Diamant Asset Management Inc. Buys 120 Shares of Exxon Mobil Co. (NYSE:XOM)

Diamant Asset Management Inc. increased its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 0.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 13,069 shares of the oil and gas company’s stock after acquiring an additional 120 shares during the period. Exxon Mobil accounts for about 0.9% of Diamant Asset Management Inc.’s holdings, making the stock its 24th biggest holding. Diamant Asset Management Inc.’s holdings in Exxon Mobil were worth $1,406,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. FMR LLC boosted its holdings in shares of Exxon Mobil by 0.3% in the 3rd quarter. FMR LLC now owns 151,863,649 shares of the oil and gas company’s stock valued at $17,801,457,000 after buying an additional 395,218 shares during the last quarter. Geode Capital Management LLC increased its holdings in Exxon Mobil by 1.8% during the third quarter. Geode Capital Management LLC now owns 92,194,981 shares of the oil and gas company’s stock worth $10,777,735,000 after buying an additional 1,622,064 shares during the last quarter. Franklin Resources Inc. raised its position in Exxon Mobil by 16.3% during the third quarter. Franklin Resources Inc. now owns 31,522,556 shares of the oil and gas company’s stock worth $3,936,929,000 after acquiring an additional 4,415,012 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Exxon Mobil by 0.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 31,160,117 shares of the oil and gas company’s stock valued at $3,652,589,000 after acquiring an additional 146,374 shares during the last quarter. Finally, Fisher Asset Management LLC grew its position in shares of Exxon Mobil by 3.4% in the 3rd quarter. Fisher Asset Management LLC now owns 29,197,557 shares of the oil and gas company’s stock valued at $3,422,538,000 after acquiring an additional 949,875 shares during the period. 61.80% of the stock is owned by institutional investors and hedge funds.

Exxon Mobil Stock Performance

NYSE:XOM opened at $109.48 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35. Exxon Mobil Co. has a fifty-two week low of $100.42 and a fifty-two week high of $126.34. The company has a market cap of $481.18 billion, a price-to-earnings ratio of 13.63, a PEG ratio of 2.86 and a beta of 0.91. The stock has a fifty day moving average price of $110.91 and a 200-day moving average price of $115.33.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.91 by $0.01. The firm had revenue of $90.02 billion for the quarter, compared to the consensus estimate of $93.98 billion. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The business’s revenue for the quarter was down .8% on a year-over-year basis. During the same period in the prior year, the company posted $2.27 earnings per share. As a group, equities analysts anticipate that Exxon Mobil Co. will post 7.77 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

XOM has been the subject of several recent analyst reports. Mizuho cut their target price on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. UBS Group reduced their target price on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a research note on Thursday, December 12th. Wolfe Research increased their price target on Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. TD Cowen decreased their price objective on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a report on Monday, December 16th. Finally, JPMorgan Chase & Co. cut their target price on shares of Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating for the company in a research note on Monday, December 16th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $128.84.

Exxon Mobil 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.