Exxon Mobil Com (XOM) Holder American National Bank Has Boosted Position; As Burlington Stores (BURL) Shares Rose, Shareholder Penn Capital Management Co Has Upped Holding

February 22, 2018 - By Adrian Erickson

American National Bank increased its stake in Exxon Mobil Corp Com (XOM) by 16.06% based on its latest 2017Q3 regulatory filing with the SEC. American National Bank bought 16,796 shares as the company’s stock rose 0.21% with the market. The institutional investor held 121,396 shares of the integrated oil company at the end of 2017Q3, valued at $9.95 million, up from 104,600 at the end of the previous reported quarter. American National Bank who had been investing in Exxon Mobil Corp Com for a number of months, seems to be bullish on the $321.74B market cap company. The stock increased 1.35% or $1.01 during the last trading session, reaching $75.9. About 9.58M shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since February 22, 2017 and is downtrending. It has underperformed by 25.78% the S&P500.

Scott A. Bedford increased its stake in Burlington Stores Inc (BURL) by 209.88% based on its latest 2017Q3 regulatory filing with the SEC. Penn Capital Management Co Inc bought 33,231 shares as the company’s stock rose 10.27% with the market. The hedge fund run by Scott A. Bedford held 49,064 shares of the consumer services company at the end of 2017Q3, valued at $4.81 million, up from 15,833 at the end of the previous reported quarter. Penn Capital Management Co Inc who had been investing in Burlington Stores Inc for a number of months, seems to be bullish on the $8.48B market cap company. The stock increased 2.74% or $3.32 during the last trading session, reaching $124.3. About 511,843 shares traded. Burlington Stores, Inc. (NYSE:BURL) has risen 77.68% since February 22, 2017 and is uptrending. It has outperformed by 60.98% the S&P500.

American National Bank, which manages about $334.03 million US Long portfolio, decreased its stake in General Elec Co Com (NYSE:GE) by 120,627 shares to 42,306 shares, valued at $1.02 million in 2017Q3, according to the filing. It also reduced its holding in Norfolk Southern Corp Com (NYSE:NSC) by 2,291 shares in the quarter, leaving it with 4,158 shares, and cut its stake in Microsoft Corp Com (NASDAQ:MSFT).

Since September 18, 2017, it had 0 insider purchases, and 5 sales for $5.23 million activity. Milton Bryan W sold $606,082 worth of Exxon Mobil Corporation (NYSE:XOM) on Tuesday, December 12. The insider Chapman Neil A sold 12,000 shares worth $996,628. Franklin Robert Stuart had sold 22,656 shares worth $1.81M. Wascom Dennis G had sold 2,412 shares worth $200,293 on Friday, December 15.

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. HSBC maintained it with “Hold” rating and $85 target in Wednesday, March 8 report. The company was maintained on Tuesday, August 29 by Jefferies. The company was downgraded on Wednesday, August 12 by Vetr. The company was maintained on Tuesday, November 21 by Piper Jaffray. The firm earned “Hold” rating on Thursday, October 19 by Jefferies. Barclays Capital upgraded the shares of XOM in report on Tuesday, July 11 to “Overweight” rating. The rating was maintained by Piper Jaffray with “Hold” on Thursday, August 17. BMO Capital Markets initiated the shares of XOM in report on Friday, December 2 with “Market Perform” rating. On Thursday, September 3 the stock rating was maintained by Barclays Capital with “Underweight”. The firm earned “Neutral” rating on Monday, May 2 by UBS.

