Beacon Financial Group Boosted Its Exxon Mobil (XOM) Stake; Visa (V) Shorts Lowered By 7.33%

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Beacon Financial Group increased Exxon Mobil Corporation (XOM) stake by 12.99% reported in 2017Q4 SEC filing. Beacon Financial Group acquired 24,119 shares as Exxon Mobil Corporation (XOM)’s stock declined 12.23%. The Beacon Financial Group holds 209,841 shares with $17.55 million value, up from 185,722 last quarter. Exxon Mobil Corporation now has $347.26 billion valuation. The stock increased 0.28% or $0.23 during the last trading session, reaching $82.02. About 9.57 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.

Visa Inc (NYSE:V) had a decrease of 7.33% in short interest. V’s SI was 24.12M shares in May as released by FINRA. Its down 7.33% from 26.03M shares previously. With 10.26M avg volume, 2 days are for Visa Inc (NYSE:V)’s short sellers to cover V’s short positions. The SI to Visa Inc’s float is 1.34%. The stock decreased 0.16% or $0.21 during the last trading session, reaching $130.89. About 5.12M shares traded. Visa Inc. (NYSE:V) has risen 31.98% since May 17, 2017 and is uptrending. It has outperformed by 20.43% the S&P500.

Since December 11, 2017, it had 0 insider purchases, and 4 insider sales for $3.42 million activity. The insider Wascom Dennis G sold 2,412 shares worth $200,293. $606,082 worth of stock was sold by Milton Bryan W on Tuesday, December 12. Shares for $1.62M were sold by Corson Bradley W. Chapman Neil A also sold $996,628 worth of Exxon Mobil Corporation (NYSE:XOM) shares.

Beacon Financial Group decreased Vanguard Index Fds (VB) stake by 12,454 shares to 5,807 valued at $858,000 in 2017Q4. It also reduced Southern Co (NYSE:SO) stake by 7,262 shares and now owns 185,368 shares. Principal Financial Group (NYSE:PFG) was reduced too.

Investors sentiment decreased to 0.84 in 2017 Q4. Its down 0.01, from 0.85 in 2017Q3. It turned negative, 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. Diamond Hill Management Inc, a Ohio-based fund reported 3,029 shares. Vigilant Capital Mngmt Ltd Liability Corp has 138,735 shares for 1.53% of their portfolio. Lau Associate Ltd Llc has 33,119 shares. 28,295 were reported by Evermay Wealth Mngmt Ltd Llc. Foothills Asset reported 21,568 shares. Punch Associate Investment Management Inc invested in 48,066 shares or 0.35% of the stock. Iat Reinsurance Ltd owns 35,000 shares. Fulton Breakefield Broenniman Ltd Liability has 56,571 shares for 0.79% of their portfolio. Geller Family Office Ltd Liability Com owns 0.16% invested in Exxon Mobil Corporation (NYSE:XOM) for 3,900 shares. First Citizens National Bank And invested in 130,345 shares. Goelzer Investment Management holds 1.39% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 147,675 shares. Spirit Of America Mgmt owns 86,965 shares or 0.81% of their US portfolio. Hanson Mcclain Incorporated owns 27,857 shares. Violich Cap Management invested in 1.32% or 62,105 shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh invested 1.46% of its portfolio in Exxon Mobil Corporation (NYSE:XOM).

Among 26 analysts covering Exxon Mobil (NYSE:XOM), 10 have Buy rating, 5 Sell and 11 Hold. Therefore 38% are positive. Exxon Mobil has $104 highest and $20 lowest target. $81.30’s average target is -0.88% below currents $82.02 stock price. Exxon Mobil had 95 analyst reports since July 22, 2015 according to SRatingsIntel. Jefferies maintained the shares of XOM in report on Monday, February 5 with “Hold” rating. The company was upgraded on Tuesday, July 11 by Barclays Capital. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Underweight” rating given on Wednesday, January 24 by Morgan Stanley. Cowen & Co maintained Exxon Mobil Corporation (NYSE:XOM) rating on Friday, January 19. Cowen & Co has “Buy” rating and $100.0 target. The company was downgraded on Thursday, June 2 by Bank of America. The rating was maintained by Piper Jaffray on Tuesday, January 23 with “Hold”. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Buy” rating given on Thursday, May 11 by Bank of America. The rating was downgraded by Tudor Pickering on Tuesday, January 26 to “Sell”. The rating was maintained by Citigroup with “Neutral” on Friday, July 21. Barclays Capital upgraded Exxon Mobil Corporation (NYSE:XOM) on Monday, October 12 to “Equal-Weight” rating.

More notable recent Exxon Mobil Corporation (NYSE:XOM) news were published by: Seekingalpha.com which released: “Exxon: Irrational Exuberance” on May 11, 2018, also Seekingalpha.com with their article: “Exxon Stock Isn’t So Slick” published on May 01, 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: “Reuters: Exxon’s Baytown refinery gasoline unit shut” with publication date: May 11, 2018.

Since December 13, 2017, it had 0 buys, and 5 insider sales for $12.69 million activity. $5.06 million worth of Visa Inc. (NYSE:V) was sold by MCINERNEY RYAN on Thursday, May 10. The insider HOFFMEISTER JAMES H sold $1.08M. Shares for $5.65M were sold by MAHON TULLIER KELLY. The insider MATSCHULLAT ROBERT W sold 6,220 shares worth $707,561. Shares for $205,440 were sold by Biggar Lynne.

Among 43 analysts covering Visa Inc. (NYSE:V), 35 have Buy rating, 0 Sell and 8 Hold. Therefore 81% are positive. Visa Inc. has $164.0 highest and $70 lowest target. $123.37’s average target is -5.75% below currents $130.89 stock price. Visa Inc. had 130 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating by RBC Capital Markets given on Thursday, June 22. The stock of Visa Inc. (NYSE:V) has “Outperform” rating given on Friday, January 20 by Wedbush. Loop Capital maintained the shares of V in report on Thursday, October 26 with “Buy” rating. Susquehanna maintained the shares of V in report on Monday, January 29 with “Buy” rating. UBS initiated it with “Buy” rating and $90 target in Wednesday, December 16 report. The stock of Visa Inc. (NYSE:V) has “Buy” rating given on Friday, July 21 by UBS. The rating was maintained by Keefe Bruyette & Woods with “Outperform” on Tuesday, December 8. Oppenheimer maintained it with “Buy” rating and $10600 target in Monday, July 17 report. The stock has “Neutral” rating by Compass Point on Friday, April 15. The stock of Visa Inc. (NYSE:V) earned “Buy” rating by Cowen & Co on Thursday, February 1.

Visa Inc. operates as a payments technology firm worldwide. The company has market cap of $293.17 billion. The firm facilitates commerce through the transfer of value and information among consumers, merchants, financial institutions, businesses, strategic partners, and government entities. It has a 33.11 P/E ratio. It operates VisaNet, a processing network that enables authorization, clearing, and settlement of payment transactions; and offers fraud protection for account holders and assured payment for merchants.

Visa Inc. (NYSE:V) Institutional Positions Chart