Flinton Capital Management LLC boosted its position in EOG Resources, Inc. (NYSE:EOG) by 4.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,424 shares of the energy exploration company’s stock after acquiring an additional 476 shares during the quarter. Flinton Capital Management LLC’s holdings in EOG Resources were worth $1,034,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of EOG. BlackRock Inc. boosted its holdings 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 valued at $3,486,473,000 after acquiring an additional 34,114,299 shares during the last quarter. Capital Research Global Investors boosted its holdings in EOG Resources by 14.7% in the second quarter. Capital Research Global Investors now owns 41,839,695 shares of the energy exploration company’s stock valued at $3,787,329,000 after acquiring an additional 5,368,941 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in EOG Resources by 64.9% in the second quarter. Ameriprise Financial Inc. now owns 5,293,904 shares of the energy exploration company’s stock valued at $479,202,000 after acquiring an additional 2,083,122 shares during the last quarter. Capital World Investors boosted its holdings in EOG Resources by 9.9% in the second quarter. Capital World Investors now owns 17,461,968 shares of the energy exploration company’s stock valued at $1,580,657,000 after acquiring an additional 1,568,085 shares during the last quarter. Finally, UBS Asset Management Americas Inc. boosted its holdings in EOG Resources by 49.2% in the second quarter. UBS Asset Management Americas Inc. now owns 4,408,298 shares of the energy exploration company’s stock valued at $399,039,000 after acquiring an additional 1,452,947 shares during the last quarter. Hedge funds and other institutional investors own 85.37% of the company’s stock.

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EOG Resources, Inc. (NYSE EOG) opened at 96.19 on Friday. The stock’s 50 day moving average price is $90.41 and its 200 day moving average price is $91.66. EOG Resources, Inc. has a 12 month low of $81.99 and a 12 month high of $109.37. The firm’s market capitalization is $55.54 billion.

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

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Tuesday, October 17th will be issued a dividend of $0.1675 per share. This represents a $0.67 annualized dividend and a dividend yield of 0.70%. The ex-dividend date is Monday, October 16th. EOG Resources’s payout ratio is -131.37%.

In other news, insider Gary L. Thomas sold 25,000 shares of the firm’s stock in a transaction that occurred on Friday, September 29th. The shares were sold at an average price of $96.63, for a total transaction of $2,415,750.00. Following the completion of the sale, the insider now owns 1,067,465 shares of the company’s stock, valued at $103,149,142.95. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Charles R. Crisp sold 3,411 shares of the firm’s stock in a transaction that occurred on Thursday, September 28th. The stock was sold at an average price of $97.03, for a total transaction of $330,969.33. Following the sale, the director now directly owns 53,196 shares of the company’s stock, valued at approximately $5,161,607.88. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 38,578 shares of company stock valued at $3,700,882. Company insiders own 0.53% of the company’s stock.

A number of research analysts have commented on the company. Imperial Capital assumed coverage on EOG Resources in a research note on Thursday, September 28th. They set an “outperform” rating and a $115.00 price objective on the stock. Stifel Nicolaus set a $106.00 price objective on EOG Resources and gave the stock a “buy” rating in a research note on Thursday. Zacks Investment Research upgraded EOG Resources from a “sell” rating to a “hold” rating in a research note on Monday, July 31st. BidaskClub upgraded EOG Resources from a “sell” rating to a “hold” rating in a research note on Monday, July 31st. Finally, Citigroup Inc. cut EOG Resources from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $112.00 to $98.00 in a research note on Friday, July 21st. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and twenty-two have assigned a buy rating to the stock. EOG Resources presently has an average rating of “Buy” and an average price target of $107.54.

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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