Shares in Exxon Mobil Corporation (NYSE:XOM) Acquired by LaFleur & Godfrey LLC

Paterniano Del Favero
Agosto 13, 2017

The Company is engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products.

Other equities analysts also recently issued research reports about the company. Argus restated a "focus list" rating and set a $104.00 target price (up previously from $91.00) on shares of Exxon Mobil Corporation in a report on Thursday, May 18th. Vetr upgraded Exxon Mobil Corporation from a "hold" rating to a "buy" rating and set a $87.64 target price on the stock in a research report on Tuesday, April 11th. Bank of America Corporation upgraded shares of Exxon Mobil Corporation from a neutral rating to a buy rating and increased their price target for the company from $95.00 to $100.00 in a report on Thursday, May 11th.

Exxon Mobil Corporation (NYSE:XOM)'s share price hit a new 52-week low on Friday. Finally, Royal Bank Of Canada set a $96.00 target price on shares of Exxon Mobil Corporation and gave the stock a buy rating in a report on Thursday, May 11th. Eight equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, nine have issued a buy rating and two have given a strong buy rating to the stock. The stock has a consensus rating of "Hold" and an average price target of $84.98.

Exxon Mobil Corporation (NYSE:XOM) last released its quarterly earnings data on Friday, July 28th. Inc. now owns 1,366 shares of the oil and gas company's stock worth $110,000 after buying an additional 292 shares in the last quarter. The company has a market cap of $331.38 billion, a price-to-earnings ratio of 28.19 and a beta of 0.81. The firm has a 50-day moving average of $80.50 and a 200-day moving average of $81.75.

Exxon Mobil Corporation, launched on August 5, 1882, is involved in energy business. The value of the total investment in Exxon Mobil Corporation decreased from $601,317,000 to $589,966,000 a change of 1.9% quarter to quarter. The oil and gas company reported $0.78 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.83 by $0.05.

Exxon Mobil Corporation also recently declared a dividend for shareholders that will be paid on Monday the 11th of September 2017. The business had revenue of $62.88 billion during the quarter, compared to analysts' expectations of $61.35 billion. During the same period in the prior year, the firm earned $0.41 EPS. Exxon Mobil Corporation's revenue for the quarter was up 9.0% on a year-over-year basis. Analysts expect that Exxon Mobil Corporation will post $3.42 EPS for the current year.

COPYRIGHT VIOLATION NOTICE: This article was originally posted by Community Financial News and is the sole property of of Community Financial News. If you are accessing this piece on another site, it was illegally stolen and reposted in violation of USA and global copyright law. The legal version of this report can be viewed at https://weekherald.com/2017/08/13/lafleur-godfrey-llc-takes-position-in-exxon-mobil-corporation-nysexom-updated-updated.html. Stockholders of record on Monday, August 14th will be paid a $0.77 dividend. The ex-dividend date is Thursday, August 10th. This dividend represents a yield of $3.84. Exxon Mobil Corporation's dividend payout ratio (DPR) is 111.19%. Following the sale, the director now directly owns 43,125 shares of the company's stock, valued at approximately $3,459,918.75. Insiders own 0.08% of the company's stock.

Hedge funds have recently bought and sold shares of the company. Herzfeld Advisors Inc. bought a new stake in Exxon Mobil Corporation during the fourth quarter worth about $101,000. Horan Securities Inc. purchased a new stake in shares of Exxon Mobil Corporation during the first quarter valued at about $102,000. Riggs Asset Managment Co.

Haverford Financial Services Inc. cut its position in shares of Exxon Mobil Corporation (NYSE:XOM) by 1.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). Rosenbaum Jay D. now owns 17,951 shares of the oil and gas company's stock valued at $1,473,000 after buying an additional 1,725 shares in the last quarter. Watermark Asset Management Inc. purchased a new stake in shares of Exxon Mobil Corporation during the first quarter valued at about $136,000. Ltd. raised its stake in Exxon Mobil Corporation by 13.5% in the first quarter. Prudential PLC now owns 2,408,764 shares of the oil and gas company's stock valued at $217,415,000 after buying an additional 854,232 shares in the last quarter. Hedge funds and other institutional investors own 50.59% of the company's stock. The Upstream segment operates to explore for and produce crude oil and natural gas. The Company also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty products.

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