The Exxon Mobil Corporation (NYSE:XOM) Sees Large Drop in Short Interest

Paterniano Del Favero
Agosto 21, 2017

Other institutional investors also recently modified their holdings of the company. The value of the investment in Exxon Mobil Corporation went from $5,572,000 to $6,829,000 a change of 22.6% for the reporting period. Sowell Financial Services LLC increased its stake in Exxon Mobil Corporation by 20.7% in the first quarter. Nadler Financial Group has an ownership of 15,864 stocks of the oil and gas firms shares valued $1,301,000 after scooping up an extra 40 shares through out the previous quarter, Lastly, Alpha Windward raised its position in Exxon Mobil Corporation by 0.8% in the Q1. Exxon Mobil Corporation accounts for approximately 4.0% of Mitchell Sinkler & Starr PA's investment portfolio, making the stock its largest position. Skandinaviska Enskilda Banken AB publ now owns 554,787 shares of the oil and gas company's stock valued at $45,498,000 after buying an additional 2,469 shares during the last quarter. Proficio Capital Partners LLC boosted its position in Exxon Mobil Corporation by 103.3% in the first quarter.

As of the end of the quarter Family Management Corp had bought a total of 2,794 shares growing its holdings by 4.7%. Nadler Financial Group Inc. increased its stake in Exxon Mobil Corporation by 0.3% in the first quarter. Schwab Charles Investment Management Inc. now owns 19,116,927 shares of the oil and gas company's stock worth $1,567,780,000 after buying an additional 1,150,881 shares in the last quarter.

Exxon Mobil Corporation (NYSE:XOM) traded up 0.50% on Friday, reaching $76.64. Exxon Mobil Corp now has $324.73 billion valuation. Exxon Mobil has $104 highest and $52 lowest target. 14,324,342 stocks of the company were exchanged. the firms 50 day SMA price is $79.94 and the 200 day SMA is $81.47. Finally, Alpha Windward LLC increased its stake in Exxon Mobil Corporation by 0.8% in the first quarter. Blair William Company Il holds 0.46% or 570,177 shares in its portfolio. The business had revenue of $62.88 billion during the quarter, compared to analyst estimates of $61.35 billion. Cap Ca stated it has 1.47% in Exxon Mobil Corporation (NYSE:XOM).

Exxon Mobil Corporation (NYSE:XOM) previously disclosed its earnings report on early Fri, Jul 28th. During the same quarter in the previous year, the company posted $0.41 EPS. With the last close up -5.93% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the same period.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 11th. Investors of record on Monday, August 14th will be given a $0.77 dividend. This represents a $3.08 dividend on an annualized basis and a yield of 4.02%. Piper Jaffray maintained it with "Hold" rating and $80.0 target in Thursday, August 17 report. The firm's quarterly revenue was up 9.0% compared to the same quarter past year.

COPYRIGHT VIOLATION WARNING: This story was originally posted by Markets Daily and is owned by of Markets Daily. If you are viewing this story on another site, it was illegally copied and reposted in violation of global copyright laws. Exxon Mobil Corporation's payout ratio is presently 111.19%.

Analysts await Zayo Group Holdings Inc (NYSE:ZAYO) to report earnings on August, 24. Daiwa Sb Ltd invested 2.43% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). The firm has "Sell" rating by Tudor Pickering given on Tuesday, January 26. The stock of Exxon Mobil Corporation (NYSE:XOM) earned "Hold" rating by Jefferies on Friday, June 23. Scotiabank set a $86.00 price objective on shares of Exxon Mobil Corporation and gave the stock a "buy" rating in a report on Saturday, June 17th. They issued a "term buy" rating and a $90.00 price objective for the company. Eight Brokerage firms have recommended the share with a sell recommendation, fourteen have issued a hold recommendation, nine have published a buy recommendation and 1 have issued a strong buy recommendation to the share. The stock now has a consensus recommendation of "Hold" and an average price objective of $84.94.

In other news, Director Steven Reinemund sold 1,100 shares of the company's stock in a transaction on Friday, August 4th. $82.92's average target is 8.19% above currents $76.64 stock price. Following the sale, the director now owns 43,125 shares in the company, valued at $3,459,918.75.

Exxon Mobil Corporation is engaged in energy business. 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.

Altre relazioni OverNewsmagazine

Discuti questo articolo