Mosaic Family Wealth Partners LLC Purchases 195 Shares of Exxon Mobil Corporation (NYSE:XOM)

Mosaic Family Wealth Partners LLC grew its position in Exxon Mobil Corporation (NYSE:XOM) by 3.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,228 shares of the oil and gas company’s stock after purchasing an additional 195 shares during the period. Mosaic Family Wealth Partners LLC’s holdings in Exxon Mobil were worth $622,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. 10Elms LLP bought a new stake in Exxon Mobil during the fourth quarter worth about $25,000. Graybill Wealth Management LTD. bought a new stake in Exxon Mobil during the first quarter worth about $29,000. Capital A Wealth Management LLC bought a new stake in Exxon Mobil during the fourth quarter worth about $32,000. Cloud Capital Management LLC bought a new stake in Exxon Mobil during the first quarter worth about $45,000. Finally, Clarity Asset Management Inc. raised its holdings in Exxon Mobil by 29.7% during the fourth quarter. Clarity Asset Management Inc. now owns 437 shares of the oil and gas company’s stock worth $47,000 after acquiring an additional 100 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on XOM shares. Mizuho lowered their price target on Exxon Mobil from $129.00 to $124.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 13th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Exxon Mobil in a research report on Thursday, May 22nd. Barclays reiterated a “hold” rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. Scotiabank reiterated an “outperform” rating on shares of Exxon Mobil in a research note on Friday. Finally, Morgan Stanley restated an “overweight” rating on shares of Exxon Mobil in a research note on Tuesday. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating, ten have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $126.05.

Exxon Mobil Trading Down 0.9%

Shares of XOM stock opened at $112.90 on Wednesday. The firm has a market capitalization of $486.56 billion, a P/E ratio of 14.97, a P/E/G ratio of 2.18 and a beta of 0.50. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $126.34. The company has a quick ratio of 0.90, a current ratio of 1.24 and a debt-to-equity ratio of 0.12. The stock’s fifty day simple moving average is $108.39 and its 200 day simple moving average is $108.89.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.73 by $0.03. The business had revenue of $83.13 billion for the quarter, compared to analyst estimates of $86.11 billion. Exxon Mobil had a return on equity of 12.06% and a net margin of 9.49%. Exxon Mobil’s quarterly revenue was up .1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.06 EPS. As a group, sell-side analysts predict that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Investors of record on Thursday, May 15th were given a dividend of $0.99 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $3.96 dividend on an annualized basis and a yield of 3.51%. Exxon Mobil’s dividend payout ratio is currently 52.52%.

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.