HSBC Securities Released "Hold" Rating on Exxon Mobil Corporation (XOM)

HSBC Securities Released “Hold” Rating on Exxon Mobil Corporation (XOM)

The institutional investor owned 5,862 shares of the company's stock after selling 343 shares during the period. Overall, the consensus ratings were for Overweight by the pool of analysts. Relative volume is ratio between current volume and 3-month average value, intraday adjusted. Northpointe Capital LLC raised its position in Exxon Mobil by 4.5% in the third quarter.

In other Exxon Mobil news, insider Sara N. Ortwein sold 5,000 shares of the company's stock in a transaction on Thursday, December 15th. Legal & General Group Plc increased its position in Exxon Mobil by 1.8% in the second quarter.

According to the latest research reports released, 1 analyst has issued a rating of "buy", 3 analysts "outperform", 15 analysts "hold", 4 analysts "underperform" and 2 analysts "sell". Mizuho Asset Management Co. Finally, Ronna Sue Cohen increased its stake in Exxon Mobil by 0.3% in the third quarter. Mizuho Trust & Banking Co. These analysts have also projected a Low Estimate of $0.4/share and a High Estimate of $1.12/share. (NYSE:XOM) opened at 81.61 on Friday. Beta factor is used to measure the volatility of the stock.

John Surtees, F1 and Motorcycle Racing Hero, Dies at 83
At the age of 83, the 1964 Formula One and multiple motorcycle World Champion John Surtees CBE has passed away. During that time he won six races, the last of which came at the 1967 Italian Grand Prix for Honda.

The stock's 50 day moving average is 82.94 and its 200 day moving average is 85.99.

Exxon Mobil Corporation (XOM) have shown a high EPS growth of -25.90% in the last 5 years and has earnings decline of -51.20% yoy. The company reported $0.41 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.70 by $0.29.

Many Analysts provided their foresight on Revenue Estimates of Exxon Mobil Corporation where they believe that the company has the potential to earn average revenue of $67.49 Billion for the current quarter. Exxon Mobil had a net margin of 3.47% and a return on equity of 5.56%. Studies indicate that the stock prices of firms with significant positive earnings surprises show above-average performance, while those with negative surprises have below-average performance. Exxon Mobil Corp.'s dividend payout ratio is 140.19%.

Tim Tebow Goes 0-For-3 With 2 Strikeouts In Spring Debut
After the woman turned over her driver's license, the officer noticed a small sticker with the words "I (heart) Jesus/Tim Tebow". Two days later, she returned to the property when the Mets had left for an away game, according to police.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 10th. Investors of record on Thursday, November 10th will be given a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 3.67%. The ex-dividend date of this dividend is Tuesday, November 8th.

In October 2015, the three-member ICSID arbitration panel rejected Exxon Mobil's arguments that Venezuela's nationalization represented an illegal expropriation, but awarded them payment as "just compensation" under an worldwide investment treaty. If you are accessing this report on another publication, it was copied illegally and reposted in violation of USA & worldwide trademark & copyright legislation.

On Wednesday HSBC Securities reiterated its target for shares of Exxon Mobil as "Hold" recommending a target price of 85 for investors; potentially meaning there is an increase of 4.56% from Exxon Mobil's share price of 81.29. The research report and subsequent rating should be used to complement individual homework and strategy. (NYSE:XOM) traded up 0.108% during midday trading on Wednesday, reaching $87.655. Finally, Credit Suisse Group AG set a $75.00 target price on Exxon Mobil and gave the stock a "sell" rating in a report on Tuesday, January 24th. Eight equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and seven have assigned a buy rating to the company. The company maintains price to book ratio of 2.05 vs.an industry average at 2.27. After this transaction, the insider's stake stands at 199,557 shares, with a market value of $16170104. Following the sale, the vice president now owns 183,765 shares of the company's stock, valued at $16,906,380. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The disclosure for this sale can be found here. Edgar Lomax Co. VA now owns 846,898 shares of the company's stock worth $70,792,000 after buying an additional 126,050 shares in the last quarter.

Brooklyn Nets to Honor Biggie Smalls in Game vs. Knicks
The 47-year-old rapper will then take these clips and edit them into one video to commemorate the legacy of his late friend. But you know we just have to move on and live with the great memories of B.I.G. that we've had".

Exxon Mobil Corporation was founded in 1870 and is headquartered in Irving, Texas.

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