Tandem Investment Advisors Inc. Purchases 311 Shares of Exxon Mobil Co. (NYSE:XOM)

Tandem Investment Advisors Inc. grew its position in shares of Exxon Mobil Co. (NYSE:XOM) by 14.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,511 shares of the oil and gas company’s stock after buying an additional 311 shares during the quarter. Tandem Investment Advisors Inc.’s holdings in Exxon Mobil were worth $270,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Flossbach Von Storch SE boosted its holdings in shares of Exxon Mobil by 4.2% in the 4th quarter. Flossbach Von Storch SE now owns 610,136 shares of the oil and gas company’s stock worth $65,632,000 after acquiring an additional 24,337 shares in the last quarter. O Brien Greene & Co. Inc boosted its stake in Exxon Mobil by 5.6% in the fourth quarter. O Brien Greene & Co. Inc now owns 3,768 shares of the oil and gas company’s stock worth $405,000 after purchasing an additional 199 shares in the last quarter. Aspect Partners LLC grew its holdings in shares of Exxon Mobil by 27.0% during the fourth quarter. Aspect Partners LLC now owns 3,601 shares of the oil and gas company’s stock worth $387,000 after purchasing an additional 766 shares during the last quarter. Zullo Investment Group Inc. grew its holdings in Exxon Mobil by 2.8% during the 4th quarter. Zullo Investment Group Inc. now owns 14,333 shares of the oil and gas company’s stock worth $1,542,000 after acquiring an additional 390 shares during the last quarter. Finally, Boston Financial Mangement LLC grew its stake in shares of Exxon Mobil by 20.0% during the fourth quarter. Boston Financial Mangement LLC now owns 61,987 shares of the oil and gas company’s stock valued at $6,668,000 after purchasing an additional 10,337 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Insider Buying and Selling at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,100 shares of the firm’s stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the completion of the transaction, the vice president now owns 18,087 shares in the company, valued at $1,989,570. This trade represents a 10.40 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.03% of the company’s stock.

Exxon Mobil Price Performance

Shares of XOM opened at $110.67 on Monday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. The firm has a market capitalization of $480.20 billion, a PE ratio of 14.12, a P/E/G ratio of 3.02 and a beta of 0.89. The stock has a 50 day simple moving average of $108.60 and a 200 day simple moving average of $114.48. Exxon Mobil Co. has a 52-week low of $102.88 and a 52-week high of $126.34.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate 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 last year, the company posted $2.48 earnings per share. Sell-side analysts predict that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be paid a $0.99 dividend. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $3.96 annualized dividend and a yield of 3.58%. Exxon Mobil’s payout ratio is currently 50.51%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Scotiabank dropped their price objective on Exxon Mobil from $145.00 to $140.00 in a report on Friday, January 31st. Wolfe Research boosted their price target on shares of Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. BMO Capital Markets reduced their price objective on shares of Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating on the stock in a research note on Friday, January 31st. Bernstein Bank upped their target price on shares of Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a research report on Friday, January 31st. Finally, Morgan Stanley raised their price target on Exxon Mobil from $139.00 to $140.00 in a research report on Friday, January 31st. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $129.25.

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.