Harbour Capital Advisors Lowers stake in Exxon Mobil Corporation (XOM)

Exxon Mobil Corporation (XOM) : Harbour Capital Advisors reduced its stake in Exxon Mobil Corporation by 5.66% during the most recent quarter end. The investment management company now holds a total of 45,236 shares of Exxon Mobil Corporation which is valued at $3,915,628 after selling 2,716 shares in Exxon Mobil Corporation , the firm said in a disclosure report filed with the SEC on Oct 13, 2016.Exxon Mobil Corporation makes up approximately 2.14% of Harbour Capital Advisors’s portfolio.

Other Hedge Funds, Including , First Premier Bank boosted its stake in XOM in the latest quarter, The investment management firm added 1,375 additional shares and now holds a total of 3,418 shares of Exxon Mobil Corporation which is valued at $295,862. Exxon Mobil Corporation makes up approx 0.23% of First Premier Bank’s portfolio.Chicago Trust Co Na reduced its stake in XOM by selling 10,966 shares or 12.89% in the most recent quarter. The Hedge Fund company now holds 74,132 shares of XOM which is valued at $6,504,342. Exxon Mobil Corporation makes up approx 3.00% of Chicago Trust Co Na’s portfolio.Osborn Rohs Williams Donohoe Ltd reduced its stake in XOM by selling 2,549 shares or 1.59% in the most recent quarter. The Hedge Fund company now holds 158,182 shares of XOM which is valued at $13,878,889. Exxon Mobil Corporation makes up approx 2.71% of Osborn Rohs Williams Donohoe Ltd’s portfolio.Fisher Asset Management boosted its stake in XOM in the latest quarter, The investment management firm added 81,659 additional shares and now holds a total of 4,611,072 shares of Exxon Mobil Corporation which is valued at $407,803,208. Exxon Mobil Corporation makes up approx 0.75% of Fisher Asset Management’s portfolio.Mcqueen Ball Associates reduced its stake in XOM by selling 319 shares or 1.41% in the most recent quarter. The Hedge Fund company now holds 22,238 shares of XOM which is valued at $1,934,706. Exxon Mobil Corporation makes up approx 1.33% of Mcqueen Ball Associates’s portfolio.

Exxon Mobil Corporation closed down -0.7 points or -0.79% at $87.74 with 93,09,029 shares getting traded on Tuesday. Post opening the session at $88.08, the shares hit an intraday low of $87.3 and an intraday high of $88.19 and the price fluctuated in this range throughout the day.Shares ended Tuesday 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.

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.