Aspen Investment Management Has Cut Position in Exxon Mobil (XOM) by $402,930; Silchester International Investors Llp Boosted Halliburton Co (HAL) Position by $321,080

June 21, 2018 - By Vivian Currie

Exxon Mobil Corporation (NYSE:XOM) Logo

Aspen Investment Management Inc decreased its stake in Exxon Mobil Corp (XOM) by 25.9% based on its latest 2018Q1 regulatory filing with the SEC. Aspen Investment Management Inc sold 5,445 shares as the company’s stock declined 0.16% with the market. The institutional investor held 15,582 shares of the integrated oil company at the end of 2018Q1, valued at $1.16 million, down from 21,027 at the end of the previous reported quarter. Aspen Investment Management Inc who had been investing in Exxon Mobil Corp for a number of months, seems to be less bullish one the $337.39 billion market cap company. The stock decreased 0.94% or $0.76 during the last trading session, reaching $79.69. About 10.57 million shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 3.72% since June 21, 2017 and is downtrending. It has underperformed by 16.29% the S&P500. Some Historical XOM News: 07/03/2018 – Exxon Mobil Executives Detail Growth Plan; 07/03/2018 – EXXONMOBIL – BY 2025 EXPECTS CASH FLOW COULD GROW 90 PCT AT 2017 OIL PRICES; 15/03/2018 – EXXONMOBIL SVP MARK ALBERS TO RETIRE; 27/04/2018 – Exxon Misses Full Benefit of Crude Rally on Production Blunder; 27/04/2018 – Exxon Mobil 1Q International Downstream Net $621M; 20/03/2018 – COSAN: EXXON CONTRACT VALID BRAZIL, BOLIVIA, PARAGUAY, URUGUAY; 05/04/2018 – ExxonMobil Awards FLEXICOKING Technology License to Sinochem Hongrun Petrochemical Co. Ltd; 07/03/2018 – RPT-INSIGHT-Shakes and superstition: Exxon faces backlash in Papua New Guinea; 29/03/2018 – Caproni dismissed the lawsuit with prejudice, meaning Exxon cannot bring it again; 09/04/2018 – L&T Technology Services Wins Multi-Million Dollar Digitalization Contract from ExxonMobil Exploration Company

Silchester International Investors Llp increased its stake in Halliburton Co (HAL) by 36.64% based on its latest 2018Q1 regulatory filing with the SEC. Silchester International Investors Llp bought 6,980 shares as the company’s stock rose 4.06% while stock markets declined. The institutional investor held 26,032 shares of the oilfield services and equipment company at the end of 2018Q1, valued at $1.22M, up from 19,052 at the end of the previous reported quarter. Silchester International Investors Llp who had been investing in Halliburton Co for a number of months, seems to be bullish on the $39.35B market cap company. The stock decreased 1.73% or $0.79 during the last trading session, reaching $44.92. About 9.02M shares traded or 7.94% up from the average. Halliburton Company (NYSE:HAL) has risen 10.53% since June 21, 2017 and is uptrending. It has underperformed by 2.04% the S&P500. Some Historical HAL News: 23/04/2018 – Halliburton 1Q Completion/Production Rev $3.81B; 23/04/2018 – Halliburton 1Q Rev $5.7B; 23/04/2018 – Halliburton Wrote Down All of Remaining Investment in Venezuela During 1Q; 27/05/2018 – Saudi Aramco Awards Halliburton Contract for Unconventional Resources Project; 23/04/2018 – Halliburton 1Q Drilling/Evaluation Rev $1.93B; 03/04/2018 – Halliburton Locks Up Top Talent as Oil Rivals Recruit (Correct); 27/03/2018 – HALLIBURTON: OILFIELD LABOR MARKET REMAINS TIGHT; 28/05/2018 – Halliburton and Saudi Aramco Reach Deal to Increase Gas Output; 18/05/2018 – Halliburton Declares Dividend of 18c; 23/04/2018 – Halliburton 1Q Adjusted Operating Income Was $619 Million

Among 27 analysts covering Exxon Mobil (NYSE:XOM), 11 have Buy rating, 5 Sell and 11 Hold. Therefore 41% are positive. Exxon Mobil had 97 analyst reports since July 22, 2015 according to SRatingsIntel. Jefferies maintained the shares of XOM in report on Tuesday, October 3 with “Hold” rating. Piper Jaffray maintained Exxon Mobil Corporation (NYSE:XOM) rating on Thursday, August 24. Piper Jaffray has “Hold” rating and $76.0 target. The company was upgraded on Thursday, March 2 by Credit Suisse. As per Monday, June 26, the company rating was maintained by BMO Capital Markets. The stock has “Hold” rating by Piper Jaffray on Tuesday, January 23. RBC Capital Markets maintained it with “Buy” rating and $9600 target in Tuesday, June 13 report. The firm has “Conviction Buy” rating by Goldman Sachs given on Friday, March 18. Jefferies maintained Exxon Mobil Corporation (NYSE:XOM) on Thursday, October 19 with “Hold” rating. The stock has “Hold” rating by Jefferies on Thursday, July 27. The company was maintained on Thursday, October 5 by Piper Jaffray.

