Cim Investment Mangement Continues to Hold Stake in Exxon Mobil (XOM); As Luminex Del (LMNX) Share Price Declined, Reliant Investment Management Upped Holding by $450,000

Luminex Corporation (NASDAQ:LMNX) Logo

Cim Investment Mangement Inc increased its stake in Exxon Mobil Corp (XOM) by 16.71% based on its latest 2018Q3 regulatory filing with the SEC. Cim Investment Mangement Inc bought 3,742 shares as the company’s stock declined 6.33% with the market. The institutional investor held 26,136 shares of the integrated oil company at the end of 2018Q3, valued at $2.22M, up from 22,394 at the end of the previous reported quarter. Cim Investment Mangement Inc who had been investing in Exxon Mobil Corp for a number of months, seems to be bullish on the $323.07 billion market cap company. The stock increased 1.13% or $0.85 during the last trading session, reaching $76.25. About 13.21 million shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 7.28% since February 14, 2018 and is downtrending. It has underperformed by 7.28% the S&P500. Some Historical XOM News: 07/03/2018 – Exxon CEO Comes Out Swinging on Earnings — Barron’s Blog; 23/05/2018 – Exxon to Cut Natural Gas Flaring 25% by 2020 in Emissions Push; 11/05/2018 – EXXON BOOSTS BATON ROUGE LOUISIANA REFINERY CRUDE UNIT PRODUCTION; 27/04/2018 – EXXON 1Q PRODUCTION 10.04B MMCFE/D, EST. 10.51B; 02/04/2018 – Tanker docks at ExxonMobil’s Papua New Guinea LNG export terminal; 20/03/2018 – EXXONMOBIL CONSIDERS EXPANSION ALONG U.S. GULF COAST; 29/03/2018 – Court Dismisses Exxon’s Effort to Block Climate Investigation; 08/03/2018 – Exxon CEO: Trump tariffs move us ‘in the opposite direction’ from tax cut and deregulation benefits; 16/04/2018 – CORRECTED-EXXON BAYTOWN TEXAS REFINERY COKER (NOT HYDROCRACKER) OVERHAUL MAY FINISH IN EARLY JUNE; 16/04/2018 – EXXON BILLINGS MONTANA REFINERY MAY FINISH HYDROCRACKER REPAIRS IN 2 WEEKS

Reliant Investment Management Llc increased its stake in Luminex Corp Del (LMNX) by 100% based on its latest 2018Q3 regulatory filing with the SEC. Reliant Investment Management Llc bought 15,000 shares as the company’s stock declined 6.95% with the market. The institutional investor held 30,000 shares of the medical and dental instruments company at the end of 2018Q3, valued at $909,000, up from 15,000 at the end of the previous reported quarter. Reliant Investment Management Llc who had been investing in Luminex Corp Del for a number of months, seems to be bullish on the $1.14 billion market cap company. The stock decreased 0.54% or $0.14 during the last trading session, reaching $25.64. About 220,677 shares traded. Luminex Corporation (NASDAQ:LMNX) has risen 29.65% since February 14, 2018 and is uptrending. It has outperformed by 29.65% the S&P500. Some Historical LMNX News: 07/05/2018 – LUMINEX CORP – REAFFIRMS ITS FULL YEAR 2018 REVENUE GUIDANCE OF BETWEEN $310 MLN AND $316 MLN; 07/05/2018 – Luminex Backs FY18 Rev $310M-$316M; 07/05/2018 – LUMINEX CORP LMNX.O SEES FY 2018 REVENUE $310 MLN TO $316 MLN; 02/05/2018 – ST Denis J Villere & Company Exits Position in Luminex; 07/05/2018 – LUMINEX SEES 2Q REV. $78.5M TO $80M, EST. $80.0M; 07/05/2018 – Luminex 1Q EPS 30c; 07/05/2018 – Luminex Sees 2Q Rev $78.5M-$80M; 07/05/2018 – Luminex 1Q Adj EPS 25c; 07/05/2018 – LUMINEX SEES FY REV. $310.0M TO $316M, EST. $313.0M; 07/05/2018 – Luminex 1Q Rev $82.7M

