23,723 Shares in Exxon Mobil Co. (NYSE:XOM) Bought by CoreFirst Bank & Trust

CoreFirst Bank & Trust bought a new position in Exxon Mobil Co. (NYSE:XOM) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 23,723 shares of the oil and gas company’s stock, valued at approximately $2,552,000. Exxon Mobil accounts for 1.5% of CoreFirst Bank & Trust’s portfolio, making the stock its 15th largest position.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Rockline Wealth Management LLC boosted its stake in shares of Exxon Mobil by 6.1% during the 4th quarter. Rockline Wealth Management LLC now owns 25,918 shares of the oil and gas company’s stock worth $2,788,000 after acquiring an additional 1,498 shares in the last quarter. Renasant Bank increased its position in shares of Exxon Mobil by 5.0% in the fourth quarter. Renasant Bank now owns 10,369 shares of the oil and gas company’s stock valued at $1,115,000 after buying an additional 493 shares in the last quarter. Helen Stephens Group LLC raised its stake in shares of Exxon Mobil by 7.3% during the 4th quarter. Helen Stephens Group LLC now owns 41,637 shares of the oil and gas company’s stock worth $4,479,000 after buying an additional 2,825 shares during the last quarter. Brooklyn Investment Group grew its position in shares of Exxon Mobil by 36.8% in the third quarter. Brooklyn Investment Group now owns 25,127 shares of the oil and gas company’s stock valued at $2,945,000 after purchasing an additional 6,753 shares during the period. Finally, Hilltop Holdings Inc. boosted its stake in Exxon Mobil by 41.3% in the 3rd quarter. Hilltop Holdings Inc. now owns 76,288 shares of the oil and gas company’s stock worth $8,942,000 after buying an additional 22,296 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Exxon Mobil

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

Analysts Set New Price Targets

Several research analysts have recently weighed in on XOM shares. HSBC cut their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a report on Friday, January 31st. The Goldman Sachs Group lowered their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating for the company in a research note on Friday, January 31st. Scotiabank cut their target price on Exxon Mobil from $145.00 to $140.00 in a research report on Friday, January 31st. Morgan Stanley lifted their target price on shares of Exxon Mobil from $139.00 to $140.00 in a report on Friday, January 31st. Finally, Wells Fargo & Company lowered their price objective on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating for the company in a research report on Monday, February 3rd. 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 company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $129.15.

Exxon Mobil Stock Performance

Shares of XOM opened at $115.30 on Monday. The stock has a market capitalization of $500.29 billion, a P/E ratio of 14.71, a P/E/G ratio of 3.02 and a beta of 0.83. Exxon Mobil Co. has a 12-month low of $103.67 and a 12-month high of $126.34. The firm’s 50 day moving average is $110.09 and its 200-day moving average is $113.57. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, January 31st. The oil and gas company reported $1.67 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 in the previous year, the company earned $2.48 EPS. Equities research analysts anticipate that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Wednesday, February 12th were issued a dividend of $0.99 per share. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $3.96 annualized dividend and a dividend yield of 3.43%. Exxon Mobil’s dividend payout ratio is 50.51%.

Exxon Mobil Company 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.