Two Sigma Securities LLC bought a new stake in EOG Resources, Inc. (NYSE:EOG) during the first quarter, Holdings Channel reports. The fund bought 2,891 shares of the energy exploration company’s stock, valued at approximately $282,000.

Other institutional investors have also added to or reduced their stakes in the company. Chicago Partners Investment Group LLC boosted its position in EOG Resources by 60.0% in the first quarter. Chicago Partners Investment Group LLC now owns 1,069 shares of the energy exploration company’s stock valued at $104,000 after buying an additional 401 shares during the last quarter. Advantage Investment Management LLC boosted its position in EOG Resources by 16.6% in the first quarter. Advantage Investment Management LLC now owns 1,080 shares of the energy exploration company’s stock valued at $105,000 after buying an additional 154 shares during the last quarter. Winfield Associates Inc. boosted its position in EOG Resources by 5.3% in the first quarter. Winfield Associates Inc. now owns 1,132 shares of the energy exploration company’s stock valued at $111,000 after buying an additional 57 shares during the last quarter. Assetmark Inc. boosted its position in EOG Resources by 5.0% in the first quarter. Assetmark Inc. now owns 1,183 shares of the energy exploration company’s stock valued at $115,000 after buying an additional 56 shares during the last quarter. Finally, Webster Bank N. A. boosted its position in EOG Resources by 92.2% in the first quarter. Webster Bank N. A. now owns 1,240 shares of the energy exploration company’s stock valued at $121,000 after buying an additional 595 shares during the last quarter. Institutional investors own 84.86% of the company’s stock.

EOG Resources, Inc. (NYSE EOG) opened at 92.91 on Friday. EOG Resources, Inc. has a 12 month low of $78.04 and a 12 month high of $109.37. The stock’s market capitalization is $53.63 billion. The company has a 50 day moving average price of $89.73 and a 200 day moving average price of $95.44.

EOG Resources (NYSE:EOG) last issued its earnings results on Monday, May 8th. The energy exploration company reported $0.15 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.15. The company had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.19 billion. EOG Resources had a negative net margin of 6.70% and a negative return on equity of 2.69%. The company’s revenue for the quarter was up 92.8% on a year-over-year basis. During the same quarter last year, the business posted ($0.83) EPS. Equities research analysts predict that EOG Resources, Inc. will post $0.80 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, July 31st. Shareholders of record on Monday, July 17th will be paid a dividend of $0.1675 per share. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.72%. The ex-dividend date of this dividend is Thursday, July 13th. EOG Resources’s dividend payout ratio (DPR) is currently -62.04%.

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A number of research firms recently weighed in on EOG. Stifel Nicolaus restated a “buy” rating and issued a $111.00 price target on shares of EOG Resources in a report on Friday, May 26th. Scotiabank restated a “hold” rating and issued a $109.00 price target on shares of EOG Resources in a report on Tuesday, May 16th. Credit Suisse Group set a $108.00 price target on EOG Resources and gave the stock a “hold” rating in a report on Friday, June 2nd. Iberia Capital upped their price target on EOG Resources from $109.00 to $119.00 and gave the stock an “outperform” rating in a report on Monday, April 3rd. Finally, Wells Fargo & Company upgraded EOG Resources from a “market perform” rating to an “outperform” rating and set a $110.00 price target on the stock in a report on Wednesday, May 10th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and twenty-three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $108.59.

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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