Blue Edge Capital buys $4.1 Million stake in Exxon Mobil Corporation (XOM)

Exxon Mobil Corporation (XOM) : Blue Edge Capital scooped up 35,925 additional shares in Exxon Mobil Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 46,332 shares of Exxon Mobil Corporation which is valued at $4.1 Million.Exxon Mobil Corporation makes up approximately 2.47% of Blue Edge Capital’s portfolio.

Other Hedge Funds, Including , Ronald Blue Co reduced its stake in XOM by selling 6,334 shares or 6.09% in the most recent quarter. The Hedge Fund company now holds 97,660 shares of XOM which is valued at $8.7 Million. Exxon Mobil Corporation makes up approx 0.48% of Ronald Blue Co’s portfolio.Wealth Architects reduced its stake in XOM by selling 21 shares or 0.17% in the most recent quarter. The Hedge Fund company now holds 12,510 shares of XOM which is valued at $1.1 Million. Exxon Mobil Corporation makes up approx 0.56% of Wealth Architects’s portfolio.Greenwood Gearhart Inc boosted its stake in XOM in the latest quarter, The investment management firm added 2,069 additional shares and now holds a total of 75,261 shares of Exxon Mobil Corporation which is valued at $6.7 Million. Exxon Mobil Corporation makes up approx 2.88% of Greenwood Gearhart Inc’s portfolio.Barrington Strategic Wealth Management Group reduced its stake in XOM by selling 821 shares or 2.58% in the most recent quarter. The Hedge Fund company now holds 30,985 shares of XOM which is valued at $2.7 Million. Exxon Mobil Corporation makes up approx 1.60% of Barrington Strategic Wealth Management Group’s portfolio.Tiemann Investment Advisors boosted its stake in XOM in the latest quarter, The investment management firm added 396 additional shares and now holds a total of 23,754 shares of Exxon Mobil Corporation which is valued at $2.1 Million. Exxon Mobil Corporation makes up approx 2.09% of Tiemann Investment Advisors’s portfolio.

Exxon Mobil Corporation opened for trading at $89.85 and hit $90.37 on the upside on Wednesday, eventually ending the session at $90.26, with a gain of 0.66% or 0.59 points. The heightened volatility saw the trading volume jump to 95,80,649 shares. Company has a market cap of $374,273 M.

On the company’s financial health, Exxon Mobil Corporation reported $0.43 EPS for the quarter, beating the analyst consensus estimate by $ 0.11 according to the earnings call on Apr 29, 2016. Analyst had a consensus of $0.32. The company had revenue of $48707.00 million for the quarter, compared to analysts expectations of $50135.41 million. The company’s revenue was down -28.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.17 EPS.

Many Wall Street Analysts have commented on Exxon Mobil Corporation. Exxon Mobil Corporation was Upgraded by Argus to ” Buy” on May 18, 2016. Company shares were Reiterated by UBS on May 2, 2016 to “Neutral”, Firm has raised the Price Target to $ 85 from a previous price target of $77 .Company shares were Reiterated by Barclays on Apr 8, 2016 to “Equal Weight”, Firm has raised the Price Target to $ 85 from a previous price target of $80 .

Exxon Mobil Corporation is an energy company. The Company is engaged in the exploration and production of crude oil and natural gas. The Company is involved in the 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 a variety of specialty products. The Company’s projects include the Kearl project Heidelberg project the Point Thomson project the Hadrian South project the Lucius project the Chirag Oil project the Tapis Enhanced Oil Recovery project the Damar project and the Barzan project among others. The Company is conducting its operations and projects in the United States Asia Africa Canada/South America Europe and Australia/Oceania.

Leave a Reply

Exxon Mobil Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on Exxon Mobil Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.