Institutional Investor’s Anti-Exxon Mobil Corp (NYSE:XOM) Sentiment In Q4 2017

April 25, 2018 - By Vivian Currie

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Sentiment for Exxon Mobil Corp (NYSE:XOM)

Exxon Mobil Corp (NYSE:XOM) institutional sentiment decreased to 0.84 in Q4 2017. Its down -0.01, from 0.85 in 2017Q3. The ratio worsened, as 726 investment professionals increased or opened new stock positions, while 867 reduced and sold their positions in Exxon Mobil Corp. The investment professionals in our partner’s database now own: 2.17 billion shares, up from 2.13 billion shares in 2017Q3. Also, the number of investment professionals holding Exxon Mobil Corp in their top 10 stock positions decreased from 308 to 285 for a decrease of 23. Sold All: 48 Reduced: 819 Increased: 603 New Position: 123.

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. The company has market cap of $331.87 billion. The firm operates through Upstream, Downstream, and Chemical divisions. It has a 16.92 P/E ratio. It also makes petroleum products; makes and markets commodity petrochemicals, including olefins, aromatics, polyethylene, and polypropylene plastics, as well as various specialty products; and transports and sells crude oil, natural gas, and petroleum products.

The stock decreased 1.53% or $1.22 during the last trading session, reaching $78.35. About 14.10M shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.29% since April 25, 2017 and is downtrending. It has underperformed by 20.84% the S&P500.

Analysts await Exxon Mobil Corporation (NYSE:XOM) to report earnings on April, 27 before the open. They expect $1.18 EPS, up 24.21 % or $0.23 from last year’s $0.95 per share. XOM’s profit will be $5.00 billion for 16.60 P/E if the $1.18 EPS becomes a reality. After $0.88 actual EPS reported by Exxon Mobil Corporation for the previous quarter, Wall Street now forecasts 34.09 % EPS growth.

Salient Trust Co Lta holds 37.93% of its portfolio in Exxon Mobil Corporation for 4.04 million shares. Peddock Capital Advisors Llc owns 778,070 shares or 32.63% of their US portfolio. Moreover, Adams Natural Resources Fund Inc. has 19.32% invested in the company for 1.54 million shares. The Massachusetts-based Srb Corp has invested 13.32% in the stock. Brandywine Trust Co, a Delaware-based fund reported 165,066 shares.

Since January 1, 0001, it had 0 insider buys, and 4 selling transactions for $3.42 million activity.

Exxon Mobil Corporation (NYSE:XOM) Ratings Coverage

Ratings analysis reveals 33% of Exxon Mobil’s analysts are positive. Out of 12 Wall Street analysts rating Exxon Mobil, 4 give it “Buy”, 2 “Sell” rating, while 6 recommend “Hold”. The lowest target is $20 while the high is $100.0. The stock’s average target of $81.20 is 3.64% above today’s ($78.35) share price. XOM was included in 20 notes of analysts from November 7, 2017. The stock has “Hold” rating by Piper Jaffray on Monday, February 5. The rating was maintained by Cowen & Co on Friday, January 19 with “Buy”. Credit Suisse initiated Exxon Mobil Corporation (NYSE:XOM) on Monday, December 11 with “Hold” rating. The firm has “Hold” rating given on Tuesday, January 23 by Piper Jaffray. The firm has “Hold” rating given on Friday, January 19 by Jefferies. The firm has “Hold” rating given on Sunday, April 22 by Piper Jaffray. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Market Perform” rating by Wells Fargo on Thursday, March 8. On Thursday, March 8 the stock rating was maintained by Bank of America with “Buy”. The rating was maintained by BMO Capital Markets on Wednesday, January 10 with “Hold”. Jefferies maintained it with “Hold” rating and $87.0 target in Monday, February 5 report.

Exxon Mobil Corporation (NYSE:XOM) Institutional Positions Chart

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