As Exxon Mobil (XOM) Valuation Declined, Shareholder Condor Capital Management Has Trimmed Position; Qualcomm (QCOM) Stake Has Upped by Institute For Wealth Management Llc

April 23, 2018 - By Marguerite Chambers

Exxon Mobil Corporation (NYSE:XOM) Logo

Condor Capital Management decreased its stake in Exxon Mobil Corp (XOM) by 15.99% based on its latest 2017Q4 regulatory filing with the SEC. Condor Capital Management sold 6,030 shares as the company’s stock declined 12.23% with the market. The institutional investor held 31,670 shares of the integrated oil company at the end of 2017Q4, valued at $2.65 million, down from 37,700 at the end of the previous reported quarter. Condor Capital Management who had been investing in Exxon Mobil Corp for a number of months, seems to be less bullish one the $336.45 billion market cap company. The stock increased 0.54% or $0.43 during the last trading session, reaching $79.43. About 7.81M shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.29% since April 23, 2017 and is downtrending. It has underperformed by 20.84% the S&P500.

Institute For Wealth Management Llc increased its stake in Qualcomm Inc (QCOM) by 50.38% based on its latest 2017Q4 regulatory filing with the SEC. Institute For Wealth Management Llc bought 9,222 shares as the company’s stock declined 15.28% with the market. The institutional investor held 27,528 shares of the radio and television broadcasting and communications equipment company at the end of 2017Q4, valued at $1.78M, up from 18,306 at the end of the previous reported quarter. Institute For Wealth Management Llc who had been investing in Qualcomm Inc for a number of months, seems to be bullish on the $74.84 billion market cap company. The stock decreased 1.72% or $0.886 during the last trading session, reaching $50.554. About 9.23 million shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has declined 3.21% since April 23, 2017 and is downtrending. It has underperformed by 14.76% the S&P500.

Since December 11, 2017, it had 0 buys, and 4 insider sales for $3.42 million activity. $200,293 worth of Exxon Mobil Corporation (NYSE:XOM) was sold by Wascom Dennis G on Friday, December 15. $606,082 worth of stock was sold by Milton Bryan W on Tuesday, December 12. 12,000 shares were sold by Chapman Neil A, worth $996,628.

Among 26 analysts covering Exxon Mobil (NYSE:XOM), 10 have Buy rating, 6 Sell and 10 Hold. Therefore 38% are positive. Exxon Mobil had 92 analyst reports since July 22, 2015 according to SRatingsIntel. On Tuesday, January 12 the stock rating was maintained by Barclays Capital with “Equal Weight”. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Hold” rating given on Monday, December 11 by Credit Suisse. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Hold” rating given on Thursday, August 24 by Piper Jaffray. The firm has “Hold” rating given on Wednesday, March 8 by HSBC. The stock has “Neutral” rating by Jefferies on Friday, April 7. As per Wednesday, December 20, the company rating was maintained by Jefferies. Bank of America upgraded the stock to “Buy” rating in Thursday, May 11 report. The rating was downgraded by Barclays Capital to “Underweight” on Tuesday, February 6. Credit Suisse upgraded the stock to “Neutral” rating in Thursday, March 2 report. The firm has “Conviction Buy” rating by Goldman Sachs given on Wednesday, July 22.

Analysts await Exxon Mobil Corporation (NYSE:XOM) to report earnings on April, 27 before the open. They expect $1.18 earnings per share, up 24.21% or $0.23 from last year’s $0.95 per share. XOM’s profit will be $5.00 billion for 16.83 P/E if the $1.18 EPS becomes a reality. After $0.88 actual earnings per share reported by Exxon Mobil Corporation for the previous quarter, Wall Street now forecasts 34.09% EPS growth.

