HL Financial Services LLC trimmed its position in shares of EOG Resources, Inc. (NYSE:EOG) by 14.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,677 shares of the energy exploration company’s stock after selling 619 shares during the quarter. HL Financial Services LLC’s holdings in EOG Resources were worth $356,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of the business. Global X MANAGEMENT CO LLC boosted its position in EOG Resources by 12.7% during the 3rd quarter. Global X MANAGEMENT CO LLC now owns 10,916 shares of the energy exploration company’s stock valued at $1,056,000 after acquiring an additional 1,227 shares in the last quarter. Alps Advisors Inc. bought a new stake in EOG Resources during the 3rd quarter valued at approximately $561,000. Candriam Luxembourg S.C.A. boosted its position in EOG Resources by 0.6% during the 3rd quarter. Candriam Luxembourg S.C.A. now owns 118,764 shares of the energy exploration company’s stock valued at $11,489,000 after acquiring an additional 654 shares in the last quarter. Pax World Management LLC boosted its position in EOG Resources by 51.6% during the 3rd quarter. Pax World Management LLC now owns 176,248 shares of the energy exploration company’s stock valued at $17,050,000 after acquiring an additional 60,000 shares in the last quarter. Finally, Bessemer Group Inc. boosted its position in EOG Resources by 51.9% during the 3rd quarter. Bessemer Group Inc. now owns 199,570 shares of the energy exploration company’s stock valued at $19,306,000 after acquiring an additional 68,172 shares in the last quarter. 85.36% of the stock is currently owned by institutional investors and hedge funds.
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In other news, insider Gary L. Thomas sold 25,000 shares of the company’s stock in a transaction on Friday, September 29th. The stock was sold at an average price of $96.63, for a total value of $2,415,750.00. Following the completion of the sale, the insider now directly owns 1,067,465 shares in the company, valued at approximately $103,149,142.95. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Charles R. Crisp sold 3,411 shares of the company’s stock in a transaction on Thursday, September 28th. The stock was sold at an average price of $97.03, for a total value of $330,969.33. Following the completion of the sale, the director now owns 53,196 shares of the company’s stock, valued at $5,161,607.88. The disclosure for this sale can be found here. Insiders sold a total of 153,692 shares of company stock valued at $3,717,390 over the last 90 days. 0.53% of the stock is currently owned by company insiders.
Shares of EOG Resources, Inc. (NYSE EOG) opened at $104.46 on Tuesday. The company has a quick ratio of 1.11, a current ratio of 1.27 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $60,470.16, a price-to-earnings ratio of 255.07, a PEG ratio of 14.97 and a beta of 0.99. EOG Resources, Inc. has a 12 month low of $81.99 and a 12 month high of $109.37.
EOG Resources (NYSE:EOG) last posted its quarterly earnings data on Thursday, November 2nd. The energy exploration company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.12 by $0.07. The firm had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.59 billion. EOG Resources had a return on equity of 1.73% and a net margin of 0.10%. EOG Resources’s revenue was up 24.8% on a year-over-year basis. During the same period in the prior year, the business posted ($0.40) EPS. research analysts anticipate that EOG Resources, Inc. will post 0.78 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 31st. Stockholders of record on Tuesday, October 17th were paid a $0.1675 dividend. The ex-dividend date was Monday, October 16th. This represents a $0.67 annualized dividend and a dividend yield of 0.64%. EOG Resources’s dividend payout ratio (DPR) is 6,700.00%.
Several analysts have weighed in on EOG shares. Citigroup Inc. cut EOG Resources from a “buy” rating to a “neutral” rating and cut their price objective for the company from $112.00 to $98.00 in a research report on Friday, July 21st. Zacks Investment Research cut EOG Resources from a “hold” rating to a “sell” rating in a research report on Friday, July 21st. BidaskClub raised EOG Resources from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. Scotiabank reissued a “hold” rating and issued a $100.00 price target on shares of EOG Resources in a research report on Thursday, August 3rd. Finally, Barclays PLC reissued an “overweight” rating and issued a $101.00 price target (up from $94.00) on shares of EOG Resources in a research report on Thursday, August 3rd. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and twenty-one have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $108.79.
EOG Resources Company Profile
EOG Resources, Inc explores for, develops, produces and markets crude oil and natural gas in major producing basins in the United States, The Republic of Trinidad and Tobago, the United Kingdom, The People’s Republic of China, Canada and, from time to time, select other international areas. Its operations are all crude oil and natural gas exploration and production related.
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