Whittier Trust Co Upped Its Exxon Mobil Corp Com (XOM) Position by $28.77 Million

September 16, 2018 - By Kristin Houston

Exxon Mobil Corporation (NYSE:XOM) LogoInvestors sentiment increased to 0.93 in 2018 Q2. Its up 0.12, from 0.81 in 2018Q1. It is positive, as 42 investors sold XOM shares while 768 reduced holdings. 118 funds opened positions while 634 raised stakes. 2.16 billion shares or 0.62% more from 2.15 billion shares in 2018Q1 were reported. 81,925 were reported by Aureus Asset Mngmt Ltd Co. Boston Private Wealth Ltd Liability Corporation invested in 0.86% or 272,534 shares. Bridgeway Capital Management holds 0.14% or 171,937 shares. Fulton State Bank Na, Pennsylvania-based fund reported 113,873 shares. First Bancorporation Of Mount Dora Inv invested in 52,331 shares or 1.94% of the stock. Dorsey Whitney Co Limited Com owns 1.25% invested in Exxon Mobil Corporation (NYSE:XOM) for 87,108 shares. Davy Asset Management owns 111,094 shares. Moreover, Tiedemann Lc has 2.14% invested in Exxon Mobil Corporation (NYSE:XOM) for 405,115 shares. Nbt Natl Bank N A accumulated 195,833 shares or 2.9% of the stock. Partnervest Advisory Svcs Llc accumulated 0.55% or 14,378 shares. S&T Bank Pa accumulated 128,672 shares. Principal Grp has invested 0.61% in Exxon Mobil Corporation (NYSE:XOM). Sumitomo Mitsui Tru Inc invested in 13.74 million shares or 1.32% of the stock. Commerce State Bank has invested 1.59% in Exxon Mobil Corporation (NYSE:XOM). Alps Advsr holds 591,509 shares.

Whittier Trust Co increased its stake in Exxon Mobil Corp Com (XOM) by 106.9% based on its latest 2018Q2 regulatory filing with the SEC. Whittier Trust Co bought 287,717 shares as the company’s stock rose 1.99% with the market. The institutional investor held 556,873 shares of the integrated oil company at the end of 2018Q2, valued at $56.07M, up from 269,156 at the end of the previous reported quarter. Whittier Trust Co who had been investing in Exxon Mobil Corp Com for a number of months, seems to be bullish on the $351.07 billion market cap company. The stock increased 0.73% or $0.6 during the last trading session, reaching $82.92. About 9.44 million shares traded. Exxon Mobil Corporation (NYSE:XOM) has risen 4.57% since September 16, 2017 and is uptrending. It has underperformed by 11.05% the S&P500.

Whittier Trust Co, which manages about $2.00B US Long portfolio, decreased its stake in Vanguard Index Fds Mid Cap Etf (VO) by 38,995 shares to 6,503 shares, valued at $772,000 in 2018Q2, according to the filing. It also reduced its holding in Boeing Co Com (NYSE:BA) by 41,637 shares in the quarter, leaving it with 91,897 shares, and cut its stake in Cerner Corp Com (NASDAQ:CERN).

More notable recent Exxon Mobil Corporation (NYSE:XOM) news were published by: 247Wallst.com which released: “Exxon Adds to Offshore Guyana Discoveries” on August 30, 2018, also 247Wallst.com with their article: “4 Dividend Energy Stocks to Own as $80 Oil Could Happen This Fall” published on September 14, 2018, Seekingalpha.com published: “Exxon preparing £500M upgrade to UK’s largest oil refinery” on September 11, 2018. More interesting news about Exxon Mobil Corporation (NYSE:XOM) were released by: Seekingalpha.com and their article: “Can Exxon Mobil Retest Prior Highs?” published on September 07, 2018 as well as Seekingalpha.com‘s news article titled: “Exxon Mobil: Not Near The Ledge” with publication date: August 21, 2018.

Exxon Mobil Corporation (NYSE:XOM) Ratings Coverage

Among 9 analysts covering Exxon Mobil (NYSE:XOM), 1 have Buy rating, 1 Sell and 7 Hold. Therefore 11% are positive. Exxon Mobil has $87 highest and $79 lowest target. $83’s average target is 0.10% above currents $82.92 stock price. Exxon Mobil had 9 analyst reports since April 19, 2018 according to SRatingsIntel. The rating was maintained by Credit Suisse on Monday, April 30 with “Neutral”. The rating was maintained by Barclays Capital with “Underweight” on Wednesday, July 11. The rating was upgraded by Raymond James on Monday, April 23 to “Hold”. As per Wednesday, May 30, the company rating was upgraded by RBC Capital Markets. The rating was maintained by Wells Fargo on Tuesday, June 26 with “Market Perform”. The firm has “Hold” rating by Jefferies given on Thursday, April 19. Piper Jaffray maintained the stock with “Hold” rating in Sunday, April 22 report.

Exxon Mobil Corporation (NYSE:XOM) Institutional Positions Chart

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