Hutchinson Capital Management Has Cut Exxon Mobil (XOM) Position by $330,506 as Market Valuation Declined; Timber Hill Lowered Its Position in Petrochina Co LTD (PTR) by $379,500

May 22, 2018 - By Peter Mason

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Hutchinson Capital Management decreased its stake in Exxon Mobil Corporation (XOM) by 4.47% based on its latest 2017Q4 regulatory filing with the SEC. Hutchinson Capital Management sold 3,982 shares as the company’s stock declined 12.23% with the market. The institutional investor held 85,131 shares of the integrated oil company at the end of 2017Q4, valued at $7.12 million, down from 89,113 at the end of the previous reported quarter. Hutchinson Capital Management who had been investing in Exxon Mobil Corporation for a number of months, seems to be less bullish one the $348.36B market cap company. The stock increased 1.21% or $0.98 during the last trading session, reaching $82.28. About 8.82M shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.29% since May 22, 2017 and is downtrending. It has underperformed by 20.84% the S&P500.

Timber Hill Llc decreased its stake in Petrochina Co Ltd (PTR) by 32.04% based on its latest 2017Q4 regulatory filing with the SEC. Timber Hill Llc sold 5,500 shares as the company’s stock declined 1.96% with the market. The institutional investor held 11,665 shares of the oil & gas production company at the end of 2017Q4, valued at $816,000, down from 17,165 at the end of the previous reported quarter. Timber Hill Llc who had been investing in Petrochina Co Ltd for a number of months, seems to be less bullish one the $236.11 billion market cap company. The stock decreased 0.42% or $0.34 during the last trading session, reaching $81.33. About 138,895 shares traded or 13.40% up from the average. PetroChina Company Limited (NYSE:PTR) has declined 7.25% since May 22, 2017 and is downtrending. It has underperformed by 18.80% the S&P500.

More important recent PetroChina Company Limited (NYSE:PTR) news were published by: Seekingalpha.com which released: “US defense stocks rise on Iran deal exit; some other firms fear lost deals” on May 08, 2018, also Seekingalpha.com published article titled: “LNG Canada committed to starting construction in 2018, CEO says”, Benzinga.com published: “24 Stocks Moving In Friday’s Pre-Market Session” on May 18, 2018. More interesting news about PetroChina Company Limited (NYSE:PTR) was released by: Seekingalpha.com and their article: “PetroChina hikes gas supply to help meet demand” with publication date: May 21, 2018.

Timber Hill Llc, which manages about $1.55B US Long portfolio, upped its stake in A by 3,136 shares to 4,977 shares, valued at $1.67 million in 2017Q4, according to the filing. It also increased its holding in Exxon Mobil Corp (NYSE:XOM) by 110,916 shares in the quarter, for a total of 118,263 shares, and has risen its stake in Ishares Russell 1000 Growth (IWF).

Among 10 analysts covering PetroChina Company Limited (NYSE:PTR), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. PetroChina Company Limited had 18 analyst reports since August 25, 2015 according to SRatingsIntel. Bank of America upgraded the shares of PTR in report on Monday, April 18 to “Buy” rating. The firm has “Equal-Weight” rating by Morgan Stanley given on Tuesday, January 2. Nomura initiated PetroChina Company Limited (NYSE:PTR) on Wednesday, December 6 with “Buy” rating. The company was upgraded on Wednesday, October 28 by Societe Generale. The firm has “Equal-Weight” rating given on Tuesday, January 10 by Morgan Stanley. On Thursday, March 10 the stock rating was downgraded by HSBC to “Reduce”. The firm has “Neutral” rating given on Monday, May 23 by JP Morgan. The stock of PetroChina Company Limited (NYSE:PTR) earned “Neutral” rating by Bank of America on Monday, August 31. The stock of PetroChina Company Limited (NYSE:PTR) earned “Underperform” rating by Credit Suisse on Monday, April 10. The firm has “Buy” rating by Jefferies given on Friday, February 24.

