Amussen Hunsaker Associates LLC bought a new position in Exxon Mobil Co. (NYSE:XOM) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,724 shares of the oil and gas company’s stock, valued at approximately $469,000. Exxon Mobil comprises about 0.4% of Amussen Hunsaker Associates LLC’s portfolio, making the stock its 29th largest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Piedmont Investment Advisors LLC lifted its holdings in shares of Exxon Mobil by 0.9% during the third quarter. Piedmont Investment Advisors LLC now owns 917,004 shares of the oil and gas company’s stock valued at $75,176,000 after purchasing an additional 8,420 shares in the last quarter. California Public Employees Retirement System lifted its holdings in shares of Exxon Mobil by 5.7% during the third quarter. California Public Employees Retirement System now owns 11,291,949 shares of the oil and gas company’s stock valued at $925,714,000 after purchasing an additional 608,167 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of Exxon Mobil by 5.6% during the third quarter. Janney Montgomery Scott LLC now owns 822,126 shares of the oil and gas company’s stock valued at $67,398,000 after purchasing an additional 43,742 shares in the last quarter. Blue Edge Capital LLC lifted its holdings in shares of Exxon Mobil by 8.5% during the third quarter. Blue Edge Capital LLC now owns 50,547 shares of the oil and gas company’s stock valued at $4,144,000 after purchasing an additional 3,978 shares in the last quarter. Finally, Janney Capital Management LLC lifted its holdings in shares of Exxon Mobil by 4.3% during the third quarter. Janney Capital Management LLC now owns 60,657 shares of the oil and gas company’s stock valued at $4,972,000 after purchasing an additional 2,527 shares in the last quarter. 53.18% of the stock is currently owned by hedge funds and other institutional investors.

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Exxon Mobil Co. (XOM) opened at $74.53 on Wednesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.82 and a quick ratio of 0.52. Exxon Mobil Co. has a 12 month low of $73.56 and a 12 month high of $89.30. The company has a market capitalization of $315,820.00, a PE ratio of 23.07, a PEG ratio of 1.02 and a beta of 0.91.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, February 2nd. The oil and gas company reported $0.88 EPS for the quarter, missing the consensus estimate of $1.06 by ($0.18). Exxon Mobil had a return on equity of 8.00% and a net margin of 7.61%. The company had revenue of $66.52 billion during the quarter, compared to the consensus estimate of $74.41 billion. During the same period last year, the business earned $0.41 EPS. The firm’s quarterly revenue was up 9.0% compared to the same quarter last year. research analysts expect that Exxon Mobil Co. will post 4.81 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, March 9th. Investors of record on Monday, February 12th were given a dividend of $0.77 per share. This represents a $3.08 annualized dividend and a dividend yield of 4.13%. The ex-dividend date was Friday, February 9th. Exxon Mobil’s dividend payout ratio is currently 95.36%.

In related news, VP Neil A. Chapman sold 12,000 shares of the stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $83.05, for a total transaction of $996,600.00. Following the completion of the sale, the vice president now owns 291,385 shares in the company, valued at $24,199,524.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.08% of the company’s stock.

A number of research analysts have recently issued reports on the company. Societe Generale set a $87.00 price target on Exxon Mobil and gave the company a “buy” rating in a report on Tuesday. Wells Fargo & Co reaffirmed a “market perform” rating and set a $82.00 price target (down from $87.00) on shares of Exxon Mobil in a report on Thursday, March 8th. Royal Bank of Canada set a $90.00 target price on Exxon Mobil and gave the company a “hold” rating in a report on Thursday, March 8th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $83.00 target price on shares of Exxon Mobil in a report on Thursday, March 8th. Finally, Citigroup reissued a “neutral” rating and issued a $81.00 target price (down previously from $84.00) on shares of Exxon Mobil in a report on Thursday, March 8th. Six equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating, six have issued a buy rating and two have issued a strong buy rating to the stock. Exxon Mobil presently has a consensus rating of “Hold” and a consensus price target of $86.05.

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Exxon Mobil Profile

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. 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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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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