Kahn Brothers Group Has Trimmed Seaboard (SEB) Holding By $1.75 Billion; Srb Boosted By $25.58 Million Its Exxon Mobil (XOM) Position

February 11, 2018 - By mmahotstuff

Srb Corp increased Exxon Mobil Corp (XOM) stake by 34.18% reported in 2017Q3 SEC filing. Srb Corp acquired 315,833 shares as Exxon Mobil Corp (XOM)’s stock rose 0.21%. The Srb Corp holds 1.24M shares with $101.65 million value, up from 924,144 last quarter. Exxon Mobil Corp now has $321.09 billion valuation. The stock increased 0.64% or $0.48 during the last trading session, reaching $75.78. About 29.49M shares traded or 134.43% up from the average. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since February 11, 2017 and is downtrending. It has underperformed by 25.78% the S&P500.

Kahn Brothers Group Inc decreased Seaboard Corp (SEB) stake by 4.69% reported in 2017Q3 SEC filing. Kahn Brothers Group Inc sold 388 shares as Seaboard Corp (SEB)’s stock declined 1.07%. The Kahn Brothers Group Inc holds 7,889 shares with $35.54B value, down from 8,277 last quarter. Seaboard Corp now has $4.72 billion valuation. The stock decreased 4.16% or $175 during the last trading session, reaching $4030. About 545 shares traded or 99.63% up from the average. Seaboard Corporation (NYSEMKT:SEB) has risen 36.88% since February 11, 2017 and is uptrending. It has outperformed by 20.18% the S&P500.

Investors sentiment is 0.85 in Q3 2017. Its the same as in 2017Q2. It is flat, as 57 investors sold XOM shares while 806 reduced holdings. only 114 funds opened positions while 621 raised stakes. 2.13 billion shares or 0.48% more from 2.12 billion shares in 2017Q2 were reported. Lvm Mngmt Limited Mi stated it has 2.01% in Exxon Mobil Corporation (NYSE:XOM). Bokf Na invested in 2.32 million shares. Lingohr And Partner Asset Mngmt Gmbh holds 0.22% or 5,200 shares. L And S Advsrs Inc reported 0.88% stake. Fcm Invs Tx, Texas-based fund reported 800 shares. Albion Financial Ut invested 0.34% in Exxon Mobil Corporation (NYSE:XOM). Motley Fool Wealth Limited Liability Company holds 0.06% or 7,908 shares in its portfolio. Academy Capital Mngmt Tx, Texas-based fund reported 13,097 shares. Alesco Advsrs Lc reported 19,423 shares. Sather Fincl Grp has invested 1.17% in Exxon Mobil Corporation (NYSE:XOM). Nuveen Asset Limited Liability holds 0.23% in Exxon Mobil Corporation (NYSE:XOM) or 430,633 shares. Spectrum Asset Incorporated (Nb Ca) holds 0.53% or 7,512 shares in its portfolio. Comml Bank owns 1.59% invested in Exxon Mobil Corporation (NYSE:XOM) for 174,686 shares. Cadence Bancorp Na owns 325,798 shares for 10.11% of their portfolio. Wunderlich Cap Managemnt has invested 0.96% in Exxon Mobil Corporation (NYSE:XOM).

Among 26 analysts covering Exxon Mobil (NYSE:XOM), 9 have Buy rating, 7 Sell and 10 Hold. Therefore 35% are positive. Exxon Mobil had 88 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was upgraded by Barclays Capital to “Equal-Weight” on Monday, October 12. Piper Jaffray maintained the shares of XOM in report on Thursday, October 5 with “Hold” rating. Jefferies maintained Exxon Mobil Corporation (NYSE:XOM) rating on Friday, June 23. Jefferies has “Hold” rating and $8600 target. Raymond James downgraded Exxon Mobil Corporation (NYSE:XOM) on Wednesday, November 18 to “Underperform” rating. The stock has “Hold” rating by Jefferies on Wednesday, December 20. Barclays Capital maintained the shares of XOM in report on Tuesday, January 12 with “Equal Weight” rating. On Wednesday, July 22 the stock rating was upgraded by Goldman Sachs to “Conviction Buy”. Deutsche Bank maintained it with “Hold” rating and $82 target in Tuesday, March 29 report. As per Thursday, August 17, the company rating was maintained by Piper Jaffray. HSBC maintained Exxon Mobil Corporation (NYSE:XOM) on Wednesday, March 8 with “Hold” rating.

Since September 18, 2017, it had 0 insider purchases, and 5 selling transactions for $5.23 million activity. Another trade for 22,656 shares valued at $1.81 million was sold by Franklin Robert Stuart. Corson Bradley W had sold 19,500 shares worth $1.62 million. 12,000 shares were sold by Chapman Neil A, worth $996,628 on Thursday, December 14. Shares for $200,293 were sold by Wascom Dennis G on Friday, December 15. On Tuesday, December 12 the insider Milton Bryan W sold $606,082.

Kahn Brothers Group Inc increased Voxx International (NASDAQ:VOXX) stake by 1.34 million shares to 3.65 million valued at $31.22B in 2017Q3. It also upped Patterson Energy (NASDAQ:PTEN) stake by 363,985 shares and now owns 1.29M shares. Genie Energy was raised too.

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