Kapstone Financial Advisors LLC Sells 255 Shares of Exxon Mobil Co. (NYSE:XOM)

Kapstone Financial Advisors LLC decreased its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 2.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,530 shares of the oil and gas company’s stock after selling 255 shares during the period. Exxon Mobil accounts for about 0.7% of Kapstone Financial Advisors LLC’s holdings, making the stock its 25th largest holding. Kapstone Financial Advisors LLC’s holdings in Exxon Mobil were worth $1,253,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Keystone Financial Group Inc. bought a new position in shares of Exxon Mobil in the 4th quarter worth approximately $36,000. Retirement Wealth Solutions LLC bought a new position in shares of Exxon Mobil in the 4th quarter worth approximately $46,000. Compass Planning Associates Inc bought a new position in shares of Exxon Mobil in the 4th quarter worth approximately $47,000. Synergy Investment Management LLC bought a new position in shares of Exxon Mobil in the 4th quarter worth approximately $47,000. Finally, Compass Financial Services Inc bought a new position in shares of Exxon Mobil in the 4th quarter worth approximately $48,000. Institutional investors own 61.80% of the company’s stock.

Wall Street Analyst Weigh In

XOM has been the subject of several research reports. Scotiabank decreased their target price on Exxon Mobil from $145.00 to $140.00 in a research report on Friday, January 31st. HSBC decreased their target price on Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a research report on Friday, January 31st. Wells Fargo & Company reduced their price objective on Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating for the company in a research report on Monday, February 3rd. BMO Capital Markets reduced their price objective on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a research report on Friday, January 31st. Finally, UBS Group reduced their price objective on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a research report on Thursday, December 12th. 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. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $129.25.

Exxon Mobil Stock Performance

XOM stock opened at $105.51 on Thursday. The company has a market cap of $457.82 billion, a P/E ratio of 13.46, a price-to-earnings-growth ratio of 3.02 and a beta of 0.89. Exxon Mobil Co. has a 1 year low of $103.67 and a 1 year high of $126.34. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97. The stock’s fifty day moving average price is $108.98 and its 200-day moving average price is $113.98.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (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 period in the previous year, the company earned $2.48 earnings per share. On average, equities analysts forecast that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th will be paid a $0.99 dividend. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.75%. Exxon Mobil’s dividend payout ratio (DPR) is currently 50.51%.

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction 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 transaction, the vice president now directly owns 18,087 shares in the company, valued at approximately $1,989,570. The trade was 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 accessible through the SEC website. Company insiders own 0.03% of the company’s stock.

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.