Exxonmobil Corp. (XOM) Market Valuation Rose While Campbell Newman Asset Management Has Decreased Position; Dragoneer Investment Group Stake in 58 Com (WUBA) Has Cut by $8.07 Million as Share Price Rose

January 18, 2018 - By Henry Gaston

Dragoneer Investment Group Llc decreased its stake in 58 Com Inc (WUBA) by 10.17% based on its latest 2017Q3 regulatory filing with the SEC. Dragoneer Investment Group Llc sold 128,129 shares as the company’s stock rose 30.73% with the market. The institutional investor held 1.13 million shares of the programming company at the end of 2017Q3, valued at $71.47 million, down from 1.26M at the end of the previous reported quarter. Dragoneer Investment Group Llc who had been investing in 58 Com Inc for a number of months, seems to be less bullish one the $11.92 billion market cap company. The stock increased 1.68% or $1.34 during the last trading session, reaching $81.33. About 734,928 shares traded. 58.com Inc. (NYSE:WUBA) has declined 14.06% since January 18, 2017 and is downtrending. It has underperformed by 30.76% the S&P500.

Campbell Newman Asset Management Inc decreased its stake in Exxonmobil Corp. (XOM) by 6.39% based on its latest 2017Q3 regulatory filing with the SEC. Campbell Newman Asset Management Inc sold 11,762 shares as the company’s stock rose 0.21% with the market. The institutional investor held 172,354 shares of the integrated oil company at the end of 2017Q3, valued at $14.13M, down from 184,116 at the end of the previous reported quarter. Campbell Newman Asset Management Inc who had been investing in Exxonmobil Corp. for a number of months, seems to be less bullish one the $372.87 billion market cap company. The stock increased 1.18% or $1.03 during the last trading session, reaching $88. About 10.55M shares traded or 4.25% up from the average. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since January 18, 2017 and is downtrending. It has underperformed by 25.78% the S&P500.

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. The company was maintained on Wednesday, October 18 by BMO Capital Markets. As per Thursday, May 11, the company rating was upgraded by Bank of America. The firm has “Buy” rating by Scotia Capital given on Monday, June 5. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Hold” rating by Jefferies on Tuesday, October 3. The rating was maintained by Cowen & Co on Friday, July 28 with “Buy”. The rating was upgraded by Howard Weil to “Sector Outperform” on Monday, June 5. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Conviction Buy” rating by Goldman Sachs on Wednesday, July 22. The firm earned “Hold” rating on Thursday, August 6 by TD Securities. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Underperform” rating given on Wednesday, September 23 by Macquarie Research. Piper Jaffray maintained it with “Hold” rating and $80.0 target in Thursday, August 17 report.

Campbell Newman Asset Management Inc, which manages about $443.30M and $558.86 million US Long portfolio, upped its stake in Visa Inc. Class A (NYSE:V) by 143,419 shares to 151,887 shares, valued at $15.98 million in 2017Q3, according to the filing.

Investors sentiment is 0.85 in Q3 2017. Its the same as in 2017Q2. It has no change, as 57 investors sold XOM 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. Murphy Capital Mgmt holds 1.59% or 135,844 shares in its portfolio. Banque Pictet And Cie Sa invested in 162,040 shares or 0.3% of the stock. Caz Investments Limited Partnership reported 1.09% in Exxon Mobil Corporation (NYSE:XOM). Afam Capital accumulated 64,112 shares or 0.63% of the stock. Peavine Limited Liability Company owns 13,133 shares. Asset Mngmt holds 415,708 shares. Sandhill Prtnrs Ltd owns 5,733 shares for 0.09% of their portfolio. Tnb holds 1.13% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 82,845 shares. Inverness Counsel Ltd Llc has 261,469 shares. Page Arthur B accumulated 21,810 shares. 22,534 were accumulated by St Johns Invest Ltd Co. Sit reported 13,360 shares. Peapack Gladstone Finance reported 593,698 shares or 2.79% of all its holdings. Intersect Cap Lc has 0.26% invested in Exxon Mobil Corporation (NYSE:XOM) for 5,510 shares. Alley Lc has 1.82% invested in Exxon Mobil Corporation (NYSE:XOM).

Analysts await Exxon Mobil Corporation (NYSE:XOM) to report earnings on January, 30. They expect $0.99 EPS, up 10.00% or $0.09 from last year’s $0.9 per share. XOM’s profit will be $4.19 billion for 22.22 P/E if the $0.99 EPS becomes a reality. After $0.93 actual EPS reported by Exxon Mobil Corporation for the previous quarter, Wall Street now forecasts 6.45% EPS growth.

Since August 4, 2017, it had 0 buys, and 6 insider sales for $5.32 million activity. Another trade for 2,412 shares valued at $200,293 was made by Wascom Dennis G on Friday, December 15. Corson Bradley W sold 19,500 shares worth $1.62 million. 1,100 shares valued at $88,253 were sold by REINEMUND STEVEN on Friday, August 4. The insider Chapman Neil A sold $996,628. $1.81 million worth of Exxon Mobil Corporation (NYSE:XOM) was sold by Franklin Robert Stuart on Monday, September 18.

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