Exxon Mobil Corp (XOM) Shareholder Conning INC Increased Stake by $13.76 Million

June 26, 2018 - By Daniel Cummings

Exxon Mobil Corporation (NYSE:XOM) Corporate LogoDuring Q1 2018 the big money sentiment decreased to 0.81. That’s change of 0.03, from 2017Q4’s 0.84. 52 investors sold all, 836 reduced holdings as XOM ratio dived. 596 rose stakes while 121 funds took stakes. Funds hold 2.15 billion shares thus 0.92% less from 2017Q4’s 2.17 billion shares. Rothschild Investment Il accumulated 0.5% or 52,686 shs. Caprock Group Incorporated Inc holds 28,024 shs or 0.45% of its capital. Veritas Inv Mngmt Ltd Liability Partnership reported 0.03% stake. Exxonmobil Mgmt Tx, a Texas-based fund reported 648,682 shs. Berson Corrado Invest Advsrs Ltd accumulated 2,820 shs or 0.13% of the stock. Bryn Mawr Tru owns 352,763 shs or 1.51% of their US capital. Goodman Fincl Corporation owns 20,336 shs. Dana Inc holds 1.03% of its capital in Exxon Mobil Corporation (NYSE:XOM) for 307,272 shs. Signaturefd Ltd Liability Corporation owns 45,352 shs. Mitchell Mcleod Pugh & Williams Inc holds 1.73% or 32,349 shs. Employees Retirement Association Of Colorado holds 0.37% of its capital in Exxon Mobil Corporation (NYSE:XOM) for 754,267 shs. Advisory Service Net Limited Liability owns 137,618 shs or 0.82% of their US capital. Smithbridge Asset Inc De holds 1.82% of its capital in Exxon Mobil Corporation (NYSE:XOM) for 36,863 shs. Pillar Pacific Cap Mngmt Limited Liability Corp has 0.62% invested in Exxon Mobil Corporation (NYSE:XOM). Cornercap Invest Counsel has invested 0.95% in Exxon Mobil Corporation (NYSE:XOM).

The holdings In Exxon Mobil Corp (XOM) was upped held by Conning Inc. According to 2018Q1 Securities and Exchange filling the decrease is 39.55%. The company’s stock sank 0.16% while Conning Inc bought 185,947 shares. At the end of 2018Q1, the 656,094 shares of the integrated oil company held by the institutional investor were priced at $48.70M, up from 470,147 at the end of the previous reported quarter. $341.33B is Exxon Mobil Corp’s MC. Ticker’s shares touched $80.62 during the last trading session after 1.10% change.Currently Exxon Mobil Corporation is downtrending after 3.72% change in last June 26, 2017. XOM has 4.72M shares volume. XOM underperformed the S&P500 by 16.29%.

Conning Inc operates about $80.03B and $3.11 billion US Long portfolio. According to a filing the fund decreased its stake in General Mls Inc (NYSE:GIS) by 468,950 shares to 158,603 shares, valued at $7.15 million in 2018Q1. Conning Inc has cut its stake in Paychex Inc (NASDAQ:PAYX) and also reduced its holding in Ishares Tr (SHYG) by 107,181 shares in the quarter, for a total of 210,194 shares.

For more Exxon Mobil Corporation (NYSE:XOM) news posted recently go to: Fool.com, Seekingalpha.com, Bizjournals.com, Seekingalpha.com or 247Wallst.com. The titles are as follows: “Better Buy: ConocoPhillips vs. ExxonMobil Corporation” posted on June 22, 2018, “Exxon Mobil Is Returning To Its Roots” on June 18, 2018, “Kinder Morgan, EagleClaw, Apache plan $2B Permian-to-Gulf Coast pipeline” with a publish date: June 26, 2018, “ExxonMobil: Strong Buy?” and the last “Why Top Oil Stocks Could Be the Best Second-Half 2018 Trades” with publication date: June 26, 2018.

Exxon Mobil Corporation (NYSE:XOM) Ratings Coverage

Total analysts of 13 have positions in Exxon Mobil (NYSE:XOM) as follows: 4 rated it a “Buy”, 2 with “Sell” and 7 with “Hold”. The positive are 31%. The firm has $100.0 highest while $79 is the lowest target price. The average target $87.20 is 8.16% above the last ($80.62) price. Since January 10, 2018 according to StockzIntelligence Inc Exxon Mobil has 18 analyst reports. On Wednesday, January 24 the firm has “Underweight” rating given by Morgan Stanley. On Monday, April 30 the rating was maintained by Credit Suisse with “Neutral”. On Thursday, March 8 the stock of Exxon Mobil Corporation (NYSE:XOM) earned “Buy” rating by Bank of America. On Monday, February 5 the rating was maintained by Credit Suisse with “Neutral”. On Wednesday, January 10 the rating was maintained by BMO Capital Markets with “Hold”. On Sunday, April 22 the firm has “Hold” rating by Piper Jaffray given. On Thursday, April 19 the firm earned “Hold” rating by Jefferies. On Tuesday, January 23 the firm earned “Hold” rating by Piper Jaffray. In Tuesday, February 6 report Barclays Capital downgraded the stock to “Underweight” rating. On Monday, February 5 the stock of Exxon Mobil Corporation (NYSE:XOM) earned “Hold” rating by Jefferies.

Exxon Mobil Corporation (NYSE:XOM) Institutional Investors Chart

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