Exxon Mobil Corporation (XOM) Shares Sold by Moody Lynn & Lieberson LLC

Moody Lynn & Lieberson LLC lowered its position in shares of Exxon Mobil Corporation (NYSE:XOM) by 47.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,915 shares of the oil and gas company’s stock after selling 38,025 shares during the quarter. Moody Lynn & Lieberson LLC’s holdings in Exxon Mobil Corporation were worth $3,384,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Shell Asset Management Co. raised its holdings in shares of Exxon Mobil Corporation by 1.6% during the second quarter. Shell Asset Management Co. now owns 808,400 shares of the oil and gas company’s stock valued at $65,262,000 after acquiring an additional 12,362 shares during the last quarter. Balasa Dinverno & Foltz LLC grew its position in shares of Exxon Mobil Corporation by 5.0% in the second quarter. Balasa Dinverno & Foltz LLC now owns 23,219 shares of the oil and gas company’s stock valued at $1,874,000 after purchasing an additional 1,096 shares in the last quarter. Lederer & Associates Investment Counsel CA grew its position in shares of Exxon Mobil Corporation by 5.1% in the second quarter. Lederer & Associates Investment Counsel CA now owns 21,381 shares of the oil and gas company’s stock valued at $1,726,000 after purchasing an additional 1,040 shares in the last quarter. Notis McConarty Edward grew its position in shares of Exxon Mobil Corporation by 1.8% in the second quarter. Notis McConarty Edward now owns 51,546 shares of the oil and gas company’s stock valued at $4,162,000 after purchasing an additional 919 shares in the last quarter. Finally, Personal Capital Advisors Corp grew its position in shares of Exxon Mobil Corporation by 9.6% in the second quarter. Personal Capital Advisors Corp now owns 261,572 shares of the oil and gas company’s stock valued at $21,117,000 after purchasing an additional 22,926 shares in the last quarter. 50.73% of the stock is owned by institutional investors and hedge funds.

A number of equities research analysts have recently issued reports on the company. Morgan Stanley set a $85.00 price target on Exxon Mobil Corporation and gave the company a “sell” rating in a research report on Tuesday. BNP Paribas set a $70.00 price target on Exxon Mobil Corporation and gave the company a “sell” rating in a research report on Monday, September 25th. Vetr lowered Exxon Mobil Corporation from a “buy” rating to a “hold” rating and set a $85.17 price target for the company. in a research report on Thursday, September 28th. Barclays PLC set a $91.00 price target on Exxon Mobil Corporation and gave the company a “buy” rating in a research report on Tuesday, October 10th. Finally, Royal Bank Of Canada set a $90.00 price target on Exxon Mobil Corporation and gave the company a “neutral” rating in a research report on Thursday, August 3rd. Six investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $85.11.

Exxon Mobil Corporation (XOM) opened at 82.96 on Wednesday. The stock’s 50 day moving average price is $80.09 and its 200 day moving average price is $80.75. The stock has a market capitalization of $351.51 billion, a price-to-earnings ratio of 29.91 and a beta of 0.82. Exxon Mobil Corporation has a 52-week low of $76.05 and a 52-week high of $93.22.

Exxon Mobil Corporation (NYSE:XOM) last announced its quarterly earnings data on Friday, July 28th. The oil and gas company reported $0.78 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.83 by ($0.05). Exxon Mobil Corporation had a net margin of 4.75% and a return on equity of 7.62%. The company had revenue of $62.88 billion for the quarter, compared to analysts’ expectations of $61.35 billion. During the same period in the prior year, the firm earned $0.41 earnings per share. The firm’s quarterly revenue was up 9.0% on a year-over-year basis. On average, analysts forecast that Exxon Mobil Corporation will post $3.46 EPS for the current year.

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In other news, VP Robert Stuart Franklin sold 22,656 shares of the business’s stock in a transaction on Monday, September 18th. The shares were sold at an average price of $79.76, for a total transaction of $1,807,042.56. Following the completion of the sale, the vice president now directly owns 231,572 shares of the company’s stock, valued at approximately $18,470,182.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Steven Reinemund sold 1,100 shares of the business’s stock in a transaction on Friday, August 4th. The shares were sold at an average price of $80.23, for a total transaction of $88,253.00. Following the sale, the director now directly owns 43,125 shares of the company’s stock, valued at $3,459,918.75. The disclosure for this sale can be found here. 0.08% of the stock is owned by insiders.

Exxon Mobil Corporation Profile

Exxon Mobil Corporation is engaged in energy business. The Company is engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products. The Company also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty products.

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

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