Oxford Wealth Group LLC Buys Shares of 16,186 Exxon Mobil Co. (NYSE:XOM)

Oxford Wealth Group LLC purchased a new stake in Exxon Mobil Co. (NYSE:XOM) in the first quarter, Holdings Channel reports. The institutional investor purchased 16,186 shares of the oil and gas company’s stock, valued at approximately $1,881,000. Exxon Mobil comprises about 1.7% of Oxford Wealth Group LLC’s portfolio, making the stock its 14th biggest position.

A number of other large investors also recently modified their holdings of XOM. Norges Bank bought a new position in shares of Exxon Mobil in the 4th quarter valued at $5,519,753,000. Global Assets Advisory LLC raised its position in Exxon Mobil by 16,399.4% during the 1st quarter. Global Assets Advisory LLC now owns 12,616,904 shares of the oil and gas company’s stock worth $1,466,589,000 after purchasing an additional 12,540,435 shares during the last quarter. Fisher Asset Management LLC raised its position in Exxon Mobil by 566.2% during the 4th quarter. Fisher Asset Management LLC now owns 13,197,713 shares of the oil and gas company’s stock worth $1,319,507,000 after purchasing an additional 11,216,602 shares during the last quarter. Capital International Investors raised its position in Exxon Mobil by 25.1% during the 1st quarter. Capital International Investors now owns 27,511,952 shares of the oil and gas company’s stock worth $3,197,989,000 after purchasing an additional 5,523,429 shares during the last quarter. Finally, International Assets Investment Management LLC raised its position in Exxon Mobil by 10,221.0% during the 4th quarter. International Assets Investment Management LLC now owns 4,917,763 shares of the oil and gas company’s stock worth $491,678,000 after purchasing an additional 4,870,115 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Stock Up 1.8 %

Exxon Mobil stock traded up $2.07 during midday trading on Tuesday, reaching $118.17. The stock had a trading volume of 12,482,578 shares, compared to its average volume of 17,518,797. Exxon Mobil Co. has a 12 month low of $95.77 and a 12 month high of $123.75. The company has a market capitalization of $465.95 billion, a P/E ratio of 14.48, a PEG ratio of 4.52 and a beta of 0.91. The company has a fifty day moving average price of $113.82 and a two-hundred day moving average price of $111.86. 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 data on Friday, April 26th. The oil and gas company reported $2.06 EPS for the quarter, missing analysts’ consensus estimates of $2.19 by ($0.13). The company had revenue of $83.08 billion for the quarter, compared to the consensus estimate of $79.69 billion. Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The business’s revenue for the quarter was down 4.0% on a year-over-year basis. During the same period in the prior year, the firm posted $2.83 earnings per share. As a group, equities analysts expect that Exxon Mobil Co. will post 8.65 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently issued reports on XOM. Morgan Stanley reaffirmed an “overweight” rating and set a $145.00 target price on shares of Exxon Mobil in a research report on Wednesday, May 15th. HSBC raised their target price on Exxon Mobil from $111.00 to $120.00 and gave the stock a “hold” rating in a research report on Tuesday, April 30th. Barclays lowered their target price on Exxon Mobil from $147.00 to $142.00 and set an “overweight” rating for the company in a research report on Tuesday, July 9th. Royal Bank of Canada reissued a “sector perform” rating and issued a $135.00 price objective on shares of Exxon Mobil in a research report on Tuesday, July 9th. Finally, Scotiabank boosted their price objective on Exxon Mobil from $114.00 to $129.00 and gave the company a “sector perform” rating in a research note on Thursday, April 11th. Eight equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $134.78.

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.