Gallagher Fiduciary Advisors Has Lowered Its Holding in Fifth Third Bancorp (FITB) as Stock Declined; Dixon Hubard Feinour & Brown Lowered Its Stake in Exxon Mobil (XOM) by $428,386

June 16, 2018 - By Vivian Park

Fifth Third Bancorp (NASDAQ:FITB) Logo

Dixon Hubard Feinour & Brown Inc decreased its stake in Exxon Mobil Corp (XOM) by 6.57% based on its latest 2018Q1 regulatory filing with the SEC. Dixon Hubard Feinour & Brown Inc sold 5,789 shares as the company’s stock declined 0.16% with the market. The institutional investor held 82,324 shares of the integrated oil company at the end of 2018Q1, valued at $6.14 million, down from 88,113 at the end of the previous reported quarter. Dixon Hubard Feinour & Brown Inc who had been investing in Exxon Mobil Corp for a number of months, seems to be less bullish one the $341.50B market cap company. The stock decreased 1.50% or $1.23 during the last trading session, reaching $80.66. About 23.80M shares traded or 69.12% up from the average. Exxon Mobil Corporation (NYSE:XOM) has declined 3.72% since June 16, 2017 and is downtrending. It has underperformed by 16.29% the S&P500. Some Historical XOM News: 12/04/2018 – EXXONMOBIL XOM.N – PRODUCTION SAFELY RESTARTS AHEAD OF SCHEDULE AT PNG LNG PLANT NEAR PORT MORESBY; 07/03/2018 – Exxon Mobil To Boost Tight-Oil Production Five-Fold From U.S. Permian Basin; 04/05/2018 – ETEnergyWorld: ETEnergyworld | Exxon pushes ahead with Rosneft LNG project despite sanctions; 27/04/2018 – Exxon Misses Full Benefit of Crude Rally on Production Blunder; 13/04/2018 – MA AG: COURT AFFIRMS OFFICE AUTHORITY TO INVESTIGATE XOM; 25/04/2018 – Exxon Advances After Bigger-Than-Expected Dividend Increase; 29/03/2018 – Federal Judge Dismisses Exxon Lawsuit Against Climate-Change Probes; 16/04/2018 – KNEB: Exxon, Chevron Ask EPA for Biofuel Blending Exemptions; 12/04/2018 – EXXONMOBIL XOM.N – ONE TRAIN IS CURRENTLY OPERATING AT LNG PLANT NEAR PORT MORESBY; 09/05/2018 – EXXON BATON ROUGE CRUDE UNIT MAY RETURN TO PRODUCTION EARLY NEXT WEEK

Gallagher Fiduciary Advisors Llc decreased its stake in Fifth Third Bancorp (FITB) by 8.87% based on its latest 2018Q1 regulatory filing with the SEC. Gallagher Fiduciary Advisors Llc sold 684,370 shares as the company’s stock declined 7.11% with the market. The institutional investor held 7.03 million shares of the major banks company at the end of 2018Q1, valued at $223.21 million, down from 7.71M at the end of the previous reported quarter. Gallagher Fiduciary Advisors Llc who had been investing in Fifth Third Bancorp for a number of months, seems to be less bullish one the $21.02B market cap company. The stock decreased 0.55% or $0.17 during the last trading session, reaching $30.67. About 10.96M shares traded or 67.12% up from the average. Fifth Third Bancorp (NASDAQ:FITB) has risen 28.16% since June 16, 2017 and is uptrending. It has outperformed by 15.59% the S&P500. Some Historical FITB News: 21/05/2018 – Fifth Third Pays Premium to Grab Bigger Share of Chicago Market; 08/05/2018 – FINRA – FOUND FIFTH THIRD FAILED TO COMPLY WITH A TERM OF 2009 SETTLEMENT WITH FINRA; 02/04/2018 – GreenSky Has Filed Confidentially for IPO That Could Take Place This Summer; 08/05/2018 – FINRA – FOUND FIFTH THIRD FAILED TO ENSURE REGISTERED REPRESENTATIVES OBTAINED & ASSESSED ACCURATE DATA CONCERNING RECOMMENDED VA EXCHANGES; 25/04/2018 – FIFTH THIRD BANCORP FITB.O : KBW RAISES TARGET PRICE TO $36 FROM $34; 19/03/2018 – Fifth Third Bank Introduces Card-free ATMs; 21/05/2018 – FIFTH THIRD SEES DEAL ADDING TO OPER EPS IN FIRST YR; 21/05/2018 – Fifth Third Bancorp-MB Financial Merger Will Result in a Total Chicago Deposit Market Shr of 6.5%; 21/05/2018 – Fifth Third Bancorp to Merge with MB Financial, Inc. Creating a Leading Retail and Commercial Franchise in the Attractive; 21/05/2018 – Fifth Third fires starting gun on US bank consolidation

