Investors sold shares of Exxon Mobil Co. (NYSE:XOM) on strength during trading on Wednesday. $93.73 million flowed into the stock on the tick-up and $199.71 million flowed out of the stock on the tick-down, for a money net flow of $105.98 million out of the stock. Of all stocks tracked, Exxon Mobil had the 2nd highest net out-flow for the day. Exxon Mobil traded up $0.30 for the day and closed at $88.02

Several brokerages have commented on XOM. HSBC set a $86.00 price target on shares of Exxon Mobil and gave the stock a “neutral” rating in a research report on Tuesday, June 28th. Societe Generale set a $105.00 price objective on Exxon Mobil and gave the stock a “buy” rating in a report on Monday, August 15th. Goldman Sachs Group Inc. set a $98.00 price objective on Exxon Mobil and gave the stock a “buy” rating in a report on Monday, August 1st. Jefferies Group restated a “hold” rating and set a $85.00 price objective on shares of Exxon Mobil in a report on Monday, May 2nd. Finally, Barclays PLC restated an “equal weight” rating and set a $102.00 price objective on shares of Exxon Mobil in a report on Thursday, July 28th. Seven equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and ten have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $87.25.

The stock has a market capitalization of $364.99 billion and a price-to-earnings ratio of 34.96. The company’s 50-day moving average price is $90.48 and its 200 day moving average price is $87.43.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, July 29th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.64 by $0.23. The company earned $57.69 billion during the quarter, compared to analyst estimates of $60.23 billion. Exxon Mobil’s revenue for the quarter was down 22.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.00 EPS. Equities research analysts predict that Exxon Mobil Co. will post $2.36 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 9th. Investors of record on Friday, August 12th will be paid a $0.75 dividend. The ex-dividend date of this dividend is Wednesday, August 10th. This represents a $3.00 annualized dividend and a yield of 3.41%.

In related news, VP Bradley W. Corson sold 6,000 shares of the business’s stock in a transaction on Tuesday, June 7th. The stock was sold at an average price of $90.81, for a total value of $544,860.00. Following the completion of the sale, the vice president now directly owns 208,033 shares in the company, valued at approximately $18,891,476.73. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Neil A. Chapman sold 12,000 shares of the business’s stock in a transaction on Monday, June 6th. The shares were sold at an average price of $89.00, for a total value of $1,068,000.00. Following the completion of the sale, the vice president now owns 230,299 shares of the company’s stock, valued at $20,496,611. The disclosure for this sale can be found here.

Other hedge funds have recently added to or reduced their stakes in the company. Security National Bank of Sioux City Iowa IA increased its stake in Exxon Mobil by 0.3% in the fourth quarter. Security National Bank of Sioux City Iowa IA now owns 31,040 shares of the company’s stock valued at $2,419,000 after buying an additional 90 shares during the period. Train Babcock Advisors LLC boosted its position in shares of Exxon Mobil by 0.4% in the fourth quarter. Train Babcock Advisors LLC now owns 72,214 shares of the company’s stock valued at $5,629,000 after buying an additional 295 shares in the last quarter. Bourgeon Capital Management LLC boosted its position in shares of Exxon Mobil by 0.8% in the fourth quarter. Bourgeon Capital Management LLC now owns 43,923 shares of the company’s stock valued at $3,424,000 after buying an additional 330 shares in the last quarter. Roosevelt Investment Group Inc. boosted its position in shares of Exxon Mobil by 1.9% in the fourth quarter. Roosevelt Investment Group Inc. now owns 19,952 shares of the company’s stock valued at $1,555,000 after buying an additional 373 shares in the last quarter. Finally, Homrich & Berg boosted its position in shares of Exxon Mobil by 1.1% in the fourth quarter. Homrich & Berg now owns 46,447 shares of the company’s stock valued at $3,621,000 after buying an additional 494 shares in the last quarter.

Exxon Mobil Corporation is an energy company. The Company is engaged in the exploration and production of crude oil and natural gas, manufacturing of petroleum products, and transportation and sale of crude oil, natural gas and petroleum products. The Company also manufactures and markets petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and various specialty products.

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