Exxon Mobil (XOM) Holder American Research & Management Raised Its Holding by $1.00 Million as Market Value Rose; Hightower Advisors Has Decreased Its Jacobs Engr Group Del (JEC) Holding by $1.04 Million

September 14, 2018 - By Matt Emery

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Hightower Advisors Llc decreased its stake in Jacobs Engr Group Inc Del (JEC) by 81.91% based on its latest 2018Q2 regulatory filing with the SEC. Hightower Advisors Llc sold 16,178 shares as the company’s stock rose 14.51% with the market. The institutional investor held 3,574 shares of the military and government and technical company at the end of 2018Q2, valued at $229,000, down from 19,752 at the end of the previous reported quarter. Hightower Advisors Llc who had been investing in Jacobs Engr Group Inc Del for a number of months, seems to be less bullish one the $10.75 billion market cap company. The stock increased 0.69% or $0.52 during the last trading session, reaching $75.75. About 128,943 shares traded. Jacobs Engineering Group Inc. (NYSE:JEC) has risen 34.15% since September 14, 2017 and is uptrending. It has outperformed by 18.53% the S&P500. Some Historical JEC News: 12/04/2018 – PAUL JACOBS SEEKING FUNDING TO TRY TO TAKE CHIPMAKER PRIVATE; 16/03/2018 – CNBC Now: BREAKING: Qualcomm says Paul Jacobs will no be re-nominated to its board; it reached decision “following his; 05/04/2018 – “Any world class program is going to have to equip students in this field to compete,” says John Jacobs, executive director of Georgetown University’s McDonough School of Business; 02/04/2018 – RESONANT – WILL ALSO NOMINATE AS INDEPENDENT DIRECTORS JACK JACOBS, RETIRED COLONEL UNITED STATES ARMY & JOSH JACOBS, EXECUTIVE CHAIRMAN OF THE MAVEN; 09/03/2018 QUALCOMM INC – PAUL JACOBS TO CONTINUE TO SERVE ON BOARD; EXECUTIVE CHAIRMAN ROLE DISCONTINUED; 27/03/2018 – Jacobs Secures Multi-Discipline Contract from Naval Facilities Engineering Command Southwest; 08/05/2018 – JACOBS ENGINEERING GROUP INC – TRACKING ON PLAN TO ACHIEVE COST SYNERGIES FROM CH2M ACQUISITION; 25/05/2018 – Medibio Corporate Health Extends Global Footprint Signing Contract with Jacobs Engineering; 25/04/2018 – Jacobs Selected by ENCINA for New BTX Plant in Wyoming; 09/03/2018 – Paul Jacobs out as chairman of Qualcomm

American Research & Management increased its stake in Exxon Mobil Corp (XOM) by 10.08% based on its latest 2018Q2 regulatory filing with the SEC. American Research & Management bought 12,223 shares as the company’s stock rose 1.99% with the market. The institutional investor held 133,446 shares of the integrated oil company at the end of 2018Q2, valued at $11.04 million, up from 121,223 at the end of the previous reported quarter. American Research & Management who had been investing in Exxon Mobil Corp for a number of months, seems to be bullish on the $348.74B market cap company. The stock increased 0.06% or $0.05 during the last trading session, reaching $82.37. About 1.21M shares traded. Exxon Mobil Corporation (NYSE:XOM) has risen 4.57% since September 14, 2017 and is uptrending. It has underperformed by 11.05% the S&P500. Some Historical XOM News: 14/05/2018 – EXXONMOBIL XOM.N : CITIGROUP RAISES TARGET PRICE TO $80 FROM $73; 15/03/2018 – ExxonMobil Senior Vice President Mark Albers to Retire; 29/03/2018 – EXXON TO CONTINUE LOOKING AT OPPORTUNITIES IN BRAZIL: LACERDA; 27/04/2018 – EXXON HAS 27 OPERATING RIGS IN PERMIAN BASIN, 4 IN BAKKEN; 27/04/2018 – EXXON INVESTOR RELATIONS HEAD JEFF WOODBURY COMMENTS ON CALL; 14/03/2018 – ExxonMobil expects to resume paying Australian corporate tax in 2021; 11/04/2018 – EXXONMOBIL- SIZE OF NATURAL GAS RESOURCE AT P’NYANG FIELD IN PAPUA NEW GUINEA INCREASED 84 PERCENT FROM PREVIOUS ASSESSMENT COMPLETED IN 2012; 29/03/2018 – EXXON CLIMATE CHANGE RETALIATION SUIT TOSSED OUT; 21/05/2018 – Exxon Baytown refinery begins gasoline unit overhaul; 29/03/2018 – DUTCH CABINET CONFIRMS INTENTION TO EVENTUALLY LOWER GRONINGEN PRODUCTION TO 12 BCM – ECONOMY MINISTER

