Childress Capital Advisors LLC Acquires 7,993 Shares of Exxon Mobil Corporation $XOM

Childress Capital Advisors LLC increased its holdings in Exxon Mobil Corporation (NYSE:XOMFree Report) by 4.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 209,116 shares of the oil and gas company’s stock after acquiring an additional 7,993 shares during the period. Exxon Mobil comprises about 4.3% of Childress Capital Advisors LLC’s holdings, making the stock its 4th largest holding. Childress Capital Advisors LLC’s holdings in Exxon Mobil were worth $23,578,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of XOM. Marshall & Sullivan Inc. WA purchased a new position in Exxon Mobil during the second quarter valued at approximately $38,000. Bare Financial Services Inc boosted its stake in shares of Exxon Mobil by 121.8% during the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock valued at $39,000 after buying an additional 201 shares during the period. Clayton Financial Group LLC purchased a new position in shares of Exxon Mobil during the 3rd quarter valued at $40,000. TruNorth Capital Management LLC increased its stake in shares of Exxon Mobil by 1,595.2% in the third quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock worth $40,000 after acquiring an additional 335 shares during the last quarter. Finally, Investment Research & Advisory Group Inc. acquired a new position in shares of Exxon Mobil in the second quarter worth $42,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Analyst Upgrades and Downgrades

XOM has been the subject of a number of research reports. TD Cowen lifted their price objective on Exxon Mobil from $128.00 to $135.00 and gave the company a “buy” rating in a research report on Friday, December 12th. Barclays reduced their price target on Exxon Mobil from $127.00 to $126.00 and set an “overweight” rating for the company in a report on Tuesday, October 7th. Sanford C. Bernstein lowered their price target on Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. UBS Group reaffirmed a “buy” rating on shares of Exxon Mobil in a research report on Friday. Finally, Citigroup boosted their target price on shares of Exxon Mobil from $115.00 to $118.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 10th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $129.71.

Get Our Latest Stock Report on XOM

Key Exxon Mobil News

Here are the key news stories impacting Exxon Mobil this week:

Exxon Mobil Stock Up 1.4%

Shares of XOM stock opened at $124.60 on Friday. The stock’s 50 day simple moving average is $118.05 and its 200 day simple moving average is $113.87. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $125.93. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.79 and a current ratio of 1.14. The company has a market capitalization of $525.44 billion, a price-to-earnings ratio of 18.11, a PEG ratio of 7.57 and a beta of 0.37.

Exxon Mobil (NYSE:XOMGet Free Report) last announced its quarterly earnings results on Friday, June 17th. The oil and gas company reported $0.65 EPS for the quarter. Exxon Mobil had a return on equity of 11.22% and a net margin of 8.99%.The company had revenue of $57.55 billion for the quarter. As a group, research analysts predict that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 14th were issued a $1.03 dividend. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.99. The ex-dividend date was Friday, November 14th. This represents a $4.12 annualized dividend and a yield of 3.3%. Exxon Mobil’s payout ratio is 59.88%.

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 3,000 shares of the company’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $117.19, for a total transaction of $351,570.00. Following the completion of the sale, the vice president directly owned 28,584 shares in the company, valued at $3,349,758.96. This represents a 9.50% 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. 0.03% of the stock is currently owned by corporate insiders.

Exxon Mobil Profile

(Free Report)

Exxon Mobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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