Published: Sat, October 21, 2017
Business | By Max Garcia

Cubic Asset Management LLC Grows Stake in Exxon Mobil Corporation (XOM)


The company was maintained on Thursday, August 17 by Piper Jaffray. About 945,438 shares traded. Exxon Mobil had a return on equity of 7.54% and a net margin of 5.37%. The stock now has Monthly Volatility of 1.58% and Weekly Volatility of 1.30%. IDEX Corporation (NYSE:IEX) has risen 30.97% since October 20, 2016 and is uptrending. It has outperformed by 237.58% the S&P500.

Harvest Capital Management Inc decreased Exxon Mobil Corp Com (XOM) stake by 5.78% reported in 2017Q2 SEC filing. Pioneer Investment Management Inc. boosted its stake in shares of Exxon Mobil Corporation by 142.4% in the 1st quarter. Exxon Mobil Corp Com now has $350.58B valuation. The fund owned 27,113 shares of the oil and gas company's stock after buying an additional 8,420 shares during the period.

Let's have a look at some of the important valuation ratios of the Exxon Mobil Corporation (XOM). It has underperformed by 25.78% the S&P500.

Investors sentiment decreased to 0.85 in Q2 2017. Its up 0.57, from 1.05 in 2017Q1. David Rosenthal, an officer at (XOM), sold 165 shares to bring his total ownership in the stock to 24,022 shares.

Several other hedge funds have also recently added to or reduced their stakes in XOM. State of Tennessee Treasury Department now owns 3,214,501 shares of the oil and gas company's stock worth $263,621,000 after buying an additional 712,959 shares during the last quarter. Vanguard Group Inc owns $25.61 billion in Exxon Mobil Corporation, which represents roughly 7.3% of the company's market cap and approximately 14.03% of the institutional ownership. Moreover, Bailard Inc has 0.21% invested in Exxon Mobil Corporation (NYSE:XOM) for 33,349 shares. Wagner Bowman Mngmt accumulated 0.94% or 41,305 shares. Catawba Capital Va accumulated 26,037 shares. Busey Tru owns 182,864 shares or 2.03% of their United States portfolio. Bkd Wealth Advsrs Ltd Limited Liability Company holds 0.41% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 44,354 shares. Gradient Investments LLC now owns 105,261 shares of the oil and gas company's stock worth $8,632,000 after purchasing an additional 12,573 shares during the last quarter. The California-based Utd Cap Financial Advisers Ltd Limited Liability Company has invested 0.02% in Andeavor (NYSE:ANDV).

Paragon Capital Management Ltd lowered its position in shares of Exxon Mobil Corp. About 9.33 million shares traded or 6.63% up from the average. Hartford Finance Mgmt owns 29,143 shares. Community Comml Bank Na holds 0.02% or 2,985 shares. The Connecticut-based Birinyi has invested 0.49% in Exxon Mobil Corporation (NYSE:XOM). During the same period previous year, the company earned $0.41 EPS. SSTK's profit will be $3.82 million for 78.59 P/E if the $0.11 EPS becomes a reality.

The company has mean EPS estimate of 0.97 reported by 15 number of analyst for the quarter ending Current Qtr.(Sep2017). Six research analysts have rated the stock with a sell rating, sixteen have given a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company's stock. Therefore 36% are positive. Welch Limited Com holds 3.02% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 224,265 shares. As per Friday, December 2, the company rating was initiated by BMO Capital Markets. UBS upgraded the shares of XOM in report on Wednesday, September 6 to "Neutral" rating. The company presently has a consensus rating of "Hold" and an average target price of $87.34. As per Thursday, March 2, the company rating was upgraded by Credit Suisse. Indiana Trust And Investment Mngmt has 1.29% invested in Exxon Mobil Corporation (NYSE:XOM). The stock of Andeavor (NYSE:ANDV) has "Buy" rating given on Wednesday, October 19 by Citigroup. As per Wednesday, August 16, the company rating was maintained by Beaufort Securities. Also, Director Steven Reinemund sold 1,100 shares of the firm's stock in a transaction that occurred on Friday, August 4th. It also upped Kate Spade & Co (NYSE:KATE) stake by 202,500 shares and now owns 245,000 shares. 3M had 58 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by Cowen & Co on Friday, July 28 with "Buy". RBC Capital Markets has "Hold" rating and $90.0 target. As per Tuesday, March 29, the company rating was maintained by Deutsche Bank. On Wednesday, November 18 the stock rating was downgraded by Raymond James to "Underperform". The stock of Starbucks Corporation (NASDAQ:SBUX) has "Market Perform" rating given on Wednesday, August 9 by BMO Capital Markets. Barclays Capital has "Equal-Weight" rating and $85 target. The company was maintained on Thursday, October 19 by Jefferies. The company was maintained on Friday, August 18 by Piper Jaffray. Schwab Charles Investment Management Inc. now owns 19,116,927 shares of the oil and gas company's stock worth $1,567,780,000 after buying an additional 1,150,881 shares during the last quarter. Shares of XOM have uptrended 3.27% in the past three months, while the S&P 500 has moved -3.1% in that time. Vanguard Ftse All (VEU) was raised too.

Investors sentiment increased to 1.21 in Q2 2017. Its down 0.04, from 0.89 in 2017Q1. It is positive, as 45 investors sold MMM shares while 589 reduced holdings. 118 funds opened positions while 421 raised stakes. Mengis Mgmt Inc holds 12,108 shares. Qs Lc invested in 13,074 shares. Veritas Invest Mngmt (Uk) reported 4,515 shares stake. Stonebridge Capital Ltd Liability Corporation invested in 66,751 shares. Pictet Cie (Europe) Sa invested 0.9% of its portfolio in 3M Co (NYSE:MMM). Redwood Investments accumulated 23 shares. Taurus Asset Llc holds 1.18% or 93,125 shares in its portfolio. Athena Capital Advisors Limited Com holds 0.07% or 1,241 shares in its portfolio.

Among 12 analysts covering IDEX Corporation (NYSE:IEX), 1 have Buy rating, 0 Sell and 11 Hold. Financial Counselors accumulated 35,951 shares. Bp Plc holds 0.35% of its portfolio in Starbucks Corporation (NASDAQ:SBUX) for 162,000 shares.

Like this: