Paradigm Capital Management LLC NV Acquires 227 Shares of Exxon Mobil Co. (NYSE:XOM)

Paradigm Capital Management LLC NV lifted its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 1.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 14,244 shares of the oil and gas company’s stock after buying an additional 227 shares during the quarter. Exxon Mobil comprises approximately 1.4% of Paradigm Capital Management LLC NV’s investment portfolio, making the stock its 21st largest holding. Paradigm Capital Management LLC NV’s holdings in Exxon Mobil were worth $1,532,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of XOM. Mufg Securities Americas Inc. bought a new position in shares of Exxon Mobil in the fourth quarter valued at $6,979,000. Main Street Group LTD boosted its stake in Exxon Mobil by 19.4% during the 4th quarter. Main Street Group LTD now owns 1,636 shares of the oil and gas company’s stock valued at $176,000 after purchasing an additional 266 shares during the last quarter. Malaga Cove Capital LLC bought a new stake in Exxon Mobil during the 4th quarter worth approximately $333,000. Nan Shan Life Insurance Co. Ltd. lifted its holdings in shares of Exxon Mobil by 2,034.6% in the fourth quarter. Nan Shan Life Insurance Co. Ltd. now owns 182,811 shares of the oil and gas company’s stock valued at $19,665,000 after purchasing an additional 174,247 shares in the last quarter. Finally, Nearwater Capital Markets Ltd bought a new position in shares of Exxon Mobil in the fourth quarter valued at approximately $27,968,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Stock Up 0.3%

XOM stock opened at $109.45 on Wednesday. The company’s 50-day moving average price is $109.08 and its 200 day moving average price is $111.00. The company has a market cap of $471.69 billion, a P/E ratio of 13.96, a P/E/G ratio of 3.02 and a beta of 0.51. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. Exxon Mobil Co. has a 52 week low of $97.80 and a 52 week high of $126.34.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.73 by $0.03. The business had revenue of $83.13 billion for the quarter, compared to the consensus estimate of $86.11 billion. Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. The business’s revenue was up .1% on a year-over-year basis. During the same period in the prior year, the business earned $2.06 earnings per share. On average, research analysts expect that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Thursday, May 15th will be issued a $0.99 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.96 annualized dividend and a yield of 3.62%. Exxon Mobil’s payout ratio is 52.52%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. UBS Group lowered their price target on shares of Exxon Mobil from $135.00 to $131.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Barclays lowered their target price on Exxon Mobil from $130.00 to $127.00 and set an “overweight” rating on the stock in a research report on Monday, May 5th. HSBC decreased their target price on Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a research note on Friday, January 31st. Scotiabank decreased their target price on Exxon Mobil from $140.00 to $115.00 and set a “sector outperform” rating on the stock in a research report on Friday, April 11th. Finally, Wells Fargo & Company reduced their price target on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating on the stock in a research report on Monday, February 3rd. 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 assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Exxon Mobil presently has an average rating of “Moderate Buy” and an average price target of $125.50.

Exxon Mobil Profile

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.