Livforsakringsbolaget Skandia Omsesidigt lowered its stake in EOG Resources Inc (NYSE:EOG) by 20.9% during the 4th quarter, HoldingsChannel reports. The fund owned 8,730 shares of the energy exploration company’s stock after selling 2,300 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in EOG Resources were worth $942,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the stock. Quadrant Capital Group LLC boosted its holdings in EOG Resources by 0.5% in the second quarter. Quadrant Capital Group LLC now owns 5,007 shares of the energy exploration company’s stock valued at $418,000 after acquiring an additional 23 shares in the last quarter. Frontier Wealth Management LLC boosted its holdings in EOG Resources by 2.5% in the second quarter. Frontier Wealth Management LLC now owns 2,361 shares of the energy exploration company’s stock valued at $214,000 after acquiring an additional 58 shares in the last quarter. Wunderlich Capital Managemnt boosted its holdings in EOG Resources by 3.1% in the second quarter. Wunderlich Capital Managemnt now owns 2,887 shares of the energy exploration company’s stock valued at $261,000 after acquiring an additional 87 shares in the last quarter. National Asset Management Inc. boosted its holdings in EOG Resources by 4.4% in the second quarter. National Asset Management Inc. now owns 2,796 shares of the energy exploration company’s stock valued at $254,000 after acquiring an additional 119 shares in the last quarter. Finally, Gofen & Glossberg LLC IL boosted its holdings in EOG Resources by 1.8% in the second quarter. Gofen & Glossberg LLC IL now owns 7,863 shares of the energy exploration company’s stock valued at $712,000 after acquiring an additional 137 shares in the last quarter. Institutional investors and hedge funds own 85.28% of the company’s stock.

Several research firms recently weighed in on EOG. Zacks Investment Research upgraded shares of EOG Resources from a “hold” rating to a “buy” rating and set a $129.00 price target on the stock in a report on Monday, January 15th. BMO Capital Markets reissued a “buy” rating and set a $120.00 price objective on shares of EOG Resources in a research report on Thursday, January 11th. Cowen set a $115.00 price objective on EOG Resources and gave the company a “hold” rating in a research report on Thursday. Piper Jaffray Companies reissued a “buy” rating and set a $118.00 price objective on shares of EOG Resources in a research report on Tuesday, January 9th. Finally, Imperial Capital reissued an “outperform” rating and set a $120.00 price objective (up previously from $115.00) on shares of EOG Resources in a research report on Monday, January 8th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and twenty have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $114.52.

In other EOG Resources news, EVP Michael P. Donaldson sold 1,741 shares of the business’s stock in a transaction dated Thursday, December 21st. The stock was sold at an average price of $106.00, for a total transaction of $184,546.00. Following the completion of the sale, the executive vice president now directly owns 75,118 shares in the company, valued at approximately $7,962,508. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Timothy K. Driggers sold 8,871 shares of the business’s stock in a transaction dated Thursday, December 21st. The shares were sold at an average price of $105.45, for a total value of $935,446.95. Following the sale, the chief financial officer now owns 185,157 shares of the company’s stock, valued at $19,524,805.65. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 139,048 shares of company stock valued at $8,173,973. Corporate insiders own 0.53% of the company’s stock.

EOG Resources Inc (NYSE EOG) opened at $114.37 on Friday. EOG Resources Inc has a 52-week low of $81.99 and a 52-week high of $116.47. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.27 and a quick ratio of 1.11. The firm has a market capitalization of $66,130.91, a PE ratio of 278.95, a price-to-earnings-growth ratio of 4.62 and a beta of 0.98.

EOG Resources (NYSE:EOG) last issued its earnings results on Thursday, November 2nd. The energy exploration company reported $0.19 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.07. EOG Resources had a return on equity of 1.73% and a net margin of 0.10%. The business had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.59 billion. During the same quarter in the previous year, the firm earned ($0.40) EPS. EOG Resources’s revenue was up 24.8% on a year-over-year basis. equities analysts forecast that EOG Resources Inc will post 0.92 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Wednesday, January 17th will be paid a dividend of $0.1675 per share. The ex-dividend date of this dividend is Tuesday, January 16th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.59%. EOG Resources’s dividend payout ratio is currently 6,700.00%.

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About EOG Resources

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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Institutional Ownership by Quarter for EOG Resources (NYSE:EOG)

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