American Research & Management, which manages about $343.97M and $287.83M US Long portfolio, decreased its stake in Adobe Sys Inc (NASDAQ:ADBE) by 3,224 shares to 40,161 shares, valued at $9.79 million in 2018Q2, according to the filing. It also reduced its holding in Fiserv Inc (NASDAQ:FISV) by 7,856 shares in the quarter, leaving it with 125,964 shares, and cut its stake in Automatic Data Processing In (NASDAQ:ADP).

Investors sentiment increased to 0.93 in Q2 2018. Its up 0.12, from 0.81 in 2018Q1. It is positive, as 42 investors sold XOM shares while 768 reduced holdings. 118 funds opened positions while 634 raised stakes. 2.16 billion shares or 0.62% more from 2.15 billion shares in 2018Q1 were reported. Compton Cap Management Incorporated Ri owns 77,723 shares. Smith Chas P & Assocs Pa Cpas reported 358,858 shares. Focused Wealth Mngmt reported 20,298 shares or 0.58% of all its holdings. Sterling Management Ltd Llc accumulated 363,883 shares or 0.28% of the stock. Gemmer Asset Management Lc holds 0.09% in Exxon Mobil Corporation (NYSE:XOM) or 3,229 shares. Chem Bankshares reported 146,655 shares. Neville Rodie And Shaw reported 5.17% stake. Country Natl Bank stated it has 368,241 shares. Waters Parkerson & Co Lc has invested 2.92% in Exxon Mobil Corporation (NYSE:XOM). Hl Financial Ltd Liability Co owns 826,687 shares. Toth Financial Advisory reported 7,001 shares stake. Union Bancorp Corp has 107,148 shares for 2.88% of their portfolio. Paragon Ltd holds 8,560 shares. Spectrum Asset Mngmt Inc (Nb Ca) has invested 0.79% in Exxon Mobil Corporation (NYSE:XOM). Greenwood Gearhart Inc invested in 2.58% or 104,347 shares.

Among 28 analysts covering Exxon Mobil (NYSE:XOM), 11 have Buy rating, 5 Sell and 12 Hold. Therefore 39% are positive. Exxon Mobil had 100 analyst reports since July 22, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Neutral” rating in Friday, April 7 report. The rating was maintained by Cowen & Co with “Buy” on Friday, January 19. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Buy” rating by Cowen & Co on Tuesday, September 19. The firm has “Hold” rating given on Wednesday, January 10 by BMO Capital Markets. Morgan Stanley maintained Exxon Mobil Corporation (NYSE:XOM) on Wednesday, October 18 with “Underperform” rating. Macquarie Research initiated it with “Underperform” rating and $60 target in Wednesday, September 23 report. The rating was downgraded by Goldman Sachs on Monday, October 31 to “Neutral”. The rating was downgraded by Wells Fargo on Wednesday, January 11 to “Market Perform”. On Wednesday, May 18 the stock rating was upgraded by Argus Research to “Buy”. BMO Capital Markets maintained Exxon Mobil Corporation (NYSE:XOM) on Monday, May 1 with “Hold” rating.

More notable recent Exxon Mobil Corporation (NYSE:XOM) news were published by: Seekingalpha.com which released: “Exxon Mobil: Not Near The Ledge” on August 21, 2018, also Seekingalpha.com with their article: “Exxon Mobil Is At A Turning Point” published on August 24, 2018, 247Wallst.com published: “Major Oil Stocks Send Short Sellers Running for Cover” on September 13, 2018. More interesting news about Exxon Mobil Corporation (NYSE:XOM) were released by: Seekingalpha.com and their article: “Can Exxon Mobil Retest Prior Highs?” published on September 07, 2018 as well as 247Wallst.com‘s news article titled: “4 Dividend Energy Stocks to Own as $80 Oil Could Happen This Fall” with publication date: September 14, 2018.

