American Investment Services Has Raised Stake in Exxon Mobil (XOM) by $2.24 Million; As Canadian Pac Ry LTD (CP) Shares Rose, Marianas Fund Management Upped Holding

February 19, 2018 - By wolcottdaily

American Investment Services Inc increased its stake in Exxon Mobil Corp (XOM) by 52.66% based on its latest 2017Q3 regulatory filing with the SEC. American Investment Services Inc bought 27,676 shares as the company’s stock rose 0.21% with the market. The institutional investor held 80,234 shares of the integrated oil company at the end of 2017Q3, valued at $6.58M, up from 52,558 at the end of the previous reported quarter. American Investment Services Inc who had been investing in Exxon Mobil Corp for a number of months, seems to be bullish on the $324.45 billion market cap company. 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.

Marianas Fund Management Llc increased its stake in Canadian Pac Ry Ltd (CP) by 59.54% based on its latest 2017Q3 regulatory filing with the SEC. Marianas Fund Management Llc bought 20,900 shares as the company’s stock rose 4.01% with the market. The institutional investor held 56,000 shares of the railroads company at the end of 2017Q3, valued at $9.41M, up from 35,100 at the end of the previous reported quarter. Marianas Fund Management Llc who had been investing in Canadian Pac Ry Ltd for a number of months, seems to be bullish on the $26.47B market cap company. The stock increased 0.67% or $1.23 during the last trading session, reaching $185.52. About 720,931 shares traded or 38.83% up from the average. Canadian Pacific Railway Limited (NYSE:CP) has risen 21.39% since February 19, 2017 and is uptrending. It has outperformed by 4.69% the S&P500.

Among 28 analysts covering Canadian Pacific (NYSE:CP), 20 have Buy rating, 0 Sell and 8 Hold. Therefore 71% are positive. Canadian Pacific had 69 analyst reports since September 30, 2015 according to SRatingsIntel. Citigroup maintained the shares of CP in report on Friday, October 2 with “Buy” rating. As per Thursday, August 11, the company rating was initiated by Atlantic Securities. Cowen & Co maintained the shares of CP in report on Friday, July 28 with “Buy” rating. The firm has “Buy” rating given on Friday, September 29 by Cowen & Co. Morgan Stanley reinitiated the shares of CP in report on Friday, June 3 with “Overweight” rating. The firm has “Hold” rating given on Wednesday, October 21 by TD Securities. The stock of Canadian Pacific Railway Limited (NYSE:CP) has “Outperform” rating given on Wednesday, October 21 by Cowen & Co. On Tuesday, February 13 the stock rating was upgraded by Goldman Sachs to “Buy”. As per Thursday, January 19, the company rating was maintained by Cowen & Co. The firm has “Buy” rating by Loop Capital given on Thursday, August 24.

Marianas Fund Management Llc, which manages about $526.70 million and $58.13 million US Long portfolio, decreased its stake in Alphabet Inc by 3,000 shares to 3,000 shares, valued at $2.92 million in 2017Q3, according to the filing.

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. BMO Capital Markets maintained the shares of XOM in report on Wednesday, October 18 with “Hold” rating. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Hold” rating by Jefferies on Wednesday, December 20. The firm has “Hold” rating by Piper Jaffray given on Thursday, August 24. Barclays Capital maintained the stock with “Overweight” rating in Tuesday, October 10 report. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Underperform” rating given on Wednesday, October 18 by Morgan Stanley. The stock has “Neutral” rating by Citigroup on Friday, July 21. The firm earned “Sell” rating on Thursday, January 19 by UBS. RBC Capital Markets maintained Exxon Mobil Corporation (NYSE:XOM) rating on Thursday, July 20. RBC Capital Markets has “Hold” rating and $8800 target. Wells Fargo downgraded the stock to “Market Perform” rating in Wednesday, January 11 report. RBC Capital Markets reinitiated the stock with “Buy” rating in Thursday, July 6 report.

Since September 18, 2017, it had 0 insider purchases, and 5 selling transactions for $5.23 million activity. On Friday, December 15 the insider Wascom Dennis G sold $200,293. The insider Chapman Neil A sold 12,000 shares worth $996,628. Shares for $1.62M were sold by Corson Bradley W. 7,281 shares were sold by Milton Bryan W, worth $606,082.

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