Exxon Mobil Corp (XOM) Holder Qs Investors LLC Upped Position by $14.50 Million

June 14, 2018 - By Dolores Ford

Exxon Mobil Corporation (NYSE:XOM) LogoInvestors sentiment decreased to 0.81 in Q1 2018. Its down 0.03, from 0.84 in 2017Q4. It worsened, as 52 investors sold XOM shares while 836 reduced holdings. 121 funds opened positions while 596 raised stakes. 2.15 billion shares or 0.92% less from 2.17 billion shares in 2017Q4 were reported. The Virginia-based Edgar Lomax Va has invested 2.99% in Exxon Mobil Corporation (NYSE:XOM). Premier Asset Management Llc holds 0.47% in Exxon Mobil Corporation (NYSE:XOM) or 28,421 shares. Moreover, Spirit Of America Mgmt has 1% invested in Exxon Mobil Corporation (NYSE:XOM) for 101,765 shares. White Pine Investment holds 0.48% or 13,247 shares. Moreover, Exxonmobil Investment Mngmt Incorporated Tx has 1.4% invested in Exxon Mobil Corporation (NYSE:XOM). Tci Wealth holds 2.81% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 81,320 shares. Garland Capital Mngmt Inc accumulated 2.62% or 50,442 shares. Clarivest Asset Mgmt Limited Liability holds 0% or 2,376 shares. Spears Abacus Lc reported 23,341 shares. Thrivent Finance For Lutherans invested in 741,483 shares or 0.19% of the stock. Blue Edge Capital Ltd reported 0% stake. Employees Retirement System Of Texas holds 0.31% or 307,000 shares in its portfolio. Moreover, Intact Investment Mgmt Inc has 0.13% invested in Exxon Mobil Corporation (NYSE:XOM). 35 are held by Tortoise Capital Advsr Limited. 56,371 were reported by Segment Wealth Mngmt Ltd Liability Co.

Qs Investors Llc increased its stake in Exxon Mobil Corp (XOM) by 30.91% based on its latest 2018Q1 regulatory filing with the SEC. Qs Investors Llc bought 195,939 shares as the company’s stock declined 0.16% with the market. The institutional investor held 829,853 shares of the integrated oil company at the end of 2018Q1, valued at $61.92M, up from 633,914 at the end of the previous reported quarter. Qs Investors Llc who had been investing in Exxon Mobil Corp for a number of months, seems to be bullish on the $347.11 billion market cap company. The stock increased 0.58% or $0.475 during the last trading session, reaching $81.985. About 5.74M shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 3.72% since June 14, 2017 and is downtrending. It has underperformed by 16.29% the S&P500.

Qs Investors Llc, which manages about $4.98B and $9.75B US Long portfolio, decreased its stake in Vanguard Index Fds (VBK) by 156,026 shares to 195,366 shares, valued at $32.03M in 2018Q1, according to the filing. It also reduced its holding in Target Corp (NYSE:TGT) by 49,070 shares in the quarter, leaving it with 77,796 shares, and cut its stake in Vanguard Intl Equity Index F (VEU).

More notable recent Exxon Mobil Corporation (NYSE:XOM) news were published by: Seekingalpha.com which released: “Exxon Mobil Becomes A Political Battleground” on May 25, 2018, also Seekingalpha.com with their article: “Exxon Mobil: Destined To Underperform?” published on May 22, 2018, Seekingalpha.com published: “Oil majors ask judge to reject New York City climate lawsuit” on June 13, 2018. More interesting news about Exxon Mobil Corporation (NYSE:XOM) were released by: Seekingalpha.com and their article: “Exxon Mobil bulks up energy trading” published on June 12, 2018 as well as Seekingalpha.com‘s news article titled: “Many Large US Firms Sell, Hire And Invest More Overseas Than In US And They Have To Think Globally, Not …” with publication date: June 14, 2018.

Exxon Mobil Corporation (NYSE:XOM) Ratings Coverage

Among 13 analysts covering Exxon Mobil (NYSE:XOM), 4 have Buy rating, 2 Sell and 7 Hold. Therefore 31% are positive. Exxon Mobil had 19 analyst reports since December 20, 2017 according to SRatingsIntel. Credit Suisse maintained the shares of XOM in report on Monday, April 30 with “Neutral” rating. The rating was maintained by Cowen & Co on Friday, January 19 with “Buy”. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Hold” rating given on Tuesday, January 23 by Piper Jaffray. Wells Fargo maintained it with “Market Perform” rating and $82 target in Thursday, March 8 report. The firm has “Hold” rating given on Thursday, April 19 by Jefferies. The stock has “Neutral” rating by Credit Suisse on Monday, February 5. Jefferies maintained it with “Hold” rating and $85.0 target in Wednesday, December 20 report. The rating was downgraded by Barclays Capital on Tuesday, February 6 to “Underweight”. The company was maintained on Monday, February 5 by Jefferies. The rating was maintained by Morgan Stanley with “Underweight” on Wednesday, January 24.

Exxon Mobil Corporation (NYSE:XOM) Institutional Positions Chart

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