More notable recent Luminex Corporation (NASDAQ:LMNX) news were published by: Nasdaq.com which released: “Luminex (LMNX) Q4 Earnings Miss Estimates – Nasdaq” on February 04, 2019, also Nasdaq.com with their article: “Luminex (LMNX) Misses on Earnings in Q2, Margins Contract – Nasdaq” published on August 07, 2018, Nasdaq.com published: “Here’s Why Investors Should Hold Luminex (LMNX) Stock Now – Nasdaq” on January 07, 2019. More interesting news about Luminex Corporation (NASDAQ:LMNX) were released by: Nasdaq.com and their article: “Why Is Luminex (LMNX) Up 12.4% Since Last Earnings Report? – Nasdaq” published on December 05, 2018 as well as Benzinga.com‘s news article titled: “42 Stocks Moving In Tuesday’s Mid-Day Session – Benzinga” with publication date: February 05, 2019.

Among 9 analysts covering Luminex Corp (NASDAQ:LMNX), 3 have Buy rating, 0 Sell and 6 Hold. Therefore 33% are positive. Luminex Corp had 18 analyst reports since August 4, 2015 according to SRatingsIntel. The company was maintained on Friday, October 20 by Jefferies. As per Monday, October 23, the company rating was maintained by Piper Jaffray. On Wednesday, October 12 the stock rating was initiated by Avondale with “Mkt Outperform”. The rating was maintained by Jefferies with “Hold” on Friday, June 9. JP Morgan upgraded the stock to “Neutral” rating in Thursday, August 18 report. Jefferies maintained Luminex Corporation (NASDAQ:LMNX) on Wednesday, September 13 with “Hold” rating. As per Monday, July 23, the company rating was maintained by Citigroup. Wedbush upgraded Luminex Corporation (NASDAQ:LMNX) on Tuesday, August 4 to “Outperform” rating. The company was maintained on Tuesday, November 6 by Citigroup. The firm earned “Hold” rating on Wednesday, August 5 by Jefferies.

Cim Investment Mangement Inc, which manages about $1.03B and $280.17 million US Long portfolio, decreased its stake in Salesforce.Com (NYSE:CRM) by 2,378 shares to 4,819 shares, valued at $766,000 in 2018Q3, according to the filing. It also reduced its holding in Lowe’s Companies (NYSE:LOW) by 6,120 shares in the quarter, leaving it with 6,125 shares, and cut its stake in 3M Co (NYSE:MMM).

More notable recent Exxon Mobil Corporation (NYSE:XOM) news were published by: Seekingalpha.com which released: “Here’s The Thing About Exxon Mobil – Seeking Alpha” on August 07, 2018, also Seekingalpha.com with their article: “Exxon And Its Real Value – Seeking Alpha” published on October 08, 2018, Seekingalpha.com published: “Exxon makes two more oil discoveries offshore Guyana – Seeking Alpha” on February 06, 2019. More interesting news about Exxon Mobil Corporation (NYSE:XOM) were released by: Seekingalpha.com and their article: “Exxon Mobil: Lowest Yield This Decade – Seeking Alpha” published on February 13, 2019 as well as Seekingalpha.com‘s news article titled: “Exxon Mobil Bets Big On Permian Bonanza – Seeking Alpha” with publication date: November 30, 2018.

Among 29 analysts covering Exxon Mobil (NYSE:XOM), 12 have Buy rating, 6 Sell and 11 Hold. Therefore 41% are positive. Exxon Mobil had 103 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Thursday, June 2 by Bank of America. On Monday, June 5 the stock rating was upgraded by Howard Weil to “Sector Outperform”. The company was maintained on Thursday, October 5 by Piper Jaffray. The stock has “Hold” rating by Raymond James on Monday, April 23. Cowen & Co maintained the shares of XOM in report on Tuesday, September 19 with “Buy” rating. The stock has “Buy” rating by Societe Generale on Wednesday, December 19. Jefferies maintained it with “Hold” rating and $8600 target in Thursday, July 27 report. Piper Jaffray maintained Exxon Mobil Corporation (NYSE:XOM) on Sunday, April 22 with “Hold” rating. The rating was maintained by Jefferies on Monday, February 5 with “Hold”. The firm earned “Underperform” rating on Wednesday, September 23 by Macquarie Research.

Exxon Mobil Corporation (NYSE:XOM) Institutional Positions Chart