The Zuckerman Investment Group LLC Has $346,000 Position in Exxon Mobil Corporation (XOM), Report finds

The Zuckerman Investment Group LLC Has $346,000 Position in Exxon Mobil Corporation (XOM), Report finds

A number of other large investors have also bought and sold shares of the company. Lynch & Associates IN increased its stake in Exxon Mobil Corporation by 1.0% in the second quarter. Lynch & Associates IN now owns 111,612 shares of the company’s stock worth $10,463,000 after buying an additional 1,074 shares in the last quarter. Nikko Asset Management Americas Inc. increased its stake in Exxon Mobil Corporation by 6.6% in the second quarter. Nikko Asset Management Americas Inc. now owns 478,793 shares of the company’s stock worth $44,268,000 after buying an additional 29,700 shares in the last quarter. Murphy Capital Management Inc. increased its stake in Exxon Mobil Corporation by 1.1% in the second quarter. Murphy Capital Management Inc. now owns 163,798 shares of the company’s stock worth $15,354,000 after buying an additional 1,815 shares in the last quarter. Nordea Investment Management AB increased its stake in Exxon Mobil Corporation by 84.8% in the second quarter. Nordea Investment Management AB now owns 2,809,085 shares of the company’s stock worth $263,324,000 after buying an additional 1,289,210 shares in the last quarter. Finally, Private Trust Co. NA increased its stake in Exxon Mobil Corporation by 0.5% in the second quarter. Private Trust Co. NA now owns 113,189 shares of the company’s stock worth $10,610,000 after buying an additional 610 shares in the last quarter. Hedge funds and other institutional investors own 51.14% of the company’s stock.

Zuckerman Investment Group LLC held its stake in Exxon Mobil Corporation (NYSE:XOM) during the third quarter, Holdings Channel reports. The fund owned 3,964 shares of the company’s stock at the end of the third quarter. Zuckerman Investment Group LLC’s holdings in Exxon Mobil Corporation were worth $346,000 as of its most recent filing with the SEC.

Exxon Mobil Corporation (NYSE:XOM) traded up 0.44% during trading on Thursday, reaching $81.84. The company’s stock had a trading volume of 9,602,988 shares. The stock has a market cap of $339.47 billion, a PE ratio of 43.53 and a beta of 0.91. The company’s 50-day moving average is $86.44 and its 200-day moving average is $86.91. Exxon Mobil Corporation has a 12 month low of $79.67 and a 12 month high of $95.55.

Exxon Mobil Corporation (NYSE:XOM) last released its quarterly earnings results on Tuesday, January 31st. The company reported $0.41 EPS for the quarter, missing analysts’ consensus estimates of $0.70 by $0.29. The business had revenue of $61.02 billion for the quarter, compared to the consensus estimate of $62.28 billion. Exxon Mobil Corporation had a net margin of 3.47% and a return on equity of 5.56%. The company’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.67 EPS. Equities analysts expect that Exxon Mobil Corporation will post $4.13 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 10th. Shareholders of record on Thursday, February 9th will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 3.67%. The ex-dividend date is Tuesday, February 7th. Exxon Mobil Corporation’s payout ratio is 159.58%.

Several equities research analysts have recently commented on the stock. Macquarie restated an “underperform” rating and issued a $75.00 target price on shares of Exxon Mobil Corporation in a research note on Saturday, December 17th. J P Morgan Chase & Co restated a “neutral” rating on shares of Exxon Mobil Corporation in a research note on Monday, December 12th. Goldman Sachs Group, Inc. (The) set a $96.00 target price on shares of Exxon Mobil Corporation and gave the company a “neutral” rating in a research note on Monday, December 26th. Vetr downgraded shares of Exxon Mobil Corporation from a “buy” rating to a “hold” rating and set a $89.89 target price on the stock. in a research note on Wednesday, November 30th. Finally, BMO Capital Markets assumed coverage on shares of Exxon Mobil Corporation in a research note on Thursday, December 1st. They issued a “market perform” rating and a $78.00 target price on the stock. They noted that the move was a valuation call. Eight research analysts have rated the stock with a sell rating, twelve have issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $88.48.

In other news, VP Robert N. Schleckser sold 5,339 shares of the stock in a transaction that occurred on Monday, November 28th. The stock was sold at an average price of $86.89, for a total value of $463,905.71. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Bryan W. Milton sold 10,952 shares of the stock in a transaction that occurred on Wednesday, December 7th. The stock was sold at an average price of $87.42, for a total value of $957,423.84. Following the completion of the transaction, the vice president now directly owns 176,330 shares of the company’s stock, valued at approximately $15,414,768.60. The disclosure for this sale can be found here. Insiders sold a total of 63,054 shares of company stock valued at $5,544,316 in the last three months. Corporate insiders own 0.14% of the company’s stock.

About Exxon Mobil Corporation

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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