Nike (NKE) Shareholder Fifth Third Bancorp Has Trimmed Holding as Shares Declined; Exxon Mobil (XOM) Shareholder Mogy Joel R Investment Counsel Has Trimmed Position

January 17, 2018 - By Adrian Mccoy

Fifth Third Bancorp decreased its stake in Nike Inc (NKE) by 3.92% based on its latest 2017Q3 regulatory filing with the SEC. Fifth Third Bancorp sold 43,093 shares as the company’s stock declined 8.78% while stock markets rallied. The institutional investor held 1.05 million shares of the consumer non-durables company at the end of 2017Q3, valued at $54.70 million, down from 1.10 million at the end of the previous reported quarter. Fifth Third Bancorp who had been investing in Nike Inc for a number of months, seems to be less bullish one the $103.85 billion market cap company. The stock increased 0.37% or $0.24 during the last trading session, reaching $63.65. About 3.64M shares traded. NIKE, Inc. (NYSE:NKE) has declined 9.24% since January 17, 2017 and is downtrending. It has underperformed by 25.94% the S&P500.

Mogy Joel R Investment Counsel Inc decreased its stake in Exxon Mobil Corp (XOM) by 23.71% based on its latest 2017Q3 regulatory filing with the SEC. Mogy Joel R Investment Counsel Inc sold 28,503 shares as the company’s stock rose 0.21% with the market. The institutional investor held 91,699 shares of the integrated oil company at the end of 2017Q3, valued at $7.52 million, down from 120,202 at the end of the previous reported quarter. Mogy Joel R Investment Counsel Inc who had been investing in Exxon Mobil Corp for a number of months, seems to be less bullish one the $372.10B market cap company. The stock increased 0.98% or $0.85 during the last trading session, reaching $87.82. About 3.81M shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since January 17, 2017 and is downtrending. It has underperformed by 25.78% the S&P500.

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. Everett Harris & Ca invested in 0.49% or 201,164 shares. Moreover, Afam has 0.63% invested in Exxon Mobil Corporation (NYSE:XOM). Berkshire Money Mngmt Inc invested in 9,371 shares. Caprock Grp Inc has 0.48% invested in Exxon Mobil Corporation (NYSE:XOM). Gardner Russo And Gardner Limited Liability Corp holds 160,552 shares. Peddock Cap Ltd Limited Liability Company reported 33.83% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Davis holds 1.37% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 28,436 shares. Grassi Inv Management owns 1.12% invested in Exxon Mobil Corporation (NYSE:XOM) for 81,400 shares. White Pine Cap Ltd Co holds 47,041 shares. Pinnacle Advisory Group Inc Incorporated reported 0.1% in Exxon Mobil Corporation (NYSE:XOM). Secor Cap Advsr Ltd Partnership holds 0.76% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 96,862 shares. Nadler Financial Group owns 14,532 shares for 0.39% of their portfolio. Plante Moran Financial Advisors Limited Liability Company stated it has 0.42% in Exxon Mobil Corporation (NYSE:XOM). Shikiar Asset Inc reported 3,805 shares or 0.14% of all its holdings. City Trust Fl stated it has 1.34% in Exxon Mobil Corporation (NYSE:XOM).

Mogy Joel R Investment Counsel Inc, which manages about $766.81 million and $601.17M US Long portfolio, upped its stake in Pepsico Inc (NYSE:PEP) by 3,200 shares to 127,333 shares, valued at $14.19 million in 2017Q3, according to the filing. It also increased its holding in Equinix Inc (NASDAQ:EQIX) by 4,882 shares in the quarter, for a total of 6,707 shares, and has risen its stake in Salesforce Com Inc (NYSE:CRM).

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. Cowen & Co maintained Exxon Mobil Corporation (NYSE:XOM) rating on Tuesday, September 19. Cowen & Co has “Buy” rating and $100.0 target. The company was maintained on Thursday, October 19 by Jefferies. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Sector Outperform” rating by Howard Weil on Monday, June 5. On Wednesday, January 10 the stock rating was maintained by BMO Capital Markets with “Hold”. As per Monday, October 9, the company rating was maintained by RBC Capital Markets. On Monday, October 31 the stock rating was downgraded by Goldman Sachs to “Neutral”. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Underperform” rating by Credit Suisse on Monday, May 2. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Reduce” rating by Nomura on Friday, March 18. The firm has “Buy” rating given on Monday, June 5 by Scotia Capital. BMO Capital Markets maintained the shares of XOM in report on Monday, May 1 with “Hold” rating.

Since August 4, 2017, it had 0 insider purchases, and 6 sales for $5.32 million activity. Chapman Neil A sold 12,000 shares worth $996,628. 2,412 Exxon Mobil Corporation (NYSE:XOM) shares with value of $200,293 were sold by Wascom Dennis G. 22,656 Exxon Mobil Corporation (NYSE:XOM) shares with value of $1.81M were sold by Franklin Robert Stuart. Shares for $88,253 were sold by REINEMUND STEVEN. Corson Bradley W sold 19,500 shares worth $1.62M.

Analysts await Exxon Mobil Corporation (NYSE:XOM) to report earnings on January, 30. They expect $0.99 earnings per share, up 10.00% or $0.09 from last year’s $0.9 per share. XOM’s profit will be $4.19 billion for 22.18 P/E if the $0.99 EPS becomes a reality. After $0.93 actual earnings per share reported by Exxon Mobil Corporation for the previous quarter, Wall Street now forecasts 6.45% EPS growth.

Since September 14, 2017, it had 0 insider purchases, and 6 insider sales for $23.60 million activity. Another trade for 135,000 shares valued at $8.78 million was made by PARKER MARK G on Friday, December 15. $7.94M worth of NIKE, Inc. (NYSE:NKE) was sold by Slusher John F on Tuesday, January 2. $855,206 worth of NIKE, Inc. (NYSE:NKE) shares were sold by RODGERS JOHNATHAN A.

Fifth Third Bancorp, which manages about $13.98 billion US Long portfolio, upped its stake in Starwood Ppty Tr Inc (NYSE:STWD) by 57,168 shares to 433,966 shares, valued at $9.43M in 2017Q3, according to the filing. It also increased its holding in Berkshire Hathaway Inc Del (BRKA) by 3 shares in the quarter, for a total of 37 shares, and has risen its stake in Analog Devices Inc (NASDAQ:ADI).

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