St. Johns Investment Management Company LLC Acquires 92 Shares of Exxon Mobil Corp. (XOM)
St. Johns Investment Management Company LLC raised its stake in shares of Exxon Mobil Corp. (NYSE:XOM) by 0.4% during the second quarter, according to its most recent filing with the SEC. The fund owned 23,612 shares of the company’s stock after buying an additional 92 shares during the period. Exxon Mobil Corp. comprises 2.0% of St. Johns Investment Management Company LLC’s investment portfolio, making the stock its 11th largest position. St. Johns Investment Management Company LLC’s holdings in Exxon Mobil Corp. were worth $2,213,000 at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. Banced Corp boosted its position in Exxon Mobil Corp. by 7.5% in the second quarter. Banced Corp now owns 2,832 shares of the company’s stock valued at $210,000 after buying an additional 197 shares during the period. Lenox Wealth Advisors Inc. boosted its position in Exxon Mobil Corp. by 0.4% in the second quarter. Lenox Wealth Advisors Inc. now owns 2,708 shares of the company’s stock valued at $254,000 after buying an additional 10 shares during the period. Bouchey Financial Group Ltd boosted its position in Exxon Mobil Corp. by 29.2% in the second quarter. Bouchey Financial Group Ltd now owns 3,097 shares of the company’s stock valued at $290,000 after buying an additional 700 shares during the period. ELM Advisors LLC acquired a new position in Exxon Mobil Corp. during the second quarter valued at $299,000. Finally, Stuart Chaussee & Associates Inc. boosted its position in Exxon Mobil Corp. by 58.2% in the first quarter. Stuart Chaussee & Associates Inc. now owns 3,695 shares of the company’s stock valued at $308,000 after buying an additional 1,360 shares during the period. Institutional investors and hedge funds own 50.42% of the company’s stock.
Exxon Mobil Corp. (NYSE:XOM) traded down 0.65% during trading on Thursday, hitting $86.56. The stock had a trading volume of 9,890,258 shares. The stock has a market capitalization of $358.93 billion, a P/E ratio of 34.38 and a beta of 0.83. Exxon Mobil Corp. has a 52 week low of $71.55 and a 52 week high of $95.55. The company has a 50-day moving average of $86.27 and a 200-day moving average of $88.37.
Exxon Mobil Corp. (NYSE:XOM) last issued its quarterly earnings results on Friday, July 29th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.64 by $0.23. Exxon Mobil Corp. had a return on equity of 5.94% and a net margin of 4.51%. The business earned $57.69 billion during the quarter, compared to analysts’ expectations of $60.23 billion. During the same quarter in the previous year, the company posted $1.00 EPS. The company’s quarterly revenue was down 22.2% on a year-over-year basis. On average, equities analysts expect that Exxon Mobil Corp. will post $2.28 earnings per share for the current fiscal year.
A number of equities research analysts recently issued reports on XOM shares. Credit Agricole SA reissued a “buy” rating on shares of Exxon Mobil Corp. in a research report on Tuesday, August 16th. Jefferies Group reissued a “hold” rating on shares of Exxon Mobil Corp. in a research report on Thursday, September 8th. Collins Stewart reissued a “hold” rating and issued a $83.50 target price on shares of Exxon Mobil Corp. in a research report on Sunday, September 11th. JPMorgan Chase & Co. set a $95.00 target price on Exxon Mobil Corp. and gave the company a “neutral” rating in a research report on Monday, July 11th. Finally, Morningstar Inc. reissued a “neutral” rating on shares of Exxon Mobil Corp. in a research report on Tuesday, August 30th. Eight research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $87.92.
In other Exxon Mobil Corp. news, VP Robert Stuart Franklin sold 13,855 shares of the stock in a transaction on Wednesday, August 24th. The stock was sold at an average price of $87.93, for a total value of $1,218,270.15. Following the completion of the sale, the vice president now owns 213,256 shares in the company, valued at approximately $18,751,600.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.14% of the stock is owned by company insiders.
About Exxon Mobil Corp.
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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