Ballentine Partners Decreased By $26.04 Million Its Exxon Mobil (XOM) Holding; Morgan Stanley Income Securities (ICB) Sentiment Is 1.67

December 13, 2017 - By Richard Conner

Ballentine Partners Llc decreased Exxon Mobil Corp (XOM) stake by 88.45% reported in 2017Q2 SEC filing. Ballentine Partners Llc sold 325,538 shares as Exxon Mobil Corp (XOM)’s stock rose 0.21%. The Ballentine Partners Llc holds 42,521 shares with $3.41M value, down from 368,059 last quarter. Exxon Mobil Corp now has $352.44B valuation. The stock increased 0.51% or $0.42 during the last trading session, reaching $83.18. About 9.93 million shares traded or 6.78% up from the average. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since December 13, 2016 and is downtrending. It has underperformed by 25.78% the S&P500.

The stock increased 0.11% or $0.02 during the last trading session, reaching $18.15. About 6,036 shares traded. MS Income Securities, Inc. (ICB) has risen 0.67% since December 13, 2016 and is uptrending. It has underperformed by 16.03% the S&P500.

Karpus Management Inc. holds 2.03% of its portfolio in MS Income Securities, Inc. for 2.20 million shares. 1607 Capital Partners Llc owns 656,305 shares or 0.71% of their US portfolio. Moreover, Icon Advisers Inc Co has 0.6% invested in the company for 471,920 shares. The Illinois-based Rivernorth Capital Management Llc has invested 0.32% in the stock. Sit Investment Associates Inc, a Minnesota-based fund reported 575,022 shares.

Among 26 analysts covering Exxon Mobil (NYSE:XOM), 10 have Buy rating, 6 Sell and 10 Hold. Therefore 38% are positive. Exxon Mobil had 77 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Equal-Weight” rating by Barclays Capital on Monday, October 12. Piper Jaffray maintained the stock with “Hold” rating in Thursday, October 5 report. TD Securities maintained Exxon Mobil Corporation (NYSE:XOM) on Thursday, August 6 with “Hold” rating. The company was maintained on Thursday, August 24 by Piper Jaffray. RBC Capital Markets maintained it with “Hold” rating and $90.0 target in Monday, October 9 report. The stock has “Strong-Buy” rating by Vetr on Wednesday, August 12. BMO Capital Markets maintained the shares of XOM in report on Wednesday, October 18 with “Hold” rating. The firm earned “Neutral” rating on Friday, April 7 by Jefferies. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Buy” rating by RBC Capital Markets on Tuesday, June 13. On Friday, July 21 the stock rating was maintained by Citigroup with “Neutral”.

Since August 4, 2017, it had 0 insider purchases, and 2 insider sales for $1.90 million activity. 22,656 shares were sold by Franklin Robert Stuart, worth $1.81 million. The insider REINEMUND STEVEN sold 1,100 shares worth $88,253.

Ballentine Partners Llc increased Apple Inc (NASDAQ:AAPL) stake by 13,271 shares to 68,796 valued at $10.47 million in 2017Q2. It also upped Vanguard Specialized Portfol (VIG) stake by 4,828 shares and now owns 301,426 shares. Amazon Com Inc (NASDAQ:AMZN) was raised too.

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 21.01 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.

Investors sentiment is 0.85 in 2017 Q2. Its the same as in 2017Q1. It is the same, as 48 investors sold XOM shares while 822 reduced holdings. only 103 funds opened positions while 639 raised stakes. 2.12 billion shares or 0.55% more from 2.10 billion shares in 2017Q1 were reported. Mirador Capital Prtn LP owns 5,626 shares or 0.28% of their US portfolio. The Maine-based Bath Savings Co has invested 4.52% in Exxon Mobil Corporation (NYSE:XOM). Gsa Prtn Llp holds 0.07% in Exxon Mobil Corporation (NYSE:XOM) or 13,084 shares. Moreover, Brave Asset Mgmt Inc has 1.49% invested in Exxon Mobil Corporation (NYSE:XOM). Timber Hill Ltd Limited Liability Company reported 0.16% in Exxon Mobil Corporation (NYSE:XOM). 64,499 are held by Mutual Of Omaha National Bank Wealth Mngmt. British Columbia Invest Management holds 1.94 million shares. 7,084 are held by Hollencrest Secs Ltd Liability Corp. Mogy Joel R Investment Counsel owns 120,202 shares. Centers Of America Inc stated it has 0.71% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Ameriprise Financial reported 18.46 million shares. Caxton Associates Ltd Partnership accumulated 0.82% or 1.52M shares. Robecosam Ag holds 0.01% or 2,040 shares in its portfolio. Tetrem Mgmt Limited holds 4,204 shares. Compton Cap Mgmt Inc Ri holds 2.78% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 75,534 shares.

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