As Conocophillips Com (COP) Share Price Declined, Exxonmobil Investment Management Cut by $764,500 Its Holding; As Exxon Mobil (XOM) Stock Value Rose, Qv Investors Has Decreased Position by $4.48 Million

February 17, 2018 - By Vivian Currie

Qv Investors Inc decreased its stake in Exxon Mobil Corp (XOM) by 20.05% based on its latest 2017Q3 regulatory filing with the SEC. Qv Investors Inc sold 55,320 shares as the company’s stock rose 0.21% with the market. The institutional investor held 220,531 shares of the integrated oil company at the end of 2017Q3, valued at $18.08M, down from 275,851 at the end of the previous reported quarter. Qv Investors Inc who had been investing in Exxon Mobil Corp for a number of months, seems to be less bullish one the $324.45B 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 5.21% up from the average. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since February 17, 2017 and is downtrending. It has underperformed by 25.78% the S&P500.

Exxonmobil Investment Management Inc decreased its stake in Conocophillips Com (COP) by 6.44% based on its latest 2017Q3 regulatory filing with the SEC. Exxonmobil Investment Management Inc sold 15,290 shares as the company’s stock declined 0.06% while stock markets rallied. The institutional investor held 222,232 shares of the integrated oil company at the end of 2017Q3, valued at $11.12 million, down from 237,522 at the end of the previous reported quarter. Exxonmobil Investment Management Inc who had been investing in Conocophillips Com for a number of months, seems to be less bullish one the $64.33B market cap company. The stock increased 0.20% or $0.11 during the last trading session, reaching $54.65. About 5.07 million shares traded. ConocoPhillips (NYSE:COP) has risen 9.50% since February 17, 2017 and is uptrending. It has underperformed by 7.20% the S&P500.

Among 25 analysts covering ConocoPhillips (NYSE:COP), 17 have Buy rating, 1 Sell and 7 Hold. Therefore 68% are positive. ConocoPhillips had 91 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, March 30 by UBS. Jefferies upgraded the stock to “Buy” rating in Wednesday, May 17 report. The company was maintained on Friday, July 14 by RBC Capital Markets. As per Thursday, January 18, the company rating was maintained by Cowen & Co. The firm earned “Peer Perform” rating on Thursday, February 11 by Wolfe Research. CLSA downgraded ConocoPhillips (NYSE:COP) on Tuesday, November 15 to “Underperform” rating. The firm has “Buy” rating by Citigroup given on Friday, April 29. The firm has “Overweight” rating by Barclays Capital given on Tuesday, January 12. The company was maintained on Friday, October 27 by Barclays Capital. Piper Jaffray maintained ConocoPhillips (NYSE:COP) rating on Tuesday, January 23. Piper Jaffray has “Buy” rating and $63.0 target.

Investors sentiment decreased to 0.63 in 2017 Q3. Its down 0.08, from 0.71 in 2017Q2. It is negative, as 62 investors sold COP shares while 536 reduced holdings. 91 funds opened positions while 283 raised stakes. 814.86 million shares or 0.93% less from 822.50 million shares in 2017Q2 were reported. D E Shaw And has invested 0.09% of its portfolio in ConocoPhillips (NYSE:COP). Commonwealth Of Pennsylvania Pub School Empls Retrmt System holds 129,255 shares or 0.1% of its portfolio. Inverness Counsel Limited Liability New York accumulated 31,610 shares. Rothschild Asset Mgmt reported 1.19 million shares. Guardian Invest Mngmt invested 1.15% of its portfolio in ConocoPhillips (NYSE:COP). Dubuque Comml Bank And Tru has invested 0.06% in ConocoPhillips (NYSE:COP). Leavell Invest Management accumulated 12,357 shares. The Tennessee-based Pope Asset Mgmt Limited Liability has invested 3.14% in ConocoPhillips (NYSE:COP). Ameriprise Fincl holds 0.21% in ConocoPhillips (NYSE:COP) or 8.81 million shares. Moller Fincl Svcs owns 0.11% invested in ConocoPhillips (NYSE:COP) for 5,653 shares. Cornerstone accumulated 40,000 shares. Cleararc Capital invested in 31,261 shares. Seaward LP stated it has 0.18% of its portfolio in ConocoPhillips (NYSE:COP). Glg Lc owns 62,335 shares. Engineers Gate Manager Ltd Partnership holds 0.51% of its portfolio in ConocoPhillips (NYSE:COP) for 120,000 shares.