Investors sentiment decreased to 0.84 in 2017 Q4. Its down 0.01, from 0.85 in 2017Q3. It fall, as 48 investors sold XOM shares while 819 reduced holdings. 123 funds opened positions while 603 raised stakes. 2.17 billion shares or 1.92% more from 2.13 billion shares in 2017Q3 were reported. Gamco Investors Et Al holds 0.03% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 48,747 shares. Inv Svcs Of America Incorporated invested 0.05% in Exxon Mobil Corporation (NYSE:XOM). Hourglass Limited Liability Com holds 86,126 shares or 1.64% of its portfolio. Washington Management holds 2.19% or 26,180 shares in its portfolio. Lodestar Inv Counsel Ltd Com Il holds 229,240 shares. Baystate Wealth Ltd Com owns 27,779 shares. Eidelman Virant Capital, Missouri-based fund reported 6,039 shares. Moreover, Advsrs Cap Management Ltd has 0.54% invested in Exxon Mobil Corporation (NYSE:XOM). Walter Keenan Consulting Mi Adv has 117,558 shares for 4.13% of their portfolio. Amarillo Bancorp holds 0.39% or 14,069 shares. Fil Limited invested 0.02% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Hills Natl Bank And Tru stated it has 1.52% in Exxon Mobil Corporation (NYSE:XOM). Heritage Wealth Advsrs has 45,648 shares. Notis reported 56,942 shares stake. 131,317 are held by Choate Advsr.

Since October 27, 2017, it had 0 insider purchases, and 6 selling transactions for $6.14 million activity. THOMPSON JAMES H had sold 50,126 shares worth $3.14M on Friday, March 9. 713 shares were sold by ROGERS ALEXANDER H, worth $48,627 on Monday, January 29.

Among 37 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 16 have Buy rating, 2 Sell and 19 Hold. Therefore 43% are positive. Qualcomm Inc. had 145 analyst reports since July 23, 2015 according to SRatingsIntel. Cowen & Co maintained the shares of QCOM in report on Thursday, July 23 with “Outperform” rating. The firm has “Buy” rating by Canaccord Genuity given on Friday, August 14. As per Wednesday, November 8, the company rating was upgraded by Raymond James. The firm has “Hold” rating given on Thursday, November 5 by Topeka Capital Markets. As per Thursday, July 21, the company rating was maintained by Stifel Nicolaus. As per Thursday, January 28, the company rating was maintained by Topeka Capital Markets. BMO Capital Markets maintained QUALCOMM Incorporated (NASDAQ:QCOM) rating on Monday, August 21. BMO Capital Markets has “Hold” rating and $55.0 target. The firm has “Buy” rating given on Monday, March 26 by Susquehanna. Charter Equity maintained the stock with “Hold” rating in Tuesday, February 13 report. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Neutral” rating given on Wednesday, December 21 by Citigroup.

Investors sentiment decreased to 0.83 in 2017 Q4. Its down 0.02, from 0.85 in 2017Q3. It dived, as 89 investors sold QCOM shares while 518 reduced holdings. 160 funds opened positions while 346 raised stakes. 1.11 billion shares or 0.73% more from 1.10 billion shares in 2017Q3 were reported. Canandaigua Retail Bank & Tru holds 0.43% or 37,480 shares in its portfolio. City Hldgs Company reported 23,070 shares. Utd Svcs Automobile Association invested in 3.69M shares or 0.65% of the stock. Ontario – Canada-based Guardian Cap Lp has invested 0.01% in QUALCOMM Incorporated (NASDAQ:QCOM). Stratos Wealth Prtn Ltd stated it has 161,144 shares. Farmers Tru has invested 0.09% in QUALCOMM Incorporated (NASDAQ:QCOM). Capital Fund Mngmt Sa stated it has 0.06% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). The California-based Shelton Mgmt has invested 0.81% in QUALCOMM Incorporated (NASDAQ:QCOM). 107,453 were accumulated by Captrust Advsr. Lombard Odier Asset Management (Switzerland) Sa stated it has 6,760 shares. Mirador Cap LP accumulated 0.14% or 3,968 shares. Pennsylvania Trust Company accumulated 144,015 shares. Winslow Evans And Crocker Inc holds 0.18% or 8,712 shares. The Florida-based Sawgrass Asset Mngmt Limited has invested 0.02% in QUALCOMM Incorporated (NASDAQ:QCOM). Hanson Doremus Investment Management has 0.01% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 250 shares.

Institute For Wealth Management Llc, which manages about $311.71 million and $433.24M US Long portfolio, decreased its stake in Fs Invt Corp (NYSE:FSIC) by 77,166 shares to 121,556 shares, valued at $890,000 in 2017Q4, according to the filing. It also reduced its holding in Altria Group Inc (NYSE:MO) by 5,026 shares in the quarter, leaving it with 19,619 shares, and cut its stake in Johnson & Johnson (NYSE:JNJ).

Exxon Mobil Corporation (NYSE:XOM) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts