Joseph P. Lucia & Associates LLC Acquires Shares of 2,195 Exxon Mobil Co. (NYSE:XOM)

Joseph P. Lucia & Associates LLC bought a new position in Exxon Mobil Co. (NYSE:XOM) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 2,195 shares of the oil and gas company’s stock, valued at approximately $236,000.

Other large investors have also made changes to their positions in the company. FSC Wealth Advisors LLC boosted its stake in Exxon Mobil by 13.2% in the 4th quarter. FSC Wealth Advisors LLC now owns 1,773 shares of the oil and gas company’s stock worth $191,000 after purchasing an additional 207 shares during the period. IRON Financial LLC lifted its holdings in shares of Exxon Mobil by 3.0% in the fourth quarter. IRON Financial LLC now owns 8,437 shares of the oil and gas company’s stock valued at $908,000 after purchasing an additional 247 shares in the last quarter. Greenup Street Wealth Management LLC boosted its position in shares of Exxon Mobil by 4.2% in the fourth quarter. Greenup Street Wealth Management LLC now owns 18,982 shares of the oil and gas company’s stock worth $2,042,000 after buying an additional 773 shares during the period. BankPlus Wealth Management LLC purchased a new position in shares of Exxon Mobil during the fourth quarter valued at $422,000. Finally, Northwest Financial Advisors raised its position in Exxon Mobil by 11.5% during the fourth quarter. Northwest Financial Advisors now owns 6,059 shares of the oil and gas company’s stock valued at $652,000 after buying an additional 626 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on XOM. Wolfe Research raised their price objective on Exxon Mobil from $137.00 to $138.00 in a research report on Thursday, October 31st. Barclays decreased their price target on shares of Exxon Mobil from $142.00 to $137.00 and set an “overweight” rating for the company in a report on Thursday, October 3rd. BNP Paribas lowered shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 price objective on the stock. in a research note on Wednesday, October 9th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $115.00 target price on shares of Exxon Mobil in a research report on Thursday, December 12th. Finally, UBS Group lowered their price target on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $128.84.

Exxon Mobil Stock Up 0.7 %

Shares of XOM stock opened at $109.48 on Friday. The company has a market capitalization of $481.18 billion, a price-to-earnings ratio of 13.63, a PEG ratio of 2.86 and a beta of 0.91. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35. The stock’s 50 day simple moving average is $110.91 and its 200 day simple moving average is $115.33. Exxon Mobil Co. has a twelve month low of $100.42 and a twelve month high of $126.34.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, topping analysts’ consensus estimates of $1.91 by $0.01. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The business had revenue of $90.02 billion during the quarter, compared to analysts’ expectations of $93.98 billion. During the same period in the previous year, the company earned $2.27 earnings per share. Exxon Mobil’s revenue for the quarter was down .8% on a year-over-year basis. As a group, research analysts predict that Exxon Mobil Co. will post 7.77 EPS for the current year.

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.