Strata Wealth Advisors LLC Sells 465 Shares of Exxon Mobil Co. (NYSE:XOM)

Strata Wealth Advisors LLC lowered its position in Exxon Mobil Co. (NYSE:XOM) by 3.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 12,968 shares of the oil and gas company’s stock after selling 465 shares during the period. Exxon Mobil accounts for approximately 0.4% of Strata Wealth Advisors LLC’s portfolio, making the stock its 28th largest position. Strata Wealth Advisors LLC’s holdings in Exxon Mobil were worth $1,395,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of XOM. Keystone Financial Group Inc. bought a new stake in Exxon Mobil during the fourth quarter valued at $36,000. Retirement Wealth Solutions LLC bought a new stake in shares of Exxon Mobil during the 4th quarter valued at about $46,000. Compass Financial Services Inc acquired a new stake in Exxon Mobil during the fourth quarter worth approximately $48,000. Peterson Financial Group Inc. bought a new stake in Exxon Mobil in the third quarter worth approximately $51,000. Finally, Highline Wealth Partners LLC bought a new stake in Exxon Mobil in the third quarter worth approximately $54,000. 61.80% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the sale, the vice president now directly owns 18,087 shares in the company, valued at $1,989,570. The trade was a 10.40 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.03% of the company’s stock.

Exxon Mobil Stock Performance

Shares of XOM stock opened at $110.67 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97. The firm has a 50-day moving average of $108.60 and a 200-day moving average of $114.49. Exxon Mobil Co. has a one year low of $102.88 and a one year high of $126.34. The company has a market cap of $486.39 billion, a P/E ratio of 14.12, a P/E/G ratio of 2.97 and a beta of 0.89.

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 analysts’ consensus estimates 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 quarter in the prior year, the company earned $2.48 earnings per share. Equities research analysts forecast that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be issued a dividend of $0.99 per share. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a yield of 3.58%. Exxon Mobil’s dividend payout ratio (DPR) is currently 50.51%.

Analyst Ratings Changes

Several analysts have recently commented on XOM shares. Wells Fargo & Company reduced their price objective on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating for the company in a research report on Monday, February 3rd. Scotiabank reduced their price target on shares of Exxon Mobil from $145.00 to $140.00 in a report on Friday, January 31st. Argus raised shares of Exxon Mobil to a “strong-buy” rating in a research note on Tuesday, February 4th. Truist Financial increased their price objective on shares of Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a research report on Monday, January 13th. Finally, JPMorgan Chase & Co. reduced their target price on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating for the company in a research note on Monday, December 16th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $129.25.

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.