Economy

IFM Investors Pty Ltd Increases Stake in Exxon Mobil Corporation (XOM)

The institutional investor held 97,201 shares of the integrated oil company at the end of 2017Q2, valued at $7.85M, up from 92,401 at the end of the previous reported quarter. The stock decreased 0.65% or $0.19 during the last trading session, reaching $29.25. Netflix, Inc. (NASDAQ:NFLX) has risen 75.34% since December 7, 2016 and is uptrending. It has outperformed by 40.65% the S&P500.

Gateway Investment Advisers Llc increased Exxon Mobil Corp (XOM) stake by 0.82% reported in 2017Q2 SEC filing.

In other Exxon Mobil news, VP Robert N. Schleckser sold 4,877 shares of Exxon Mobil stock in a transaction on Friday, December 1st. Schwab Charles Investment Management Inc. now owns 20,523,456 shares of the oil and gas company's stock valued at $1,656,859,000 after purchasing an additional 1,406,529 shares in the last quarter. Exxon Mobil has $104 highest and $20 lowest target. The stock increased 0.21% or $0.18 during the last trading session, reaching $82.46. 4,358,146 shares of the company were exchanged, compared to its average volume of 10,968,063.

Exxon Mobil Corporation (XOM)'s mean Altman Z-Score: 3.77 during the last 7 years. It has underperformed by 25.78% the S&P500. More interesting news about Exxon Mobil Corporation (NYSE:XOM) were released by: Reuters.com and their article: "Exxon climate-change probe goes to MA top court" published on December 05, 2017 as well as Reuters.com's news article titled: "ExxonMobil, Chevron, Shell paid no tax in Australia for 2016" with publication date: December 07, 2017. The oil and gas company reported $0.93 earnings per share for the quarter, beating analysts' consensus estimates of $0.89 by $0.04. DORM's profit will be $28.93 million for 18.94 P/E if the $0.86 EPS becomes a reality. About 1.75M shares traded or 13.41% up from the average. It also upped Spdr S&P 500 Etf Tr (SPY) stake by 5,781 shares and now owns 43,465 shares. Spdr Series Trust (XME) was reduced too. Six equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. Therefore 38% are positive. UBS set a $83.00 target price on Exxon Mobil and gave the company a "neutral" rating in a report on Monday. The company presently has a consensus rating of "Hold" and an average target price of $86.14. The rating was initiated by BMO Capital Markets with "Market Perform" on Friday, December 2. On Wednesday, April 20 the stock rating was maintained by Drexel Hamilton with "Buy". The rating was maintained by Cowen & Co with "Buy" on Tuesday, August 25. The firm has "Buy" rating by RBC Capital Markets given on Tuesday, June 13. Morgan Stanley maintained it with "Underperform" rating and $85 target in Wednesday, October 18 report. The rating was maintained by Deutsche Bank with "Hold" on Tuesday, March 29. The stock has "Hold" rating by Moffett Nathanson on Wednesday, September 6. The stock of Exxon Mobil Corporation (NYSE:XOM) has "Hold" rating given on Wednesday, August 19 by Citigroup. The stock of Exxon Mobil Corporation (NYSE:XOM) earned "Hold" rating by TD Securities on Thursday, August 6.

Investors sentiment decreased to 0.85 in 2017 Q2. Its down 0.33, from 1.54 in 2017Q1. It turned negative, as 48 investors sold XOM shares while 822 reduced holdings. 103 funds opened positions while 639 raised stakes.

Among 26 analysts covering Exxon Mobil (NYSE:XOM), 10 have Buy rating, 6 Sell and 10 Hold. The fund owned 496,616 shares of the oil and gas company's stock after acquiring an additional 171,305 shares during the period. Carl Domino Incorporated reported 4,540 shares. Dubuque Bancshares Co has invested 1.02% in Exxon Mobil Corporation (NYSE:XOM). The shares were sold at an average price of $79.76, for a total transaction of $1,807,042.56. RBC Capital Markets maintained Exxon Mobil Corporation (NYSE:XOM) rating on Monday, October 9. 1832 Asset Mgmt Lp has 0.01% invested in Exxon Mobil Corporation (NYSE:XOM) for 33,158 shares. Meridian Investment Counsel invested in 0.8% or 16,666 shares. Primecap Mgmt Company Ca stated it has 0.01% in Exxon Mobil Corporation (NYSE:XOM). Legal & General Group Plc lifted its holdings in shares of Exxon Mobil by 2.7% during the second quarter. Panagora Asset Mngmt has 253,555 shares.

Exxon Mobil Corporation is engaged in energy business.

(NYSE:TJX) by 1.14% during the September 2017 quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. Its down 0.11, from 1.33 in 2017Q1. 32 funds opened positions while 47 raised stakes. Atwood And Palmer reported 48,650 shares or 0.62% of all its holdings.

Currently, 0.10% of The TJX Companies, Inc. (NASDAQ:NFLX). Connor Clark And Lunn Inv Ltd reported 112,875 shares. The Virginia-based Sands Mngmt Ltd Liability has invested 1.04% in Biogen Inc. (NASDAQ:NFLX). Mitsubishi Ufj Trust Bk Corp has 0.37% invested in Netflix, Inc. First Trust Advisors LP now owns 2,426,808 shares of the oil and gas company's stock valued at $195,916,000 after purchasing an additional 1,876,293 shares during the period. Putnam Investments Limited Liability accumulated 4.15 million shares. Arete Wealth Advsr Ltd Liability Corp holds 0.71% or 19,203 shares in its portfolio. (NYSE:CUDA). Dupont Management invested in 0.01% or 22,375 shares. Opus Invest Mngmt Inc holds 0.11% or 8,000 shares. Mutual Of America Cap Limited Co owns 515,505 shares. 189 were reported by Gemmer Asset Mngmt Ltd Co. Segall Bryant & Hamill Ltd Com holds 164,746 shares or 0.08% of its portfolio. (NYSE:ALEX). 367,434 are owned by Geode Mgmt Ltd Liability Company. (NASDAQ:BIIB), 21 have Buy rating, 0 Sell and 10 Hold. Therefore 43% are positive. Netflix had 202 analyst reports since August 4, 2015 according to SRatingsIntel. The firm owned $27.81 million shares of the company's stock after selling 320368 shares during the period. The rating was downgraded by HSBC on Tuesday, November 7 to "Reduce". The rating was maintained by Jefferies with "Hold" on Tuesday, October 3. BMO Capital Markets maintained it with "Outperform" rating and $24 target in Monday, November 6 report. The stock of Biogen Inc. Goldman Sachs downgraded the shares of XOM in report on Monday, October 31 to "Neutral" rating. The firm earned "Neutral" rating on Wednesday, September 7 by Goldman Sachs. The rating was maintained by Topeka Capital Markets on Monday, August 10 with "Buy".

The Altman Z-score is the output of a credit-strength test that gauges a publicly traded manufacturing company's likelihood of bankruptcy.



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