Bowen Hanes & Co Has Decreased Exxon Mobil (XOM) Holding By $19.12 Million; Idearc (SPMD) Has 0.67 Sentiment

February 25, 2018 - By Lawrence Diaz

The ETF increased 1.21% or $0.4 during the last trading session, reaching $33.56. About 185,370 shares traded. SPDR Portfolio Mid Cap ETF (SPMD) has 0.00% since February 25, 2017 and is . It has underperformed by 16.70% the S&P500.

Bowen Hanes & Co Inc decreased Exxon Mobil (XOM) stake by 72.83% reported in 2017Q3 SEC filing. Bowen Hanes & Co Inc sold 236,046 shares as Exxon Mobil (XOM)’s stock rose 0.21%. The Bowen Hanes & Co Inc holds 88,051 shares with $7.22 million value, down from 324,097 last quarter. Exxon Mobil now has $328.65 billion valuation. The stock increased 2.20% or $1.67 during the last trading session, reaching $77.53. About 13.38M shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since February 25, 2017 and is downtrending. It has underperformed by 25.78% the S&P500.

Analysts await Exxon Mobil Corporation (NYSE:XOM) to report earnings on April, 27. They expect $1.21 EPS, up 27.37% or $0.26 from last year’s $0.95 per share. XOM’s profit will be $5.13 billion for 16.02 P/E if the $1.21 EPS becomes a reality. After $0.88 actual EPS reported by Exxon Mobil Corporation for the previous quarter, Wall Street now forecasts 37.50% EPS growth.

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. Financial Counselors stated it has 247,020 shares or 0.99% of all its holdings. Pioneer Tru Savings Bank N A Or holds 66,716 shares. Private Trust Company Na has invested 1.71% in Exxon Mobil Corporation (NYSE:XOM). Silvercrest Asset Group Incorporated Ltd stated it has 0.65% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Stifel Financial Corporation has 3.77 million shares. Bkd Wealth Advsrs Limited Liability Corp holds 0.29% or 31,770 shares in its portfolio. Bragg Advsr holds 1.17% in Exxon Mobil Corporation (NYSE:XOM) or 93,008 shares. 5,109 were accumulated by Quadrant Cap Management Ltd. Cap Services Of America Inc owns 3,961 shares or 0.05% of their US portfolio. Oak Ridge Invs Ltd Liability Corporation reported 0.02% in Exxon Mobil Corporation (NYSE:XOM). 74,843 were accumulated by Rodgers Brothers. E&G LP reported 13,941 shares. Da Davidson And has 1.04% invested in Exxon Mobil Corporation (NYSE:XOM). Cooke And Bieler Limited Partnership accumulated 1.33M shares. 19,423 were accumulated by Alesco Advisors Ltd Limited Liability Company.

Bowen Hanes & Co Inc increased Fedex Corporation (NYSE:FDX) stake by 1,680 shares to 147,036 valued at $33.17 million in 2017Q3. It also upped American Express (NYSE:AXP) stake by 39,870 shares and now owns 315,295 shares. Texas Instruments (NASDAQ:TXN) was raised too.

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. Argus Research upgraded it to “Buy” rating and $104 target in Wednesday, May 18 report. UBS downgraded the shares of XOM in report on Thursday, January 19 to “Sell” rating. Piper Jaffray maintained the shares of XOM in report on Tuesday, January 23 with “Hold” rating. The rating was maintained by Morgan Stanley on Wednesday, October 18 with “Underperform”. Piper Jaffray maintained the stock with “Hold” rating in Tuesday, November 21 report. The rating was maintained by Barclays Capital on Tuesday, October 10 with “Overweight”. The rating was maintained by Morgan Stanley with “Underweight” on Wednesday, January 24. The company was maintained on Thursday, September 3 by Barclays Capital. The rating was maintained by Piper Jaffray on Thursday, August 24 with “Hold”. Barclays Capital maintained Exxon Mobil Corporation (NYSE:XOM) rating on Tuesday, January 12. Barclays Capital has “Equal Weight” rating and $80.0 target.

Since September 18, 2017, it had 0 buys, and 5 sales for $5.23 million activity. Shares for $996,628 were sold by Chapman Neil A. The insider Corson Bradley W sold 19,500 shares worth $1.62 million. Shares for $200,293 were sold by Wascom Dennis G. Shares for $606,082 were sold by Milton Bryan W. Franklin Robert Stuart sold $1.81 million worth of stock or 22,656 shares.

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