Aua Capital Management LLC reduced its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 38.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,309 shares of the oil and gas company’s stock after selling 1,413 shares during the quarter. Aua Capital Management LLC’s holdings in Exxon Mobil were worth $161,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Exxon Mobil by 0.9% during the 2nd quarter. Vanguard Group Inc. now owns 347,643,903 shares of the oil and gas company’s stock worth $26,639,953,000 after buying an additional 2,953,857 shares during the period. BlackRock Inc. lifted its holdings in shares of Exxon Mobil by 0.4% during the 2nd quarter. BlackRock Inc. now owns 280,882,107 shares of the oil and gas company’s stock valued at $21,523,998,000 after purchasing an additional 1,069,038 shares in the last quarter. Nuveen Asset Management LLC lifted its holdings in shares of Exxon Mobil by 5,514.1% during the 2nd quarter. Nuveen Asset Management LLC now owns 22,672,032 shares of the oil and gas company’s stock valued at $1,737,358,000 after purchasing an additional 22,268,191 shares in the last quarter. California Public Employees Retirement System lifted its holdings in shares of Exxon Mobil by 22.2% during the 3rd quarter. California Public Employees Retirement System now owns 10,458,189 shares of the oil and gas company’s stock valued at $738,453,000 after purchasing an additional 1,902,091 shares in the last quarter. Finally, Eaton Vance Management lifted its holdings in shares of Exxon Mobil by 0.4% during the 2nd quarter. Eaton Vance Management now owns 8,034,970 shares of the oil and gas company’s stock valued at $615,684,000 after purchasing an additional 28,217 shares in the last quarter. Institutional investors own 54.51% of the company’s stock.
In other news, VP Liam M. Mallon sold 32,287 shares of the company’s stock in a transaction that occurred on Wednesday, November 20th. The stock was 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 in the company, valued at approximately $14,422,587.14. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP David S. Rosenthal sold 9,615 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $69.51, for a total value of $668,338.65. Insiders own 0.05% of the company’s stock.
XOM has been the topic of several recent analyst reports. Royal Bank of Canada reiterated a “hold” rating and set a $75.00 price objective on shares of Exxon Mobil in a report on Monday. Goldman Sachs Group cut their price objective on Exxon Mobil from $74.00 to $72.00 and set a “neutral” rating on the stock in a report on Friday, January 3rd. JPMorgan Chase & Co. set a $76.00 price objective on Exxon Mobil and gave the company a “neutral” rating in a report on Monday. Credit Suisse Group reiterated a “neutral” rating and set a $70.00 price objective on shares of Exxon Mobil in a report on Thursday. Finally, Morgan Stanley cut their price objective on Exxon Mobil from $83.00 to $82.00 and set an “equal weight” rating on the stock in a report on Friday, October 4th. One analyst has rated the stock with a sell rating, eighteen have given a hold rating and three have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $78.33.
NYSE XOM opened at $69.76 on Friday. The stock has a market capitalization of $292.92 billion, a price-to-earnings ratio of 14.15, a PEG ratio of 2.19 and a beta of 1.00. The stock’s 50 day moving average price is $69.50 and its two-hundred day moving average price is $70.97. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.50 and a current ratio of 0.78. Exxon Mobil Co. has a 52 week low of $66.31 and a 52 week high of $83.49.
Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, November 1st. The oil and gas company reported $0.68 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.64 by $0.04. The firm had revenue of $65.05 billion for the quarter, compared to analysts’ expectations of $65.86 billion. Exxon Mobil had a return on equity of 7.45% and a net margin of 5.43%. The business’s quarterly revenue was down 15.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.82 EPS. On average, equities research analysts forecast that Exxon Mobil Co. will post 2.42 EPS for the current year.
About Exxon Mobil
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.
Further Reading: How Do You Calculate Return on Equity (ROE)?
Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exxon Mobil Co. (NYSE:XOM).
Receive News & Ratings for Exxon Mobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil and related companies with MarketBeat.com's FREE daily email newsletter.