Exxon Mobil Co. (XOM) Position Increased by Physicians Financial Services Inc.

Physicians Financial Services Inc. increased its position in shares of Exxon Mobil Co. (NYSE:XOM) by 4.7% in the 4th quarter, HoldingsChannel reports. The firm owned 56,317 shares of the oil and gas company’s stock after purchasing an additional 2,551 shares during the period. Exxon Mobil accounts for approximately 2.8% of Physicians Financial Services Inc.’s portfolio, making the stock its 5th largest position. Physicians Financial Services Inc.’s holdings in Exxon Mobil were worth $3,840,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Mycio Wealth Partners LLC grew its holdings in Exxon Mobil by 4.9% in the 4th quarter. Mycio Wealth Partners LLC now owns 44,629 shares of the oil and gas company’s stock valued at $3,043,000 after buying an additional 2,097 shares in the last quarter. NuWave Investment Management LLC grew its holdings in Exxon Mobil by 9,100.0% in the 4th quarter. NuWave Investment Management LLC now owns 1,472 shares of the oil and gas company’s stock valued at $100,000 after buying an additional 1,456 shares in the last quarter. Financial Management Professionals Inc. grew its holdings in Exxon Mobil by 5.4% in the 4th quarter. Financial Management Professionals Inc. now owns 31,289 shares of the oil and gas company’s stock valued at $2,134,000 after buying an additional 1,602 shares in the last quarter. Mitsubishi UFJ Asset Management UK Ltd. grew its holdings in Exxon Mobil by 107.9% in the 4th quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 28,900 shares of the oil and gas company’s stock valued at $1,971,000 after buying an additional 15,000 shares in the last quarter. Finally, Rossmore Private Capital grew its holdings in Exxon Mobil by 6.4% in the 4th quarter. Rossmore Private Capital now owns 688,512 shares of the oil and gas company’s stock valued at $46,950,000 after buying an additional 41,175 shares in the last quarter. Hedge funds and other institutional investors own 54.53% of the company’s stock.

XOM opened at $81.13 on Monday. Exxon Mobil Co. has a 12-month low of $64.65 and a 12-month high of $87.36. The company has a current ratio of 0.84, a quick ratio of 0.51 and a debt-to-equity ratio of 0.10. The stock has a market cap of $343.79 billion, a P/E ratio of 16.46, a PEG ratio of 1.34 and a beta of 0.92.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, February 1st. The oil and gas company reported $1.51 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.08 by $0.43. Exxon Mobil had a return on equity of 10.84% and a net margin of 7.18%. The firm had revenue of $71.90 billion for the quarter, compared to analyst estimates of $78.87 billion. During the same quarter in the prior year, the company earned $0.88 EPS. Exxon Mobil’s revenue was up 8.1% on a year-over-year basis. Equities analysts forecast that Exxon Mobil Co. will post 4.18 earnings per share for the current year.

Several analysts have issued reports on XOM shares. Royal Bank of Canada restated a “buy” rating and issued a $95.00 target price on shares of Exxon Mobil in a report on Tuesday, February 19th. Macquarie raised Exxon Mobil from an “underperform” rating to an “outperform” rating and set a $83.00 price target on the stock in a research note on Thursday, February 14th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $87.00 price target on shares of Exxon Mobil in a research note on Tuesday, February 26th. HSBC reaffirmed a “buy” rating and issued a $85.00 price target on shares of Exxon Mobil in a research note on Wednesday, February 13th. Finally, Argus reaffirmed a “buy” rating on shares of Exxon Mobil in a research note on Wednesday, February 6th. Three analysts have rated the stock with a sell rating, fourteen have given a hold rating and eight have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $84.71.

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About Exxon Mobil

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 is also involved in the manufacture, trade, transport, and sale of crude oil, petroleum products, and other specialty products; and manufactures and markets petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals.

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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