ExxonMobil (XOM) Stake Lifted by Prospera Financial Services Inc

Prospera Financial Services Inc lifted its stake in shares of ExxonMobil (NYSE:XOM) by 15.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,382 shares of the oil and gas company’s stock after acquiring an additional 5,120 shares during the period. Prospera Financial Services Inc’s holdings in ExxonMobil were worth $3,271,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in ExxonMobil by 3.5% in the second quarter. Vanguard Group Inc. now owns 309,411,379 shares of the oil and gas company’s stock valued at $24,978,780,000 after buying an additional 10,366,636 shares during the period. Capital Research Global Investors raised its holdings in ExxonMobil by 7.0% in the second quarter. Capital Research Global Investors now owns 31,570,269 shares of the oil and gas company’s stock valued at $2,548,668,000 after buying an additional 2,058,060 shares during the period. Dimensional Fund Advisors LP raised its holdings in ExxonMobil by 6.1% in the third quarter. Dimensional Fund Advisors LP now owns 27,892,268 shares of the oil and gas company’s stock valued at $2,286,658,000 after buying an additional 1,595,027 shares during the period. Legal & General Group Plc raised its holdings in ExxonMobil by 1.6% in the third quarter. Legal & General Group Plc now owns 23,551,940 shares of the oil and gas company’s stock valued at $1,930,784,000 after buying an additional 360,596 shares during the period. Finally, Schwab Charles Investment Management Inc. raised its holdings in ExxonMobil by 6.1% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 22,716,523 shares of the oil and gas company’s stock valued at $1,899,993,000 after buying an additional 1,314,210 shares during the period. Institutional investors and hedge funds own 53.13% of the company’s stock.

XOM stock opened at $77.43 on Thursday. ExxonMobil has a twelve month low of $72.15 and a twelve month high of $89.30. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.82 and a quick ratio of 0.52. The company has a market cap of $317,258.78, a PE ratio of 21.57, a P/E/G ratio of 1.12 and a beta of 0.91.



ExxonMobil (NYSE:XOM) last released its quarterly earnings results on Friday, February 2nd. The oil and gas company reported $0.88 earnings per share for the quarter, missing analysts’ consensus estimates of $1.06 by ($0.18). ExxonMobil had a return on equity of 8.00% and a net margin of 7.61%. The company had revenue of $66.52 billion for the quarter, compared to analyst estimates of $74.41 billion. During the same period in the previous year, the business posted $0.41 EPS. The firm’s quarterly revenue was up 9.0% compared to the same quarter last year. analysts anticipate that ExxonMobil will post 4.8 EPS for the current year.

Several research analysts recently commented on the stock. Goldman Sachs restated a “neutral” rating and issued a $96.00 price target on shares of ExxonMobil in a report on Thursday, February 1st. Wells Fargo set a $88.00 price target on shares of ExxonMobil and gave the company a “neutral” rating in a report on Thursday, January 11th. Vetr upgraded shares of ExxonMobil from a “buy” rating to a “strong-buy” rating and set a $92.90 price target on the stock in a report on Wednesday, December 13th. Barclays lowered shares of ExxonMobil from an “overweight” rating to an “underweight” rating and cut their price target for the company from $91.00 to $84.00 in a report on Tuesday, February 6th. Finally, Bank of America set a $100.00 price target on shares of ExxonMobil and gave the company a “buy” rating in a report on Wednesday, March 7th. Five analysts have rated the stock with a sell rating, fourteen have given a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the stock. ExxonMobil currently has a consensus rating of “Hold” and an average target price of $86.34.

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ExxonMobil Profile

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company also manufactures petroleum products; manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene, and polypropylene plastics, as well as various specialty products; and transports and sells crude oil, natural gas, and petroleum products.

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Institutional Ownership by Quarter for ExxonMobil (NYSE:XOM)

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