Wealthcare Capital Partners LLC Makes New $488,000 Investment in Exxon Mobil Co. (NYSE:XOM)

Wealthcare Capital Partners LLC purchased a new stake in Exxon Mobil Co. (NYSE:XOM) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 4,538 shares of the oil and gas company’s stock, valued at approximately $488,000.

Several other hedge funds have also recently modified their holdings of the business. Sovran Advisors LLC bought a new position in Exxon Mobil in the fourth quarter worth approximately $1,387,000. Strengthening Families & Communities LLC raised its position in shares of Exxon Mobil by 4.2% in the 4th quarter. Strengthening Families & Communities LLC now owns 31,957 shares of the oil and gas company’s stock worth $3,438,000 after acquiring an additional 1,297 shares in the last quarter. Peterson Wealth Services lifted its stake in shares of Exxon Mobil by 5.2% during the 4th quarter. Peterson Wealth Services now owns 22,105 shares of the oil and gas company’s stock worth $2,378,000 after purchasing an additional 1,097 shares during the last quarter. Axecap Investments LLC boosted its position in Exxon Mobil by 3.2% during the fourth quarter. Axecap Investments LLC now owns 3,730 shares of the oil and gas company’s stock valued at $401,000 after purchasing an additional 115 shares in the last quarter. Finally, Stonebridge Financial Group LLC purchased a new position in Exxon Mobil in the fourth quarter valued at about $1,252,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of the stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the sale, the vice president now owns 18,087 shares of the company’s stock, valued at approximately $1,989,570. This represents a 10.40 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on XOM. Argus raised shares of Exxon Mobil to a “strong-buy” rating in a report on Tuesday, February 4th. Morgan Stanley boosted their target price on shares of Exxon Mobil from $139.00 to $140.00 in a research report on Friday, January 31st. HSBC cut their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a report on Friday, January 31st. Scotiabank reduced their target price on Exxon Mobil from $145.00 to $140.00 in a research note on Friday, January 31st. Finally, Wolfe Research raised their price target on shares of Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Exxon Mobil currently has an average rating of “Moderate Buy” and a consensus price target of $129.25.

Exxon Mobil Stock Up 0.0 %

Shares of NYSE:XOM opened at $108.17 on Friday. Exxon Mobil Co. has a 12-month low of $100.60 and a 12-month high of $126.34. The stock’s 50-day moving average price is $108.88 and its two-hundred day moving average price is $114.78. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. The firm has a market cap of $475.42 billion, a price-to-earnings ratio of 13.80, a PEG ratio of 2.94 and a beta of 0.89.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. During the same quarter last year, the business posted $2.48 EPS. On average, research analysts forecast that Exxon Mobil Co. will post 7.37 EPS for the current year.

Exxon Mobil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be given a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a yield of 3.66%. The ex-dividend date of this dividend is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is presently 50.51%.

About Exxon Mobil

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.