141,157 Shares in EOG Resources, Inc. (NYSE:EOG) Purchased by Sapient Capital LLC

Sapient Capital LLC bought a new position in shares of EOG Resources, Inc. (NYSE:EOG) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 141,157 shares of the energy exploration company’s stock, valued at approximately $17,073,000.

Several other institutional investors and hedge funds have also bought and sold shares of EOG. McIlrath & Eck LLC raised its holdings in EOG Resources by 77.6% during the third quarter. McIlrath & Eck LLC now owns 238 shares of the energy exploration company’s stock worth $30,000 after acquiring an additional 104 shares in the last quarter. Exchange Traded Concepts LLC raised its holdings in EOG Resources by 530.0% during the fourth quarter. Exchange Traded Concepts LLC now owns 252 shares of the energy exploration company’s stock worth $30,000 after acquiring an additional 212 shares in the last quarter. Peoples Bank KS bought a new stake in EOG Resources during the third quarter worth about $31,000. Hall Laurie J Trustee bought a new stake in EOG Resources in the fourth quarter valued at approximately $36,000. Finally, Keener Financial Planning LLC bought a new stake in EOG Resources in the fourth quarter valued at approximately $36,000. Institutional investors own 89.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on EOG shares. Morgan Stanley upped their price objective on EOG Resources from $132.00 to $133.00 and gave the company an “equal weight” rating in a research note on Monday, April 15th. KeyCorp upped their price objective on EOG Resources from $147.00 to $157.00 and gave the company an “overweight” rating in a research note on Monday, April 22nd. StockNews.com upgraded EOG Resources from a “hold” rating to a “buy” rating in a research note on Wednesday. Susquehanna upped their price objective on EOG Resources from $147.00 to $155.00 and gave the company a “positive” rating in a research note on Monday, April 22nd. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $145.00 price target on shares of EOG Resources in a report on Tuesday, April 9th. Thirteen equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $142.27.

EOG Resources Trading Down 1.4 %

Shares of NYSE:EOG traded down $1.78 during mid-day trading on Friday, reaching $130.02. 5,660,840 shares of the company’s stock were exchanged, compared to its average volume of 2,953,117. The firm has a market capitalization of $74.79 billion, a price-to-earnings ratio of 10.27 and a beta of 1.38. The business’s fifty day moving average price is $127.48 and its 200-day moving average price is $122.57. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.13 and a current ratio of 2.44. EOG Resources, Inc. has a twelve month low of $106.32 and a twelve month high of $139.67.

EOG Resources (NYSE:EOG) last issued its quarterly earnings results on Thursday, May 2nd. The energy exploration company reported $2.82 EPS for the quarter, topping analysts’ consensus estimates of $2.70 by $0.12. The company had revenue of $6.12 billion for the quarter, compared to analyst estimates of $5.91 billion. EOG Resources had a net margin of 30.33% and a return on equity of 25.11%. EOG Resources’s revenue was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.69 earnings per share. On average, research analysts predict that EOG Resources, Inc. will post 12.14 EPS for the current fiscal year.

EOG Resources Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 31st. Investors of record on Wednesday, July 17th will be paid a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a yield of 2.80%. The ex-dividend date of this dividend is Wednesday, July 17th. EOG Resources’s dividend payout ratio is presently 28.75%.

EOG Resources Profile

EOG Resources, Inc, together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas primarily in producing basins in the United States, the Republic of Trinidad and Tobago and internationally. The company was formerly known as Enron Oil & Gas Company.