(XOM) Earns "Neutral" Rating from HSBC Holdings plc

Gladys Abbott
May 20, 2017

More interesting news about Exxon Mobil Corporation (NYSE:XOM) were released by: Fool.com and their article: "3 Biggest Challenges Facing Dividend Giant ExxonMobil Corporation" published on May 04, 2017 as well as Seekingalpha.com's news article titled: "Exxon Mobil: Lagging The Market, Outperforming The Competition" with publication date: May 08, 2017. The Stock opened today's session at $81.77 and now the price is hovering at $81.74 by showing decrease of -0.3 percent. Exxon Mobil Corporation P/E (price to earnings) ratio is 34.26 and Forward P/E ratio of 17.56.

Exxon Mobil Corporation (NYSE:XOM) shares traded +0.13% during the most recent session. On April 28, the company reported 1Q17 adjusted net earnings of $4.010 billion or $0.95 per diluted share, up from $1.810 billion or $0.43 per share in 1Q16. The company was maintained on Monday, May 2 by UBS. The company has market cap of $277.59 million. The difference between the expected and actual EPS was $0.1/share, which represents an Earnings surprise of 11.8%. (NASDAQ:ELGX). Integral Derivatives Limited Liability reported 14,839 shares stake. Mraz Amerine & stated it has 0.15% in Exxon Mobil Corporation (NYSE:XOM). It is now trading 10.44% off that level. The company's stock has a normal trading capacity of 11.92M shares while the relative volume is 0.91. The stock carved out a 52-week low down at $79.55. Schaller Inv Gp holds 0.24% in Exxon Mobil Corporation (NYSE:XOM) or 5,009 shares. Ltd. now owns 7,221,961 shares of the oil and gas company's stock worth $651,912,000 after buying an additional 6,440,709 shares during the last quarter. The stock's current trading price is $967.23 by scoring 0.91%. That suggests something of the likelihood of a short squeeze in shares of XOM. Kahn Brothers Gru De reported 0% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). It turned negative, as 6 investors sold Gladstone Investment Corporation shares while 19 reduced holdings. The rating was maintained by Jefferies with "Neutral" on Friday, April 7. Bank of America downgraded the stock to "Neutral" rating in Thursday, June 2 report. Texas Yale Corp stated it has 0.51% of its portfolio in Exxon Mobil Corporation (NYSE:XOM).

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Heritage Investors Management Corp increased Shire Plc (NASDAQ:SHPG) stake by 4,781 shares to 19,498 valued at $3.32M in 2016Q4. Marathon Cap Management owns 8,178 shares or 0.35% of their United States portfolio. Mesirow Fin Mngmt invested in 9,003 shares. Shaker Financial Services Llc owns 132,967 shares or 0.37% of their USA portfolio. 7,000 shares valued at $616,000 were sold by Wascom Dennis G on Wednesday, December 7. Paloma Prns Management accumulated 33,754 shares or 0.02% of the stock. XOM's profit will be $3.97B for 21.81 P/E if the $0.94 EPS becomes a reality. 18 funds opened positions while 26 raised stakes. Ltd. boosted its position in Exxon Mobil by 13.5% in the first quarter. During the same quarter in the previous year, the firm earned $0.43 earnings per share. Maxim Group assumed coverage on shares of Exxon Mobil in a research report on Thursday, May 11th. Macquarie Research initiated the shares of XOM in report on Wednesday, September 23 with "Underperform" rating. Carroll Associate has 2.61% invested in Exxon Mobil Corporation (NYSE:XOM). The company was upgraded on Thursday, March 2 by Credit Suisse. The insider Schleckser Robert N sold 5,685 shares worth $496,990. Nottingham Advsrs Inc invested in 0.09% or 5,896 shares. Rbs Partners Lp has invested 36.76% in AutoNation, Inc. Miracle Mile Advsr Lc has 6,890 shares. Looking at this figure it suggests that the shares of Exxon Mobil Corporation (XOM) may be overvalued, however, this can also depend upon the situation of the market; if the market is strong then it could suggest that Exxon Mobil Corporation (XOM) is a good investment, however if the market is weaker then it could suggest that the shares are undervalued.

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