Since December 11, 2017, it had 0 insider purchases, and 4 selling transactions for $3.42 million activity. $1.62M worth of Exxon Mobil Corporation (NYSE:XOM) was sold by Corson Bradley W on Monday, December 11. Shares for $996,628 were sold by Chapman Neil A on Thursday, December 14. $606,082 worth of Exxon Mobil Corporation (NYSE:XOM) was sold by Milton Bryan W on Tuesday, December 12.

Analysts await Exxon Mobil Corporation (NYSE:XOM) to report earnings on July, 27. They expect $1.16 earnings per share, up 48.72% or $0.38 from last year’s $0.78 per share. XOM’s profit will be $4.91 billion for 17.73 P/E if the $1.16 EPS becomes a reality. After $1.09 actual earnings per share reported by Exxon Mobil Corporation for the previous quarter, Wall Street now forecasts 6.42% EPS growth.

More notable recent Exxon Mobil Corporation (NYSE:XOM) news were published by: Seekingalpha.com which released: “Exxon Loses An Enemy” on May 08, 2018, also Seekingalpha.com with their article: “Reuters: Exxon’s Baytown refinery gasoline unit shut” published on May 11, 2018, Seekingalpha.com published: “Exxon Stock Isn’t So Slick” on May 01, 2018. More interesting news about Exxon Mobil Corporation (NYSE:XOM) were released by: Seekingalpha.com and their article: “Exxon: Irrational Exuberance” published on May 11, 2018 as well as Seekingalpha.com‘s news article titled: “Exxon: Is The Bottom In?” with publication date: May 04, 2018.

Among 26 analysts covering Exxon Mobil (NYSE:XOM), 10 have Buy rating, 5 Sell and 11 Hold. Therefore 38% are positive. Exxon Mobil had 95 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Buy” rating given on Thursday, August 20 by Vetr. The firm earned “Market Perform” rating on Friday, December 2 by BMO Capital Markets. The company was maintained on Tuesday, October 24 by Cowen & Co. The firm has “Reduce” rating given on Friday, March 18 by Nomura. The stock has “Hold” rating by Citigroup on Wednesday, August 19. The rating was upgraded by Barclays Capital to “Equal-Weight” on Monday, October 12. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Hold” rating by Jefferies on Friday, June 23. The rating was maintained by Bank of America with “Buy” on Thursday, March 8. The company was maintained on Wednesday, January 10 by BMO Capital Markets. Morgan Stanley maintained Exxon Mobil Corporation (NYSE:XOM) on Wednesday, January 24 with “Underweight” rating.

Investors sentiment decreased to 0.84 in 2017 Q4. Its down 0.01, from 0.85 in 2017Q3. It fall, as 48 investors sold XOM shares while 819 reduced holdings. 123 funds opened positions while 603 raised stakes. 2.17 billion shares or 1.92% more from 2.13 billion shares in 2017Q3 were reported. Botty Ltd Liability Corp owns 10,000 shares or 0.26% of their US portfolio. 6,001 were reported by Biondo Invest Advsrs Limited Liability Company. The United Kingdom-based Veritas Investment (Uk) has invested 0.1% in Exxon Mobil Corporation (NYSE:XOM). Ubs Asset Mngmt Americas holds 13.89M shares or 0.98% of its portfolio. Sfe Investment Counsel holds 0.17% or 4,987 shares. Seabridge Investment Advisors Ltd Limited Liability Company has 0.11% invested in Exxon Mobil Corporation (NYSE:XOM). Olstein Capital Limited Partnership accumulated 0.51% or 48,000 shares. Davidson Invest holds 0.06% or 7,319 shares in its portfolio. Nbt Savings Bank N A owns 2.77% invested in Exxon Mobil Corporation (NYSE:XOM) for 210,423 shares. St Johns Inv Mngmt Ltd Liability Company holds 1.33% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 21,531 shares. Denali Advsrs Ltd Llc accumulated 55,256 shares. Capstone Ltd Co owns 4,713 shares for 0.01% of their portfolio. Reik And Ltd owns 92,110 shares for 2.47% of their portfolio. Flossbach Von Storch Ag invested 0.13% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Cibc Ww accumulated 0.34% or 904,187 shares.

Exxon Mobil Corporation (NYSE:XOM) Institutional Positions Chart

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