Northeast Financial Consultants Has Cut Exxon Mobil (XOM) Position as Share Value Rose; Finemark National Bank & Trust Has Trimmed Vulcan Matls Co (VMC) Stake as Valuation Rose

January 15, 2018 - By Migdalia James

Finemark National Bank & Trust decreased its stake in Vulcan Matls Co (VMC) by 50.37% based on its latest 2017Q3 regulatory filing with the SEC. Finemark National Bank & Trust sold 10,729 shares as the company’s stock rose 5.55% with the market. The institutional investor held 10,573 shares of the mining & quarrying of nonmetallic minerals (no fuels) company at the end of 2017Q3, valued at $1.27M, down from 21,302 at the end of the previous reported quarter. Finemark National Bank & Trust who had been investing in Vulcan Matls Co for a number of months, seems to be less bullish one the $17.72 billion market cap company. The stock decreased 0.90% or $1.21 during the last trading session, reaching $133.97. About 915,910 shares traded. Vulcan Materials Company (NYSE:VMC) has risen 10.59% since January 15, 2017 and is uptrending. It has underperformed by 6.11% the S&P500.

Northeast Financial Consultants Inc decreased its stake in Exxon Mobil Corp (XOM) by 32.83% based on its latest 2017Q3 regulatory filing with the SEC. Northeast Financial Consultants Inc sold 4,675 shares as the company’s stock rose 0.21% with the market. The institutional investor held 9,566 shares of the integrated oil company at the end of 2017Q3, valued at $784,000, down from 14,241 at the end of the previous reported quarter. Northeast Financial Consultants Inc who had been investing in Exxon Mobil Corp for a number of months, seems to be less bullish one the $370.83B market cap company. The stock increased 0.68% or $0.59 during the last trading session, reaching $87.52. About 9.83 million shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since January 15, 2017 and is downtrending. It has underperformed by 25.78% the S&P500.

Investors sentiment is 0.85 in 2017 Q3. Its the same as in 2017Q2. It has no change, 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. Verus Ptnrs Incorporated invested in 0.4% or 12,740 shares. Legal General Grp Public Limited Com stated it has 23.55M shares or 1.45% of all its holdings. Holowesko Prtnrs holds 1.45M shares. Stanley holds 3,372 shares or 0.07% of its portfolio. National Bank & Trust Of Nova Scotia Trust Communication holds 0.13% or 15,076 shares. Stock Yards Savings Bank & holds 153,031 shares or 1.47% of its portfolio. 17,296 are owned by First Personal Svcs. First Natl Tru accumulated 157,505 shares or 1.5% of the stock. Arizona State Retirement System accumulated 1.11 million shares. Hartwell J M Ltd Partnership, New York-based fund reported 75,706 shares. Winfield Associates reported 16,126 shares. Garde Capital holds 0.25% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 15,330 shares. Salient Trust Lta reported 4.07M shares. Sol Capital Mngmt holds 0.23% in Exxon Mobil Corporation (NYSE:XOM) or 9,946 shares. Oarsman Inc stated it has 13,268 shares.

Analysts await Exxon Mobil Corporation (NYSE:XOM) to report earnings on January, 30. They expect $0.99 EPS, up 10.00% or $0.09 from last year’s $0.9 per share. XOM’s profit will be $4.19 billion for 22.10 P/E if the $0.99 EPS becomes a reality. After $0.93 actual EPS reported by Exxon Mobil Corporation for the previous quarter, Wall Street now forecasts 6.45% EPS growth.

Since August 4, 2017, it had 0 insider purchases, and 6 sales for $5.32 million activity. Another trade for 2,412 shares valued at $200,293 was sold by Wascom Dennis G. $88,253 worth of stock was sold by REINEMUND STEVEN on Friday, August 4. $606,082 worth of Exxon Mobil Corporation (NYSE:XOM) was sold by Milton Bryan W on Tuesday, December 12. Corson Bradley W sold $1.62 million worth of stock or 19,500 shares. 22,656 Exxon Mobil Corporation (NYSE:XOM) shares with value of $1.81 million were sold by Franklin Robert Stuart.

