Smith Salley & Associates Purchases 372 Shares of Exxon Mobil Co. (XOM)
- Author: Arturo Norris Feb 28, 2017,
Feb 28, 2017, 21:29
Finally, Macquarie reissued an "underperform" rating and set a $75.00 price target on shares of Exxon Mobil Corporation in a research report on Saturday, December 17th. The stock was trading on below-average volume. Smith Salley & Associates' holdings in Exxon Mobil were worth $7,900,000 at the end of the most recent quarter. On average, analysts forecast that Exxon Mobil Co. will post $4.14 earnings per share for the current year. The company has grown 19.59% in past 3 months and in the last five trades has moved up 3.89%.
Exxon Mobil Corporation (NYSE:XOM) has the market capitalization of $338.43 Billion. Institutional Investors own 51.39% of Exxon Mobil Corporation shares. Ruggie Capital Group now owns 3,312 shares of the company's stock worth $288,000 after buying an additional 16 shares during the last quarter. Psagot Investment House Ltd. acquired a new stake in shares of Exxon Mobil during the fourth quarter valued at about $119,000. The original version of this article can be read at https://www.com-unik.info/2017/02/28/essex-financial-services-inc-acquires-2034-shares-of-exxon-mobil-co-xom.html.
The highest price XOM stock touched in the last 12 month was $95.55 and the lowest price it hit in the same period was $80.05. During the same quarter a year ago, the company earned $0.67 EPS.
Exxon Mobil Corporation stock has recorded a 20-day Moving Average of 1.87% and the 50-Day Moving Average is 5.48%.The 200 Day SMA reached 6.1%Exxon Mobil Corporation is having a Relative Strength Index of 34.4 which indicates the stock is not yet over sold or over bought based on the technical indicators.Exxon Mobil Corporation (NYSE:XOM) has tumbled 0.83% during the past week and has dropped 5.18% in the last 4 week period. The company beat the analyst EPS Estimate with the difference of $0.2. Exxon Mobil Corp. The business had revenue of $58.68 billion for the quarter, compared to the consensus estimate of $61.34 billion. In the past 5 years, the stock showed growth of -25.18% per annum. The firm's quarterly revenue was up 2.0% on a year-over-year basis.
The company also recently disclosed a quarterly dividend, which was paid on Friday, December 9th. This represents a $3.00 annualized dividend and a dividend yield of 3.68%. The ex-dividend date is Tuesday, February 7th. Company price to earnings (P/E) ratio, which measures the relationship between the earnings of a company and its stock price, is calculated as 43.44.
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Several equities research analysts have recently weighed in on XOM shares. Goldman Sachs Group, Inc. Finally, Vetr upgraded shares of Exxon Mobil Corp. from a "hold" rating to a "buy" rating and set a $90.31 price objective on the stock in a research report on Tuesday, September 13th. The average and low price target for the stock are $88.57 and $72, respectively. Exxon Mobil Corp.'s payout ratio is 140.19%. Eight investment analysts have rated the stock with a sell rating, twelve have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. Barclays PLC cut their price target on Exxon Mobil from $97.00 to $94.00 and set an "equal weight" rating for the company in a report on Wednesday, February 1st. The stock was sold at an average price of $87.42, for a total transaction of $496,982.70. In lieu of such filings, ExxonMobil is permitted, following the Decision, to provide disclosure in respect of its oil and gas activities in the form permitted by, and in accordance with, the legal requirements of the United States Securities and Exchange Commission, the United States Securities Act 1933, as amended, the United States Securities Exchange Act of 1934, as amended, the United States Sarbanes-Oxley Act of 2002 and the rules of the New York Stock Exchange (collectively, the "U.S. Rules"). Also, insider Sara N. Ortwein sold 5,000 shares of the company's stock in a transaction on Thursday, December 15th.
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