Exxon Mobil (XOM) Stake Held by Bp Plc; As Tractor Supply Co Com (TSCO) Shares Declined, Redmond Asset Management Has Increased Stake by $5.51 Million

January 14, 2018 - By Ellis Scott

Bp Plc increased its stake in Exxon Mobil Corp (XOM) by 5.66% based on its latest 2017Q3 regulatory filing with the SEC. Bp Plc bought 27,000 shares as the company’s stock rose 0.21% with the market. The hedge fund held 504,000 shares of the integrated oil company at the end of 2017Q3, valued at $41.31M, up from 477,000 at the end of the previous reported quarter. Bp Plc who had been investing in Exxon Mobil Corp for a number of months, seems to be bullish on the $370.83B market cap company. The stock increased 0.68% or $0.59 during the last trading session, reaching $87.52. About 9.83M shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since January 14, 2017 and is downtrending. It has underperformed by 25.78% the S&P500.

Redmond Asset Management Llc increased its stake in Tractor Supply Co Com (TSCO) by 570.88% based on its latest 2017Q3 regulatory filing with the SEC. Redmond Asset Management Llc bought 87,527 shares as the company’s stock declined 20.24% while stock markets rallied. The institutional investor held 102,859 shares of the building materials company at the end of 2017Q3, valued at $6.51M, up from 15,332 at the end of the previous reported quarter. Redmond Asset Management Llc who had been investing in Tractor Supply Co Com for a number of months, seems to be bullish on the $10.00B market cap company. The stock increased 1.43% or $1.12 during the last trading session, reaching $79.61. About 2.10 million shares traded. Tractor Supply Company (NASDAQ:TSCO) has declined 37.89% since January 14, 2017 and is downtrending. It has underperformed by 54.59% 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 firm earned “Outperform” rating on Tuesday, December 15 by Credit Agricole. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Hold” rating by RBC Capital Markets on Monday, October 9. The firm has “Buy” rating given on Thursday, May 11 by Bank of America. The rating was downgraded by HSBC to “Reduce” on Tuesday, November 7. Goldman Sachs downgraded the stock to “Neutral” rating in Monday, October 31 report. Barclays Capital maintained the stock with “Overweight” rating in Tuesday, October 10 report. The rating was downgraded by Bank of America on Thursday, June 2 to “Neutral”. Tudor Pickering downgraded the shares of XOM in report on Tuesday, January 26 to “Sell” rating. The rating was upgraded by Goldman Sachs to “Conviction Buy” on Wednesday, July 22. Credit Suisse upgraded the stock to “Neutral” rating in Thursday, March 2 report.

Since August 4, 2017, it had 0 insider purchases, and 6 selling transactions for $5.32 million activity. Corson Bradley W also sold $1.62M worth of Exxon Mobil Corporation (NYSE:XOM) on Monday, December 11. Franklin Robert Stuart sold $1.81M worth of stock. 7,281 Exxon Mobil Corporation (NYSE:XOM) shares with value of $606,082 were sold by Milton Bryan W. Wascom Dennis G sold $200,293 worth of stock or 2,412 shares. 12,000 shares were sold by Chapman Neil A, worth $996,628 on Thursday, December 14.

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. Spc accumulated 0.15% or 7,446 shares. Cap Advsr Incorporated Ok accumulated 1.57M shares or 7.89% of the stock. Halsey Associates Incorporated Ct invested in 1.3% or 80,644 shares. Sonata Cap Group owns 5,272 shares. Alpine Mngmt owns 0.12% invested in Exxon Mobil Corporation (NYSE:XOM) for 4,932 shares. 1.42M are held by Cornerstone Mngmt Ltd Limited Liability Company. Moreover, Bangor Bank has 0.67% invested in Exxon Mobil Corporation (NYSE:XOM). Cohen Management reported 91,050 shares or 1.81% of all its holdings. New York-based Hollow Brook Wealth Mgmt Limited Liability has invested 1.03% in Exxon Mobil Corporation (NYSE:XOM). Carlson Mgmt invested in 0.25% or 10,518 shares. Bell Fincl Bank reported 1.19% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Pioneer Tru State Bank N A Or, Oregon-based fund reported 66,716 shares. Punch Associates Inv Management reported 48,494 shares stake. Texas Yale holds 64,554 shares. Foyston Gordon & Payne Inc invested in 6,145 shares or 0.09% of the stock.

Bp Plc, which manages about $2.82B US Long portfolio, decreased its stake in Altria Group Inc (NYSE:MO) by 65,000 shares to 160,000 shares, valued at $10.14M in 2017Q3, according to the filing. It also reduced its holding in Costco Wholesale Corp (NASDAQ:COST) by 19,500 shares in the quarter, leaving it with 51,500 shares, and cut its stake in Deere Co (NYSE:DE).

Among 26 analysts covering Tractor Supply (NASDAQ:TSCO), 7 have Buy rating, 0 Sell and 19 Hold. Therefore 27% are positive. Tractor Supply had 62 analyst reports since July 23, 2015 according to SRatingsIntel. Robert W. Baird maintained it with “Buy” rating and $66.0 target in Thursday, October 26 report. BMO Capital Markets maintained it with “Hold” rating and $61.0 target in Tuesday, September 26 report. RBC Capital Markets downgraded it to “Sector Perform” rating and $79 target in Thursday, September 8 report. The stock has “Hold” rating by Oppenheimer on Thursday, July 27. The firm has “Hold” rating by KeyBanc Capital Markets given on Tuesday, October 3. The rating was downgraded by UBS to “Neutral” on Monday, October 2. Robert W. Baird maintained it with “Buy” rating and $62.0 target in Friday, August 25 report. The stock has “Neutral” rating by Wedbush on Thursday, September 8. The firm has “Hold” rating given on Monday, October 16 by SunTrust. The stock has “Hold” rating by RBC Capital Markets on Friday, September 8.

Since December 18, 2017, it had 0 insider buys, and 1 insider sale for $2.97 million activity.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

>