Stifel Financial Has Raised Its Eastman Chem Co (EMN) Position; Exxon Mobil (XOM) Covered By 10 Bullish Analysts Last Week

January 13, 2018 - By Peter Kolinski

Among 26 analysts covering Exxon Mobil (NYSE:XOM), 10 have Buy rating, 6 Sell and 10 Hold. Therefore 38% are positive. Exxon Mobil had 80 analyst reports since July 22, 2015 according to SRatingsIntel. Barclays Capital maintained it with “Overweight” rating and $91 target in Tuesday, October 10 report. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Overweight” rating by Barclays Capital on Tuesday, July 11. The rating was maintained by Cowen & Co on Friday, July 28 with “Buy”. The company was reinitiated on Thursday, July 6 by RBC Capital Markets. The firm earned “Hold” rating on Thursday, August 24 by Piper Jaffray. Jefferies maintained Exxon Mobil Corporation (NYSE:XOM) on Thursday, October 19 with “Hold” rating. The firm has “Underperform” rating given on Wednesday, September 23 by Macquarie Research. The firm has “Reduce” rating given on Tuesday, November 7 by HSBC. The rating was downgraded by Wells Fargo to “Market Perform” on Wednesday, January 11. The stock has “Buy” rating by RBC Capital Markets on Tuesday, June 13. See Exxon Mobil Corporation (NYSE:XOM) latest ratings:

10/01/2018 Broker: BMO Capital Markets Rating: Hold New Target: $85.0 Maintain
20/12/2017 Broker: Jefferies Rating: Hold New Target: $85.0 Maintain
11/12/2017 Broker: Credit Suisse Rating: Hold New Target: $83.0 Initiate
21/11/2017 Broker: Piper Jaffray Rating: Hold New Target: $81.0 Maintain
15/11/2017 Broker: Imperial Capital Rating: Outperform New Target: $20 Initiates Coverage On
07/11/2017 Broker: HSBC Old Rating: Hold New Rating: Reduce Downgrade
24/10/2017 Broker: Cowen & Co Rating: Buy New Target: $100.0 Maintain
19/10/2017 Broker: Jefferies Rating: Hold New Target: $84.0 Maintain
18/10/2017 Broker: Morgan Stanley Rating: Underperform New Target: $85 Maintain
18/10/2017 Broker: BMO Capital Markets Rating: Hold New Target: $80.0 Maintain

Stifel Financial Corp increased Eastman Chem Co (EMN) stake by 6.4% reported in 2017Q3 SEC filing. Stifel Financial Corp acquired 9,888 shares as Eastman Chem Co (EMN)’s stock declined 2.09%. The Stifel Financial Corp holds 164,308 shares with $14.87M value, up from 154,420 last quarter. Eastman Chem Co now has $14.00 billion valuation. The stock decreased 0.07% or $0.07 during the last trading session, reaching $97.43. About 887,430 shares traded. Eastman Chemical Company (NYSE:EMN) has risen 7.60% since January 13, 2017 and is uptrending. It has underperformed by 9.10% the S&P500.

Since August 3, 2017, it had 0 buys, and 3 selling transactions for $934,680 activity. The insider Stuckey Perry sold 5,200 shares worth $479,024. $117,936 worth of Eastman Chemical Company (NYSE:EMN) shares were sold by COX MARK K. HORNBAKER RENEE J had sold 4,000 shares worth $337,720.

Among 16 analysts covering Eastman Chemical Company (NYSE:EMN), 9 have Buy rating, 2 Sell and 5 Hold. Therefore 56% are positive. Eastman Chemical Company had 50 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has “Buy” rating by Goldman Sachs given on Thursday, September 28. On Monday, October 30 the stock rating was maintained by JP Morgan with “Overweight”. Barclays Capital maintained it with “Equal Weight” rating and $85 target in Monday, January 30 report. RBC Capital Markets initiated Eastman Chemical Company (NYSE:EMN) on Wednesday, October 14 with “Outperform” rating. Nomura maintained the shares of EMN in report on Monday, July 11 with “Buy” rating. The firm has “Underperform” rating by Credit Agricole given on Monday, May 2. The stock has “Buy” rating by KeyBanc Capital Markets on Monday, October 30. RBC Capital Markets maintained the stock with “Hold” rating in Tuesday, September 5 report. RBC Capital Markets downgraded Eastman Chemical Company (NYSE:EMN) on Tuesday, August 2 to “Sector Perform” rating. Cowen & Co maintained it with “Buy” rating and $8800 target in Thursday, July 13 report.

