Brookmont Capital Management Cut Its United Parcel Service (UPS) Holding as Stock Value Declined; Dumont & Blake Investment Advisors Increased Its Stake in Exxon Mobil (XOM) as Stock Price Rose

December 19, 2017 - By Peter Erickson

Dumont & Blake Investment Advisors Llc increased its stake in Exxon Mobil Corp (XOM) by 24949% based on its latest 2017Q2 regulatory filing with the SEC. Dumont & Blake Investment Advisors Llc bought 49,898 shares as the company’s stock rose 0.21% with the market. The institutional investor held 50,098 shares of the integrated oil company at the end of 2017Q2, valued at $4.04 million, up from 200 at the end of the previous reported quarter. Dumont & Blake Investment Advisors Llc who had been investing in Exxon Mobil Corp for a number of months, seems to be bullish on the $350.62B market cap company. The stock decreased 0.23% or $0.19 during the last trading session, reaching $82.75. About 3.11 million shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since December 19, 2016 and is downtrending. It has underperformed by 25.78% the S&P500.

Brookmont Capital Management decreased its stake in United Parcel Service Inc (UPS) by 4.22% based on its latest 2017Q2 regulatory filing with the SEC. Brookmont Capital Management sold 3,444 shares as the company’s stock declined 3.26% while stock markets rallied. The institutional investor held 78,118 shares of the transportation company at the end of 2017Q2, valued at $8.64M, down from 81,562 at the end of the previous reported quarter. Brookmont Capital Management who had been investing in United Parcel Service Inc for a number of months, seems to be less bullish one the $102.58 billion market cap company. The stock increased 0.19% or $0.23 during the last trading session, reaching $119.04. About 514,770 shares traded. United Parcel Service, Inc. (NYSE:UPS) has risen 2.10% since December 19, 2016 and is uptrending. It has underperformed by 14.60% the S&P500.

Since August 22, 2017, it had 0 insider purchases, and 1 insider sale for $2.02 million activity.

Investors sentiment increased to 1.05 in Q2 2017. Its up 0.07, from 0.98 in 2017Q1. It improved, as 61 investors sold UPS shares while 410 reduced holdings. 91 funds opened positions while 402 raised stakes. 447.95 million shares or 1.37% less from 454.16 million shares in 2017Q1 were reported. Iab Comml Bank owns 9,950 shares for 0.54% of their portfolio. Cacti Asset Mngmt Limited Com invested 3.7% in United Parcel Service, Inc. (NYSE:UPS). Howe Rusling has invested 0.01% in United Parcel Service, Inc. (NYSE:UPS). State Teachers Retirement has 0.32% invested in United Parcel Service, Inc. (NYSE:UPS) for 1.13 million shares. Keating Invest Counselors has 31,410 shares for 1.52% of their portfolio. Capwealth Advsrs Limited Co accumulated 68,019 shares. Veritas Invest Mgmt Llp owns 1,300 shares or 0.02% of their US portfolio. Shamrock Asset Management Ltd Limited Liability Company invested in 0.36% or 5,240 shares. 85,000 are owned by Employees Retirement Sys Of Texas. Bradley Foster And Sargent Incorporated Ct accumulated 0.01% or 2,662 shares. Balyasny Asset Ltd Liability reported 0.04% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Richard C Young reported 2.25% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Smithfield Trust holds 8,378 shares. Stephens Inc Ar accumulated 57,491 shares. City invested in 24,604 shares.

Brookmont Capital Management, which manages about $415.17M and $265.16 million US Long portfolio, upped its stake in Microsoft Corp (NASDAQ:MSFT) by 14,431 shares to 22,395 shares, valued at $1.54M in 2017Q2, according to the filing. It also increased its holding in Royal Dutch Shell Plc by 6,236 shares in the quarter, for a total of 170,788 shares, and has risen its stake in Conocophillips (NYSE:COP).

Analysts await United Parcel Service, Inc. (NYSE:UPS) to report earnings on January, 30. They expect $1.67 EPS, up 2.45% or $0.04 from last year’s $1.63 per share. UPS’s profit will be $1.44B for 17.82 P/E if the $1.67 EPS becomes a reality. After $1.45 actual EPS reported by United Parcel Service, Inc. for the previous quarter, Wall Street now forecasts 15.17% EPS growth.

