769 Shares in Exxon Mobil Co. (NYSE:XOM) Purchased by Centricity Wealth Management LLC

Centricity Wealth Management LLC acquired a new stake in shares of Exxon Mobil Co. (NYSE:XOM) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 769 shares of the oil and gas company’s stock, valued at approximately $83,000.

Other large investors also recently modified their holdings of the company. JMG Financial Group Ltd. boosted its stake in shares of Exxon Mobil by 8.7% in the 4th quarter. JMG Financial Group Ltd. now owns 4,592 shares of the oil and gas company’s stock valued at $494,000 after purchasing an additional 369 shares in the last quarter. Trinity Legacy Partners LLC boosted its position in Exxon Mobil by 14.9% in the fourth quarter. Trinity Legacy Partners LLC now owns 16,405 shares of the oil and gas company’s stock valued at $1,765,000 after buying an additional 2,132 shares in the last quarter. FDx Advisors Inc. grew its stake in Exxon Mobil by 9.9% during the fourth quarter. FDx Advisors Inc. now owns 4,655 shares of the oil and gas company’s stock worth $501,000 after buying an additional 421 shares during the last quarter. Nicholson Wealth Management Group LLC increased its holdings in shares of Exxon Mobil by 2.6% during the fourth quarter. Nicholson Wealth Management Group LLC now owns 7,678 shares of the oil and gas company’s stock worth $826,000 after buying an additional 195 shares in the last quarter. Finally, Tandem Investment Advisors Inc. raised its stake in shares of Exxon Mobil by 14.1% in the fourth quarter. Tandem Investment Advisors Inc. now owns 2,511 shares of the oil and gas company’s stock valued at $270,000 after acquiring an additional 311 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Price Performance

XOM stock opened at $110.67 on Monday. The stock has a market cap of $480.20 billion, a PE ratio of 14.12, a price-to-earnings-growth ratio of 3.02 and a beta of 0.89. The stock has a 50-day moving average price of $108.60 and a two-hundred day moving average price of $114.48. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. Exxon Mobil Co. has a 1 year low of $102.88 and a 1 year high of $126.34.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing analysts’ consensus estimates of $1.77 by ($0.10). Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. During the same quarter last year, the company earned $2.48 EPS. Equities analysts forecast that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be given a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.58%. The ex-dividend date is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is currently 50.51%.

Insider Buying and Selling at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the completion of the sale, the vice president now directly owns 18,087 shares in the company, valued at $1,989,570. The trade was a 10.40 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on XOM. TD Cowen decreased their price target on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a research report on Monday, December 16th. Wolfe Research lifted their target price on Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. BMO Capital Markets cut their price target on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating on the stock in a research note on Friday, January 31st. Morgan Stanley lifted their price objective on Exxon Mobil from $139.00 to $140.00 in a research report on Friday, January 31st. Finally, Wells Fargo & Company reduced their target price on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating on the stock in a research note on Monday, February 3rd. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $129.25.

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.