Cliftonlarsonallen Wealth Advisors LLC lessened its holdings in Exxon Mobil Co. (NYSE:XOM) by 3.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 17,059 shares of the oil and gas company’s stock after selling 601 shares during the quarter. Cliftonlarsonallen Wealth Advisors LLC’s holdings in Exxon Mobil were worth $1,163,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. C WorldWide Group Holding A S bought a new stake in Exxon Mobil during the third quarter worth about $363,290,000. Morgan Stanley lifted its position in Exxon Mobil by 19.6% during the third quarter. Morgan Stanley now owns 22,022,731 shares of the oil and gas company’s stock worth $1,872,372,000 after purchasing an additional 3,614,568 shares during the period. Vanguard Group Inc lifted its position in Exxon Mobil by 1.0% during the third quarter. Vanguard Group Inc now owns 329,558,203 shares of the oil and gas company’s stock worth $28,019,038,000 after purchasing an additional 3,269,684 shares during the period. Vanguard Group Inc. lifted its position in Exxon Mobil by 1.0% during the third quarter. Vanguard Group Inc. now owns 329,558,203 shares of the oil and gas company’s stock worth $28,019,038,000 after purchasing an additional 3,269,684 shares during the period. Finally, Rehmann Capital Advisory Group lifted its position in Exxon Mobil by 8,766.5% during the third quarter. Rehmann Capital Advisory Group now owns 3,264,121 shares of the oil and gas company’s stock worth $3,009,820,000 after purchasing an additional 3,227,307 shares during the period. 54.53% of the stock is owned by institutional investors.

Shares of NYSE XOM opened at $81.13 on Friday. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.84 and a quick ratio of 0.51. The stock has a market cap of $343.79 billion, a price-to-earnings ratio of 16.46, a price-to-earnings-growth ratio of 1.32 and a beta of 0.92. Exxon Mobil Co. has a 12 month low of $64.65 and a 12 month high of $87.36.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, February 1st. The oil and gas company reported $1.51 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.08 by $0.43. The firm had revenue of $71.90 billion during the quarter, compared to the consensus estimate of $78.87 billion. Exxon Mobil had a return on equity of 10.84% and a net margin of 7.18%. The business’s quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.88 earnings per share. On average, sell-side analysts predict that Exxon Mobil Co. will post 4.1 earnings per share for the current year.

XOM has been the subject of several recent analyst reports. Royal Bank of Canada reaffirmed a “buy” rating and set a $95.00 price objective on shares of Exxon Mobil in a research report on Tuesday, February 19th. Zacks Investment Research cut shares of Exxon Mobil from a “hold” rating to a “strong sell” rating in a research report on Sunday, January 6th. Berenberg Bank reaffirmed a “neutral” rating and set a $76.00 price objective on shares of Exxon Mobil in a research report on Wednesday, January 9th. Credit Suisse Group set a $79.00 price objective on shares of Exxon Mobil and gave the stock a “neutral” rating in a research report on Tuesday, December 25th. Finally, Argus reaffirmed a “buy” rating on shares of Exxon Mobil in a research report on Wednesday, February 6th. Three investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and eight have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $84.71.

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Exxon Mobil Profile

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, petroleum products, and other specialty products; and manufactures and markets petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals.

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

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