Financial Planning Hawaii Inc. Acquires New Shares in Exxon Mobil Corporation $XOM

Financial Planning Hawaii Inc. acquired a new position in Exxon Mobil Corporation (NYSE:XOMFree Report) in the fourth quarter, HoldingsChannel reports. The fund acquired 8,786 shares of the oil and gas company’s stock, valued at approximately $1,057,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Rebalance LLC increased its position in Exxon Mobil by 3.7% during the 4th quarter. Rebalance LLC now owns 2,834 shares of the oil and gas company’s stock valued at $341,000 after purchasing an additional 100 shares during the period. apricus wealth LLC lifted its position in shares of Exxon Mobil by 20.4% in the 4th quarter. apricus wealth LLC now owns 10,269 shares of the oil and gas company’s stock worth $1,236,000 after purchasing an additional 1,740 shares during the period. Northstar Advisory Group LLC lifted its position in shares of Exxon Mobil by 148.2% in the 4th quarter. Northstar Advisory Group LLC now owns 51,047 shares of the oil and gas company’s stock worth $6,143,000 after purchasing an additional 30,478 shares during the period. Polaris Investment Advisors LLC bought a new position in shares of Exxon Mobil during the fourth quarter valued at approximately $292,000. Finally, Wealth Quarterback LLC increased its holdings in Exxon Mobil by 0.7% during the fourth quarter. Wealth Quarterback LLC now owns 18,097 shares of the oil and gas company’s stock valued at $2,178,000 after buying an additional 132 shares during the period. 61.80% of the stock is currently owned by institutional investors.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 5,000 shares of the stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $139.75, for a total value of $698,750.00. Following the completion of the sale, the vice president directly owned 23,584 shares in the company, valued at approximately $3,295,864. This trade represents a 17.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Over the last quarter, insiders sold 11,460 shares of company stock worth $1,687,854. Corporate insiders own 0.03% of the company’s stock.

Exxon Mobil Price Performance

Shares of XOM opened at $160.89 on Thursday. The company has a 50 day moving average of $151.47 and a two-hundred day moving average of $129.29. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $176.41. The company has a market cap of $670.40 billion, a price-to-earnings ratio of 24.05, a price-to-earnings-growth ratio of 1.17 and a beta of 0.29.

Exxon Mobil (NYSE:XOMGet Free Report) last issued its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The business had revenue of $80.04 billion for the quarter, compared to the consensus estimate of $77.98 billion. During the same period in the prior year, the firm posted $1.67 earnings per share. The business’s quarterly revenue was down 1.3% on a year-over-year basis. As a group, analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were given a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Thursday, February 12th. Exxon Mobil’s dividend payout ratio is currently 61.58%.

Wall Street Analyst Weigh In

XOM has been the subject of a number of recent research reports. Sanford C. Bernstein reduced their price objective on shares of 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 reiterated a “buy” rating and issued a $171.00 price target on shares of Exxon Mobil in a report on Monday, February 2nd. Morgan Stanley boosted their price target on Exxon Mobil from $134.00 to $172.00 and gave the stock an “overweight” rating in a research report on Friday, March 27th. Mizuho upped their price objective on Exxon Mobil from $140.00 to $162.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 17th. Finally, Loop Capital set a $123.00 price objective on Exxon Mobil in a research report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Exxon Mobil has a consensus rating of “Hold” and an average target price of $151.00.

View Our Latest Stock Report on Exxon Mobil

Key Stories Impacting Exxon Mobil

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Exxon Mobil Company 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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