Exxon Mobil reiterated as Hold By HSBC Securities
- Author: Zachary Reyes Mar 10, 2017,
Mar 10, 2017, 16:13
Barclays Capital maintained the stock with "Underweight" rating in Thursday, September 3 report. City Holding Co. boosted its stake in Exxon Mobil Corporation by 1.2% in the second quarter.
Several other hedge funds have also recently made changes to their positions in XOM. Psagot Investment House Ltd. acquired a new stake in Exxon Mobil during the fourth quarter valued at $119,000. The number of times the company missed analysts' estimates is 2.
Twin Capital Management Inc. reduced its stake in Exxon Mobil Co. Ibm Retirement Fund invested 0.05% in American Water Works Company Inc (NYSE:AWK). Mufg Americas holds 1.91% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 637,290 shares. The stock of Exxon Mobil Corporation (NYSE:XOM) earned "Conviction Buy" rating by Goldman Sachs on Wednesday, July 22. The stock has a market cap of $358.03 billion, a PE ratio of 40.42 and a beta of 0.89. The 52 week high Exxon Mobil's shares have peaked at is 95.55 whilst the 52 week low for the company's shares is 80.76. The company has a 50-day moving average of $83.16 and a 200 day moving average of $86.07. The company reported $0.63 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.60 by $0.03. The average analysts gave this company a mean recommendation of 2.70. The corporation has return on equity of -950.70% and while returns on assets was calculated 19.60% with 12.77% year to date performance. The firm's revenue for the quarter was up 2.0% on a year-over-year basis. On average, analysts expect that Exxon Mobil Corporation will post $2.19 earnings per share for the current year. Equities research analysts forecast that Exxon Mobil Co. will post $4.10 earnings per share for the current year.
Since November 15, 2016, it had 0 buys, and 9 selling transactions for $6.88 million activity. This represents a $3.00 annualized dividend and a dividend yield of 3.70%. The ex-dividend date of this dividend is Tuesday, February 7th. Exxon Mobil's payout ratio is now 159.58%.
Smith Moore & CO. decreased its stake in Exxon Mobil Co. If you are accessing this story on another domain, it was copied illegally and republished in violation of U.S. and worldwide copyright & trademark law. The legal version of this piece can be viewed at https://baseballnewssource.com/markets/exxon-mobil-co-xom-shares-bought-by-national-planning-corp/492829.html. Stock has got OUTPERFORM rating from 3 analysts of Thomson Reuters, 15 analysts given HOLD rating to the stock and 2 given UNDERPERFORM rating. Bank of America Corporation set a $100.00 target price on shares of Exxon Mobil Corporation and gave the stock a hold rating in a research note on Monday, October 10th.
The broker said it has now set a "Hold" rating on shares of Exxon Mobil with a price target of 85.
Exxon Mobil Corporation (NYSE:XOM) runs in leading trade, it felling down to knees -1.81% to traded at $81.03.
Exxon Mobil has 4,146,513,000 shares which are now outstanding with a price of 81.29 calculating Exxon Mobil's market capitalisation to 337.05B United States dollars. Analyst's mean target price for XOM is $88.57 while analysts mean recommendation is 3.10.
In other news, insider Sara N. Ortwein sold 5,000 shares of the stock in a transaction that occurred on Thursday, December 15th. The shares were sold at an average price of $90.88, for a total transaction of $454,400.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Meanwhile, Vice President Wascom Dennis G sold 4,400 shares worth $404800, through a transaction dated 2016-12-13. Texas Permanent School Fund owns 0.05% invested in American Water Works Company Inc (NYSE:AWK) for 53,324 shares. The disclosure for this sale can be found here.
J P Morgan Chase & Co set a $94.00 price objective on Exxon Mobil Corporation (NYSE:XOM) in a research note released on Monday morning.