Hightower Advisors Llc, which manages about $15.08 billion and $12.77 billion US Long portfolio, upped its stake in British Amern Tob Plc (NYSEMKT:BTI) by 27,531 shares to 63,686 shares, valued at $3.21 million in 2018Q2, according to the filing. It also increased its holding in Dover Corp (NYSE:DOV) by 11,449 shares in the quarter, for a total of 68,502 shares, and has risen its stake in Tableau Software Inc (NYSE:DATA).

Since May 22, 2018, it had 1 buy, and 1 insider sale for $210,231 activity. 4,000 Jacobs Engineering Group Inc. (NYSE:JEC) shares with value of $256,393 were bought by Thompson Christopher M.T..

Analysts await Jacobs Engineering Group Inc. (NYSE:JEC) to report earnings on November, 20. They expect $1.21 earnings per share, up 23.47% or $0.23 from last year’s $0.98 per share. JEC’s profit will be $171.70M for 15.65 P/E if the $1.21 EPS becomes a reality. After $1.35 actual earnings per share reported by Jacobs Engineering Group Inc. for the previous quarter, Wall Street now forecasts -10.37% negative EPS growth.

Among 21 analysts covering Jacobs Engineering Group Inc. (NYSE:JEC), 13 have Buy rating, 0 Sell and 8 Hold. Therefore 62% are positive. Jacobs Engineering Group Inc. had 66 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Hold” rating by Jefferies given on Thursday, June 15. The firm has “Buy” rating given on Tuesday, April 3 by Goldman Sachs. The rating was upgraded by Macquarie Research to “Neutral” on Wednesday, May 9. The stock of Jacobs Engineering Group Inc. (NYSE:JEC) earned “Neutral” rating by DA Davidson on Wednesday, November 16. The company was maintained on Thursday, October 5 by KeyBanc Capital Markets. On Thursday, February 8 the stock rating was maintained by Bank of America with “Neutral”. As per Wednesday, May 9, the company rating was upgraded by Vertical Research. FBR Capital maintained Jacobs Engineering Group Inc. (NYSE:JEC) rating on Friday, August 12. FBR Capital has “Mkt Perform” rating and $55 target. On Thursday, March 29 the stock rating was maintained by UBS with “Buy”. Standpoint Research upgraded Jacobs Engineering Group Inc. (NYSE:JEC) on Tuesday, September 1 to “Buy” rating.

Investors sentiment decreased to 0.88 in 2018 Q2. Its down 0.16, from 1.04 in 2018Q1. It worsened, as 37 investors sold JEC shares while 171 reduced holdings. 58 funds opened positions while 126 raised stakes. 112.11 million shares or 1.25% more from 110.72 million shares in 2018Q1 were reported. Dimensional Fund Limited Partnership has invested 0.07% in Jacobs Engineering Group Inc. (NYSE:JEC). 1St Source Bancorporation reported 0.02% in Jacobs Engineering Group Inc. (NYSE:JEC). Hanson Mcclain stated it has 2,773 shares. Robeco Institutional Asset Bv holds 0% or 6,776 shares in its portfolio. Bb&T Securities Limited Liability Co holds 0% or 3,895 shares. Aperio Grp Limited Co has invested 0.02% in Jacobs Engineering Group Inc. (NYSE:JEC). Nomura Asset Management Limited invested 0.03% of its portfolio in Jacobs Engineering Group Inc. (NYSE:JEC). 147 were accumulated by Advisory Serv Limited Liability Company. Lord Abbett And Co Ltd Limited Liability Company holds 0.27% of its portfolio in Jacobs Engineering Group Inc. (NYSE:JEC) for 1.47M shares. Ubs Asset Mgmt Americas Inc stated it has 399,268 shares. New York-based Markston Limited Company has invested 0.26% in Jacobs Engineering Group Inc. (NYSE:JEC). Sfe Inv Counsel invested 1% in Jacobs Engineering Group Inc. (NYSE:JEC). Wellington Mngmt Gp Llp stated it has 0.01% of its portfolio in Jacobs Engineering Group Inc. (NYSE:JEC). Centurylink Management has 0.42% invested in Jacobs Engineering Group Inc. (NYSE:JEC) for 17,157 shares. Walleye Trading Ltd Liability Company, Minnesota-based fund reported 21,509 shares.

Exxon Mobil Corporation (NYSE:XOM) Institutional Positions Chart

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