L. Roy Papp & Associates LLP Sells 173 Shares of Exxon Mobil Co. (NYSE:XOM)

L. Roy Papp & Associates LLP trimmed its position in Exxon Mobil Co. (NYSE:XOM) by 0.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 96,486 shares of the oil and gas company’s stock after selling 173 shares during the period. Exxon Mobil comprises 1.2% of L. Roy Papp & Associates LLP’s portfolio, making the stock its 25th biggest holding. L. Roy Papp & Associates LLP’s holdings in Exxon Mobil were worth $10,379,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of XOM. Wedge Capital Management L L P NC lifted its position in shares of Exxon Mobil by 1.8% during the 3rd quarter. Wedge Capital Management L L P NC now owns 7,077 shares of the oil and gas company’s stock valued at $830,000 after buying an additional 126 shares in the last quarter. Creative Planning lifted its position in shares of Exxon Mobil by 0.5% during the 3rd quarter. Creative Planning now owns 1,801,232 shares of the oil and gas company’s stock valued at $211,140,000 after buying an additional 9,733 shares in the last quarter. Vontobel Holding Ltd. lifted its position in shares of Exxon Mobil by 26.0% during the 3rd quarter. Vontobel Holding Ltd. now owns 88,290 shares of the oil and gas company’s stock valued at $10,349,000 after buying an additional 18,230 shares in the last quarter. Community Bank of Raymore lifted its position in shares of Exxon Mobil by 0.9% during the 3rd quarter. Community Bank of Raymore now owns 21,684 shares of the oil and gas company’s stock valued at $2,542,000 after buying an additional 200 shares in the last quarter. Finally, Probity Advisors Inc. lifted its position in shares of Exxon Mobil by 1.6% during the 3rd quarter. Probity Advisors Inc. now owns 8,867 shares of the oil and gas company’s stock valued at $1,039,000 after buying an additional 143 shares in the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

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

Analyst Upgrades and Downgrades

A number of research analysts recently commented on XOM shares. HSBC lowered their price target on Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a report on Friday, January 31st. Wells Fargo & Company lowered their price target on Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating on the stock in a report on Monday, February 3rd. The Goldman Sachs Group reduced their price objective on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a research note on Friday, January 31st. TD Cowen reduced their price objective on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a research note on Monday, December 16th. Finally, Argus raised Exxon Mobil to a “strong-buy” rating in a research note on Tuesday, February 4th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $129.25.

Exxon Mobil Stock Performance

Shares of Exxon Mobil stock opened at $108.17 on Friday. The stock’s fifty day moving average is $108.88 and its two-hundred day moving average is $114.78. The company has a market capitalization of $475.42 billion, a PE ratio of 13.80, a price-to-earnings-growth ratio of 2.94 and a beta of 0.89. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. Exxon Mobil Co. has a 52 week low of $100.60 and a 52 week high of $126.34.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data 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 net margin of 9.63% and a return on equity of 12.92%. During the same period in the prior year, the company posted $2.48 earnings per share. As a group, analysts expect that Exxon Mobil Co. will post 7.37 earnings per share for the current year.

Exxon Mobil Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be issued a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 3.66%. The ex-dividend date of this dividend is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio is 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.