Investors sentiment decreased to 0.81 in 2018 Q1. Its down 0.03, from 0.84 in 2017Q4. It turned negative, as 52 investors sold XOM shares while 836 reduced holdings. 121 funds opened positions while 596 raised stakes. 2.15 billion shares or 0.92% less from 2.17 billion shares in 2017Q4 were reported. 192,877 are held by Envestnet Asset Management. Cubic Asset Mgmt Ltd Liability has 0.56% invested in Exxon Mobil Corporation (NYSE:XOM). Opus Investment Mgmt reported 32,000 shares stake. Cohen Mgmt invested in 34,660 shares or 0.63% of the stock. Becker Cap Mgmt Inc reported 478,619 shares stake. Mirador Cap Prns Lp reported 0.32% stake. Murphy Capital Mngmt Incorporated holds 1.39% or 131,313 shares. Acropolis Invest Mngmt Limited Liability Corp invested 0.33% in Exxon Mobil Corporation (NYSE:XOM). Greylin Invest Mangement invested in 426,855 shares or 6.91% of the stock. Clear Harbor Asset Limited Liability Co reported 55,336 shares stake. Brookmont Mngmt reported 0.41% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Liberty Mutual Gru Asset Mgmt, a Massachusetts-based fund reported 168,881 shares. Dimensional Fund Advisors Lp stated it has 0.95% in Exxon Mobil Corporation (NYSE:XOM). Sg Americas Securities Limited Liability Corp, New York-based fund reported 628,896 shares. Millennium Mngmt Ltd Liability owns 310,374 shares.

More notable recent Exxon Mobil Corporation (NYSE:XOM) news were published by: 247Wallst.com which released: “Natural Gas Price Slides on Larger-Than-Expected Storage Increase” on June 21, 2018, also Seekingalpha.com with their article: “Exxon Mobil bulks up energy trading” published on June 12, 2018, Fool.com published: “ExxonMobil Is Spending Billions of Dollars to Solve the Permian Basin’s Biggest Problem” on June 13, 2018. More interesting news about Exxon Mobil Corporation (NYSE:XOM) were released by: Seekingalpha.com and their article: “Exelon, First Solar back new campaign to push for US carbon tax” published on June 20, 2018 as well as Seekingalpha.com‘s news article titled: “Exxon Mobil Is Returning To Its Roots” with publication date: June 20, 2018.

Aspen Investment Management Inc, which manages about $233.10 million and $139.50M US Long portfolio, upped its stake in Claymore Exchange Trd Fd Tr (BSCK) by 25,362 shares to 114,415 shares, valued at $2.41M in 2018Q1, according to the filing. It also increased its holding in Claymore Exchange Trd Fd Tr (BSCM) by 16,650 shares in the quarter, for a total of 32,551 shares, and has risen its stake in First Tr Exchange Traded Fd (FTSL).

Analysts await Exxon Mobil Corporation (NYSE:XOM) to report earnings on July, 27. They expect $1.19 EPS, up 52.56% or $0.41 from last year’s $0.78 per share. XOM’s profit will be $5.04 billion for 16.74 P/E if the $1.19 EPS becomes a reality. After $1.09 actual EPS reported by Exxon Mobil Corporation for the previous quarter, Wall Street now forecasts 9.17% EPS growth.

Investors sentiment decreased to 1.01 in Q1 2018. Its down 0.14, from 1.15 in 2017Q4. It dived, as 52 investors sold HAL shares while 306 reduced holdings. 96 funds opened positions while 265 raised stakes. 671.63 million shares or 0.57% less from 675.47 million shares in 2017Q4 were reported. Moreover, Kbc Grp Inc Nv has 0.03% invested in Halliburton Company (NYSE:HAL). Fukoku Mutual Life Insur holds 4,300 shares. Paloma Partners Mgmt invested 0.02% of its portfolio in Halliburton Company (NYSE:HAL). Berson & Corrado Investment Advisors Llc, New York-based fund reported 5,000 shares. Coastline Com holds 0.2% or 27,540 shares. Advisory Service Ntwk Ltd Company has 0.06% invested in Halliburton Company (NYSE:HAL) for 14,719 shares. Arizona State Retirement Systems reported 0.1% of its portfolio in Halliburton Company (NYSE:HAL). 371,237 were accumulated by Mackay Shields Ltd. Wetherby Asset reported 0.12% stake. Van Den Berg Management I invested in 1.07% or 188,970 shares. Steinberg Global Asset Mngmt holds 29,753 shares. Pennsylvania-based Hudock Cap Grp Limited Liability Corporation has invested 0.04% in Halliburton Company (NYSE:HAL). Associated Banc owns 0.18% invested in Halliburton Company (NYSE:HAL) for 68,644 shares. Anchor Capital Advisors Ltd invested in 20,451 shares or 0.03% of the stock. North Star Investment Mgmt Corporation owns 512 shares.

Since January 2, 2018, it had 0 insider purchases, and 10 selling transactions for $8.39 million activity. $1.60 million worth of Halliburton Company (NYSE:HAL) was sold by Miller Jeffrey Allen. Carre Eric sold 28,653 shares worth $1.58M. The insider Beaty Anne L. sold $83,844. Another trade for 39,287 shares valued at $2.16 million was made by Voyles Robb L. on Monday, January 22. Brown James S sold 12,977 shares worth $713,475.

More recent Halliburton Company (NYSE:HAL) news were published by: Seekingalpha.com which released: “Equinor awards $3.7B in deals to Baker Hughes, Halliburton, Schulumberger” on June 18, 2018. Also Seekingalpha.com published the news titled: “Halliburton’s Stars Aligned For Multi-Year Move Higher” on June 14, 2018. Benzinga.com‘s news article titled: “US, China Trade Tensions Keeping Stock Market Under Pressure” with publication date: June 18, 2018 was also an interesting one.

Exxon Mobil Corporation (NYSE:XOM) Institutional Positions Chart

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By1 Vivian Currie

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