Chicago Capital LLC Purchases 908 Shares of Exxon Mobil Co. (NYSE:XOM)
Chicago Capital LLC boosted its position in Exxon Mobil Co. (NYSE:XOM – Free Report) by 0.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 304,426 shares of the oil and gas company’s stock after acquiring an additional 908 shares during the […] Chicago Capital LLC purchased 908 shares of Exxon Mobil Co. (NYSE:XOM) during the 4th quarter, increasing its position to 304,426 shares. The institutional investor increased this position by 0.3% and owned an additional 908 Shares during the period. The company's holdings were worth $30,437,000 as of its most recent SEC filing. Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Meyer Handelman Co. lifted its holdings in Exxon Mobil by 5.9% in the third quarter and now owns 390,975 shares of the company’s stock valued at $45,971,000.
Published : a month ago by Defense World Staff in Finance
Chicago Capital LLC boosted its position in Exxon Mobil Co. (NYSE:XOM – Free Report) by 0.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 304,426 shares of the oil and gas company’s stock after acquiring an additional 908 shares during the period. Chicago Capital LLC’s holdings in Exxon Mobil were worth $30,437,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Assenagon Asset Management S.A. boosted its holdings in Exxon Mobil by 83.0% in the third quarter. Assenagon Asset Management S.A. now owns 1,269,030 shares of the oil and gas company’s stock worth $149,213,000 after acquiring an additional 575,649 shares in the last quarter. Qsemble Capital Management LP boosted its holdings in Exxon Mobil by 34.3% in the third quarter. Qsemble Capital Management LP now owns 4,700 shares of the oil and gas company’s stock worth $553,000 after acquiring an additional 1,200 shares in the last quarter. RNC Capital Management LLC boosted its holdings in Exxon Mobil by 5.5% in the fourth quarter. RNC Capital Management LLC now owns 87,926 shares of the oil and gas company’s stock worth $8,791,000 after acquiring an additional 4,585 shares in the last quarter. Meyer Handelman Co. lifted its holdings in shares of Exxon Mobil by 5.9% in the third quarter. Meyer Handelman Co. now owns 390,975 shares of the oil and gas company’s stock valued at $45,971,000 after purchasing an additional 21,895 shares in the last quarter. Finally, Flputnam Investment Management Co. lifted its holdings in shares of Exxon Mobil by 36.0% in the third quarter. Flputnam Investment Management Co. now owns 87,395 shares of the oil and gas company’s stock valued at $10,276,000 after purchasing an additional 23,148 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.
XOM has been the topic of a number of recent research reports. TD Cowen raised their target price on Exxon Mobil from $115.00 to $120.00 and gave the company a “buy” rating in a report on Monday. UBS Group dropped their target price on Exxon Mobil from $133.00 to $132.00 and set a “buy” rating on the stock in a report on Tuesday, January 23rd. Erste Group Bank restated a “hold” rating on shares of Exxon Mobil in a report on Friday, December 22nd. Piper Sandler dropped their target price on Exxon Mobil from $142.00 to $130.00 and set an “overweight” rating on the stock in a report on Thursday, March 14th. Finally, Mizuho raised their target price on Exxon Mobil from $119.00 to $125.00 and gave the company a “neutral” rating in a report on Tuesday, March 19th. Nine analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $128.47.
In other news, VP Darrin L. Talley sold 2,400 shares of Exxon Mobil stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total value of $252,000.00. Following the completion of the transaction, the vice president now directly owns 30,189 shares in the company, valued at $3,169,845. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.04% of the company’s stock.
NYSE:XOM opened at $119.32 on Wednesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.48 and a quick ratio of 1.09. The business has a fifty day simple moving average of $106.51 and a two-hundred day simple moving average of $105.88. Exxon Mobil Co. has a 1 year low of $95.77 and a 1 year high of $120.70. The company has a market capitalization of $473.44 billion, a P/E ratio of 13.42, a P/E/G ratio of 4.26 and a beta of 0.96.
Exxon Mobil (NYSE:XOM – Get Free Report) last released its earnings results on Friday, February 2nd. The oil and gas company reported $2.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.20 by $0.28. Exxon Mobil had a return on equity of 18.51% and a net margin of 10.45%. The business had revenue of $84.34 billion during the quarter, compared to the consensus estimate of $90.03 billion. During the same period last year, the business posted $3.40 earnings per share. The business’s revenue for the quarter was down 11.6% on a year-over-year basis. On average, analysts expect that Exxon Mobil Co. will post 9.11 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Wednesday, February 14th were given a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a yield of 3.18%. The ex-dividend date of this dividend was Tuesday, February 13th. Exxon Mobil’s dividend payout ratio is currently 42.74%.
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.
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Topics: Markets