Hutchinson Capital Managementca buys $7,890,286 stake in Exxon Mobil Corporation (XOM)

Exxon Mobil Corporation (XOM) : Hutchinson Capital Managementca scooped up 223 additional shares in Exxon Mobil Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 1, 2016. The investment management firm now holds a total of 90,185 shares of Exxon Mobil Corporation which is valued at $7,890,286.Exxon Mobil Corporation makes up approximately 2.34% of Hutchinson Capital Managementca’s portfolio.

Other Hedge Funds, Including , Klingenstein Fields Co reduced its stake in XOM by selling 1,565 shares or 1.09% in the most recent quarter. The Hedge Fund company now holds 141,634 shares of XOM which is valued at $12,391,559. Exxon Mobil Corporation makes up approx 0.57% of Klingenstein Fields Co’s portfolio. Meag Munich Ergo Kapitalanlagegesellschaft Mbh sold out all of its stake in XOM during the most recent quarter. The investment firm sold 331,716 shares of XOM which is valued $29,506,138.Savant Capital boosted its stake in XOM in the latest quarter, The investment management firm added 10,984 additional shares and now holds a total of 52,267 shares of Exxon Mobil Corporation which is valued at $4,649,150. Exxon Mobil Corporation makes up approx 1.28% of Savant Capital’s portfolio.Montrusco Bolton Investments boosted its stake in XOM in the latest quarter, The investment management firm added 27 additional shares and now holds a total of 130,051 shares of Exxon Mobil Corporation which is valued at $12,226,095. Exxon Mobil Corporation makes up approx 0.75% of Montrusco Bolton Investments’s portfolio.Davis R M Inc boosted its stake in XOM in the latest quarter, The investment management firm added 2,250 additional shares and now holds a total of 507,114 shares of Exxon Mobil Corporation which is valued at $48,084,549. Exxon Mobil Corporation makes up approx 2.30% of Davis R M Inc’s portfolio.

Exxon Mobil Corporation closed down -0.01 points or -0.01% at $87.48 with 1,34,51,350 shares getting traded on Thursday. Post opening the session at $87.5, the shares hit an intraday low of $87.03 and an intraday high of $87.65 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Exxon Mobil Corporation reported $0.41 EPS for the quarter, missing the analyst consensus estimate by $ -0.23 based on the information available during the earnings call on Jul 29, 2016. Analyst had a consensus of $0.64. The company had revenue of $57694.00 million for the quarter, compared to analysts expectations of $64001.29 million. The company’s revenue was down -22.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.00 EPS.

Investors should note that on Jul 27, 2016, Exxon Mobil Corporation announced a cash dividend of $0.7500. The company’s management has announced Aug 10, 2016 as the ex-dividend date and fixed the record date on Aug 12, 2016. The payable date has been fixed on Sep 9, 2016.

Many Wall Street Analysts have commented on Exxon Mobil Corporation. Exxon Mobil Corporation was Downgraded by BofA/Merrill to ” Neutral” on Jun 2, 2016. Exxon Mobil Corporation was Upgraded by Argus to ” Buy” on May 18, 2016.

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.