Investors sentiment increased to 1.18 in Q3 2017. Its up 0.04, from 1.14 in 2017Q2. It improved, as 32 investors sold EMN shares while 175 reduced holdings. 67 funds opened positions while 178 raised stakes. 115.86 million shares or 0.58% less from 116.54 million shares in 2017Q2 were reported. Ingalls & Snyder Limited Co invested 0.02% of its portfolio in Eastman Chemical Company (NYSE:EMN). 1.10M were reported by Wedge Mgmt L Limited Partnership Nc. Tru Of Toledo Na Oh owns 4,912 shares or 0.11% of their US portfolio. Royal Retail Bank Of Canada holds 0.01% or 298,451 shares in its portfolio. Tiaa Cref Inv Management Limited Liability Company has 0.02% invested in Eastman Chemical Company (NYSE:EMN). Wellington Shields And Limited Liability Company invested in 0.17% or 5,850 shares. Hirtle Callaghan & Co Limited Liability Co reported 9,200 shares stake. Cibc Markets, a Ontario – Canada-based fund reported 38,381 shares. Palladium Ltd has invested 1.18% in Eastman Chemical Company (NYSE:EMN). Wesbanco Bancorp Inc has invested 0.04% of its portfolio in Eastman Chemical Company (NYSE:EMN). Daiwa Securities Group Inc Inc stated it has 0% of its portfolio in Eastman Chemical Company (NYSE:EMN). M&R Management has invested 0.04% in Eastman Chemical Company (NYSE:EMN). Bbva Compass Bancshares reported 45,178 shares stake. Meyer Handelman Com holds 0.03% or 8,000 shares in its portfolio. Conning Inc has invested 0.01% in Eastman Chemical Company (NYSE:EMN).

Stifel Financial Corp decreased Bb&T Corp (NYSE:BBT) stake by 57,641 shares to 337,491 valued at $15.84M in 2017Q3. It also reduced Cabot Microelectronics Corp (NASDAQ:CCMP) stake by 14,405 shares and now owns 4,613 shares. Mckesson Corp (NYSE:MCK) was reduced too.

Investors sentiment is 0.85 in Q3 2017. Its the same as in 2017Q2. It is without change, as 57 investors sold Exxon Mobil Corporation shares while 806 reduced holdings. only 114 funds opened positions while 621 raised stakes. 2.13 billion shares or 0.48% more from 2.12 billion shares in 2017Q2 were reported. Bruce Com Inc owns 5,184 shares. Deutsche Bancorporation Ag invested 0.43% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Ashford Cap Management Inc owns 38,647 shares. 24,556 were reported by Focused Wealth Mgmt. Employees Retirement Systems Of Texas reported 0.25% in Exxon Mobil Corporation (NYSE:XOM). D E Shaw And Incorporated, a New York-based fund reported 1.76M shares. Moreover, Pictet And Cie (Europe) has 0.09% invested in Exxon Mobil Corporation (NYSE:XOM). Alliancebernstein Limited Partnership invested in 0.52% or 8.51M shares. Palisades Hudson Asset Management Lp stated it has 10,423 shares. Joel Isaacson And Limited, New York-based fund reported 43,189 shares. Sandhill Cap Ptnrs Limited Company accumulated 5,733 shares. Amer National Insurance Tx accumulated 1.13% or 262,704 shares. Narwhal Mgmt has 74,056 shares for 1.5% of their portfolio. Seaward Mgmt Ltd Partnership owns 656,697 shares for 2.63% of their portfolio. Wells Fargo Mn has invested 0.67% in Exxon Mobil Corporation (NYSE:XOM).

The stock increased 0.68% or $0.59 during the last trading session, reaching $87.52. About 9.83 million shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since January 13, 2017 and is downtrending. It has underperformed by 25.78% the S&P500.

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