TD Asset Management Inc. trimmed its position in EOG Resources Inc (NYSE:EOG) by 5.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 578,288 shares of the energy exploration company’s stock after selling 33,037 shares during the period. TD Asset Management Inc.’s holdings in EOG Resources were worth $53,873,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in EOG. Dimensional Fund Advisors LP lifted its holdings in EOG Resources by 51.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,168,414 shares of the energy exploration company’s stock worth $189,119,000 after buying an additional 732,531 shares during the period. Geode Capital Management LLC boosted its stake in shares of EOG Resources by 7.7% during the 4th quarter. Geode Capital Management LLC now owns 6,797,414 shares of the energy exploration company’s stock worth $591,653,000 after acquiring an additional 486,443 shares during the last quarter. Valeo Financial Advisors LLC boosted its stake in shares of EOG Resources by 76.4% during the 1st quarter. Valeo Financial Advisors LLC now owns 261 shares of the energy exploration company’s stock worth $25,000 after acquiring an additional 113 shares during the last quarter. Raymond James Trust N.A. boosted its stake in shares of EOG Resources by 11.5% during the 1st quarter. Raymond James Trust N.A. now owns 6,765 shares of the energy exploration company’s stock worth $644,000 after acquiring an additional 698 shares during the last quarter. Finally, Flagship Harbor Advisors LLC lifted its stake in shares of EOG Resources by 23.6% during the 1st quarter. Flagship Harbor Advisors LLC now owns 2,095 shares of the energy exploration company’s stock valued at $199,000 after buying an additional 400 shares in the last quarter. Institutional investors own 87.01% of the company’s stock.

A number of research firms recently weighed in on EOG. ValuEngine cut shares of EOG Resources from a “hold” rating to a “sell” rating in a research note on Friday, April 26th. Citigroup lowered their target price on shares of EOG Resources from $120.00 to $116.00 and set a “buy” rating on the stock in a research note on Tuesday. SunTrust Banks lowered their target price on shares of EOG Resources to $120.00 and set a “buy” rating on the stock in a research note on Wednesday, June 12th. KeyCorp boosted their price target on shares of EOG Resources from $105.00 to $110.00 and gave the stock an “overweight” rating in a research note on Monday, April 22nd. Finally, Zacks Investment Research upgraded shares of EOG Resources from a “hold” rating to a “buy” rating and set a $103.00 price target on the stock in a research note on Thursday, May 9th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-one have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $116.36.

Shares of EOG Resources stock traded up $0.33 during trading hours on Thursday, reaching $75.35. The company’s stock had a trading volume of 55,933 shares, compared to its average volume of 4,047,049. The business’s 50 day simple moving average is $85.95. EOG Resources Inc has a one year low of $74.26 and a one year high of $133.53. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.83 and a current ratio of 1.02. The stock has a market cap of $43.18 billion, a PE ratio of 13.53, a P/E/G ratio of 1.71 and a beta of 1.31.

EOG Resources (NYSE:EOG) last posted its earnings results on Thursday, August 1st. The energy exploration company reported $1.31 earnings per share for the quarter, missing analysts’ consensus estimates of $1.33 by ($0.02). EOG Resources had a return on equity of 16.25% and a net margin of 19.69%. The business had revenue of $4.70 billion during the quarter, compared to the consensus estimate of $4.41 billion. During the same quarter last year, the firm earned $1.37 earnings per share. The business’s quarterly revenue was up 10.8% on a year-over-year basis. Research analysts anticipate that EOG Resources Inc will post 5.24 earnings per share for the current fiscal year.

EOG Resources Company Profile

EOG Resources, Inc, together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. The company's principal producing areas are located in New Mexico, North Dakota, Texas, Utah, and Wyoming in the United States; and the Republic of Trinidad and Tobago, the People's Republic of China, and Canada.

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

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