Genesee Capital Advisors LLC Sells 467 Shares of Exxon Mobil Co. (NYSE:XOM)

Genesee Capital Advisors LLC lessened its position in Exxon Mobil Co. (NYSE:XOM) by 5.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 8,514 shares of the oil and gas company’s stock after selling 467 shares during the period. Genesee Capital Advisors LLC’s holdings in Exxon Mobil were worth $916,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Retirement Wealth Solutions LLC bought a new stake in shares of Exxon Mobil during the fourth quarter worth $46,000. Peterson Financial Group Inc. purchased a new position in Exxon Mobil in the 3rd quarter worth about $51,000. Highline Wealth Partners LLC purchased a new stake in Exxon Mobil in the 3rd quarter valued at about $54,000. Harbor Capital Advisors Inc. bought a new position in Exxon Mobil in the 3rd quarter worth about $63,000. Finally, Annapolis Financial Services LLC increased its position in shares of Exxon Mobil by 284.9% during the third quarter. Annapolis Financial Services LLC now owns 766 shares of the oil and gas company’s stock worth $90,000 after acquiring an additional 567 shares during the period. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Stock Down 2.5 %

XOM stock opened at $106.82 on Friday. The stock has a market capitalization of $469.48 billion, a PE ratio of 13.30, a price-to-earnings-growth ratio of 2.84 and a beta of 0.91. Exxon Mobil Co. has a 52 week low of $100.42 and a 52 week high of $126.34. The company has a quick ratio of 1.01, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The firm has a 50 day moving average of $110.66 and a 200 day moving average of $115.29.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data 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 return on equity of 14.73% and a net margin of 9.61%. During the same quarter last year, the company earned $2.48 EPS. Sell-side analysts forecast that Exxon Mobil Co. will post 7.74 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on XOM. Bernstein Bank boosted their price target on Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a report on Friday. TD Cowen dropped their price target on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a research report on Monday, December 16th. JPMorgan Chase & Co. lowered their price objective 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. Morgan Stanley raised their target price on shares of Exxon Mobil from $139.00 to $140.00 in a research report on Friday. Finally, Scotiabank lowered their price target on shares of Exxon Mobil from $145.00 to $140.00 in a research report on Friday. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $129.30.

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.