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Mairs & Power Decreased Its Stake in Exxon Mobil (XOM) by $5.95 Million as Stock Declined; Sit Investment Associates Has Trimmed Holding in Metlife (MET) by $12.32 Million as Market Valuation Declined

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Mairs & Power Inc decreased its stake in Exxon Mobil (XOM) by 8.79% based on its latest 2017Q4 regulatory filing with the SEC. Mairs & Power Inc sold 71,669 shares as the company’s stock declined 12.23% with the market. The institutional investor held 743,247 shares of the integrated oil company at the end of 2017Q4, valued at $62.17M, down from 814,916 at the end of the previous reported quarter. Mairs & Power Inc who had been investing in Exxon Mobil for a number of months, seems to be less bullish one the $345.23B market cap company. The stock decreased 0.59% or $0.48 during the last trading session, reaching $81.54. About 6.64 million shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.29% since May 17, 2017 and is downtrending. It has underperformed by 20.84% the S&P500.

Sit Investment Associates Inc decreased its stake in Metlife Inc (MET) by 99.94% based on its latest 2017Q4 regulatory filing with the SEC. Sit Investment Associates Inc sold 246,325 shares as the company’s stock declined 10.38% with the market. The institutional investor held 139 shares of the finance company at the end of 2017Q4, valued at $7,000, down from 246,464 at the end of the previous reported quarter. Sit Investment Associates Inc who had been investing in Metlife Inc for a number of months, seems to be less bullish one the $48.84 billion market cap company. The stock increased 0.32% or $0.155 during the last trading session, reaching $48.045. About 1.98 million shares traded. MetLife, Inc. (NYSE:MET) has declined 1.24% since May 17, 2017 and is downtrending. It has underperformed by 12.79% the S&P500.

Investors sentiment decreased to 0.84 in Q4 2017. Its down 0.01, from 0.85 in 2017Q3. It fall, as 48 investors sold XOM shares while 819 reduced holdings. 123 funds opened positions while 603 raised stakes. 2.17 billion shares or 1.92% more from 2.13 billion shares in 2017Q3 were reported. Bluefin Trading Limited Com invested 0.11% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Prentiss Smith And Com invested in 1.1% or 26,916 shares. Graham Cap Limited Partnership has 30,176 shares. Kepos Capital LP has 57,618 shares for 0.43% of their portfolio. 3,110 were accumulated by Trillium Asset Mngmt Ltd Com. Lowe Brockenbrough Incorporated reported 3.56% in Exxon Mobil Corporation (NYSE:XOM). London Com Of Virginia holds 19,052 shares. Martin And Tn has 33,634 shares. Finance Advisory Serv owns 23,960 shares for 0.53% of their portfolio. Fincl Mgmt reported 27,632 shares stake. Moreover, Driehaus Cap Mngmt Lc has 0.03% invested in Exxon Mobil Corporation (NYSE:XOM). Principal Fincl Gru holds 0.65% in Exxon Mobil Corporation (NYSE:XOM) or 8.48 million shares. Ruggie Grp has 0.17% invested in Exxon Mobil Corporation (NYSE:XOM). East Coast Asset Management Limited Liability Com, a Massachusetts-based fund reported 6,690 shares. Barr E S Communications invested in 3.02% or 355,514 shares.

Analysts await Exxon Mobil Corporation (NYSE:XOM) to report earnings on July, 27. They expect $1.16 EPS, up 48.72% or $0.38 from last year’s $0.78 per share. XOM’s profit will be $4.91B for 17.57 P/E if the $1.16 EPS becomes a reality. After $1.09 actual EPS reported by Exxon Mobil Corporation for the previous quarter, Wall Street now forecasts 6.42% EPS growth.

Among 26 analysts covering Exxon Mobil (NYSE:XOM), 10 have Buy rating, 5 Sell and 11 Hold. Therefore 38% are positive. Exxon Mobil had 95 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Equal-Weight” rating on Monday, October 12 by Barclays Capital. The firm has “Neutral” rating by Bank of America given on Thursday, June 2. The firm has “Hold” rating given on Thursday, July 27 by Jefferies. Goldman Sachs upgraded the shares of XOM in report on Wednesday, July 22 to “Conviction Buy” rating. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Neutral” rating by Jefferies on Friday, April 7. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Underweight” rating given on Tuesday, February 6 by Barclays Capital. The firm has “Buy” rating by Scotia Capital given on Monday, June 5. Barclays Capital upgraded Exxon Mobil Corporation (NYSE:XOM) on Tuesday, July 11 to “Overweight” rating. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Hold” rating given on Monday, April 23 by Raymond James. The rating was downgraded by Tudor Pickering on Tuesday, January 26 to “Sell”.

