Exxon Mobil Co. (XOM) Shares Bought by NewSquare Capital LLC

NewSquare Capital LLC lifted its stake in Exxon Mobil Co. (NYSE:XOM) by 4.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,131 shares of the oil and gas company’s stock after acquiring an additional 693 shares during the period. NewSquare Capital LLC’s holdings in Exxon Mobil were worth $1,240,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the company. Asset Management Advisors LLC lifted its stake in shares of Exxon Mobil by 0.3% in the 2nd quarter. Asset Management Advisors LLC now owns 2,515 shares of the oil and gas company’s stock worth $203,000 after acquiring an additional 7 shares during the period. C M Bidwell & Associates Ltd. lifted its stake in Exxon Mobil by 1.3% during the second quarter. C M Bidwell & Associates Ltd. now owns 2,430 shares of the oil and gas company’s stock valued at $196,000 after purchasing an additional 30 shares during the last quarter. Lehman Financial Resources Inc. lifted its stake in Exxon Mobil by 0.5% during the second quarter. Lehman Financial Resources Inc. now owns 7,176 shares of the oil and gas company’s stock valued at $579,000 after purchasing an additional 35 shares during the last quarter. Intellectus Partners LLC lifted its stake in Exxon Mobil by 0.7% during the second quarter. Intellectus Partners LLC now owns 6,152 shares of the oil and gas company’s stock valued at $497,000 after purchasing an additional 41 shares during the last quarter. Finally, Bellwether Investment Group LLC lifted its stake in Exxon Mobil by 1.3% during the second quarter. Bellwether Investment Group LLC now owns 3,355 shares of the oil and gas company’s stock valued at $271,000 after purchasing an additional 44 shares during the last quarter. 51.29% of the stock is owned by institutional investors.

In other Exxon Mobil news, insider James M. Spellings, Jr. sold 9,379 shares of the company’s stock in a transaction that occurred on Tuesday, December 5th. The shares were sold at an average price of $83.37, for a total value of $781,927.23. Following the transaction, the insider now owns 220,000 shares in the company, valued at approximately $18,341,400. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP Robert N. Schleckser sold 5,601 shares of the company’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $83.93, for a total transaction of $470,091.93. Following the completion of the transaction, the vice president now owns 187,663 shares in the company, valued at approximately $15,750,555.59. The disclosure for this sale can be found here. In the last quarter, insiders sold 51,357 shares of company stock worth $4,273,910. Company insiders own 0.08% of the company’s stock.

Several research firms recently commented on XOM. Goldman Sachs Group set a $92.00 target price on shares of Exxon Mobil and gave the company a “neutral” rating in a research note on Monday, January 22nd. Piper Jaffray Companies reissued a “hold” rating and set a $83.00 target price on shares of Exxon Mobil in a research note on Monday, February 5th. Jefferies Group set a $84.00 target price on shares of Exxon Mobil and gave the company a “hold” rating in a research note on Thursday, October 19th. BMO Capital Markets set a $80.00 target price on shares of Exxon Mobil and gave the company a “hold” rating in a research note on Wednesday, October 18th. Finally, JPMorgan Chase & Co. set a $81.00 target price on shares of Exxon Mobil and gave the company a “neutral” rating in a research note on Tuesday, December 12th. Seven analysts have rated the stock with a sell rating, fourteen have given a hold rating, six have given a buy rating and two have assigned a strong buy rating to the stock. Exxon Mobil has a consensus rating of “Hold” and a consensus target price of $87.42.

Exxon Mobil Co. (XOM) opened at $76.46 on Thursday. The firm has a market cap of $323,970.00, a P/E ratio of 16.51, a price-to-earnings-growth ratio of 1.03 and a beta of 0.82. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.85 and a quick ratio of 0.54. Exxon Mobil Co. has a 12 month low of $73.90 and a 12 month high of $89.30.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, February 2nd. The oil and gas company reported $0.88 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.06 by ($0.18). The company had revenue of $66.52 billion during the quarter, compared to analyst estimates of $74.41 billion. Exxon Mobil had a net margin of 7.61% and a return on equity of 8.09%. The firm’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.41 EPS. equities research analysts expect that Exxon Mobil Co. will post 4.85 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 9th. Shareholders of record on Monday, February 12th will be paid a $0.77 dividend. The ex-dividend date of this dividend is Friday, February 9th. This represents a $3.08 annualized dividend and a yield of 4.03%. Exxon Mobil’s dividend payout ratio is presently 66.52%.

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Exxon Mobil Company 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.

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

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