Delta Financial Advisors LLC trimmed its holdings in shares of EOG Resources Inc (NYSE:EOG) by 22.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,046 shares of the energy exploration company’s stock after selling 1,168 shares during the quarter. Delta Financial Advisors LLC’s holdings in EOG Resources were worth $339,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in EOG. Thompson Investment Management Inc. lifted its position in shares of EOG Resources by 1.6% in the 3rd quarter. Thompson Investment Management Inc. now owns 9,951 shares of the energy exploration company’s stock worth $739,000 after purchasing an additional 153 shares during the period. Inverness Counsel LLC NY lifted its stake in EOG Resources by 0.9% in the fourth quarter. Inverness Counsel LLC NY now owns 20,652 shares of the energy exploration company’s stock worth $1,730,000 after acquiring an additional 175 shares during the period. PFG Advisors lifted its stake in EOG Resources by 1.2% in the fourth quarter. PFG Advisors now owns 16,491 shares of the energy exploration company’s stock worth $1,440,000 after acquiring an additional 195 shares during the period. Sandy Spring Bank lifted its stake in EOG Resources by 1.5% in the third quarter. Sandy Spring Bank now owns 14,757 shares of the energy exploration company’s stock worth $1,095,000 after acquiring an additional 212 shares during the period. Finally, Simon Quick Advisors LLC lifted its stake in EOG Resources by 30.2% in the fourth quarter. Simon Quick Advisors LLC now owns 975 shares of the energy exploration company’s stock worth $82,000 after acquiring an additional 226 shares during the period. 85.70% of the stock is currently owned by institutional investors and hedge funds.

EOG opened at $75.78 on Friday. The stock has a fifty day simple moving average of $81.23 and a two-hundred day simple moving average of $76.55. The company has a current ratio of 1.08, a quick ratio of 0.90 and a debt-to-equity ratio of 0.20. The company has a market cap of $43.85 billion, a price-to-earnings ratio of 14.69, a price-to-earnings-growth ratio of 1.34 and a beta of 1.45. EOG Resources Inc has a 12-month low of $64.33 and a 12-month high of $107.89.

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 17th were issued a $0.2875 dividend. The ex-dividend date of this dividend was Thursday, January 16th. This represents a $1.15 dividend on an annualized basis and a yield of 1.52%. EOG Resources’s dividend payout ratio (DPR) is 20.76%.

A number of analysts recently commented on the company. Bank of America raised EOG Resources from a “neutral” rating to a “buy” rating in a research note on Monday, January 6th. SunTrust Banks raised EOG Resources from a “hold” rating to a “buy” rating and raised their price target for the stock from $80.00 to $110.00 in a research note on Tuesday, January 21st. Howard Weil assumed coverage on EOG Resources in a research note on Wednesday, November 13th. They issued a “sector perform” rating for the company. Wells Fargo & Co raised their price target on EOG Resources from $94.00 to $96.00 and gave the stock an “overweight” rating in a research note on Thursday, January 9th. Finally, Citigroup dropped their price target on EOG Resources from $93.00 to $88.00 and set a “buy” rating for the company in a research note on Wednesday, November 13th. Five equities research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $103.89.

In other EOG Resources news, Director Charles R. Crisp sold 420 shares of the stock in a transaction on Friday, January 10th. The stock was sold at an average price of $86.49, for a total value of $36,325.80. Following the completion of the transaction, the director now owns 50,296 shares in the company, valued at $4,350,101.04. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.20% of the stock is currently owned by corporate insiders.

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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