Exxon Mobil Corporation (XOM) : Headinvest scooped up 27,319 additional shares in Exxon Mobil Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 11, 2016. The investment management firm now holds a total of 83,754 shares of Exxon Mobil Corporation which is valued at $7,407,204.Exxon Mobil Corporation makes up approximately 2.63% of Headinvest’s portfolio.
Other Hedge Funds, Including , Macnealy Hoover Investment Management Inc reduced its stake in XOM by selling 1,859 shares or 3.24% in the most recent quarter. The Hedge Fund company now holds 55,561 shares of XOM which is valued at $4,913,815. Exxon Mobil Corporation makes up approx 0.92% of Macnealy Hoover Investment Management Inc’s portfolio.First Mercantile Trust Co reduced its stake in XOM by selling 900 shares or 8.82% in the most recent quarter. The Hedge Fund company now holds 9,309 shares of XOM which is valued at $807,463. Exxon Mobil Corporation makes up approx 0.11% of First Mercantile Trust Co’s portfolio.Telemus Capital reduced its stake in XOM by selling 514 shares or 2.01% in the most recent quarter. The Hedge Fund company now holds 25,109 shares of XOM which is valued at $2,184,483. Exxon Mobil Corporation makes up approx 0.24% of Telemus Capital’s portfolio.First American Trust Fsb reduced its stake in XOM by selling 1,393 shares or 1.84% in the most recent quarter. The Hedge Fund company now holds 74,314 shares of XOM which is valued at $6,465,318. Exxon Mobil Corporation makes up approx 2.03% of First American Trust Fsb’s portfolio.Boltwood Capital Management reduced its stake in XOM by selling 55 shares or 0.13% in the most recent quarter. The Hedge Fund company now holds 42,608 shares of XOM which is valued at $3,706,896. Exxon Mobil Corporation makes up approx 2.98% of Boltwood Capital Management’s portfolio.
Exxon Mobil Corporation closed down -0.7 points or -0.79% at $87.74 with 93,09,029 shares getting traded on Tuesday. Post opening the session at $88.08, the shares hit an intraday low of $87.3 and an intraday high of $88.19 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
On the company’s financial health, Exxon Mobil Corporation reported $0.41 EPS for the quarter, missing the analyst consensus estimate by $ -0.23 based on the information available during the earnings call on Jul 29, 2016. Analyst had a consensus of $0.64. The company had revenue of $57694.00 million for the quarter, compared to analysts expectations of $64001.29 million. The company’s revenue was down -22.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.00 EPS.
Exxon Mobil Corporation is an energy company. The Company is engaged in the exploration and production of crude oil and natural gas. The Company is involved in the manufacturing of petroleum products and transportation and sale of crude oil natural gas and petroleum products. The Company also manufactures and markets petrochemicals including olefins aromatics polyethylene and polypropylene plastics and a variety of specialty products. The Companys projects include the Kearl project Heidelberg project the Point Thomson project the Hadrian South project the Lucius project the Chirag Oil project the Tapis Enhanced Oil Recovery project the Damar project and the Barzan project among others. The Company is conducting its operations and projects in the United States Asia Africa Canada/South America Europe and Australia/Oceania.