L & S Advisors Inc lessened its holdings in EOG Resources Inc (NYSE:EOG) by 30.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,215 shares of the energy exploration company’s stock after selling 1,820 shares during the quarter. L & S Advisors Inc’s holdings in EOG Resources were worth $368,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of EOG. Vanguard Group Inc. boosted its stake in EOG Resources by 0.6% in the third quarter. Vanguard Group Inc. now owns 43,778,579 shares of the energy exploration company’s stock valued at $5,584,833,000 after acquiring an additional 268,736 shares in the last quarter. Vanguard Group Inc boosted its stake in EOG Resources by 0.6% in the third quarter. Vanguard Group Inc now owns 43,778,579 shares of the energy exploration company’s stock valued at $5,584,833,000 after acquiring an additional 268,736 shares in the last quarter. BlackRock Inc. boosted its stake in EOG Resources by 1.0% in the fourth quarter. BlackRock Inc. now owns 34,877,905 shares of the energy exploration company’s stock valued at $3,041,702,000 after acquiring an additional 361,848 shares in the last quarter. FMR LLC boosted its stake in EOG Resources by 4.1% in the third quarter. FMR LLC now owns 26,769,668 shares of the energy exploration company’s stock valued at $3,415,007,000 after acquiring an additional 1,059,509 shares in the last quarter. Finally, Capital International Investors boosted its stake in EOG Resources by 340.9% in the third quarter. Capital International Investors now owns 20,306,554 shares of the energy exploration company’s stock valued at $2,590,507,000 after acquiring an additional 15,701,069 shares in the last quarter. 86.96% of the stock is currently owned by hedge funds and other institutional investors.

EOG has been the subject of several research analyst reports. SunTrust Banks initiated coverage on shares of EOG Resources in a research note on Monday, December 17th. They issued a “buy” rating and a $130.00 price objective for the company. MKM Partners initiated coverage on shares of EOG Resources in a research note on Wednesday, December 5th. They issued a “buy” rating and a $133.00 price objective for the company. Robert W. Baird restated a “buy” rating and issued a $133.00 price objective on shares of EOG Resources in a research note on Monday, December 3rd. Piper Jaffray Companies restated a “buy” rating and issued a $106.00 price objective on shares of EOG Resources in a research note on Wednesday, January 9th. Finally, Raymond James set a $124.00 price objective on shares of EOG Resources and gave the company a “buy” rating in a research note on Wednesday, January 23rd. One research analyst has rated the stock with a sell rating, nine have given a hold rating and sixteen have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $123.68.

In other news, Director Frank G. Wisner sold 1,296 shares of the stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $87.28, for a total transaction of $113,114.88. Following the completion of the sale, the director now owns 120,052 shares in the company, valued at $10,478,138.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Frank G. Wisner sold 3,150 shares of the stock in a transaction dated Thursday, December 20th. The stock was sold at an average price of $92.60, for a total transaction of $291,690.00. Following the sale, the director now owns 116,586 shares of the company’s stock, valued at approximately $10,795,863.60. The disclosure for this sale can be found here. Insiders have sold 6,834 shares of company stock valued at $640,668 in the last quarter. Insiders own 0.51% of the company’s stock.

Shares of EOG opened at $88.85 on Friday. EOG Resources Inc has a fifty-two week low of $82.04 and a fifty-two week high of $133.53. The stock has a market cap of $51.54 billion, a PE ratio of 16.04, a price-to-earnings-growth ratio of 1.34 and a beta of 1.26. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.36 and a quick ratio of 1.13.

EOG Resources (NYSE:EOG) last announced its earnings results on Tuesday, February 26th. The energy exploration company reported $1.24 earnings per share for the quarter, missing the consensus estimate of $1.34 by ($0.10). EOG Resources had a return on equity of 17.83% and a net margin of 19.79%. The business had revenue of $4.57 billion for the quarter, compared to analyst estimates of $4.44 billion. During the same quarter last year, the company posted $0.69 EPS. EOG Resources’s quarterly revenue was up 36.9% on a year-over-year basis. On average, sell-side analysts anticipate that EOG Resources Inc will post 4.43 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Tuesday, April 16th will be paid a dividend of $0.22 per share. The ex-dividend date is Monday, April 15th. This represents a $0.88 annualized dividend and a dividend yield of 0.99%. EOG Resources’s dividend payout ratio (DPR) is 15.88%.

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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 United Kingdom, 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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