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Capital Investment Advisors LLC Increases Position in Exxon Mobil Corporation $XOM
Capital Investment Advisors LLC increased its stake in Exxon Mobil (XOM) by 6.6% in the fourth quarter, now holding 231,488 shares valued at $27.86 million. Institutional investors collectively own 61.80% of the company’s stock, while Wall Street analysts maintain a “Hold” rating with an average price target of $151. Exxon Mobil recently reported quarterly earnings that beat estimates and announced a quarterly dividend of $1.03 per share, yielding 2.4%.