s stock worth $21,523,998,000 after buying an additional 1,069,038 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its stake in shares of Exxon Mobil by 22.9% in the 2nd quarter. Jacobs Levy Equity Management Inc. now owns 33,324 shares of the oil and gas company’s stock worth $2,554,000 after buying an additional 6,200 shares in the last quarter. Gladstone Institutional Advisory LLC grew its stake in shares of Exxon Mobil by 9.7% in the 2nd quarter. Gladstone Institutional Advisory LLC now owns 3,952 shares of the oil and gas company’s stock worth $303,000 after buying an additional 351 shares in the last quarter. Finally, Assetmark Inc. grew its stake in shares of Exxon Mobil by 31.4% in the 2nd quarter. Assetmark Inc. now owns 9,457 shares of the oil and gas company’s stock worth $725,000 after buying an additional 2,261 shares in the last quarter. Institutional investors own 54.51% of the company’s stock.

In related news, VP David S. Rosenthal sold 9,615 shares of Exxon Mobil stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $69.51, for a total transaction of $668,338.65. Also, VP Liam M. Mallon sold 32,287 shares of Exxon Mobil stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $68.26, for a total transaction of $2,203,910.62. Following the sale, the vice president now owns 211,289 shares of the company’s stock, valued at approximately $14,422,587.14. The disclosure for this sale can be found here. Company insiders own 0.05% of the company’s stock.

XOM has been the subject of a number of recent research reports. JPMorgan Chase & Co. set a $76.00 price objective on shares of Exxon Mobil and gave the stock a “neutral” rating in a research note on Monday, January 6th. Credit Suisse Group reissued a “neutral” rating and issued a $70.00 price objective on shares of Exxon Mobil in a research note on Thursday, January 9th. Berenberg Bank reissued a “neutral” rating and issued a $67.00 price objective on shares of Exxon Mobil in a research note on Tuesday. Morgan Stanley dropped their price objective on shares of Exxon Mobil from $83.00 to $82.00 and set an “equal weight” rating for the company in a research note on Friday, October 4th. Finally, Citigroup dropped their price target on shares of Exxon Mobil from $75.00 to $68.00 and set a “neutral” rating for the company in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, nineteen have issued a hold rating and three have given a buy rating to the stock. Exxon Mobil presently has a consensus rating of “Hold” and an average target price of $78.05.

XOM stock opened at $69.09 on Thursday. Exxon Mobil Co. has a 12 month low of $66.31 and a 12 month high of $83.49. The company has a current ratio of 0.78, a quick ratio of 0.50 and a debt-to-equity ratio of 0.13. The company has a 50-day moving average price of $69.50 and a 200 day moving average price of $70.74. The stock has a market cap of $292.54 billion, a PE ratio of 14.01, a P/E/G ratio of 2.19 and a beta of 1.00.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, November 1st. The oil and gas company reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.04. Exxon Mobil had a net margin of 5.43% and a return on equity of 7.45%. The firm had revenue of $65.05 billion during the quarter, compared to analysts’ expectations of $65.86 billion. During the same period in the previous year, the company earned $0.82 EPS. The firm’s revenue for the quarter was down 15.1% compared to the same quarter last year. Sell-side analysts forecast that Exxon Mobil Co. will post 2.42 EPS for the current year.

Exxon Mobil Company Profile

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, petroleum products, and other specialty products; and manufactures and markets petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals.

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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