Among 26 analysts covering Exxon Mobil (NYSE:XOM), 10 have Buy rating, 6 Sell and 10 Hold. Therefore 38% are positive. Exxon Mobil had 80 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Sell” rating by Tudor Pickering given on Tuesday, January 26. The firm has “Sector Outperform” rating given on Monday, June 5 by Howard Weil. The rating was maintained by Jefferies on Friday, June 23 with “Hold”. BMO Capital Markets maintained the shares of XOM in report on Monday, June 26 with “Hold” rating. Jefferies maintained the stock with “Hold” rating in Thursday, July 27 report. Goldman Sachs upgraded the shares of XOM in report on Wednesday, July 22 to “Conviction Buy” rating. Vetr downgraded Exxon Mobil Corporation (NYSE:XOM) rating on Wednesday, August 12. Vetr has “Strong-Buy” rating and $86.25 target. Goldman Sachs maintained it with “Conviction Buy” rating and $91 target in Friday, March 18 report. The rating was maintained by Jefferies with “Hold” on Tuesday, October 3. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Neutral” rating given on Monday, October 31 by Goldman Sachs.

Northeast Financial Consultants Inc, which manages about $2.86 billion and $273.00 million US Long portfolio, upped its stake in Vanguard World Funds (VFH) by 37,029 shares to 99,330 shares, valued at $6.49 million in 2017Q3, according to the filing. It also increased its holding in Vanguard Whitehall Fd by 16,985 shares in the quarter, for a total of 123,791 shares, and has risen its stake in Spdr S&P 500 Large Cap Etf (SPY).

Analysts await Vulcan Materials Company (NYSE:VMC) to report earnings on February, 6. They expect $0.76 EPS, up 10.14% or $0.07 from last year’s $0.69 per share. VMC’s profit will be $100.54 million for 44.07 P/E if the $0.76 EPS becomes a reality. After $1.04 actual EPS reported by Vulcan Materials Company for the previous quarter, Wall Street now forecasts -26.92% negative EPS growth.

Investors sentiment increased to 1.06 in 2017 Q3. Its up 0.11, from 0.95 in 2017Q2. It increased, as 47 investors sold VMC shares while 159 reduced holdings. 55 funds opened positions while 163 raised stakes. 115.33 million shares or 2.76% more from 112.23 million shares in 2017Q2 were reported. Fil holds 0.02% or 59,982 shares in its portfolio. Glg Ltd Partnership has 2,233 shares. Lafleur Godfrey Ltd Llc accumulated 71,755 shares or 2.25% of the stock. 3,725 are owned by Jane Street Grp Ltd Com. 111,892 are held by Two Creeks Management L P. Teachers Retirement System Of The State Of Kentucky reported 15,548 shares. State Farm Mutual Automobile Com, a Illinois-based fund reported 12.68M shares. 27,184 are owned by Scopus Asset Management L P. Kayne Anderson Rudnick Investment Ltd has 0% invested in Vulcan Materials Company (NYSE:VMC). Regions Fincl has 0.72% invested in Vulcan Materials Company (NYSE:VMC) for 533,528 shares. Fred Alger Mngmt Inc invested in 873,113 shares. Gam Hldgs Ag invested in 0.01% or 2,836 shares. Canada Pension Plan Invest Board owns 152,777 shares. Public Sector Pension Board owns 14,497 shares. Oak Ridge Investments Limited Liability invested in 0.1% or 20,737 shares.

Among 14 analysts covering Vulcan Materials Company (NYSE:VMC), 10 have Buy rating, 0 Sell and 4 Hold. Therefore 71% are positive. Vulcan Materials Company had 35 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, October 9 by Citigroup. The stock has “Neutral” rating by DA Davidson on Monday, August 17. RBC Capital Markets maintained it with “Buy” rating and $15400 target in Monday, July 24 report. The rating was maintained by RBC Capital Markets on Friday, February 5 with “Outperform”. As per Monday, August 28, the company rating was maintained by RBC Capital Markets. The firm has “Buy” rating by Citigroup given on Wednesday, March 29. The rating was downgraded by Bank of America on Wednesday, November 16 to “Neutral”. BB&T Capital maintained the shares of VMC in report on Wednesday, May 4 with “Buy” rating. The company was maintained on Thursday, November 2 by Jefferies. SunTrust maintained Vulcan Materials Company (NYSE:VMC) rating on Tuesday, October 3. SunTrust has “Buy” rating and $145.0 target.

Finemark National Bank & Trust, which manages about $1.50B US Long portfolio, upped its stake in Oracle Corp (NYSE:ORCL) by 10,266 shares to 53,862 shares, valued at $2.60M in 2017Q3, according to the filing. It also increased its holding in Spdr S&P Midcap 400 Etf Tr (MDY) by 16,826 shares in the quarter, for a total of 150,041 shares, and has risen its stake in Ishares Tr (EFA).

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