GRATRY & Co LLC reduced its holdings in shares of EOG Resources, Inc. (NYSE:EOG) by 2.2% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 5,000 shares of the energy exploration company’s stock after selling 110 shares during the period. GRATRY & Co LLC’s holdings in EOG Resources were worth $453,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. IHT Wealth Management LLC grew its position in EOG Resources by 4.1% during the 1st quarter. IHT Wealth Management LLC now owns 1,039 shares of the energy exploration company’s stock worth $101,000 after purchasing an additional 41 shares during the last quarter. Chicago Partners Investment Group LLC grew its position in EOG Resources by 60.0% during the 1st quarter. Chicago Partners Investment Group LLC now owns 1,069 shares of the energy exploration company’s stock worth $104,000 after purchasing an additional 401 shares during the last quarter. Winfield Associates Inc. grew its position in EOG Resources by 5.3% during the 1st quarter. Winfield Associates Inc. now owns 1,132 shares of the energy exploration company’s stock worth $111,000 after purchasing an additional 57 shares during the last quarter. Exane Derivatives grew its position in EOG Resources by 19.8% during the 2nd quarter. Exane Derivatives now owns 1,160 shares of the energy exploration company’s stock worth $105,000 after purchasing an additional 192 shares during the last quarter. Finally, Citizens Financial Group Inc. RI grew its position in EOG Resources by 17.3% during the 1st quarter. Citizens Financial Group Inc. RI now owns 1,270 shares of the energy exploration company’s stock worth $124,000 after purchasing an additional 187 shares during the last quarter. 85.37% of the stock is currently owned by institutional investors.

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Several brokerages have issued reports on EOG. Imperial Capital began coverage on shares of EOG Resources in a research report on Thursday, September 28th. They set an “outperform” rating and a $115.00 price objective on the stock. J P Morgan Chase & Co raised their price objective on shares of EOG Resources from $90.00 to $96.00 and gave the stock a “neutral” rating in a research report on Thursday. Robert W. Baird set a $114.00 price objective on shares of EOG Resources and gave the stock a “buy” rating in a research report on Thursday. BMO Capital Markets set a $105.00 price objective on shares of EOG Resources and gave the stock a “buy” rating in a research report on Tuesday. Finally, Royal Bank Of Canada set a $107.00 price objective on shares of EOG Resources and gave the stock a “hold” rating in a research report on Tuesday. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and twenty-two have issued a buy rating to the company’s stock. EOG Resources currently has an average rating of “Buy” and an average price target of $108.28.

In other EOG Resources news, insider Gary L. Thomas sold 25,000 shares of the company’s stock in a transaction dated 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 directly owns 1,067,465 shares of the company’s stock, valued at $103,149,142.95. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Michael P. Donaldson sold 6,167 shares of the company’s stock in a transaction dated Thursday, September 28th. The shares were sold at an average price of $97.50, for a total transaction of $601,282.50. Following the sale, the executive vice president now directly owns 74,316 shares of the company’s stock, valued at $7,245,810. The disclosure for this sale can be found here. Insiders have sold 38,578 shares of company stock valued at $3,700,882 over the last ninety days. Insiders own 0.53% of the company’s stock.

Shares of EOG Resources, Inc. (NYSE EOG) traded up 0.14% during midday trading on Friday, hitting $96.79. 626,235 shares of the stock were exchanged. The stock’s 50-day moving average price is $91.83 and its 200 day moving average price is $91.71. EOG Resources, Inc. has a one year low of $81.99 and a one year high of $109.37. The stock’s market cap is $55.89 billion.

EOG Resources (NYSE:EOG) last posted its quarterly earnings data on Tuesday, August 1st. The energy exploration company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). EOG Resources had a negative net margin of 2.88% and a negative return on equity of 0.68%. The firm had revenue of $2.61 billion for the quarter, compared to analysts’ expectations of $2.51 billion. During the same period in the prior year, the company posted ($0.38) earnings per share. EOG Resources’s quarterly revenue was up 47.1% compared to the same quarter last year. On average, analysts anticipate that EOG Resources, Inc. will post $0.62 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Tuesday, October 17th will be paid a dividend of $0.1675 per share. This represents a $0.67 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date is Monday, October 16th. EOG Resources’s dividend payout ratio is presently -131.37%.

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.

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

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