Renaissance Technologies LLC increased its position in EOG Resources, Inc. (NYSE:EOG) by 26.6% during the first quarter, Holdings Channel reports. The firm owned 774,000 shares of the energy exploration company’s stock after buying an additional 162,500 shares during the period. Renaissance Technologies LLC’s holdings in EOG Resources were worth $75,504,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Waverton Investment Management Ltd increased its position in EOG Resources by 5.2% in the first quarter. Waverton Investment Management Ltd now owns 674,943 shares of the energy exploration company’s stock valued at $65,841,000 after buying an additional 33,173 shares during the last quarter. Hills Bank & Trust Co. increased its position in EOG Resources by 1.1% in the first quarter. Hills Bank & Trust Co. now owns 19,574 shares of the energy exploration company’s stock valued at $1,909,000 after buying an additional 213 shares during the last quarter. Boltwood Capital Management increased its position in EOG Resources by 10.8% in the first quarter. Boltwood Capital Management now owns 5,385 shares of the energy exploration company’s stock valued at $525,000 after buying an additional 525 shares during the last quarter. Trust Co increased its position in EOG Resources by 0.8% in the fourth quarter. Trust Co now owns 3,403 shares of the energy exploration company’s stock valued at $344,000 after buying an additional 26 shares during the last quarter. Finally, Atalanta Sosnoff Capital LLC increased its position in EOG Resources by 17,593.3% in the first quarter. Atalanta Sosnoff Capital LLC now owns 590,955 shares of the energy exploration company’s stock valued at $57,647,000 after buying an additional 587,615 shares during the last quarter. 84.86% of the stock is currently owned by institutional investors and hedge funds.

Shares of EOG Resources, Inc. (NYSE EOG) opened at 91.70 on Wednesday. The firm’s 50-day moving average is $89.50 and its 200 day moving average is $95.46. The company’s market capitalization is $52.94 billion. EOG Resources, Inc. has a 12 month low of $78.04 and a 12 month high of $109.37.

EOG Resources (NYSE:EOG) last released its quarterly earnings results on Monday, May 8th. The energy exploration company reported $0.15 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.15. EOG Resources had a negative net margin of 6.70% and a negative return on equity of 2.69%. The company had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.19 billion. During the same period last year, the firm earned ($0.83) earnings per share. The firm’s revenue was up 92.8% on a year-over-year basis. Equities research analysts predict that EOG Resources, Inc. will post $0.90 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, July 31st. Investors of record on Monday, July 17th will be given a dividend of $0.1675 per share. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date of this dividend is Thursday, July 13th. EOG Resources’s payout ratio is currently -62.04%.

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Several equities analysts have commented on EOG shares. UBS AG raised shares of EOG Resources from a “neutral” rating to a “buy” rating and increased their target price for the stock from $106.00 to $109.00 in a research report on Thursday, March 30th. BMO Capital Markets reissued a “buy” rating on shares of EOG Resources in a research report on Tuesday, May 9th. Stifel Nicolaus reissued a “buy” rating and set a $111.00 target price on shares of EOG Resources in a research report on Friday, May 26th. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $109.00 price target on shares of EOG Resources in a research report on Tuesday, April 25th. Finally, Scotiabank set a $104.00 price target on EOG Resources and gave the company a “hold” rating in a research report on Monday, March 27th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and twenty-four have given a buy rating to the stock. EOG Resources has a consensus rating of “Buy” and a consensus target price of $108.59.

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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