1 week Ago By ABMN Staff
Norden Group LLC increased its stake in shares of EOG Resources, Inc. ( NYSE:EOG – Free Report ) by 11.5% during the second quarter, HoldingsChannel.
com reports. The firm owned 4,362 shares of the energy exploration company’s stock after buying an additional 449 shares during the period. Norden Group LLC’s holdings in EOG Resources were worth $549,000 at the end of the most recent reporting period.
Several other large investors have also added to or reduced their stakes in the stock. Riverview Trust Co bought a new stake in shares of EOG Resources during the second quarter valued at about $27,000. MFA Wealth Advisors LLC bought a new stake in EOG Resources during the 2nd quarter worth approximately $28,000.
Gladius Capital Management LP bought a new stake in EOG Resources during the 2nd quarter worth approximately $30,000. Sachetta LLC purchased a new stake in EOG Resources in the 4th quarter worth approximately $33,000. Finally, Triad Wealth Partners LLC bought a new position in EOG Resources in the 2nd quarter valued at $35,000.
Institutional investors own 89.91% of the company’s stock. EOG Resources Stock Down 1.
0 % Shares of NYSE EOG opened at $120.35 on Monday. The firm’s fifty day moving average is $126.
66 and its 200 day moving average is $126.15. EOG Resources, Inc.
has a 52 week low of $108.94 and a 52 week high of $139.67.
The company has a quick ratio of 1.89, a current ratio of 2.12 and a debt-to-equity ratio of 0.
11. The company has a market cap of $69.17 billion, a price-to-earnings ratio of 9.
51, a PEG ratio of 3.22 and a beta of 1.28.
EOG Resources Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Thursday, October 17th will be given a $0.91 dividend.
The ex-dividend date of this dividend is Thursday, October 17th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 3.
02%. EOG Resources’s dividend payout ratio is currently 28.75%.
Wall Street Analyst Weigh In EOG has been the topic of a number of recent analyst reports. StockNews.com upgraded EOG Resources from a “hold” rating to a “buy” rating in a research report on Monday, August 5th.
Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $147.00 price target on shares of EOG Resources in a report on Wednesday, July 10th. Susquehanna cut their price objective on EOG Resources from $159.
00 to $158.00 and set a “positive” rating for the company in a report on Wednesday, September 4th. Scotiabank lowered their target price on shares of EOG Resources from $155.
00 to $150.00 and set a “sector perform” rating on the stock in a research note on Friday, July 12th. Finally, Citigroup boosted their price target on shares of EOG Resources from $124.
00 to $130.00 and gave the stock a “neutral” rating in a research note on Friday, May 24th. Thirteen analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company.
According to MarketBeat.com, EOG Resources currently has a consensus rating of “Hold” and a consensus target price of $143.95.
Get Our Latest Stock Analysis on EOG Insider Activity In related news, EVP Michael P. Donaldson sold 11,037 shares of the firm’s stock in a transaction on Monday, August 26th. The stock was sold at an average price of $129.
50, for a total value of $1,429,291.50. Following the completion of the sale, the executive vice president now owns 74,250 shares of the company’s stock, valued at $9,615,375.
The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink . In other news, Director Charles R. Crisp sold 6,500 shares of the stock in a transaction that occurred on Wednesday, August 21st.
The stock was sold at an average price of $125.60, for a total value of $816,400.00.
Following the completion of the transaction, the director now owns 60,892 shares of the company’s stock, valued at approximately $7,648,035.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink .
Also, EVP Michael P. Donaldson sold 11,037 shares of the firm’s stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $129.
50, for a total value of $1,429,291.50. Following the completion of the transaction, the executive vice president now owns 74,250 shares of the company’s stock, valued at approximately $9,615,375.
The disclosure for this sale can be found here . Over the last three months, insiders have sold 21,537 shares of company stock valued at $2,751,612. Company insiders own 0.
30% of the company’s stock. About EOG Resources ( Free Report ) 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.
See Also Want to see what other hedge funds are holding EOG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EOG Resources, Inc. ( NYSE:EOG – Free Report ).
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