Dixon Hubard Feinour & Brown Inc, which manages about $517.77 million and $358.25M US Long portfolio, upped its stake in Vanguard Ftse Emerging Markets (VWO) by 10,330 shares to 86,527 shares, valued at $4.07M in 2018Q1, according to the filing. It also increased its holding in Csx Corp (NYSE:CSX) by 7,482 shares in the quarter, for a total of 14,216 shares, and has risen its stake in Vanguard Value Etf (VTV).

Among 27 analysts covering Exxon Mobil (NYSE:XOM), 11 have Buy rating, 5 Sell and 11 Hold. Therefore 41% are positive. Exxon Mobil had 97 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Wells Fargo on Thursday, March 8 with “Market Perform”. The rating was maintained by Barclays Capital with “Overweight” on Tuesday, October 10. The firm has “Hold” rating given on Friday, January 19 by Jefferies. The firm earned “Underweight” rating on Tuesday, February 6 by Barclays Capital. Jefferies maintained the stock with “Hold” rating in Tuesday, August 29 report. Citigroup maintained the shares of XOM in report on Wednesday, August 19 with “Hold” rating. Howard Weil upgraded Exxon Mobil Corporation (NYSE:XOM) on Monday, June 5 to “Sector Outperform” rating. The firm has “Neutral” rating by UBS given on Wednesday, September 6. The rating was maintained by Jefferies with “Hold” on Tuesday, October 3. Vetr downgraded Exxon Mobil Corporation (NYSE:XOM) rating on Wednesday, August 12. Vetr has “Strong-Buy” rating and $86.25 target.

More notable recent Exxon Mobil Corporation (NYSE:XOM) news were published by: 247Wallst.com which released: “Natural Gas Price Slips on Large Build to Stockpiles” on June 14, 2018, also Seekingalpha.com with their article: “Exxon Mobil bulks up energy trading” published on June 12, 2018, Fool.com published: “3 Stocks for Warren Buffett Fans” on June 12, 2018. More interesting news about Exxon Mobil Corporation (NYSE:XOM) were released by: Seekingalpha.com and their article: “Exxon Mobil: Destined To Underperform?” published on May 22, 2018 as well as Seekingalpha.com‘s news article titled: “Stocks To Watch: Don’t Sleep On Vienna” with publication date: June 16, 2018.

