Exxon Mobil Co. (NYSE:XOM) Stock Holdings Decreased by Good Life Advisors LLC

Good Life Advisors LLC reduced its position in Exxon Mobil Co. (NYSE:XOM) by 0.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 46,395 shares of the oil and gas company’s stock after selling 271 shares during the period. Good Life Advisors LLC’s holdings in Exxon Mobil were worth $4,991,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Keystone Financial Group Inc. purchased a new position in Exxon Mobil during the fourth quarter valued at approximately $36,000. Retirement Wealth Solutions LLC purchased a new position in Exxon Mobil during the fourth quarter valued at approximately $46,000. Peterson Financial Group Inc. purchased a new position in Exxon Mobil during the third quarter valued at approximately $51,000. Compass Financial Services Inc purchased a new position in Exxon Mobil during the fourth quarter valued at approximately $48,000. Finally, Highline Wealth Partners LLC purchased a new position in Exxon Mobil during the third quarter valued at approximately $54,000. 61.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently commented on XOM. The Goldman Sachs Group lowered their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a research report on Friday, January 31st. Argus upgraded shares of Exxon Mobil to a “strong-buy” rating in a research note on Tuesday, February 4th. Bernstein Bank lifted their target price on shares of Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. Wells Fargo & Company reduced their target price on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating for the company in a research note on Monday, February 3rd. Finally, Mizuho reduced 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. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Exxon Mobil presently has a consensus rating of “Moderate Buy” and a consensus price target of $129.25.

Exxon Mobil Price Performance

NYSE:XOM opened at $110.67 on Friday. The stock has a market cap of $480.20 billion, a P/E ratio of 14.12, a PEG ratio of 3.02 and a beta of 0.89. Exxon Mobil Co. has a one year low of $102.88 and a one year high of $126.34. The company has a fifty day moving average price of $108.60 and a 200 day moving average price of $114.49. 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 released 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 quarter last year, the firm earned $2.48 EPS. Analysts anticipate that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

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 issued a $0.99 dividend. This represents a $3.96 annualized dividend and a yield of 3.58%. The ex-dividend date is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is presently 50.51%.

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total value of $231,000.00. Following the sale, the vice president now owns 18,087 shares of the company’s stock, valued at $1,989,570. The trade was a 10.40 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.03% of the company’s stock.

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.