Boston Private Wealth LLC lowered its position in shares of EOG Resources, Inc. (NYSE:EOG) by 0.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 99,739 shares of the energy exploration company’s stock after selling 828 shares during the period. Boston Private Wealth LLC’s holdings in EOG Resources were worth $9,028,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. BlackRock Inc. increased its position in EOG Resources by 2,098.0% in the first quarter. BlackRock Inc. now owns 35,740,352 shares of the energy exploration company’s stock worth $3,486,473,000 after buying an additional 34,114,299 shares during the last quarter. Jennison Associates LLC increased its position in EOG Resources by 35.3% in the first quarter. Jennison Associates LLC now owns 6,971,347 shares of the energy exploration company’s stock worth $680,055,000 after buying an additional 1,816,980 shares during the last quarter. Neuberger Berman Group LLC increased its position in EOG Resources by 3.7% in the first quarter. Neuberger Berman Group LLC now owns 6,507,833 shares of the energy exploration company’s stock worth $634,839,000 after buying an additional 231,183 shares during the last quarter. Geode Capital Management LLC increased its position in EOG Resources by 10.4% in the first quarter. Geode Capital Management LLC now owns 5,514,351 shares of the energy exploration company’s stock worth $537,142,000 after buying an additional 517,310 shares during the last quarter. Finally, American Century Companies Inc. increased its position in EOG Resources by 14.9% in the first quarter. American Century Companies Inc. now owns 4,434,418 shares of the energy exploration company’s stock worth $432,577,000 after buying an additional 576,162 shares during the last quarter. Institutional investors own 85.47% of the company’s stock.

EOG Resources, Inc. (NYSE:EOG) opened at 83.67 on Thursday. The company’s market capitalization is $48.32 billion. The company has a 50 day moving average of $90.04 and a 200 day moving average of $92.96. EOG Resources, Inc. has a 1-year low of $82.32 and a 1-year high of $109.37.

EOG Resources (NYSE:EOG) last issued its quarterly earnings data on Tuesday, August 1st. The energy exploration company reported $0.08 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by $0.02. EOG Resources had a negative return on equity of 0.68% and a negative net margin of 2.88%. The firm had revenue of $2.61 billion during the quarter, compared to the consensus estimate of $2.51 billion. During the same period in the previous year, the firm earned ($0.38) EPS. The business’s revenue was up 47.1% on a year-over-year basis. On average, analysts predict that EOG Resources, Inc. will post $0.60 earnings per share for the current fiscal year.

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EOG has been the topic of a number of research reports. Sanford C. Bernstein restated an “outperform” rating on shares of EOG Resources in a research report on Friday, July 7th. Stifel Nicolaus reiterated a “buy” rating and issued a $111.00 price target on shares of EOG Resources in a research report on Friday, July 14th. Barclays PLC reiterated an “overweight” rating and issued a $101.00 price target (up from $94.00) on shares of EOG Resources in a research report on Wednesday, August 9th. ValuEngine upgraded shares of EOG Resources from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, Citigroup Inc. downgraded shares of EOG Resources from a “buy” rating to a “neutral” rating and cut their price target for the company from $112.00 to $98.00 in a research report on Friday, July 21st. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and twenty-three have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $108.08.

In related news, EVP Lloyd W. Helms, Jr. sold 4,000 shares of EOG Resources stock in a transaction on Monday, August 14th. The stock was sold at an average price of $88.22, for a total value of $352,880.00. Following the completion of the sale, the executive vice president now owns 70,987 shares of the company’s stock, valued at $6,262,473.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.53% of the company’s stock.

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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