Investors sentiment decreased to 0.81 in 2018 Q1. Its down 0.03, from 0.84 in 2017Q4. It is negative, as 52 investors sold XOM shares while 836 reduced holdings. 121 funds opened positions while 596 raised stakes. 2.15 billion shares or 0.92% less from 2.17 billion shares in 2017Q4 were reported. Freestone Capital Limited stated it has 9,116 shares or 0.04% of all its holdings. Brookmont Capital Mngmt holds 0.41% or 8,309 shares in its portfolio. Segall Bryant Hamill Limited Co holds 175,754 shares. Martin Company Tn holds 0.82% or 33,095 shares. Macroview Inv Mngmt has invested 0.36% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Millennium Management Limited Liability Co has invested 0.03% in Exxon Mobil Corporation (NYSE:XOM). The Kentucky-based Harvey Co Limited Liability Company has invested 2.38% in Exxon Mobil Corporation (NYSE:XOM). Pacific Inv holds 0.69% in Exxon Mobil Corporation (NYSE:XOM) or 41,103 shares. Cap Inv Counsel holds 4.33% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 140,255 shares. Bontempo Ohly Capital Mngmt Limited holds 1.48% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 24,789 shares. Hallmark Capital Mgmt holds 1.94% in Exxon Mobil Corporation (NYSE:XOM) or 213,752 shares. The New Jersey-based Bessemer Group has invested 0.61% in Exxon Mobil Corporation (NYSE:XOM). Auxier Asset holds 0.22% in Exxon Mobil Corporation (NYSE:XOM) or 15,029 shares. Greenwood Gearhart reported 101,582 shares. Horizon Invest Ser Limited Liability Co owns 0.1% invested in Exxon Mobil Corporation (NYSE:XOM) for 3,092 shares.

Analysts await Exxon Mobil Corporation (NYSE:XOM) to report earnings on July, 27. They expect $1.19 EPS, up 52.56% or $0.41 from last year’s $0.78 per share. XOM’s profit will be $5.04 billion for 16.95 P/E if the $1.19 EPS becomes a reality. After $1.09 actual EPS reported by Exxon Mobil Corporation for the previous quarter, Wall Street now forecasts 9.17% EPS growth.

More notable recent Fifth Third Bancorp (NASDAQ:FITB) news were published by: Benzinga.com which released: “Fifth Third Is Worth A Premium Despite Sluggish Loan Growth, Argus Says In Bullish Initiation” on June 14, 2018, also Investorplace.com with their article: “3 Low-Cost Bank Stocks Helping to Move the Market Higher” published on June 12, 2018, Seekingalpha.com published: “Fifth Third Bancorp-MB Financial Merger Marks A New Era For US Banks” on May 23, 2018. More interesting news about Fifth Third Bancorp (NASDAQ:FITB) were released by: Nasdaq.com and their article: “Mid-Day Market Update: Dow Up 300 Points; SenesTech Shares Spike Higher” published on May 21, 2018 as well as Seekingalpha.com‘s news article titled: “Fifth Third to take ‘sizeable hit’ from MB Financial purchase: Jefferies” with publication date: May 21, 2018.

Analysts await Fifth Third Bancorp (NASDAQ:FITB) to report earnings on July, 19 before the open. They expect $0.57 earnings per share, up 23.91% or $0.11 from last year’s $0.46 per share. FITB’s profit will be $390.73 million for 13.45 P/E if the $0.57 EPS becomes a reality. After $0.57 actual earnings per share reported by Fifth Third Bancorp for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Among 34 analysts covering Fifth Third (NASDAQ:FITB), 7 have Buy rating, 2 Sell and 25 Hold. Therefore 21% are positive. Fifth Third had 114 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Robert W. Baird on Monday, June 5. Susquehanna maintained the stock with “Hold” rating in Thursday, January 4 report. The firm has “Hold” rating by Susquehanna given on Tuesday, April 24. The stock of Fifth Third Bancorp (NASDAQ:FITB) has “Buy” rating given on Thursday, September 7 by RBC Capital Markets. The stock has “Hold” rating by Piper Jaffray on Tuesday, January 23. The stock of Fifth Third Bancorp (NASDAQ:FITB) has “Neutral” rating given on Thursday, April 7 by JP Morgan. The firm earned “Hold” rating on Monday, September 25 by Keefe Bruyette & Woods. The firm earned “Perform” rating on Wednesday, July 6 by Oppenheimer. Robert W. Baird maintained the shares of FITB in report on Tuesday, April 24 with “Sell” rating. The firm earned “Sell” rating on Friday, November 3 by Robert W. Baird.

Exxon Mobil Corporation (NYSE:XOM) Institutional Positions Chart

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