Reduces Position in Exxon Mobil Co. (XOM)

Wednesday, 07 Feb, 2018

Montecito Bank & Trust who had been investing in Exxon Mobil Corp for a number of months, seems to be less bullish one the $331.98 billion market cap company. The stock increased 0.08% or $0.06 during the last trading session, reaching $78.41. Exxon Mobil shares last traded at $80.53, with a volume of 13408927 shares traded.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, February 2nd. It has underperformed by 25.78% the S&P500. (QLYS) by 101.21% based on its latest 2017Q3 regulatory filing with the SEC. Sheffield Asset Management Llc sold 89,240 shares as the company's stock rose 3.15% with the market. The hedge fund run by Jeffrey Moskowitz held 122,500 shares of the semiconductors company at the end of 2017Q3, valued at $4.67M, up from 60,000 at the end of the previous reported quarter. Portolan Capital Management Llc who had been investing in Qualys Inc. for a number of months, seems to be bullish on the $2.28 billion market cap company. The stock decreased 1.67% or $0.94 during the last trading session, reaching $55.46. About 8.36 million shares traded. CDK Global, Inc. (NASDAQ:CDK) has risen 18.92% since February 7, 2017 and is uptrending. It has outperformed by 3.98% the S&P500.

Investors sentiment decreased to 1.35 in Q3 2017.

Since November 17, 2017, it had 0 insider purchases, and 1 insider sale for $292,234 activity. NE now owns 58,978 shares of the oil and gas company's stock worth $4,761,000 after purchasing an additional 629 shares in the last quarter. 34 funds opened positions while 54 raised stakes. Goldman Sachs Group reaffirmed a "neutral" rating and set a $96.00 price objective on shares of Exxon Mobil in a research report on Thursday, February 1st. Stratos Wealth Prtn holds 0.82% or 212,980 shares in its portfolio. Iowa State Bank now owns 57,414 shares of the oil and gas company's stock worth $4,635,000 after buying an additional 4,451 shares during the period. Baker Ellis Asset Mngmt Ltd Co stated it has 0.5% of its portfolio in Merck & Co., Inc.

Perkins Capital Management Inc holds 2.21% of its portfolio in Bovie Medical Corporation for 623,685 shares. Kirr Marbach And Company Ltd Liability In holds 562,362 shares or 2.43% of its portfolio. Invesco Ltd has 134,442 shares. Ifrah Financial Services Inc holds 5,112 shares or 0.16% of its portfolio. Homrich And Berg invested in 0.03% or 16,268 shares. Brave Asset Mngmt Inc owns 23,003 shares. Hikari Power Ltd accumulated 81,493 shares. Cim Llc invested in 5,360 shares or 0.18% of the stock. Wedgewood Prns reported 2,866 shares or 0.01% of all its holdings. Parkside Bancshares Trust stated it has 0.09% of its portfolio in CSX Corporation (NASDAQ:CSX). Eaton Vance Management has 25,482 shares. The insider Milton Bryan W sold 7,281 shares worth $606,082. Shares for $1.81M were sold by Franklin Robert Stuart.

Crawford Investment Counsel Inc, which manages about $4.53 billion and $3.08 billion US Long portfolio, decreased its stake in Time Warner Inc (NYSE:TWX) by 16,270 shares to 36,439 shares, valued at $3.73M in 2017Q3, according to the filing. Smith Stacy J sold $20.89 million worth of stock. (NYSE:IPI), 1 have Buy rating, 3 Sell and 6 Hold. Therefore 50% are positive. CSX Corporation had 102 analyst reports since August 13, 2015 according to SRatingsIntel. The rating was downgraded by Wells Fargo on Wednesday, January 11 to "Market Perform". On Wednesday, March 8 the stock rating was maintained by HSBC with "Hold". Tigress Financial downgraded the stock to "Neutral" rating in Monday, October 26 report. The firm has "Hold" rating given on Monday, February 5 by Piper Jaffray. The firm earned "Neutral" rating on Wednesday, December 7 by JP Morgan. As per Thursday, March 2, the company rating was upgraded by Credit Suisse. The company was maintained on Tuesday, January 12 by Barclays Capital. As per Friday, July 21, the company rating was maintained by Citigroup. Therefore 38% are positive.

Stock analysts at Jefferies Group boosted their FY2017 earnings per share (EPS) estimates for Exxon Mobil in a research report issued on Friday, according to Zacks Investment Research. The firm has "Sell" rating given on Friday, August 18 by Jefferies. Jefferies maintained the stock with "Hold" rating in Friday, January 19 report. On Thursday, May 11 the stock rating was upgraded by Bank of America to "Buy". On Monday, September 12 the stock rating was maintained by First Analysis with "Overweight". The rating was downgraded by CLSA on Wednesday, October 28 to "Underperform". The stock of Exxon Mobil Corporation (NYSE:XOM) has "Hold" rating given on Tuesday, January 23 by Piper Jaffray.

Since September 18, 2017, it had 0 insider buys, and 5 sales for $5.23 million activity. Fort Washington Inv Advsr Oh has invested 1.18% in Exxon Mobil Corporation (NYSE:XOM). Another trade for 12,000 shares valued at $996,628 was sold by Chapman Neil A.

Investors sentiment decreased to 0.66 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. Eubel Brady Suttman Asset Mngmt has 0.17% invested in Exxon Mobil Corporation (NYSE:XOM) for 6,860 shares. Moreover, Fcg Advsrs Ltd Liability has 1% invested in Exxon Mobil Corporation (NYSE:XOM). Cypress Cap Mgmt Limited Liability (Wy), Wyoming-based fund reported 8,155 shares. Raymond James reported 0.63% stake. Following the transaction, the vice president now owns 187,663 shares of the company's stock, valued at approximately $15,750,555.59. Godsey & Gibb Associate holds 22,699 shares. Carlton Hofferkamp And Jenks Wealth Mgmt reported 6.55% in Exxon Mobil Corporation (NYSE:XOM). 12,685 were accumulated by Salem Cap Management. Country Trust Bancorp holds 1.61% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 434,881 shares. Fenimore Asset Management Inc. grew its position in shares of Exxon Mobil by 1.7% during the 2nd quarter.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.