Legal & General Group Plc Stake in Exxon Mobil Corp (XOM) Decreased by $54.66 Million as Shares Declined

May 16, 2018 - By Billy Entrekin

Exxon Mobil Corporation (NYSE:XOM) Corporate LogoDuring 2017 Q4 the big money sentiment decreased to 0.84. That’s change of 0.01, from 2017Q3’s 0.85. 48 investors sold all, 819 reduced holdings as XOM ratio is negative. 603 increased stakes while 123 funds amassed stakes. Funds hold 2.17 billion shares thus 1.92% more from 2017Q3’s 2.13 billion shares. California State Teachers Retirement Systems has invested 1.37% in Exxon Mobil Corporation (NYSE:XOM). Fincl Consulate holds 0.94% or 21,952 shs in its capital. Nordea Inv Mgmt accumulated 3.41 million shs. Duncker Streett & Communications has invested 2.02% of its capital in Exxon Mobil Corporation (NYSE:XOM). Horizon Inv Services Limited Co holds 0.11% of its capital in Exxon Mobil Corporation (NYSE:XOM) for 3,242 shs. Halsey Ct has invested 2.33% in Exxon Mobil Corporation (NYSE:XOM). Gargoyle Invest Advisor Limited Liability Com owns 13,692 shs. 84,001 are owned by Aviance Cap Prtn Limited Com. 4,567 are owned by Oak Ridge Invests Limited Liability. Miller Inv Management Lp reported 9,793 shs. Ibm Retirement Fund owns 110,516 shs for 1.71% of their capital. Prudential Pcl owns 2.42M shs or 0.62% of their US capital. Villere St Denis J Lc reported 12,189 shs. Greenleaf Trust owns 35,792 shs for 0.06% of their capital. Braun Stacey Assoc stated it has 232,190 shs or 1.3% of all its holdings.

XOM registered $3.42 million net activity with 0 buys and 4 insider sales since December 11, 2017. $200,293 worth of Exxon Mobil Corporation (NYSE:XOM) was sold by Wascom Dennis G on Friday, December 15. On Tuesday, December 12 $606,082 worth of stock was sold by Milton Bryan W. On Thursday, December 14 Chapman Neil A also sold $996,628 worth of Exxon Mobil Corporation (NYSE:XOM).

In 2017Q4 Securities and Exchange form is reported Legal & General Group Plc’s stake in Exxon Mobil Corp (XOM) which was decreased by 2.8%. 658,506 shares were sold by Legal & General Group Plc as the company’s stock declined 12.23% with the market. At the end of 2017Q4, the institutional investor held 22.89M shares of the integrated oil company, valued at $1.91B, down from 23.55 million at the end of the previous reported quarter. $347.22B is the market cap of Exxon Mobil Corp. XOM touched $82.01 during the last trading session after $0.22 change.Currently Exxon Mobil Corporation is downtrending after 9.29% change in last May 16, 2017. XOM has 8.12M shares volume. XOM underperformed by 20.84% the S&P500.

According to a filing the Legal & General Group Plc’s stake in Pembina Pipeline Corp (NYSE:PBA) was increased by 434,005 shares to 2.43 million shares valued at $88.43M in 2017Q4. It operates about $138.20B US Long portfolio. Legal & General Group Plc has risen its stake in Universal Fst Prods Inc (NASDAQ:UFPI) and also increased its holding in Lasalle Hotel Pptys (NYSE:LHO) by 124,146 shares in the quarter, for a total of 921,910 shares.

On July, 27 WallStreet expected Exxon Mobil Corporation (NYSE:XOM)’s earnings report, RTT reports. Analysts have expectation on stock’s EPS of $1.16. That’s up 48.72 % from last year’s $0.78 EPS. If reported the P/E will be 17.67 with $4.91B profit. Last quarter $1.09 EPS was reported. Analysts sees 6.42 % EPS growth this quarter.

For more Exxon Mobil Corporation (NYSE:XOM) news published briefly go to: Seekingalpha.com, Livetradingnews.com, Seekingalpha.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Exxon Stock Isn’t So Slick” published on May 01, 2018, “Exxon Mobil Corporation (NYSE:XOM) Extending Gains” on May 10, 2018, “Reuters: Exxon’s Baytown refinery gasoline unit shut” with a publish date: May 11, 2018, “Exxon: Irrational Exuberance” and the last “Exxon Mobil: Has The Paradigm Shifted?” with publication date: April 25, 2018.

Exxon Mobil Corporation (NYSE:XOM) Ratings Coverage

In total 11 analysts cover Exxon Mobil (NYSE:XOM). “Buy” rating has 3, “Sell” are 2, while 6 are “Hold”. (NYSE:XOM) has 27% bullish analysts. 19 are the (NYSE:XOM)’s ratings reports on May 16, 2018 according to StockzIntelligence Inc. On Friday, January 19 the firm has “Buy” rating given by Cowen & Co. On Thursday, March 15 HSBC upgraded Exxon Mobil Corporation (NYSE:XOM) to “Buy” rating. On Wednesday, January 24 the firm has “Underweight” rating by Morgan Stanley given. On Monday, April 23 the stock has “Hold” rating by Raymond James. On Tuesday, January 23 the firm has “Hold” rating given by Piper Jaffray. On Thursday, March 8 Wells Fargo maintained Exxon Mobil Corporation (NYSE:XOM) rating. Wells Fargo has “Market Perform” rating and $82 target. On Wednesday, December 20 Jefferies maintained Exxon Mobil Corporation (NYSE:XOM) rating. Jefferies has “Hold” rating and $85.0 target. On Wednesday, January 10 BMO Capital Markets maintained Exxon Mobil Corporation (NYSE:XOM) with “Hold” rating. On Monday, February 5 the rating was maintained by Jefferies with “Hold”. On Tuesday, November 21 the stock of Exxon Mobil Corporation (NYSE:XOM) earned “Hold” rating by Piper Jaffray.

Exxon Mobil Corporation (NYSE:XOM) Institutional Investors Chart

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