WINTON GROUP Ltd Boosts Stock Holdings in EOG Resources, Inc. (NYSE:EOG)

WINTON GROUP Ltd grew its stake in shares of EOG Resources, Inc. (NYSE:EOG) by 597.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 12,717 shares of the energy exploration company’s stock after buying an additional 10,894 shares during the period. WINTON GROUP Ltd’s holdings in EOG Resources were worth $1,559,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Financial Life Planners acquired a new position in EOG Resources in the fourth quarter valued at $25,000. Y.D. More Investments Ltd grew its holdings in shares of EOG Resources by 149.4% during the 4th quarter. Y.D. More Investments Ltd now owns 202 shares of the energy exploration company’s stock worth $25,000 after purchasing an additional 121 shares during the period. Mainstream Capital Management LLC acquired a new stake in EOG Resources during the 4th quarter worth approximately $25,000. Decker Retirement Planning Inc. purchased a new position in EOG Resources in the fourth quarter valued at approximately $27,000. Finally, Keystone Financial Group Inc. acquired a new position in EOG Resources during the fourth quarter valued at approximately $27,000. 89.91% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, COO Jeffrey R. Leitzell sold 4,000 shares of the stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of $120.89, for a total transaction of $483,560.00. Following the sale, the chief operating officer now directly owns 42,703 shares in the company, valued at approximately $5,162,365.67. This represents a 8.56 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.30% of the stock is currently owned by corporate insiders.

EOG Resources Trading Down 1.8 %

NYSE:EOG opened at $126.84 on Friday. The company has a market cap of $70.26 billion, a PE ratio of 10.21, a P/E/G ratio of 3.58 and a beta of 1.25. The business’s 50 day moving average is $128.43 and its two-hundred day moving average is $127.61. The company has a quick ratio of 2.07, a current ratio of 2.31 and a debt-to-equity ratio of 0.13. EOG Resources, Inc. has a 52 week low of $115.78 and a 52 week high of $139.67.

EOG Resources (NYSE:EOG) last announced its quarterly earnings data on Friday, February 28th. The energy exploration company reported $2.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.55 by $0.19. EOG Resources had a return on equity of 23.77% and a net margin of 29.18%. The firm had revenue of $5.59 billion for the quarter, compared to analysts’ expectations of $5.96 billion. On average, analysts predict that EOG Resources, Inc. will post 11.47 EPS for the current year.

EOG Resources Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be paid a dividend of $0.975 per share. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $3.90 annualized dividend and a yield of 3.07%. EOG Resources’s dividend payout ratio (DPR) is 34.73%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Benchmark reissued a “hold” rating on shares of EOG Resources in a research report on Monday, January 13th. Mizuho restated a “neutral” rating and set a $140.00 price objective (down previously from $148.00) on shares of EOG Resources in a research note on Tuesday. Morgan Stanley decreased their target price on EOG Resources from $142.00 to $136.00 and set an “equal weight” rating for the company in a research report on Thursday. Royal Bank of Canada upgraded EOG Resources from a “sector perform” rating to an “outperform” rating and raised their target price for the company from $150.00 to $155.00 in a report on Wednesday, February 12th. Finally, Barclays decreased their price target on EOG Resources from $146.00 to $144.00 and set an “equal weight” rating for the company in a report on Tuesday, March 18th. Thirteen analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, EOG Resources presently has a consensus rating of “Hold” and a consensus target price of $144.67.

About EOG Resources

EOG Resources, Inc, together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas primarily in producing basins in the United States, the Republic of Trinidad and Tobago and internationally. The company was formerly known as Enron Oil & Gas Company.