Tokio Marine Asset Management Co. Ltd. decreased its position in shares of Exxon Mobil Co. (NYSE:XOM) by 11.6% during the 3rd quarter, Holdings Channel reports. The fund owned 83,316 shares of the oil and gas company’s stock after selling 10,961 shares during the quarter. Exxon Mobil comprises approximately 1.0% of Tokio Marine Asset Management Co. Ltd.’s portfolio, making the stock its 27th biggest holding. Tokio Marine Asset Management Co. Ltd.’s holdings in Exxon Mobil were worth $6,830,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in XOM. Asset Management Advisors LLC lifted its position in Exxon Mobil by 0.3% in the second quarter. Asset Management Advisors LLC now owns 2,515 shares of the oil and gas company’s stock valued at $203,000 after buying an additional 7 shares during the last quarter. Jag Capital Management LLC lifted its position in Exxon Mobil by 0.5% in the second quarter. Jag Capital Management LLC now owns 5,635 shares of the oil and gas company’s stock valued at $455,000 after buying an additional 26 shares during the last quarter. C M Bidwell & Associates Ltd. lifted its position in Exxon Mobil by 1.3% in the second quarter. C M Bidwell & Associates Ltd. now owns 2,430 shares of the oil and gas company’s stock valued at $196,000 after buying an additional 30 shares during the last quarter. Lehman Financial Resources Inc. lifted its position in Exxon Mobil by 0.5% in the second quarter. Lehman Financial Resources Inc. now owns 7,176 shares of the oil and gas company’s stock valued at $579,000 after buying an additional 35 shares during the last quarter. Finally, Intellectus Partners LLC lifted its position in Exxon Mobil by 0.7% in the second quarter. Intellectus Partners LLC now owns 6,152 shares of the oil and gas company’s stock valued at $497,000 after buying an additional 41 shares during the last quarter. 51.06% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Exxon Mobil Co. (XOM) opened at $86.97 on Wednesday. The stock has a market cap of $368,500.00, a PE ratio of 28.33, a PEG ratio of 1.37 and a beta of 0.82. Exxon Mobil Co. has a 1 year low of $76.05 and a 1 year high of $87.99. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.54 and a current ratio of 0.85.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, October 27th. The oil and gas company reported $0.93 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.89 by $0.04. The business had revenue of $66.17 billion for the quarter, compared to analysts’ expectations of $63.51 billion. Exxon Mobil had a net margin of 5.14% and a return on equity of 8.21%. During the same quarter in the prior year, the company earned $0.63 earnings per share. research analysts expect that Exxon Mobil Co. will post 3.68 EPS for the current fiscal year.

In related news, VP Bradley W. Corson sold 19,500 shares of the company’s stock in a transaction that occurred on Monday, December 11th. The shares were sold at an average price of $83.01, for a total transaction of $1,618,695.00. Following the sale, the vice president now directly owns 229,774 shares in the company, valued at $19,073,539.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Neil A. Chapman sold 12,000 shares of the company’s stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $83.05, for a total transaction of $996,600.00. Following the sale, the vice president now owns 291,385 shares in the company, valued at $24,199,524.25. The disclosure for this sale can be found here. Insiders have sold 51,357 shares of company stock worth $4,273,910 over the last 90 days. Insiders own 0.08% of the company’s stock.

A number of research analysts have commented on XOM shares. Wells Fargo & Co set a $88.00 target price on shares of Exxon Mobil and gave the company a “neutral” rating in a research report on Thursday, January 11th. Vetr cut shares of Exxon Mobil from a “buy” rating to a “hold” rating and set a $85.17 target price on the stock. in a research report on Friday, October 6th. Zacks Investment Research raised shares of Exxon Mobil from a “hold” rating to a “buy” rating and set a $98.00 target price on the stock in a research report on Saturday. Royal Bank of Canada reaffirmed a “sector perform” rating on shares of Exxon Mobil in a research report on Friday, November 24th. Finally, Morgan Stanley reaffirmed an “underperform” rating on shares of Exxon Mobil in a research report on Thursday, October 19th. Six analysts have rated the stock with a sell rating, fourteen have given a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $86.78.

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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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