EOG Resources, Inc. (NYSE:EOG) Shares Sold by Blair William & Co. IL

Blair William & Co. IL reduced its holdings in EOG Resources, Inc. (NYSE:EOG) by 6.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 103,435 shares of the energy exploration company’s stock after selling 7,208 shares during the period. Blair William & Co. IL’s holdings in EOG Resources were worth $12,679,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the business. Loomis Sayles & Co. L P raised its stake in shares of EOG Resources by 26.5% during the 4th quarter. Loomis Sayles & Co. L P now owns 463 shares of the energy exploration company’s stock valued at $57,000 after buying an additional 97 shares during the last quarter. NEOS Investment Management LLC raised its position in EOG Resources by 31.4% during the fourth quarter. NEOS Investment Management LLC now owns 36,035 shares of the energy exploration company’s stock valued at $4,417,000 after acquiring an additional 8,609 shares in the last quarter. UniSuper Management Pty Ltd lifted its holdings in EOG Resources by 24.4% in the fourth quarter. UniSuper Management Pty Ltd now owns 40,405 shares of the energy exploration company’s stock valued at $4,953,000 after acquiring an additional 7,923 shares during the period. Sava Infond d.o.o. purchased a new stake in EOG Resources in the 4th quarter worth approximately $2,062,000. Finally, WINTON GROUP Ltd grew its stake in shares of EOG Resources by 597.6% during the 4th quarter. WINTON GROUP Ltd now owns 12,717 shares of the energy exploration company’s stock worth $1,559,000 after purchasing an additional 10,894 shares during the period. Hedge funds and other institutional investors own 89.91% of the company’s stock.

EOG Resources Trading Down 0.1 %

EOG opened at $126.55 on Friday. The firm has a market capitalization of $70.10 billion, a price-to-earnings ratio of 10.19, a price-to-earnings-growth ratio of 3.58 and a beta of 1.25. The company’s 50 day simple moving average is $128.23 and its two-hundred day simple moving average is $127.65. EOG Resources, Inc. has a 1-year low of $115.78 and a 1-year high of $139.67. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.31 and a quick ratio of 2.07.

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

EOG Resources Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be given a dividend of $0.975 per share. The ex-dividend date is Wednesday, April 16th. This represents a $3.90 annualized dividend and a dividend yield of 3.08%. EOG Resources’s payout ratio is 34.73%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Bank of America reiterated a “neutral” rating and issued a $144.00 target price (down from $151.00) on shares of EOG Resources in a research note on Monday, January 13th. Royal Bank of Canada raised shares of EOG Resources from a “sector perform” rating to an “outperform” rating and increased their target price for the stock from $150.00 to $155.00 in a research note on Wednesday, February 12th. Barclays cut their price target on EOG Resources from $146.00 to $144.00 and set an “equal weight” rating for the company in a research note on Tuesday, March 18th. Wolfe Research upgraded EOG Resources from a “peer perform” rating to an “outperform” rating and set a $143.00 price target on the stock in a research report on Friday, January 3rd. Finally, Morgan Stanley cut their price objective on EOG Resources from $142.00 to $136.00 and set an “equal weight” rating for the company in a research report on Thursday. Thirteen analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $144.67.

Insider Activity at EOG Resources

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

EOG Resources Profile

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.