How Many Exxon Mobil Corporation (NYSE:XOM)'s Analysts Are Bearish?

How Many Exxon Mobil Corporation (NYSE:XOM)'s Analysts Are Bearish?

Finally, Bridgeworth LLC lifted its stake in shares of Exxon Mobil by 3.1% in the 4th quarter.

Exxon said its crude oil production rose about 7% in the second quarter but oil prices have been volatile due to demand and geopolitical worries. It also reduced its holding in Suncor Energy Inc (NYSE:SU) by 29,783 shares in the quarter, leaving it with 1.92 million shares, and cut its stake in Aflac Inc (NYSE:AFL). Institutional investors and hedge funds own 54.52% of the company's stock. Exxon Mobil accounts for 0.8% of Commonwealth Equity Services LLC's holdings, making the stock its 22nd largest position. Northside Capital Management LLC now owns 6,831 shares of the oil and gas company's stock worth $466,000 after acquiring an additional 699 shares in the last quarter. Peddock Capital Advsr Lc has invested 33.94% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Mn Services Vermogensbeheer B.V. now owns 943,995 shares of the oil and gas company's stock worth $56,310,000 after acquiring an additional 265,238 shares during the period.

The company's shares, operating in the sector of basic materials managed to top a trading volume set approximately around 16.72 million for the day, which was evidently higher when compared to average daily volumes of the shares.

In other Exxon Mobil news, VP Bryan W. Milton sold 6,033 shares of Exxon Mobil stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $76.34, for a total value of $460,559.22. Following the completion of the transaction, the vice president now owns 219,423 shares of the company's stock, valued at $16,750,751.82. The stock has week by week unpredictability of 1.42% and monthly volatility of 1.21% with ATR of 1.01 and beta of 0.97. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.77 and a quick ratio of 0.50.

Its distance from 20-days simple moving average is -4.48%, and its distance from 50 days simple moving average is -3.63% while it has a distance of -5.72% from the 200 days simple moving average. First National Bank Of Hutchinson who had been investing in Exxon Mobil Corp for a number of months, seems to be bullish on the $303.73 billion market cap company.

Net income fell to Dollars 3.13 Billion, or USD 0.73 per share in the second quarter. The institutional investor held 17,988 shares of the integrated oil company at the end of 2019Q1, valued at $1.47M, up from 13,896 at the end of the previous reported quarter. In a similar fashion, Exxon Mobil Corporation recorded a movement of -9.18% for the period of the last 100 days, recording 10,550,767 in trading volumes. During the same quarter in the prior year, the firm earned $0.92 EPS. Profits from the company's global natural-gas segment fell by about half to $1.34 billion, as prices declined overseas due to abundant new supply from projects around the world.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 10th. This represents a $3.48 dividend on an annualized basis and a yield of 4.80%. The ex-dividend date is Monday, August 12th.

Exxon Mobil Corporation had a pretty Dodgy run when it comes to market performance. Berenberg Bank reaffirmed a "hold" rating and issued a $76.00 price target on shares of Exxon Mobil in a research note on Thursday, April 11th. Credit Suisse maintained Exxon Mobil Corporation (NYSE:XOM) rating on Thursday, March 7.

Chevron and Exxon Mobil both reported second-quarter earnings on August 2. Finally, Tudor Pickering initiated coverage on shares of Exxon Mobil in a research note on Monday, April 8th.

Among 10 analysts covering Exxon Mobil (NYSE:XOM), 3 have Buy rating, 1 Sell and 6 Hold. The stock has a consensus rating of "Hold" and a consensus target price of $83.86.

Exxon Mobil Corporation explores for and produces natural gas and crude oil in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania.

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