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

HT Partners LLC lessened its position in shares of Exxon Mobil Co. (NYSE:XOM) by 5.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,096 shares of the oil and gas company’s stock after selling 218 shares during the quarter. Exxon Mobil comprises 0.1% of HT Partners LLC’s holdings, making the stock its 25th biggest position. HT Partners LLC’s holdings in Exxon Mobil were worth $286,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Nuveen Asset Management LLC grew its position in 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 worth $1,737,358,000 after purchasing an additional 22,268,191 shares during the last quarter. California Public Employees Retirement System grew its position in 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 worth $738,453,000 after purchasing an additional 1,902,091 shares during the last quarter. BlackRock Inc. grew its position in 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 worth $21,523,998,000 after purchasing an additional 1,069,038 shares during the last quarter. Fisher Asset Management LLC grew its position in Exxon Mobil by 17.2% during the 3rd quarter. Fisher Asset Management LLC now owns 6,600,585 shares of the oil and gas company’s stock worth $466,067,000 after purchasing an additional 969,474 shares during the last quarter. Finally, Johanson Financial Advisors Inc. grew its position in Exxon Mobil by 7,172.8% during the 4th quarter. Johanson Financial Advisors Inc. now owns 907,501 shares of the oil and gas company’s stock worth $13,008,000 after purchasing an additional 895,023 shares during the last quarter. Hedge funds and other institutional investors own 54.51% of the company’s stock.

In related news, VP Liam M. Mallon sold 32,287 shares of the stock in a transaction on 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 directly owns 211,289 shares of the company’s stock, valued at $14,422,587.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP David S. Rosenthal sold 9,615 shares of the stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $69.51, for a total transaction of $668,338.65. Corporate insiders own 0.05% of the company’s stock.

Several analysts have weighed in on XOM shares. Jefferies Financial Group reissued a “neutral” rating and set a $76.00 target price on shares of Exxon Mobil in a research report on Friday, November 1st. Bank of America raised shares of Exxon Mobil to a “buy” rating in a research report on Tuesday, January 7th. Berenberg Bank reissued a “neutral” rating and set a $67.00 target price on shares of Exxon Mobil in a research report on Tuesday. Citigroup dropped their target price on shares of Exxon Mobil from $75.00 to $68.00 and set a “neutral” rating on the stock in a research report on Tuesday. Finally, Piper Jaffray Companies started coverage on shares of Exxon Mobil in a research report on Tuesday, November 26th. They set a “hold” rating and a $83.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, nineteen have assigned a hold rating and three have issued a buy rating to the company. Exxon Mobil presently has an average rating of “Hold” and an average price target of $78.05.

XOM stock opened at $69.09 on Thursday. The firm’s fifty day simple moving average is $69.50 and its 200-day simple moving average is $70.74. The company has a market capitalization of $292.54 billion, a P/E ratio of 14.01, a price-to-earnings-growth ratio of 2.19 and a beta of 1.00. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.78 and a quick ratio of 0.50. Exxon Mobil Co. has a 12 month low of $66.31 and a 12 month high of $83.49.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, November 1st. The oil and gas company reported $0.68 EPS for the quarter, beating the consensus estimate of $0.64 by $0.04. The business had revenue of $65.05 billion for the quarter, compared to the consensus estimate of $65.86 billion. Exxon Mobil had a net margin of 5.43% and a return on equity of 7.45%. The business’s revenue for the quarter was down 15.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.82 EPS. As a group, sell-side analysts forecast that Exxon Mobil Co. will post 2.42 earnings per share 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.

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

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