Among 20 analysts covering United Parcel Service (NYSE:UPS), 8 have Buy rating, 1 Sell and 11 Hold. Therefore 40% are positive. United Parcel Service had 53 analyst reports since July 29, 2015 according to SRatingsIntel. Macquarie Research maintained United Parcel Service, Inc. (NYSE:UPS) on Wednesday, October 28 with “Neutral” rating. The stock of United Parcel Service, Inc. (NYSE:UPS) has “Hold” rating given on Thursday, October 12 by Credit Suisse. Cowen & Co maintained the stock with “Hold” rating in Monday, July 17 report. The stock of United Parcel Service, Inc. (NYSE:UPS) earned “Buy” rating by Aegis Capital on Wednesday, February 8. The rating was maintained by Loop Capital on Friday, October 27 with “Hold”. The stock has “Buy” rating by Oppenheimer on Wednesday, September 20. As per Thursday, October 5, the company rating was maintained by Robert W. Baird. S&P Research maintained United Parcel Service, Inc. (NYSE:UPS) on Wednesday, July 29 with “Buy” rating. The company was maintained on Friday, April 29 by Cowen & Co. The firm earned “Buy” rating on Monday, December 4 by Deutsche Bank.

Investors sentiment decreased to 0.85 in Q2 2017. Its down 0.04, from 0.89 in 2017Q1. It turned negative, as 48 investors sold XOM shares while 822 reduced holdings. 103 funds opened positions while 639 raised stakes. 2.12 billion shares or 0.55% more from 2.10 billion shares in 2017Q1 were reported. Shelton Capital Management has 207,276 shares. Castleark Mgmt Llc invested in 42,430 shares. Management Assoc New York has invested 1.44% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Huntington Comml Bank accumulated 1.92 million shares. Family Firm has 0.6% invested in Exxon Mobil Corporation (NYSE:XOM) for 16,856 shares. Daiwa Sb Investments invested in 2.15% or 97,650 shares. Moors & Cabot Inc owns 150,514 shares. Genesee Valley Trust Com holds 8,232 shares or 0.28% of its portfolio. Spc Fincl Inc owns 6,367 shares. Smith Howard Wealth Mngmt Lc holds 0.19% or 4,906 shares in its portfolio. Cullen Frost Bankers holds 878,638 shares. New York-based Teachers Insur Annuity Association Of America has invested 0.56% in Exxon Mobil Corporation (NYSE:XOM). Pathstone Family Office Ltd Liability Corp holds 0.17% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 8,889 shares. Deltec Asset Mgmt Ltd Liability Co owns 7,060 shares for 0.12% of their portfolio. Moreover, Foster Dykema Cabot And Ma has 0.25% invested in Exxon Mobil Corporation (NYSE:XOM).

Among 26 analysts covering Exxon Mobil (NYSE:XOM), 10 have Buy rating, 6 Sell and 10 Hold. Therefore 38% are positive. Exxon Mobil had 78 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Hold” rating given on Friday, June 23 by Jefferies. The firm has “Hold” rating by Jefferies given on Thursday, October 19. The stock has “Neutral” rating by Bank of America on Thursday, June 2. As per Monday, October 12, the company rating was upgraded by Barclays Capital. The firm earned “Buy” rating on Thursday, July 6 by RBC Capital Markets. Credit Suisse maintained Exxon Mobil Corporation (NYSE:XOM) rating on Monday, May 2. Credit Suisse has “Underperform” rating and $78 target. On Wednesday, November 18 the stock rating was downgraded by Raymond James to “Underperform”. On Monday, October 9 the stock rating was maintained by RBC Capital Markets with “Hold”. The rating was maintained by Piper Jaffray on Thursday, August 24 with “Hold”. On Wednesday, August 12 the stock rating was downgraded by Vetr to “Strong-Buy”.

Since August 4, 2017, it had 0 insider buys, and 5 insider sales for $5.12 million activity. $1.62M worth of Exxon Mobil Corporation (NYSE:XOM) was sold by Corson Bradley W. Milton Bryan W sold 7,281 shares worth $606,082. Shares for $1.81 million were sold by Franklin Robert Stuart on Monday, September 18. 12,000 shares were sold by Chapman Neil A, worth $996,628.

Dumont & Blake Investment Advisors Llc, which manages about $295.66M and $225.62M US Long portfolio, decreased its stake in Abbvie Inc (Call) (NYSE:ABBV) by 21,395 shares to 300 shares, valued at $22,000 in 2017Q2, according to the filing. It also reduced its holding in Metlife Inc (Call) (NYSE:MET) by 39,315 shares in the quarter, leaving it with 3,900 shares, and cut its stake in Huntsman Corp (Put) (NYSE:HUN).