Exxonmobil Investment Management Inc, which manages about $3.95 billion US Long portfolio, upped its stake in Ishares Core S P 500 Etf (IVV) by 2,000 shares to 55,995 shares, valued at $14.16 million in 2017Q3, according to the filing. It also increased its holding in Cboe Holdings Inc Com (NASDAQ:CBOE) by 2,955 shares in the quarter, for a total of 20,595 shares, and has risen its stake in Autodesk Inc Com (NASDAQ:ADSK).

Since September 18, 2017, it had 0 insider purchases, and 5 sales for $5.23 million activity. The insider Corson Bradley W sold 19,500 shares worth $1.62M. $200,293 worth of stock was sold by Wascom Dennis G on Friday, December 15. Another trade for 7,281 shares valued at $606,082 was made by Milton Bryan W on Tuesday, December 12. Franklin Robert Stuart sold $1.81M worth of stock or 22,656 shares.

Investors sentiment is 0.85 in Q3 2017. 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. Weik Investment Svcs reported 19,459 shares. Clarivest Asset Mngmt Lc holds 0.01% or 4,640 shares. Shelton Management holds 1.38% in Exxon Mobil Corporation (NYSE:XOM) or 217,251 shares. Thompson Davis Company stated it has 4,927 shares. Gradient Investments Lc invested in 0.15% or 27,822 shares. Birmingham Mngmt Communications Al has 47,901 shares. Moreover, New England Investment And Retirement Gp has 1.53% invested in Exxon Mobil Corporation (NYSE:XOM). Community National Bank & Trust Of Raymore has invested 1.05% in Exxon Mobil Corporation (NYSE:XOM). Moreover, Canandaigua Bank & Trust & Tru has 4% invested in Exxon Mobil Corporation (NYSE:XOM). Grisanti Cap Management Ltd Llc stated it has 4,937 shares. Moreover, Curbstone Management has 1.6% invested in Exxon Mobil Corporation (NYSE:XOM). Kentucky Retirement Insurance Tru Fund stated it has 1.63% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Alpine Management Ltd Liability holds 4,932 shares or 0.12% of its portfolio. Moreover, Cincinnati Insurance has 3.16% invested in Exxon Mobil Corporation (NYSE:XOM) for 1.29 million shares. Cypress Mngmt Limited Co holds 104,750 shares or 1.82% of its portfolio.

Qv Investors Inc, which manages about $1.19B US Long portfolio, upped its stake in Varex Imaging Corp by 323,703 shares to 2.09 million shares, valued at $70.86 million in 2017Q3, according to the filing. It also increased its holding in Winmark Corp (NASDAQ:WINA) by 43,333 shares in the quarter, for a total of 174,538 shares, and has risen its stake in Autozone Inc (NYSE:AZO).

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. As per Thursday, May 11, the company rating was upgraded by Bank of America. The company was downgraded on Tuesday, November 7 by HSBC. The rating was maintained by Piper Jaffray on Thursday, October 5 with “Hold”. The firm has “Neutral” rating by UBS given on Wednesday, September 6. Barclays Capital upgraded the shares of XOM in report on Tuesday, July 11 to “Overweight” rating. The stock has “Hold” rating by BMO Capital Markets on Wednesday, January 10. The firm earned “Hold” rating on Tuesday, March 29 by Deutsche Bank. The stock has “Sell” rating by Tudor Pickering on Tuesday, January 26. Credit Suisse upgraded the stock to “Neutral” rating in Thursday, March 2 report. Goldman Sachs maintained the shares of XOM in report on Friday, March 18 with “Conviction Buy” rating.

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