As Exxon Mobil Com (XOM) Share Value Declined, Amarillo National Bank Decreased by $308,179 Its Holding; Garde Capital Trimmed General Electric Co Com (GE) Stake by $464,712; Market Valuation Declined

April 19, 2018 - By Hazel Jackson

Exxon Mobil Corporation (NYSE:XOM) Logo

Amarillo National Bank decreased its stake in Exxon Mobil Corp Com (XOM) by 20.88% based on its latest 2017Q4 regulatory filing with the SEC. Amarillo National Bank sold 3,713 shares as the company’s stock declined 12.23% with the market. The institutional investor held 14,069 shares of the integrated oil company at the end of 2017Q4, valued at $1.18 million, down from 17,782 at the end of the previous reported quarter. Amarillo National Bank who had been investing in Exxon Mobil Corp Com for a number of months, seems to be less bullish one the $337.85B market cap company. The stock increased 0.68% or $0.54 during the last trading session, reaching $79.76. About 3.50M shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.29% since April 19, 2017 and is downtrending. It has underperformed by 20.84% the S&P500.

Garde Capital Inc decreased its stake in General Electric Co Com (GE) by 70.51% based on its latest 2017Q4 regulatory filing with the SEC. Garde Capital Inc sold 27,336 shares as the company’s stock declined 23.20% with the market. The institutional investor held 11,432 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $199,000, down from 38,768 at the end of the previous reported quarter. Garde Capital Inc who had been investing in General Electric Co Com for a number of months, seems to be less bullish one the $119.92 billion market cap company. The stock increased 1.10% or $0.15 during the last trading session, reaching $13.81. About 24.55 million shares traded. General Electric Company (NYSE:GE) has declined 54.35% since April 19, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Analysts await General Electric Company (NYSE:GE) to report earnings on April, 20 before the open. They expect $0.11 earnings per share, down 47.62% or $0.10 from last year’s $0.21 per share. GE’s profit will be $955.18 million for 31.39 P/E if the $0.11 EPS becomes a reality. After $0.27 actual earnings per share reported by General Electric Company for the previous quarter, Wall Street now forecasts -59.26% negative EPS growth.

Since January 26, 2018, it had 1 buy, and 0 insider sales for $43,446 activity.

Garde Capital Inc, which manages about $500.62 million and $530.37 million US Long portfolio, upped its stake in Vanguard Short Term Corp Bond Fd Etf (VCSH) by 7,788 shares to 16,531 shares, valued at $1.31M in 2017Q4, according to the filing. It also increased its holding in Google Inc by 541 shares in the quarter, for a total of 1,955 shares, and has risen its stake in Exempt Bond Etf.

Investors sentiment decreased to 0.5 in Q4 2017. Its down 0.19, from 0.69 in 2017Q3. It dropped, as 153 investors sold GE shares while 921 reduced holdings. 151 funds opened positions while 383 raised stakes. 4.69 billion shares or 0.29% less from 4.70 billion shares in 2017Q3 were reported. Burney holds 0.05% or 50,248 shares. Cornercap Invest Counsel Incorporated reported 10,491 shares stake. Wetherby Asset Management holds 0.35% or 145,316 shares in its portfolio. Telos Capital Management Incorporated owns 125,136 shares for 0.77% of their portfolio. Benin Mgmt Corporation invested 0.95% in General Electric Company (NYSE:GE). Provise Mngmt Group Lc has invested 0.5% in General Electric Company (NYSE:GE). Aimz Advsr Ltd Liability Corp reported 16,850 shares or 0.22% of all its holdings. Winslow Asset holds 0.96% or 300,384 shares in its portfolio. Eagle Asset holds 0.09% of its portfolio in General Electric Company (NYSE:GE) for 928,581 shares. 368,645 were accumulated by Virtu Fincl Limited Liability. Adams Diversified Equity Fund stated it has 0.23% in General Electric Company (NYSE:GE). Credit Suisse Ag reported 20.53 million shares. Kidder Stephen W invested 0.55% of its portfolio in General Electric Company (NYSE:GE). Neumann Cap Mngmt Limited Liability Co holds 0.87% or 81,050 shares in its portfolio. Paw Cap stated it has 0.88% in General Electric Company (NYSE:GE).

Among 28 analysts covering General Electric Company (NYSE:GE), 8 have Buy rating, 6 Sell and 14 Hold. Therefore 29% are positive. General Electric Company had 99 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, January 4 by Tigress Financial. The stock has “Outperform” rating by RBC Capital Markets on Monday, October 19. The stock of General Electric Company (NYSE:GE) earned “Outperform” rating by Bernstein on Friday, December 16. As per Monday, January 25, the company rating was maintained by RBC Capital Markets. On Thursday, May 12 the stock rating was initiated by JP Morgan with “Underweight”. The firm has “Buy” rating given on Tuesday, June 13 by Stifel Nicolaus. As per Tuesday, October 20, the company rating was maintained by S&P Research. William Blair upgraded the stock to “Outperform” rating in Tuesday, October 13 report. The stock of General Electric Company (NYSE:GE) earned “Hold” rating by Oppenheimer on Monday, July 24. UBS initiated the shares of GE in report on Tuesday, January 23 with “Hold” rating.

Since December 11, 2017, it had 0 insider purchases, and 4 selling transactions for $3.42 million activity. $606,082 worth of Exxon Mobil Corporation (NYSE:XOM) was sold by Milton Bryan W. Wascom Dennis G also sold $200,293 worth of Exxon Mobil Corporation (NYSE:XOM) on Friday, December 15. On Monday, December 11 Corson Bradley W sold $1.62M worth of Exxon Mobil Corporation (NYSE:XOM) or 19,500 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 91 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Strong-Buy” rating by Vetr given on Wednesday, August 12. On Tuesday, June 13 the stock rating was maintained by RBC Capital Markets with “Buy”. On Wednesday, May 18 the stock rating was upgraded by Argus Research to “Buy”. Morgan Stanley maintained it with “Underweight” rating and $90 target in Wednesday, January 24 report. On Wednesday, September 6 the stock rating was upgraded by UBS to “Neutral”. UBS downgraded the stock to “Sell” rating in Thursday, January 19 report. The firm has “Long-Term Buy” rating given on Wednesday, June 7 by Hilliard Lyons. Barclays Capital upgraded the shares of XOM in report on Tuesday, July 11 to “Overweight” rating. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Neutral” rating given on Monday, October 31 by Goldman Sachs. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Hold” rating by Piper Jaffray on Thursday, August 24.

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 $5.00B for 16.90 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.

General Electric Company (NYSE:GE) Institutional Positions Chart

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