4,473 Shares in Exxon Mobil Co. (NYSE:XOM) Bought by Kapitalo Investimentos Ltda

Kapitalo Investimentos Ltda bought a new stake in Exxon Mobil Co. (NYSE:XOM) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 4,473 shares of the oil and gas company’s stock, valued at approximately $524,000.

Other hedge funds have also made changes to their positions in the company. FPC Investment Advisory Inc. purchased a new position in Exxon Mobil in the 1st quarter valued at $25,000. Fairway Wealth LLC purchased a new stake in shares of Exxon Mobil in the second quarter valued at about $35,000. Anfield Capital Management LLC increased its stake in shares of Exxon Mobil by 360.0% during the second quarter. Anfield Capital Management LLC now owns 322 shares of the oil and gas company’s stock worth $37,000 after acquiring an additional 252 shares during the period. Fairscale Capital LLC purchased a new position in Exxon Mobil during the second quarter worth about $39,000. Finally, POM Investment Strategies LLC raised its holdings in Exxon Mobil by 918.9% during the second quarter. POM Investment Strategies LLC now owns 377 shares of the oil and gas company’s stock worth $43,000 after purchasing an additional 340 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Stock Down 3.0 %

XOM stock opened at $120.37 on Wednesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 1.01. Exxon Mobil Co. has a 12 month low of $95.77 and a 12 month high of $126.34. The firm has a market capitalization of $474.62 billion, a PE ratio of 14.75, a P/E/G ratio of 5.02 and a beta of 0.89. The company’s 50 day simple moving average is $117.22 and its 200-day simple moving average is $116.43.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, August 2nd. The oil and gas company reported $2.14 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.10. The company had revenue of $93.06 billion during the quarter, compared to the consensus estimate of $90.09 billion. Exxon Mobil had a return on equity of 16.07% and a net margin of 9.73%. Exxon Mobil’s revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.94 earnings per share. Equities analysts expect that Exxon Mobil Co. will post 8.11 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Thursday, August 15th were paid a dividend of $0.95 per share. The ex-dividend date was Thursday, August 15th. This represents a $3.80 annualized dividend and a dividend yield of 3.16%. Exxon Mobil’s dividend payout ratio is currently 46.57%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on XOM shares. Barclays dropped their target price on Exxon Mobil from $142.00 to $137.00 and set an “overweight” rating on the stock in a research report on Thursday, October 3rd. UBS Group dropped their price objective on Exxon Mobil from $157.00 to $149.00 and set a “buy” rating on the stock in a report on Wednesday, September 18th. Redburn Atlantic reissued a “neutral” rating and issued a $120.00 target price (up previously from $119.00) on shares of Exxon Mobil in a report on Tuesday, September 24th. BMO Capital Markets upped their price target on shares of Exxon Mobil from $127.00 to $130.00 and gave the stock a “market perform” rating in a research note on Friday, October 4th. Finally, Wolfe Research began coverage on shares of Exxon Mobil in a research note on Thursday, July 18th. They issued an “outperform” rating and a $146.00 price objective for the company. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Exxon Mobil has an average rating of “Moderate Buy” and a consensus target price of $131.88.

Exxon Mobil 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.