Narwhal Capital Management Holding in Exxon Mobil (XOM) Has Decreased by $765,450; Btr Capital Management Cut Exxon Mobil (XOM) Position as Stock Price Rose

February 25, 2018 - By Marie Mckinney

Narwhal Capital Management decreased its stake in Exxon Mobil Corp (XOM) by 11.32% based on its latest 2017Q3 regulatory filing with the SEC. Narwhal Capital Management sold 9,450 shares as the company’s stock rose 0.21% with the market. The hedge fund held 74,056 shares of the integrated oil company at the end of 2017Q3, valued at $6.07 million, down from 83,506 at the end of the previous reported quarter. Narwhal Capital Management who had been investing in Exxon Mobil Corp for a number of months, seems to be less bullish one the $328.65B market cap company. The stock increased 2.20% or $1.67 during the last trading session, reaching $77.53. About 13.38 million shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since February 25, 2017 and is downtrending. It has underperformed by 25.78% the S&P500.

Btr Capital Management Inc decreased its stake in Exxon Mobil Corp (XOM) by 9.43% based on its latest 2017Q3 regulatory filing with the SEC. Btr Capital Management Inc sold 6,699 shares as the company’s stock rose 0.21% with the market. The institutional investor held 64,376 shares of the integrated oil company at the end of 2017Q3, valued at $5.28 million, down from 71,075 at the end of the previous reported quarter. Btr Capital Management Inc who had been investing in Exxon Mobil Corp for a number of months, seems to be less bullish one the $328.65 billion market cap company. The stock increased 2.20% or $1.67 during the last trading session, reaching $77.53. About 13.38 million shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since February 25, 2017 and is downtrending. It has underperformed by 25.78% the S&P500.

Analysts await Exxon Mobil Corporation (NYSE:XOM) to report earnings on April, 27. They expect $1.21 earnings per share, up 27.37% or $0.26 from last year’s $0.95 per share. XOM’s profit will be $5.13 billion for 16.02 P/E if the $1.21 EPS becomes a reality. After $0.88 actual earnings per share reported by Exxon Mobil Corporation for the previous quarter, Wall Street now forecasts 37.50% EPS growth.

Among 26 analysts covering Exxon Mobil (NYSE:XOM), 9 have Buy rating, 7 Sell and 10 Hold. Therefore 35% are positive. Exxon Mobil had 88 analyst reports since July 22, 2015 according to SRatingsIntel. On Thursday, October 5 the stock rating was maintained by Piper Jaffray with “Hold”. The firm has “Sector Outperform” rating given on Monday, June 5 by Howard Weil. Hilliard Lyons initiated Exxon Mobil Corporation (NYSE:XOM) on Wednesday, June 7 with “Long-Term Buy” rating. On Tuesday, January 26 the stock rating was downgraded by Tudor Pickering to “Sell”. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Buy” rating by RBC Capital Markets on Thursday, July 6. Piper Jaffray maintained the shares of XOM in report on Tuesday, November 21 with “Hold” rating. The rating was maintained by RBC Capital Markets with “Buy” on Tuesday, June 13. The rating was initiated by Macquarie Research with “Underperform” on Wednesday, September 23. The firm has “Buy” rating by Cowen & Co given on Friday, July 28. RBC Capital Markets maintained Exxon Mobil Corporation (NYSE:XOM) rating on Thursday, July 20. RBC Capital Markets has “Hold” rating and $8800 target.

Investors sentiment is 0.85 in Q3 2017. Its the same as in 2017Q2. It is flat, as 57 investors sold XOM shares while 806 reduced holdings. only 114 funds opened positions while 621 raised stakes. 2.13 billion shares or 0.48% more from 2.12 billion shares in 2017Q2 were reported. Botty Invsts owns 10,000 shares for 0.26% of their portfolio. Berkshire Money Mgmt owns 9,371 shares. Valley National Advisers stated it has 0.55% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Milestone Gp stated it has 17,301 shares. State Bank Of The Ozarks, Arkansas-based fund reported 61,609 shares. Advisor Prtn Limited Liability Com holds 57,106 shares. Clark Estates Incorporated invested in 0.06% or 4,263 shares. Cibc National Bank & Trust Usa invested in 0.41% or 38,454 shares. Trustco Natl Bank N Y reported 69,356 shares. Nomura Asset Com holds 1.2% or 1.13 million shares in its portfolio. Homrich And Berg reported 42,236 shares. Lee Danner & Bass stated it has 180,653 shares. Cetera Advisor Net Limited Company, a California-based fund reported 269,780 shares. Hollencrest Secs Limited Liability Com reported 0.09% stake. The Missouri-based Monetary Mgmt Group has invested 0.56% in Exxon Mobil Corporation (NYSE:XOM).

Since September 18, 2017, it had 0 insider purchases, and 5 selling transactions for $5.23 million activity. The insider Chapman Neil A sold 12,000 shares worth $996,628. On Tuesday, December 12 the insider Milton Bryan W sold $606,082. Franklin Robert Stuart also sold $1.81 million worth of Exxon Mobil Corporation (NYSE:XOM) on Monday, September 18. Corson Bradley W had sold 19,500 shares worth $1.62 million.

Among 26 analysts covering Exxon Mobil (NYSE:XOM), 9 have Buy rating, 7 Sell and 10 Hold. Therefore 35% are positive. Exxon Mobil had 88 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Buy” rating by Cowen & Co given on Friday, January 19. The stock has “Hold” rating by BMO Capital Markets on Monday, June 26. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Underweight” rating given on Wednesday, January 24 by Morgan Stanley. The company was upgraded on Thursday, August 20 by Vetr. The stock has “Neutral” rating by Bank of America on Thursday, June 2. RBC Capital Markets maintained Exxon Mobil Corporation (NYSE:XOM) on Thursday, July 20 with “Hold” rating. Barclays Capital upgraded Exxon Mobil Corporation (NYSE:XOM) on Tuesday, July 11 to “Overweight” rating. Macquarie Research initiated Exxon Mobil Corporation (NYSE:XOM) on Wednesday, September 23 with “Underperform” rating. The stock has “Sector Outperform” rating by Howard Weil on Monday, June 5. As per Wednesday, December 20, the company rating was maintained by Jefferies.

Analysts await Exxon Mobil Corporation (NYSE:XOM) to report earnings on April, 27. They expect $1.21 EPS, up 27.37% or $0.26 from last year’s $0.95 per share. XOM’s profit will be $5.13 billion for 16.02 P/E if the $1.21 EPS becomes a reality. After $0.88 actual EPS reported by Exxon Mobil Corporation for the previous quarter, Wall Street now forecasts 37.50% EPS growth.

Since September 18, 2017, it had 0 insider purchases, and 5 sales for $5.23 million activity. On Thursday, December 14 Chapman Neil A sold $996,628 worth of Exxon Mobil Corporation (NYSE:XOM) or 12,000 shares. $200,293 worth of Exxon Mobil Corporation (NYSE:XOM) shares were sold by Wascom Dennis G. Milton Bryan W sold $606,082 worth of Exxon Mobil Corporation (NYSE:XOM) on Tuesday, December 12. Franklin Robert Stuart sold $1.81 million worth of stock or 22,656 shares.

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By1 Marie Mckinney

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