West Family Investments Inc. Purchases 772 Shares of Exxon Mobil Co. (NYSE:XOM)

West Family Investments Inc. grew its holdings in Exxon Mobil Co. (NYSE:XOM) by 6.0% during the 4th quarter, Holdings Channel reports. The firm owned 13,667 shares of the oil and gas company’s stock after purchasing an additional 772 shares during the period. West Family Investments Inc.’s holdings in Exxon Mobil were worth $1,470,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Harbor Capital Advisors Inc. acquired a new stake in shares of Exxon Mobil during the third quarter worth $63,000. Consilium Wealth Advisory LLC acquired a new position in shares of Exxon Mobil during the 3rd quarter worth about $990,000. Dechtman Wealth Management LLC increased its stake in shares of Exxon Mobil by 3.4% in the 3rd quarter. Dechtman Wealth Management LLC now owns 15,332 shares of the oil and gas company’s stock valued at $1,797,000 after acquiring an additional 505 shares during the last quarter. Blake Schutter Theil Wealth Advisors LLC acquired a new stake in shares of Exxon Mobil in the 3rd quarter valued at approximately $1,019,000. Finally, Graypoint LLC boosted its stake in Exxon Mobil by 10.4% during the 3rd quarter. Graypoint LLC now owns 42,368 shares of the oil and gas company’s stock worth $4,966,000 after acquiring an additional 3,975 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Price Performance

Shares of NYSE XOM opened at $109.05 on Friday. Exxon Mobil Co. has a fifty-two week low of $103.67 and a fifty-two week high of $126.34. The stock has a market capitalization of $473.20 billion, a price-to-earnings ratio of 13.91, a PEG ratio of 3.02 and a beta of 0.89. 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 business has a 50-day moving average of $109.05 and a 200-day moving average of $113.87.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing analysts’ consensus estimates of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same period in the prior year, the company earned $2.48 earnings per share. As a group, sell-side analysts predict that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be given a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.63%. The ex-dividend date of this dividend is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is currently 50.51%.

Analyst Upgrades and Downgrades

XOM has been the subject of several recent analyst reports. Argus raised shares of Exxon Mobil to a “strong-buy” rating in a research note on Tuesday, February 4th. Wells Fargo & Company dropped their price objective on Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating on the stock in a research note on Monday, February 3rd. BMO Capital Markets decreased their target price on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a research note on Friday, January 31st. HSBC cut their price objective on Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a report on Friday, January 31st. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $115.00 target price on shares of Exxon Mobil in a research note on Monday, February 3rd. One investment 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. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $129.25.

Insider Buying and Selling at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,100 shares of the company’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total value of $231,000.00. Following the sale, the vice president now directly owns 18,087 shares of the company’s stock, valued at approximately $1,989,570. This represents a 10.40 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.03% of the company’s stock.

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.