Comprehensive Financial Consultants Institutional Inc. Purchases 407 Shares of Exxon Mobil Co. (NYSE:XOM)

Comprehensive Financial Consultants Institutional Inc. increased its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 12.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,595 shares of the oil and gas company’s stock after buying an additional 407 shares during the quarter. Comprehensive Financial Consultants Institutional Inc.’s holdings in Exxon Mobil were worth $418,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in XOM. Quantum Financial Advisors LLC lifted its holdings in Exxon Mobil by 55.9% during the 3rd quarter. Quantum Financial Advisors LLC now owns 5,424 shares of the oil and gas company’s stock worth $638,000 after buying an additional 1,944 shares in the last quarter. Fidelity D & D Bancorp Inc. acquired a new position in Exxon Mobil in the third quarter valued at $1,502,000. Wellington Management Group LLP boosted its holdings in Exxon Mobil by 62.2% during the third quarter. Wellington Management Group LLP now owns 3,120,505 shares of the oil and gas company’s stock worth $366,909,000 after buying an additional 1,196,358 shares in the last quarter. Fortis Group Advisors LLC lifted its holdings in shares of Exxon Mobil by 28.7% in the third quarter. Fortis Group Advisors LLC now owns 25,854 shares of the oil and gas company’s stock valued at $2,881,000 after purchasing an additional 5,759 shares in the last quarter. Finally, Phoenix Holdings Ltd. lifted its stake in shares of Exxon Mobil by 41.9% during the third quarter. Phoenix Holdings Ltd. now owns 31,672 shares of the oil and gas company’s stock valued at $3,751,000 after buying an additional 9,349 shares during the period. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

XOM has been the topic of several recent analyst reports. Barclays reduced their price objective on shares of Exxon Mobil from $147.00 to $142.00 and set an “overweight” rating on the stock in a research note on Tuesday. Scotiabank increased their price objective on shares of Exxon Mobil from $114.00 to $129.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 11th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $135.00 price target on shares of Exxon Mobil in a report on Tuesday. HSBC increased their price objective on shares of Exxon Mobil from $111.00 to $120.00 and gave the company a “hold” rating in a research note on Tuesday, April 30th. Finally, TD Cowen raised their price target on shares of Exxon Mobil from $128.00 to $135.00 and gave the stock a “buy” rating in a research report on Tuesday, April 30th. Eight investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, Exxon Mobil has an average rating of “Moderate Buy” and an average price target of $134.41.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,426 shares of the firm’s stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $119.01, for a total value of $288,718.26. Following the completion of the transaction, the vice president now owns 25,363 shares in the company, valued at approximately $3,018,450.63. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.03% of the stock is owned by corporate insiders.

Exxon Mobil Trading Up 0.5 %

XOM stock traded up $0.50 during trading on Wednesday, hitting $111.44. The company had a trading volume of 2,029,665 shares, compared to its average volume of 17,937,127. The business has a 50-day moving average of $114.36 and a 200-day moving average of $110.31. Exxon Mobil Co. has a one year low of $95.77 and a one year high of $123.75. The stock has a market cap of $439.41 billion, a PE ratio of 13.60, a PEG ratio of 4.07 and a beta of 0.91. The company has a current ratio of 1.38, a quick ratio of 1.06 and a debt-to-equity ratio of 0.15.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.19 by ($0.13). Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The business had revenue of $83.08 billion during the quarter, compared to analyst estimates of $79.69 billion. During the same period last year, the firm posted $2.83 earnings per share. Exxon Mobil’s quarterly revenue was down 4.0% compared to the same quarter last year. Research analysts predict that Exxon Mobil Co. will post 9.18 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 10th. Shareholders of record on Wednesday, May 15th were paid a $0.95 dividend. The ex-dividend date was Tuesday, May 14th. This represents a $3.80 dividend on an annualized basis and a yield of 3.41%. Exxon Mobil’s dividend payout ratio (DPR) is presently 46.57%.

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.