American Financial & Tax Strategies Inc. Has $449,000 Stake in Exxon Mobil Co. (NYSE:XOM)

American Financial & Tax Strategies Inc. grew its holdings in Exxon Mobil Co. (NYSE:XOM) by 2.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,175 shares of the oil and gas company’s stock after purchasing an additional 116 shares during the period. American Financial & Tax Strategies Inc.’s holdings in Exxon Mobil were worth $449,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of XOM. Strategic Financial Concepts LLC boosted its holdings in shares of Exxon Mobil by 11,131.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,792,811 shares of the oil and gas company’s stock worth $192,853,000 after purchasing an additional 1,776,848 shares during the period. Ledyard National Bank lifted its position in Exxon Mobil by 0.4% in the 4th quarter. Ledyard National Bank now owns 41,140 shares of the oil and gas company’s stock worth $4,425,000 after buying an additional 150 shares in the last quarter. Leo Wealth LLC boosted its stake in shares of Exxon Mobil by 4.8% during the 4th quarter. Leo Wealth LLC now owns 42,207 shares of the oil and gas company’s stock valued at $4,540,000 after buying an additional 1,932 shares during the period. 1900 Wealth Management LLC grew its holdings in shares of Exxon Mobil by 17.9% during the 4th quarter. 1900 Wealth Management LLC now owns 34,444 shares of the oil and gas company’s stock valued at $3,705,000 after acquiring an additional 5,228 shares in the last quarter. Finally, Consolidated Portfolio Review Corp increased its stake in shares of Exxon Mobil by 57.5% in the fourth quarter. Consolidated Portfolio Review Corp now owns 10,704 shares of the oil and gas company’s stock worth $1,151,000 after acquiring an additional 3,906 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Stock Up 1.9 %

XOM stock opened at $110.98 on Tuesday. The business’s 50-day simple moving average is $109.41 and its 200 day simple moving average is $114.97. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The company has a market cap of $487.75 billion, a PE ratio of 14.15, a price-to-earnings-growth ratio of 2.94 and a beta of 0.89. 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 earnings results on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing analysts’ consensus estimates 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 last year, the business earned $2.48 earnings per share. On average, research analysts anticipate that Exxon Mobil Co. will post 7.37 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th will be given a dividend of $0.99 per share. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $3.96 annualized dividend and a dividend yield of 3.57%. Exxon Mobil’s dividend payout ratio (DPR) is currently 50.51%.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Morgan Stanley boosted their target price on Exxon Mobil from $139.00 to $140.00 in a research note on Friday, January 31st. BMO Capital Markets dropped their price objective on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating on the stock in a report on Friday, January 31st. HSBC decreased their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a research report on Friday, January 31st. UBS Group reduced their price objective on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a research note on Thursday, December 12th. Finally, Argus raised shares of Exxon Mobil to a “strong-buy” rating in a research report on Tuesday, February 4th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, Exxon Mobil has an average rating of “Moderate Buy” and a consensus price target of $129.25.

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,100 shares of the company’s stock in a transaction that occurred 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 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 transaction was disclosed in a document filed with the SEC, which is accessible through this link. 0.03% of the stock is currently owned by insiders.

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.