Since December 11, 2017, it had 0 insider buys, and 4 insider sales for $3.42 million activity. Corson Bradley W also sold $1.62 million worth of Exxon Mobil Corporation (NYSE:XOM) shares. Milton Bryan W also sold $606,082 worth of Exxon Mobil Corporation (NYSE:XOM) shares. Another trade for 2,412 shares valued at $200,293 was sold by Wascom Dennis G.

More notable recent Exxon Mobil Corporation (NYSE:XOM) news were published by: Nasdaq.com which released: “What’s Next For Oil?” on May 16, 2018, also Seekingalpha.com with their article: “Exxon: Is The Bottom In?” published on May 04, 2018, Seekingalpha.com published: “Exxon Loses An Enemy” on May 08, 2018. More interesting news about Exxon Mobil Corporation (NYSE:XOM) were released by: Seekingalpha.com and their article: “Exxon Mobil’s Fair Value Is $78 Per Share” published on May 14, 2018 as well as Seekingalpha.com‘s news article titled: “Exxon Mobil: Has The Paradigm Shifted?” with publication date: April 25, 2018.

Mairs & Power Inc, which manages about $7.72 billion and $8.62 billion US Long portfolio, upped its stake in Premier Inc Cl A (NASDAQ:PINC) by 49,400 shares to 359,839 shares, valued at $10.50M in 2017Q4, according to the filing. It also increased its holding in Cyberoptics Corp (NASDAQ:CYBE) by 30,500 shares in the quarter, for a total of 224,700 shares, and has risen its stake in Black Hills Corp (NYSE:BKH).

Analysts await MetLife, Inc. (NYSE:MET) to report earnings on August, 1. They expect $1.18 EPS, down 9.23% or $0.12 from last year’s $1.3 per share. MET’s profit will be $1.20 billion for 10.18 P/E if the $1.18 EPS becomes a reality. After $1.36 actual EPS reported by MetLife, Inc. for the previous quarter, Wall Street now forecasts -13.24% negative EPS growth.

More news for MetLife, Inc. (NYSE:MET) were recently published by: Businesswire.com, which released: “MetLife Launches PlanSmart” on May 16, 2018. Seekingalpha.com‘s article titled: “MetLife, Inc. 2018 Q1 – Results – Earnings Call Slides” and published on May 03, 2018 is yet another important article.

Sit Investment Associates Inc, which manages about $6.54 billion and $4.19 billion US Long portfolio, upped its stake in Putnam Municipal Opportunities (NYSE:PMO) by 28,298 shares to 322,320 shares, valued at $3.98M in 2017Q4, according to the filing. It also increased its holding in General Amern Invs Co Gam (NYSE:GAM) by 73,234 shares in the quarter, for a total of 210,265 shares, and has risen its stake in First Trust Aberdeen Global Op (FAM).

Investors sentiment increased to 1.02 in Q4 2017. Its up 0.13, from 0.89 in 2017Q3. It is positive, as 45 investors sold MET shares while 330 reduced holdings. 93 funds opened positions while 290 raised stakes. 782.94 million shares or 0.24% less from 784.85 million shares in 2017Q3 were reported. Lsv Asset has 3.83M shares. Sit Investment Inc invested in 0% or 139 shares. Mariner Wealth Advsrs Ltd Com holds 0.01% of its portfolio in MetLife, Inc. (NYSE:MET) for 3,982 shares. Winch Advisory Serv Lc has invested 0.01% of its portfolio in MetLife, Inc. (NYSE:MET). Lombard Odier Asset Mgmt (Europe) Limited invested in 0.03% or 10,319 shares. Oakworth Incorporated owns 1,376 shares. Janney Montgomery Scott Ltd reported 0.41% stake. Qs Invsts Ltd Liability holds 18,573 shares. Wagner Bowman Corp invested in 0.22% or 15,965 shares. Stephens Inc Ar has 0.26% invested in MetLife, Inc. (NYSE:MET). 115,450 are owned by Cullinan Associate Inc. Verity Verity Ltd Liability Com reported 45,263 shares. Boston invested in 1.93M shares or 0.12% of the stock. Sandy Spring Natl Bank holds 0.01% or 2,375 shares in its portfolio. Kentucky-based Kentucky Retirement Sys has invested 0.23% in MetLife, Inc. (NYSE:MET).

Exxon Mobil Corporation (NYSE:XOM) Institutional Positions Chart

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