Exxon Mobil (XOM) Share Price Rose While Brick & Kyle Associates Lowered Position by $302,640; Bristol (BMY) Holder Jump Trading Has Boosted Holding by $572,000 as Market Value Declined

November 15, 2017 - By Michael Collier

Brick & Kyle Associates decreased its stake in Exxon Mobil Corp (XOM) by 17.76% based on its latest 2017Q2 regulatory filing with the SEC. Brick & Kyle Associates sold 3,783 shares as the company’s stock rose 0.21% with the market. The institutional investor held 17,513 shares of the integrated oil company at the end of 2017Q2, valued at $1.41M, down from 21,296 at the end of the previous reported quarter. Brick & Kyle Associates who had been investing in Exxon Mobil Corp for a number of months, seems to be less bullish one the $346.89 billion market cap company. The stock declined 0.45% or $0.37 reaching $81.87 per share. About 470,443 shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since November 15, 2016 and is downtrending. It has underperformed by 25.78% the S&P500.




Jump Trading Llc increased its stake in Bristol (BMY) by 226.09% based on its latest 2017Q2 regulatory filing with the SEC. Jump Trading Llc bought 10,400 shares as the company’s stock declined 1.04% while stock markets rallied. The institutional investor held 15,000 shares of the major pharmaceuticals company at the end of 2017Q2, valued at $836,000, up from 4,600 at the end of the previous reported quarter. Jump Trading Llc who had been investing in Bristol for a number of months, seems to be bullish on the $99.79 billion market cap company. The stock declined 0.46% or $0.28 reaching $60.97 on the news. About 111,267 shares traded. Bristol-Myers Squibb Co (NYSE:BMY) has declined 23.19% since November 15, 2016 and is downtrending. It has underperformed by 39.89% the S&P500.

Investors sentiment decreased to 0.95 in Q2 2017. Its down 0.03, from 0.98 in 2017Q1. It fall, as 78 investors sold BMY shares while 520 reduced holdings. 120 funds opened positions while 451 raised stakes. 1.10 billion shares or 2.26% less from 1.12 billion shares in 2017Q1 were reported. Bangor Bank holds 8,423 shares. C Ww Group A S accumulated 267,012 shares. Private Bank holds 0.06% or 8,665 shares. Cornerstone Capital Mngmt Hldg Ltd Liability invested in 332,326 shares. Fayez Sarofim Com invested in 0.01% or 24,824 shares. Wetherby Asset Management holds 0.46% or 48,205 shares in its portfolio. Cornerstone Cap holds 1.29% or 121,610 shares. Halsey Associates Ct invested 0.06% of its portfolio in Bristol-Myers Squibb Co (NYSE:BMY). Putnam Investments Ltd Liability Co stated it has 0.12% in Bristol-Myers Squibb Co (NYSE:BMY). First Allied Advisory Ser Inc reported 74,138 shares stake. The Pennsylvania-based Guyasuta Inv Incorporated has invested 0.24% in Bristol-Myers Squibb Co (NYSE:BMY). Messner And Smith Theme Value Mgmt Limited Ca holds 0.5% or 5,123 shares. Westwood Hldg Incorporated has 0.03% invested in Bristol-Myers Squibb Co (NYSE:BMY). Guernsey-based Bluecrest Capital Management has invested 0.02% in Bristol-Myers Squibb Co (NYSE:BMY). Cobblestone Lc Ny invested in 0.09% or 12,395 shares.

Jump Trading Llc, which manages about $677.38 million US Long portfolio, decreased its stake in Advanced Micro Devices Inc (NASDAQ:AMD) by 40,214 shares to 386 shares, valued at $5,000 in 2017Q2, according to the filing. It also reduced its holding in Apple Inc (NASDAQ:AAPL) by 28,293 shares in the quarter, leaving it with 207 shares, and cut its stake in Ishares Russell 2000 Etf (IWM).

