2,108 Shares in Exxon Mobil Co. (NYSE:XOM) Purchased by Lanham O Dell & Company Inc.

Lanham O Dell & Company Inc. bought a new stake in Exxon Mobil Co. (NYSE:XOM) during the fourth quarter, HoldingsChannel.com reports. The fund bought 2,108 shares of the oil and gas company’s stock, valued at approximately $227,000. Exxon Mobil accounts for approximately 0.1% of Lanham O Dell & Company Inc.’s holdings, making the stock its 25th largest holding.

Other hedge funds also recently modified their holdings of the company. Garrett Wealth Advisory Group LLC lifted its stake in shares of Exxon Mobil by 4.1% during the fourth quarter. Garrett Wealth Advisory Group LLC now owns 41,562 shares of the oil and gas company’s stock valued at $4,471,000 after buying an additional 1,629 shares during the period. Fidelis Capital Partners LLC lifted its stake in shares of Exxon Mobil by 11.4% during the 4th quarter. Fidelis Capital Partners LLC now owns 85,846 shares of the oil and gas company’s stock worth $9,193,000 after purchasing an additional 8,751 shares during the period. Alesco Advisors LLC boosted its holdings in shares of Exxon Mobil by 15.7% during the fourth quarter. Alesco Advisors LLC now owns 13,176 shares of the oil and gas company’s stock worth $1,417,000 after purchasing an additional 1,788 shares during the last quarter. LGT Group Foundation grew its position in shares of Exxon Mobil by 16.8% in the fourth quarter. LGT Group Foundation now owns 230,646 shares of the oil and gas company’s stock valued at $24,811,000 after purchasing an additional 33,223 shares during the period. Finally, DJE Kapital AG acquired a new position in Exxon Mobil in the fourth quarter valued at $13,656,000. 61.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Royal Bank of Canada reissued a “sector perform” rating and issued a $115.00 price target on shares of Exxon Mobil in a research note on Monday, February 3rd. Morgan Stanley raised their target price on shares of Exxon Mobil from $139.00 to $140.00 in a research report on Friday, January 31st. The Goldman Sachs Group lowered their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating for the company in a report on Friday, January 31st. Argus raised shares of Exxon Mobil to a “strong-buy” rating in a research note on Tuesday, February 4th. Finally, Mizuho lowered their price objective on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $129.25.

Exxon Mobil Stock Performance

Exxon Mobil stock opened at $107.55 on Wednesday. The firm has a market capitalization of $466.67 billion, a PE ratio of 13.72, a price-to-earnings-growth ratio of 3.02 and a beta of 0.89. Exxon Mobil Co. has a one year low of $104.32 and a one year high of $126.34. The stock’s 50 day moving average price is $109.00 and its 200 day moving average price is $114.04. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31.

Exxon Mobil (NYSE:XOM) last posted its earnings results 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 firm earned $2.48 EPS. As a group, sell-side analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th will be paid a dividend of $0.99 per share. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $3.96 annualized dividend and a dividend yield of 3.68%. Exxon Mobil’s dividend payout ratio is presently 50.51%.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the firm’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the sale, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.03% of the company’s stock.

About Exxon Mobil

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.