Horizon Investment Services LLC increased its stake in Exxon Mobil Corporation by 0.4% in the first quarter. Accern also assigned news headlines about the oil and gas company an impact score of 82 out of 100, indicating that recent media coverage is very likely to have an effect on the stock's share price in the near term. Benin Management CORP now owns 60,340 shares of the oil and gas company's stock valued at $4,949,000 after buying an additional 4,700 shares in the last quarter. First Capital Advisors Group LLC. purchased a new stake in Exxon Mobil Corporation during the fourth quarter worth $494,000. Alkeon Capital Management LLC bought a new position in Exxon Mobil Corporation during the fourth quarter valued at about $72,935,000. Barbara Oil Co owns 43,828 shares for 3.07% of their portfolio. Moreover, Caisse De Depot Et Placement Du Quebec has 1.34% invested in Exxon Mobil Corporation (NYSE:XOM) for 5.86 million shares. Gyroscope Capital Management Group LLC now owns 26,823 shares of the oil and gas company's stock valued at $2,421,000 after buying an additional 8,829 shares during the period. Evanson Asset Management LLC now owns 41,586 shares of the oil and gas company's stock valued at $3,410,000 after buying an additional 6,415 shares in the last quarter.
The company's share price fell 1.8% in pre-market trading to $79.35 a share. At Thursday's close, the shares had dropped 10 percent since the beginning of the year, while the Standard & Poor's 500 index rose 11 percent.
Market Capitalization can be thought of as the overall price to buy the company. While looking the figure depicted by the Price to Earning we can suggest that the shares of Exxon Mobil Corporation (XOM) are overvalued.
Exxon Mobil Corporation (NYSE:XOM) last announced its earnings results on Friday, April 28th. Now the P/E of Exxon Mobil Corporation (XOM) stands at 33.78. The firm had revenue of $63.29 billion for the quarter, compared to analyst estimates of $64.88 billion. During the same quarter in the previous year, the business earned $0.43 earnings per share. Exxon Mobil Corporation's quarterly revenue was up 29.9% on a year-over-year basis.
Exxon Mobil Corporation (XOM) opened at 80.83 on Friday.
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The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 11th. Stockholders of record on Monday, August 14th will be given a dividend of $0.77 per share. "In fact, the current dividend yield of 3.8% is lower than the 4.76% yield of the Zacks categorized Oil & Gas-International Integrated industry". The ex-dividend date was Wednesday the 10th of May 2017. Jefferies maintained Exxon Mobil Corporation (NYSE:XOM) on Friday, April 7 with "Neutral" rating.
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XOM has been the topic of a number of recent analyst reports. On May 18 the company was upgraded from "Hold" to "Buy" and a price target of $104.00 was set in a statement from Argus Research. BNP Paribas reissued a "sell" rating and issued a $70.00 price target on shares of Exxon Mobil Corporation in a research note on Wednesday, July 5th. Royal Bank Of Canada restated a "buy" rating and issued a $96.00 price target on shares of Exxon Mobil Corporation in a research report on Tuesday, April 25th.
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On July 21 Citigroup maintained a company rating of "Neutral" and moved down the price target from $93.00 to $84.00. The stock of Exxon Mobil Corporation (NYSE:XOM) has "Equal-Weight" rating given on Monday, October 12 by Barclays Capital. 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 Firm also makes and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty products.
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