Exxon Mobil Corp (XOM) Shareholder Sumitomo Mitsui Trust Holdings INC Increased Stake by $15.33 Million as Shares Declined

April 17, 2018 - By Richard Doty

Exxon Mobil Corporation (NYSE:XOM) Corporate LogoBig Money Sentiment decreased to 0.84 in 2017 Q4. It has change of 0.01, from 2017Q3’s 0.85. The ratio fall due to XOM positioning: 48 sold and 819 reduced. 123 funds amassed stakes and 603 increased stakes. Investors holded 2.13 billion in 2017Q3 but now own 2.17 billion shares or 1.92% more. Weybosset Limited Liability holds 1.39% or 27,413 shs. Appleton Prtnrs Ma invested 0.87% in Exxon Mobil Corporation (NYSE:XOM). Livforsakringsbolaget Skandia Omsesidigt owns 1.17% invested in Exxon Mobil Corporation (NYSE:XOM) for 146,294 shs. Bonness Enterprises Inc has invested 1.2% in Exxon Mobil Corporation (NYSE:XOM). Srb Corp invested in 1.24 million shs or 13.32% of the stock. Pineno Levin Ford Asset Management stated it has 1.73% in Exxon Mobil Corporation (NYSE:XOM). Forte Ltd Adv accumulated 0.58% or 23,417 shs. Kcm Invest Advsr holds 111,422 shs or 0.54% of its capital. Timber Hill Ltd Liability Co invested in 118,263 shs or 0.64% of the stock. Invest Mngmt Of Virginia Limited Liability Corp owns 59,329 shs for 1.18% of their capital. Cornerstone stated it has 0.32% in Exxon Mobil Corporation (NYSE:XOM). Miles Incorporated has invested 0.71% in Exxon Mobil Corporation (NYSE:XOM). Caisse De Depot Et Placement Du Quebec has 9.97M shs for 1.93% of their capital. Afam owns 64,162 shs or 0.59% of their US capital. Mount Vernon Associates Md has invested 1.02% in Exxon Mobil Corporation (NYSE:XOM).

XOM registered $3.42 million net activity with 0 insider purchases and 4 insider sales since December 11, 2017. On Tuesday, December 12 Milton Bryan W sold $606,082 worth of Exxon Mobil Corporation (NYSE:XOM) or 7,281 shs. On Monday, December 11 $1.62M worth of Exxon Mobil Corporation (NYSE:XOM) was sold by Corson Bradley W. Chapman Neil A also sold $996,628 worth of Exxon Mobil Corporation (NYSE:XOM) shs.

In 2017Q4 SEC filling is reported Sumitomo Mitsui Trust Holdings Inc’s stake in Exxon Mobil Corp (XOM) which was upped by 1.5%. The company’s stock sank 12.23% while Sumitomo Mitsui Trust Holdings Inc bought 184,735 shares. The institutional investor is holding 12.52 million shares, compared to the 12.33 million from the previous quarter. And the announced value of the integrated oil company is $1.05 billion for the 2017Q4. $332.68B is the market cap of Exxon Mobil Corp. The stock increased 0.90% or $0.7 during the last trading session, reaching $78.54.Currently Exxon Mobil Corporation is downtrending after 9.29% change in last April 17, 2017. XOM has 10.74M shares volume. The stock underperformed the S&P 500 by 20.84%.

Sumitomo Mitsui Trust Holdings Inc operates about $77.47B US Long portfolio. Its stake in Ulta Beauty Inc (NASDAQ:ULTA) was reduced by 24,672 shares to 173,646 shares valued at $38.84M in 2017Q4, according to the filing. Sumitomo Mitsui Trust Holdings Inc has cut its stake in Best Buy Co Inc (NYSE:BBY) and also reduced its holding in Regions Financial Corp (NYSE:RF) by 176,797 shares in the quarter, for a total of 3.99 million shares.

Exxon Mobil Corporation (NYSE:XOM) Ratings Coverage

Total analysts of 11 have positions in Exxon Mobil (NYSE:XOM) as follows: 4 rated it a “Buy”, 2 with “Sell” and 5 with “Hold”. The positive are 36%. Since October 18, 2017 according to StockzIntelligence Inc Exxon Mobil has 21 analyst reports. The company rating was maintained by Jefferies on Thursday, October 19. On Wednesday, January 24 the firm earned “Underweight” rating by Morgan Stanley. On Monday, February 5 the rating was maintained by Credit Suisse with “Neutral”. On Friday, January 19 Cowen & Co maintained Exxon Mobil Corporation (NYSE:XOM) with “Buy” rating. On Tuesday, November 7 the firm has “Reduce” rating given by HSBC. On Thursday, March 8 the firm has “Buy” rating given by Bank of America. On Wednesday, January 10 the stock of Exxon Mobil Corporation (NYSE:XOM) earned “Hold” rating by BMO Capital Markets. On Wednesday, October 18 the rating was maintained by BMO Capital Markets with “Hold”. On Thursday, March 15 HSBC upgraded the shares of XOM in report to “Buy” rating. On Tuesday, October 24 Cowen & Co maintained the shares of XOM in report with “Buy” rating.

Exxon Mobil Corporation (NYSE:XOM) Institutional Investors Chart

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