TIAA CREF Investment Management LLC decreased its holdings in shares of EOG Resources, Inc. (NYSE:EOG) by 16.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,385,465 shares of the energy exploration company’s stock after selling 1,471,615 shares during the quarter. TIAA CREF Investment Management LLC owned approximately 1.28% of EOG Resources worth $668,532,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in EOG. Waldron LP boosted its holdings in EOG Resources by 81.7% during the first quarter. Waldron LP now owns 4,522 shares of the energy exploration company’s stock worth $431,000 after purchasing an additional 2,033 shares during the last quarter. Pillar Pacific Capital Management LLC boosted its holdings in EOG Resources by 7.9% during the first quarter. Pillar Pacific Capital Management LLC now owns 33,650 shares of the energy exploration company’s stock worth $3,283,000 after purchasing an additional 2,470 shares during the last quarter. Chicago Equity Partners LLC boosted its holdings in EOG Resources by 21.5% during the first quarter. Chicago Equity Partners LLC now owns 88,105 shares of the energy exploration company’s stock worth $8,595,000 after purchasing an additional 15,620 shares during the last quarter. Signature Estate & Investment Advisors LLC boosted its holdings in EOG Resources by 5.0% during the first quarter. Signature Estate & Investment Advisors LLC now owns 149,517 shares of the energy exploration company’s stock worth $14,585,000 after purchasing an additional 7,128 shares during the last quarter. Finally, Capital One National Association boosted its holdings in EOG Resources by 1.7% during the first quarter. Capital One National Association now owns 14,783 shares of the energy exploration company’s stock worth $1,443,000 after purchasing an additional 245 shares during the last quarter. Institutional investors and hedge funds own 85.48% of the company’s stock.

WARNING: This piece of content was originally published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this piece of content on another publication, it was illegally stolen and republished in violation of US & international trademark & copyright legislation. The original version of this piece of content can be viewed at https://www.thecerbatgem.com/2017/09/16/tiaa-cref-investment-management-llc-sells-1471615-shares-of-eog-resources-inc-eog.html.

Several research analysts recently commented on EOG shares. BidaskClub upgraded shares of EOG Resources from a “strong sell” rating to a “sell” rating in a report on Friday, June 30th. Stifel Nicolaus restated a “buy” rating and set a $111.00 target price on shares of EOG Resources in a report on Friday, May 26th. Zacks Investment Research raised shares of EOG Resources from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. Morgan Stanley raised shares of EOG Resources from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $97.00 to $106.00 in a research report on Tuesday. Finally, Royal Bank Of Canada set a $115.00 price target on shares of EOG Resources and gave the stock a “hold” rating in a research report on Sunday, July 16th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and twenty-two have issued a buy rating to the stock. EOG Resources presently has an average rating of “Buy” and a consensus target price of $108.38.

In other EOG Resources news, EVP Lloyd W. Helms, Jr. sold 4,000 shares of the company’s stock in a transaction that occurred 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 legal filing with the SEC, which can be accessed through this link. 0.53% of the stock is owned by corporate insiders.

Shares of EOG Resources, Inc. (EOG) opened at 93.22 on Friday. The firm’s market capitalization is $53.83 billion. The stock has a 50 day moving average of $87.93 and a 200-day moving average of $91.79. EOG Resources, Inc. has a 1-year low of $81.99 and a 1-year high of $109.37.

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

EOG Resources 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.

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).

Institutional Ownership by Quarter for EOG Resources (NYSE:EOG)

Receive News & Stock Ratings for EOG Resources Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EOG Resources Inc. and related stocks with our FREE daily email newsletter.