Smith Moore & Company Has Trimmed Exxon Mobil (XOM) Stake By $313,020; Next Century Growth Investors Raised By $1.52 Million Its Titan International (TWI) Holding

June 19, 2017 - By Marguerite Chambers

Smith Moore & Company decreased Exxon Mobil Corp (XOM) stake by 10.69% reported in 2016Q4 SEC filing. Smith Moore & Company sold 3,478 shares as Exxon Mobil Corp (XOM)’s stock rose 0.21%. The Smith Moore & Company holds 29,046 shares with $2.62 million value, down from 32,524 last quarter. Exxon Mobil Corp now has $356.69 billion valuation. The stock declined 0.66% or $0.55 reaching $82.94 per share. About 666,915 shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since June 19, 2016 and is downtrending. It has underperformed by 25.78% the S&P500.

Next Century Growth Investors Llc increased Titan International (TWI) stake by 34.16% reported in 2016Q4 SEC filing. Next Century Growth Investors Llc acquired 137,926 shares as Titan International (TWI)’s stock declined 23.01%. The Next Century Growth Investors Llc holds 541,672 shares with $6.07 million value, up from 403,746 last quarter. Titan International now has $692.81 million valuation. The stock rose 2.39% or $0.28 reaching $11.99 per share. About 12,677 shares traded. Titan International Inc (NYSE:TWI) has risen 76.95% since June 19, 2016 and is uptrending. It has outperformed by 60.25% the S&P500.

Investors sentiment decreased to 0.83 in Q4 2016. Its down 0.04, from 0.87 in 2016Q3. It worsened, as 58 investors sold XOM shares while 851 reduced holdings. 104 funds opened positions while 652 raised stakes. 2.08 billion shares or 2.44% more from 2.03 billion shares in 2016Q3 were reported. Van Cleef Asset Managementinc holds 137,458 shares or 3.96% of its portfolio. Moreover, Gyroscope Management Grp Limited Liability has 1.62% invested in Exxon Mobil Corporation (NYSE:XOM) for 26,823 shares. Moreover, Joel Isaacson & Ltd Liability has 0.81% invested in Exxon Mobil Corporation (NYSE:XOM). Clarkston Partners Ltd accumulated 9,626 shares. Amarillo Bank reported 18,855 shares. Arrow Financial Corporation reported 73,199 shares or 1.64% of all its holdings. Hudson Valley Investment Advsr Adv holds 2.41% in Exxon Mobil Corporation (NYSE:XOM) or 90,454 shares. Jacobus Wealth Mgmt holds 0.12% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 4,612 shares. Amg Funds Limited Com invested in 19,623 shares. Hamilton Point Inv Advisors Lc owns 31,650 shares for 1.77% of their portfolio. Deutsche Fincl Bank Ag holds 7.36M shares or 0.53% of its portfolio. Glenview National Bank Trust Dept accumulated 83,238 shares. 126,921 were reported by Cypress Asset Management Tx. Umb Commercial Bank N A Mo holds 1.48% or 445,053 shares in its portfolio. The New York-based Mufg Americas Corp has invested 1.91% in Exxon Mobil Corporation (NYSE:XOM).

Analysts await Exxon Mobil Corporation (NYSE:XOM) to report earnings on August, 4. They expect $0.94 EPS, up 129.27% or $0.53 from last year’s $0.41 per share. XOM’s profit will be $4.04 billion for 22.06 P/E if the $0.94 EPS becomes a reality. After $0.95 actual EPS reported by Exxon Mobil Corporation for the previous quarter, Wall Street now forecasts -1.05% negative EPS growth.

Among 22 analysts covering Exxon Mobil (NYSE:XOM), 8 have Buy rating, 5 Sell and 9 Hold. Therefore 36% are positive. Exxon Mobil had 48 analyst reports since July 22, 2015 according to SRatingsIntel. Argus Research upgraded Exxon Mobil Corporation (NYSE:XOM) on Wednesday, May 18 to “Buy” rating. Barclays Capital upgraded Exxon Mobil Corporation (NYSE:XOM) rating on Monday, October 12. Barclays Capital has “Equal-Weight” rating and $85 target. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Underperform” rating by Macquarie Research on Wednesday, September 23. The rating was initiated by Nomura with “Reduce” on Friday, March 18. The rating was upgraded by Vetr to “Buy” on Thursday, August 20. The stock has “Hold” rating by BMO Capital Markets on Monday, May 1. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Neutral” rating given on Friday, April 7 by Jefferies. HSBC maintained Exxon Mobil Corporation (NYSE:XOM) rating on Wednesday, March 8. HSBC has “Hold” rating and $85 target. Credit Agricole initiated the stock with “Outperform” rating in Tuesday, December 15 report. The firm has “Sell” rating by Tudor Pickering given on Tuesday, January 26.

Investors sentiment decreased to 1.2 in Q4 2016. Its down 0.14, from 1.34 in 2016Q3. It turned negative, as 15 investors sold TWI shares while 49 reduced holdings. 30 funds opened positions while 47 raised stakes. 48.39 million shares or 10.97% more from 43.61 million shares in 2016Q3 were reported. D E Shaw And Company invested in 501,440 shares. 1.28 million are owned by First Manhattan. 16,100 were accumulated by Teachers Retirement Sys Of The State Of Kentucky. Hanson And Doremus Invest holds 98,284 shares. Blackrock Inv Management Ltd reported 247,811 shares. Arizona State Retirement System invested in 0% or 22,531 shares. California-based Clarivest Asset Mgmt Lc has invested 0.06% in Titan International Inc (NYSE:TWI). Sei holds 3 shares or 0% of its portfolio. Essex Ltd Liability Company reported 86,363 shares. The Pennsylvania-based Federated Pa has invested 0% in Titan International Inc (NYSE:TWI). Brandywine Glob Invest Mngmt Ltd Liability Company invested in 0.04% or 508,909 shares. Security Bank & Trust Of Sioux City Iowa Ia holds 20,000 shares. Parallax Volatility Advisers Lp stated it has 0% in Titan International Inc (NYSE:TWI). Vanguard Gru reported 2.81 million shares. Credit Suisse Ag accumulated 163,319 shares.

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.

By

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 Market News

>