First National Trust Co trimmed its stake in shares of EOG Resources Inc (NYSE:EOG) by 40.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,329 shares of the energy exploration company’s stock after selling 1,564 shares during the period. First National Trust Co’s holdings in EOG Resources were worth $252,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Schroder Investment Management Group grew its position in EOG Resources by 13.2% in the second quarter. Schroder Investment Management Group now owns 12,110 shares of the energy exploration company’s stock valued at $1,090,000 after purchasing an additional 1,415 shares in the last quarter. Thrivent Financial For Lutherans grew its position in EOG Resources by 3.0% in the second quarter. Thrivent Financial For Lutherans now owns 21,935 shares of the energy exploration company’s stock valued at $1,985,000 after purchasing an additional 640 shares in the last quarter. D.A. Davidson & CO. grew its position in EOG Resources by 2.5% in the second quarter. D.A. Davidson & CO. now owns 8,726 shares of the energy exploration company’s stock valued at $789,000 after purchasing an additional 215 shares in the last quarter. Mariner Wealth Advisors LLC grew its position in EOG Resources by 11.6% in the second quarter. Mariner Wealth Advisors LLC now owns 25,784 shares of the energy exploration company’s stock valued at $2,334,000 after purchasing an additional 2,672 shares in the last quarter. Finally, Suntrust Banks Inc. grew its position in EOG Resources by 1.5% in the second quarter. Suntrust Banks Inc. now owns 234,129 shares of the energy exploration company’s stock valued at $21,191,000 after purchasing an additional 3,363 shares in the last quarter. Institutional investors and hedge funds own 85.28% of the company’s stock.

A number of research firms recently weighed in on EOG. Zacks Investment Research raised shares of EOG Resources from a “hold” rating to a “buy” rating and set a $129.00 target price for the company in a research report on Monday, January 15th. Robert W. Baird decreased their target price on shares of EOG Resources from $115.00 to $114.00 and set an “outperform” rating for the company in a research report on Monday, December 18th. Imperial Capital began coverage on shares of EOG Resources in a research report on Thursday, September 28th. They issued an “outperform” rating and a $115.00 target price for the company. Barclays raised their target price on shares of EOG Resources from $117.00 to $120.00 and gave the company an “overweight” rating in a research report on Monday, November 20th. Finally, BMO Capital Markets set a $105.00 target price on shares of EOG Resources and gave the company a “buy” rating in a research report on Tuesday, October 10th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and twenty have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $114.52.

EOG Resources Inc (NYSE EOG) opened at $114.37 on Friday. EOG Resources Inc has a 12-month low of $81.99 and a 12-month high of $116.47. The company has a market cap of $66,130.00, a PE ratio of 11,437.00, a PEG ratio of 4.62 and a beta of 0.98. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.27 and a quick ratio of 1.11.

EOG Resources (NYSE:EOG) last announced its quarterly earnings data on Thursday, November 2nd. The energy exploration company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.07. The company had revenue of $2.64 billion during the quarter, compared to the consensus estimate of $2.59 billion. EOG Resources had a net margin of 3.79% and a return on equity of 2.90%. The company’s quarterly revenue was up 24.8% on a year-over-year basis. During the same quarter last year, the firm posted ($0.40) EPS. sell-side analysts expect that EOG Resources Inc will post 0.91 earnings per share for the current year.

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

In related news, CFO Timothy K. Driggers sold 8,871 shares of EOG Resources stock in a transaction dated Thursday, December 21st. The shares were sold at an average price of $105.45, for a total transaction of $935,446.95. Following the completion of the sale, the chief financial officer now owns 185,157 shares of the company’s stock, valued at approximately $19,524,805.65. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP David W. Trice sold 3,114 shares of EOG Resources stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $106.65, for a total transaction of $332,108.10. Following the sale, the executive vice president now directly owns 80,415 shares of the company’s stock, valued at approximately $8,576,259.75. The disclosure for this sale can be found here. Insiders have sold a total of 139,048 shares of company stock valued at $8,173,973 in the last ninety days. 0.53% of the stock is currently owned by insiders.

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EOG Resources Company Profile

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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