Investors sentiment is 0.85 in 2017 Q3. 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. 488,135 were reported by Clifford Swan Inv Counsel Lc. Waters Parkerson Communications Ltd Liability holds 3.1% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 428,183 shares. Cornercap Counsel has invested 1.03% in Exxon Mobil Corporation (NYSE:XOM). Pitcairn holds 26,392 shares. Univest Of Pennsylvania has invested 0.75% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Balasa Dinverno Foltz Ltd Liability Co accumulated 22,084 shares. Lombard Odier Asset Mgmt (Switzerland) Sa stated it has 15,764 shares. Financial Advisory Serv reported 0.53% stake. Legacy Private Trust Company has invested 0.2% in Exxon Mobil Corporation (NYSE:XOM). Autus Asset Ltd Co stated it has 0.47% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Cooke & Bieler Limited Partnership holds 2.02% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 1.33M shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh has 0.9% invested in Exxon Mobil Corporation (NYSE:XOM). The New Jersey-based Tsp Cap Management Group Ltd has invested 0.71% in Exxon Mobil Corporation (NYSE:XOM). Salem Invest Counselors holds 1.15% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 120,484 shares. Moreover, Asset Mgmt Advsr Ltd Llc has 0.19% invested in Exxon Mobil Corporation (NYSE:XOM) for 2,523 shares.

Among 20 analysts covering Burlington Stores (NYSE:BURL), 17 have Buy rating, 0 Sell and 3 Hold. Therefore 85% are positive. Burlington Stores had 51 analyst reports since October 7, 2015 according to SRatingsIntel. The stock of Burlington Stores, Inc. (NYSE:BURL) earned “Buy” rating by Buckingham Research on Friday, August 26. The firm has “Outperform” rating given on Friday, March 3 by RBC Capital Markets. The firm has “Outperform” rating given on Thursday, July 21 by RBC Capital Markets. The firm has “Outperform” rating by RBC Capital Markets given on Friday, November 6. Cowen & Co maintained the shares of BURL in report on Tuesday, May 30 with “Buy” rating. The stock of Burlington Stores, Inc. (NYSE:BURL) earned “Buy” rating by Cowen & Co on Thursday, July 13. As per Friday, August 26, the company rating was upgraded by M Partners. The rating was maintained by Telsey Advisory Group with “Market Perform” on Wednesday, November 23. The rating was initiated by BB&T Capital on Thursday, December 17 with “Hold”. The rating was maintained by Citigroup with “Neutral” on Friday, May 27.

Investors sentiment increased to 0.85 in 2017 Q3. Its up 0.02, from 0.83 in 2017Q2. It improved, as 44 investors sold BURL shares while 108 reduced holdings. 47 funds opened positions while 82 raised stakes. 67.97 million shares or 3.19% less from 70.21 million shares in 2017Q2 were reported. Night Owl Capital Mgmt Llc holds 3.23% in Burlington Stores, Inc. (NYSE:BURL) or 70,071 shares. State Board Of Administration Of Florida Retirement Sys stated it has 85,003 shares. Penn Cap Management accumulated 49,064 shares or 0.35% of the stock. Aperio Gp Limited Co reported 0.01% stake. 155,285 were reported by Bnp Paribas Arbitrage. Palisade Mgmt Limited Liability Nj owns 113,474 shares or 0.39% of their US portfolio. Raymond James And Associates owns 83,629 shares. Frontier Limited Liability Com has invested 0% of its portfolio in Burlington Stores, Inc. (NYSE:BURL). Fincl Bank Of Montreal Can holds 0.01% of its portfolio in Burlington Stores, Inc. (NYSE:BURL) for 121,782 shares. Oak Ridge Ltd Llc holds 1.75% or 451,398 shares in its portfolio. Eaton Vance Mgmt holds 0.04% or 177,240 shares. State Treasurer State Of Michigan holds 0.01% or 12,000 shares. Nationwide Fund Advsr reported 168,460 shares. Northern Trust Corporation stated it has 0.01% of its portfolio in Burlington Stores, Inc. (NYSE:BURL). Jpmorgan Chase & stated it has 0.02% of its portfolio in Burlington Stores, Inc. (NYSE:BURL).

Penn Capital Management Co Inc, which manages about $7.64B and $1.37 billion US Long portfolio, decreased its stake in Webster Finl Corp Conn (NYSE:WBS) by 34,088 shares to 370,830 shares, valued at $19.63M in 2017Q3, according to the filing. It also reduced its holding in Godaddy Inc by 22,239 shares in the quarter, leaving it with 124,279 shares, and cut its stake in Jones Energy Inc (NYSE:JONE).

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Posts

>