Thompson Investment Management Trimmed Exxon Mobil Com (XOM) Position; Independent Bank (INDB) Has 1.17 Sentiment

February 19, 2018 - By Dolores Ford

Independent Bank Corp. operates as the bank holding firm for Rockland Trust Company that provides commercial banking services and products to individuals and small-to-medium sized businesses primarily in Massachusetts. The company has market cap of $2.00 billion. The companyÂ’s services and products include demand deposits and time certificates of deposit, as well as checking, money market, and savings accounts. It has a 22.84 P/E ratio. The Company’s loan portfolio includes commercial loans, such as commercial and industrial, asset-based, commercial real estate, commercial construction, and small business loans; consumer real estate loans, including residential mortgages, home equity loans, and loans for the construction of residential properties; and other consumer loans, such as personal loans.

Thompson Investment Management Inc decreased Exxon Mobil Corp Com (XOM) stake by 12.56% reported in 2017Q3 SEC filing. Thompson Investment Management Inc sold 33,621 shares as Exxon Mobil Corp Com (XOM)’s stock rose 0.21%. The Thompson Investment Management Inc holds 234,112 shares with $19.19M value, down from 267,733 last quarter. Exxon Mobil Corp Com now has $324.45 billion valuation. The stock increased 0.43% or $0.33 during the last trading session, reaching $76.54. About 13.72M shares traded or 4.75% up from the average. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since February 19, 2017 and is downtrending. It has underperformed by 25.78% the S&P500.

Among 26 analysts covering Exxon Mobil (NYSE:XOM), 9 have Buy rating, 7 Sell and 10 Hold. Therefore 35% are positive. Exxon Mobil had 88 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Deutsche Bank with “Hold” on Tuesday, March 29. The firm has “Neutral” rating given on Monday, October 31 by Goldman Sachs. The firm has “Hold” rating by Credit Suisse given on Monday, December 11. Barclays Capital maintained the stock with “Underweight” rating in Thursday, September 3 report. The company was maintained on Monday, May 2 by Credit Suisse. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Underweight” rating by Morgan Stanley on Wednesday, January 24. As per Friday, July 21, the company rating was maintained by Citigroup. The firm has “Overweight” rating by Barclays Capital given on Tuesday, July 11. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Buy” rating given on Tuesday, September 19 by Cowen & Co. Piper Jaffray maintained Exxon Mobil Corporation (NYSE:XOM) on Thursday, August 17 with “Hold” rating.

Investors sentiment is 0.85 in 2017 Q3. Its the same as in 2017Q2. It is the same, 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. 24,694 were reported by Covington Inv Advisors Incorporated. 7,700 were reported by First Mercantile Trust Co. Fiduciary Tru Company owns 901,670 shares or 2.27% of their US portfolio. 42,662 were accumulated by Paradigm Financial Ltd Liability Corp. Moreover, Td Cap Mngmt Ltd Liability has 0.08% invested in Exxon Mobil Corporation (NYSE:XOM) for 3,226 shares. Cullen Capital Management Ltd Llc has 554,480 shares. Atwood & Palmer accumulated 45,994 shares or 0.55% of the stock. 94,324 were reported by Duncker Streett And Com. Moreover, Mycio Wealth Prtn Lc has 0.42% invested in Exxon Mobil Corporation (NYSE:XOM). 8,083 were accumulated by Lafleur And Godfrey Limited Liability Company. M Kraus holds 18,352 shares. Compton Cap Mgmt Ri invested in 2.79% or 75,926 shares. Bowen Hanes And holds 88,051 shares or 0.34% of its portfolio. 301,542 are held by Lowe Brockenbrough Company. Cetera Advisor Net Ltd Company owns 1% invested in Exxon Mobil Corporation (NYSE:XOM) for 269,780 shares.

Since September 18, 2017, it had 0 buys, and 5 sales for $5.23 million activity. $1.62M worth of Exxon Mobil Corporation (NYSE:XOM) was sold by Corson Bradley W on Monday, December 11. On Friday, December 15 the insider Wascom Dennis G sold $200,293. The insider Chapman Neil A sold $996,628. Franklin Robert Stuart also sold $1.81M worth of Exxon Mobil Corporation (NYSE:XOM) on Monday, September 18. Milton Bryan W sold 7,281 shares worth $606,082.

Since January 1, 0001, it had 0 insider buys, and 4 insider sales for $264,428 activity.

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