Moors Cabot buys $12,603,428 stake in Exxon Mobil Corporation (XOM)

Exxon Mobil Corporation (XOM) : Moors Cabot scooped up 6,832 additional shares in Exxon Mobil Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 147,116 shares of Exxon Mobil Corporation which is valued at $12,603,428.Exxon Mobil Corporation makes up approximately 2.14% of Moors Cabot’s portfolio.

Other Hedge Funds, Including , Jones Financial Companies Lllp reduced its stake in XOM by selling 315 shares or 0.76% in the most recent quarter. The Hedge Fund company now holds 41,218 shares of XOM which is valued at $3,515,071. Exxon Mobil Corporation makes up approx 0.01% of Jones Financial Companies Lllp’s portfolio.Daiwa Securities Group reduced its stake in XOM by selling 10,718 shares or 5.05% in the most recent quarter. The Hedge Fund company now holds 201,455 shares of XOM which is valued at $16,835,594. Exxon Mobil Corporation makes up approx 0.11% of Daiwa Securities Group’s portfolio.Commerce Bank reduced its stake in XOM by selling 10,614 shares or 0.64% in the most recent quarter. The Hedge Fund company now holds 1,656,739 shares of XOM which is valued at $138,602,785. Exxon Mobil Corporation makes up approx 2.25% of Commerce Bank’s portfolio.Donald L. Hagan boosted its stake in XOM in the latest quarter, The investment management firm added 1,016 additional shares and now holds a total of 46,898 shares of Exxon Mobil Corporation which is valued at $3,907,541. Exxon Mobil Corporation makes up approx 3.95% of Donald L. Hagan’s portfolio.Ipswich Investment Management reduced its stake in XOM by selling 625 shares or 0.55% in the most recent quarter. The Hedge Fund company now holds 113,176 shares of XOM which is valued at $9,794,251. Exxon Mobil Corporation makes up approx 4.86% of Ipswich Investment Management’s portfolio.

Exxon Mobil Corporation opened for trading at $85.21 and hit $85.65 on the upside on Monday, eventually ending the session at $85.28, with a gain of 0.06% or 0.05 points. The heightened volatility saw the trading volume jump to 84,57,804 shares. Company has a market cap of $353,630 M.

On the company’s financial health, Exxon Mobil Corporation reported $0.63 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Oct 28, 2016. Analyst had a consensus of $0.60. The company had revenue of $58677.00 million for the quarter, compared to analysts expectations of $60602.74 million. The company’s revenue was down -12.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.01 EPS.

Many Wall Street Analysts have commented on Exxon Mobil Corporation. Exxon Mobil Corporation was Downgraded by Goldman to ” Neutral” on Oct 31, 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.

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