MFA Wealth Advisors LLC Grows Holdings in Exxon Mobil Co. (NYSE:XOM)

MFA Wealth Advisors LLC raised its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 5.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 41,705 shares of the oil and gas company’s stock after purchasing an additional 2,009 shares during the period. Exxon Mobil accounts for 1.1% of MFA Wealth Advisors LLC’s portfolio, making the stock its 25th largest position. MFA Wealth Advisors LLC’s holdings in Exxon Mobil were worth $4,486,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Canvas Wealth Advisors LLC lifted its stake in shares of Exxon Mobil by 4.0% in the fourth quarter. Canvas Wealth Advisors LLC now owns 4,464 shares of the oil and gas company’s stock worth $480,000 after buying an additional 173 shares in the last quarter. Angeles Wealth Management LLC lifted its holdings in shares of Exxon Mobil by 27.1% during the fourth quarter. Angeles Wealth Management LLC now owns 29,842 shares of the oil and gas company’s stock valued at $3,210,000 after purchasing an additional 6,364 shares in the last quarter. Wealthstar Advisors LLC bought a new stake in Exxon Mobil in the 4th quarter worth about $1,800,000. Stiles Financial Services Inc raised its position in Exxon Mobil by 11.3% in the 4th quarter. Stiles Financial Services Inc now owns 16,210 shares of the oil and gas company’s stock worth $1,744,000 after buying an additional 1,646 shares during the last quarter. Finally, Compass Financial Services Inc bought a new position in Exxon Mobil during the 4th quarter valued at about $48,000. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. TD Cowen decreased their price objective on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a report on Monday, December 16th. HSBC dropped their price target on Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a research note on Friday, January 31st. Mizuho reduced their price objective on Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating for the company in a research report on Monday, December 16th. Wolfe Research boosted their price target on Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. Finally, Scotiabank dropped their price objective on shares of Exxon Mobil from $145.00 to $140.00 in a report on Friday, January 31st. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Exxon Mobil has an average rating of “Moderate Buy” and an average target price of $129.25.

Insider Activity at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the transaction, the vice president now owns 18,087 shares in the company, valued at $1,989,570. This trade represents a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.03% of the stock is currently owned by insiders.

Exxon Mobil Stock Performance

XOM opened at $107.37 on Thursday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. The stock has a market capitalization of $471.90 billion, a price-to-earnings ratio of 13.70, a PEG ratio of 2.94 and a beta of 0.89. The company has a fifty day moving average of $109.16 and a 200 day moving average of $114.88. Exxon Mobil Co. has a fifty-two week low of $100.42 and a fifty-two week high of $126.34.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing analysts’ consensus estimates of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same period in the previous year, the business posted $2.48 EPS. As a group, sell-side analysts forecast that Exxon Mobil Co. will post 7.37 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th will be given a dividend of $0.99 per share. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.69%. Exxon Mobil’s dividend payout ratio is currently 50.51%.

Exxon Mobil Company 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.