More notable recent Bristol-Myers Squibb Co (NYSE:BMY) news were published by: Investorplace.com which released: “Bristol-Myers Squibb Co (BMY) Ranking Raised to Buy on Superior Earnings …” on October 20, 2017, also Economictimes.Indiatimes.com with their article: “Biocon arm widens partnership terms with Bristol-Myers Squibb” published on November 14, 2017, Gurufocus.com published: “Sheaff Brock Investment Advisors, LLC Buys DowDuPont Inc, AT&T Inc, Bristol …” on November 14, 2017. More interesting news about Bristol-Myers Squibb Co (NYSE:BMY) were released by: Investorplace.com and their article: “Rating for Bristol-Myers Squibb Co (BMY) Drops….. Wilting Earnings Visibility” published on November 10, 2017 as well as Marketwatch.com‘s news article titled: “Bristol-Myers Squibb shares decline 2% on Q3 profit miss, revenue beat …” with publication date: October 26, 2017.

Among 19 analysts covering Bristol-Myers Squibb Company (NYSE:BMY), 6 have Buy rating, 3 Sell and 10 Hold. Therefore 32% are positive. Bristol-Myers Squibb Company had 67 analyst reports since July 28, 2015 according to SRatingsIntel. Guggenheim upgraded the stock to “Buy” rating in Wednesday, December 2 report. The rating was maintained by UBS on Friday, October 6 with “Buy”. Cowen & Co maintained it with “Hold” rating and $6500 target in Monday, July 10 report. The rating was downgraded by Berenberg on Thursday, August 11 to “Hold”. The stock of Bristol-Myers Squibb Co (NYSE:BMY) has “Hold” rating given on Thursday, October 19 by Cowen & Co. Cowen & Co maintained Bristol-Myers Squibb Co (NYSE:BMY) rating on Monday, August 14. Cowen & Co has “Hold” rating and $6500 target. Hilliard Lyons downgraded the shares of BMY in report on Tuesday, September 12 to “Hold” rating. The stock of Bristol-Myers Squibb Co (NYSE:BMY) has “Underweight” rating given on Friday, December 18 by Atlantic Securities. Societe Generale initiated the shares of BMY in report on Wednesday, April 6 with “Sell” rating. Jefferies maintained it with “Buy” rating and $72 target in Friday, September 15 report.

Among 25 analysts covering Exxon Mobil (NYSE:XOM), 9 have Buy rating, 6 Sell and 10 Hold. Therefore 36% are positive. Exxon Mobil had 75 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Market Perform” rating on Wednesday, January 11 by Wells Fargo. As per Thursday, October 19, the company rating was maintained by Jefferies. Vetr downgraded the stock to “Strong-Buy” rating in Wednesday, August 12 report. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Conviction Buy” rating by Goldman Sachs on Friday, March 18. RBC Capital Markets maintained Exxon Mobil Corporation (NYSE:XOM) rating on Tuesday, August 29. RBC Capital Markets has “Hold” rating and $90.0 target. The firm has “Hold” rating by HSBC given on Wednesday, March 8. Deutsche Bank maintained Exxon Mobil Corporation (NYSE:XOM) rating on Tuesday, March 29. Deutsche Bank has “Hold” rating and $82 target. Credit Suisse maintained Exxon Mobil Corporation (NYSE:XOM) on Monday, May 2 with “Underperform” rating. As per Tuesday, June 13, the company rating was maintained by RBC Capital Markets. Bank of America upgraded Exxon Mobil Corporation (NYSE:XOM) on Thursday, May 11 to “Buy” rating.

Analysts await Exxon Mobil Corporation (NYSE:XOM) to report earnings on January, 30. They expect $0.99 earnings per share, up 10.00% or $0.09 from last year’s $0.9 per share. XOM’s profit will be $4.19 billion for 20.67 P/E if the $0.99 EPS becomes a reality. After $0.93 actual earnings per share reported by Exxon Mobil Corporation for the previous quarter, Wall Street now forecasts 6.45% EPS growth.

More notable recent Exxon Mobil Corporation (NYSE:XOM) news were published by: Reuters.com which released: “Ghana opens talks with Exxon on deepwater drilling contract” on November 13, 2017, also Seekingalpha.com with their article: “Exxon Mobil: The Upcycle Is Helping” published on October 31, 2017, Seekingalpha.com published: “ExxonMobil Still The Top Integrated To Own – For Now” on November 02, 2017. More interesting news about Exxon Mobil Corporation (NYSE:XOM) were released by: Nasdaq.com and their article: “Exxon Mobil Corporation (XOM) Ex-Dividend Date Scheduled for November 10, 2017” published on November 09, 2017 as well as Seekingalpha.com‘s news article titled: “Exxon Mobil – Strong Quarter Buoyed By Higher Oil Prices” with publication date: October 30, 2017.

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