Sumitomo Mitsui Trust Holdings Inc. reduced its position in shares of EOG Resources, Inc. (NYSE:EOG) by 12.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,615,163 shares of the energy exploration company’s stock after selling 226,616 shares during the period. Sumitomo Mitsui Trust Holdings Inc. owned 0.28% of EOG Resources worth $156,251,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Gagnon Securities LLC boosted its holdings in shares of EOG Resources by 0.3% during the 2nd quarter. Gagnon Securities LLC now owns 3,018 shares of the energy exploration company’s stock worth $273,000 after buying an additional 8 shares during the period. Winfield Associates Inc. boosted its holdings in shares of EOG Resources by 1.7% during the 2nd quarter. Winfield Associates Inc. now owns 1,151 shares of the energy exploration company’s stock worth $103,000 after buying an additional 19 shares during the period. Quadrant Capital Group LLC boosted its holdings in shares of EOG Resources by 0.5% during the 2nd quarter. Quadrant Capital Group LLC now owns 5,007 shares of the energy exploration company’s stock worth $418,000 after buying an additional 23 shares during the period. Bank of The West boosted its holdings in shares of EOG Resources by 0.8% during the 2nd quarter. Bank of The West now owns 3,751 shares of the energy exploration company’s stock worth $339,000 after buying an additional 28 shares during the period. Finally, IHT Wealth Management LLC boosted its holdings in shares of 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 buying an additional 41 shares during the period. 85.36% of the stock is owned by institutional investors and hedge funds.

Several analysts recently issued reports on EOG shares. BMO Capital Markets reaffirmed a “buy” rating and set a $95.00 price objective on shares of EOG Resources in a report on Friday, August 4th. Stifel Nicolaus set a $106.00 price objective on shares of EOG Resources and gave the stock a “buy” rating in a report on Thursday, October 5th. Robert W. Baird set a $114.00 price target on shares of EOG Resources and gave the company a “buy” rating in a report on Thursday, October 12th. Morgan Stanley set a $116.00 price target on shares of EOG Resources and gave the company a “buy” rating in a report on Wednesday, October 18th. Finally, Jefferies Group LLC reissued a “hold” rating and issued a $89.00 price target (down from $101.00) on shares of EOG Resources in a report on Tuesday, August 29th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and nineteen have assigned a buy rating to the company’s stock. EOG Resources presently has a consensus rating of “Buy” and an average target price of $108.79.

EOG Resources, Inc. (EOG) traded down $1.11 on Thursday, reaching $101.36. 3,357,700 shares of the company’s stock traded hands, compared to its average volume of 3,129,368. The company has a quick ratio of 1.11, a current ratio of 1.27 and a debt-to-equity ratio of 0.46. The firm has a market cap of $58,610.00, a PE ratio of 249.93, a PEG ratio of 14.67 and a beta of 0.99. EOG Resources, Inc. has a 52-week low of $81.99 and a 52-week high of $109.37.

EOG Resources (NYSE:EOG) last posted its quarterly earnings data on Thursday, November 2nd. The energy exploration company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.07. The firm had revenue of $2.64 billion during the quarter, compared to analysts’ expectations of $2.59 billion. EOG Resources had a net margin of 0.10% and a return on equity of 1.73%. The company’s quarterly revenue was up 24.8% compared to the same quarter last year. During the same quarter last year, the company posted ($0.40) EPS. sell-side analysts expect that EOG Resources, Inc. will post 0.78 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 31st. Shareholders of record on Tuesday, October 17th were given a $0.1675 dividend. This represents a $0.67 annualized dividend and a yield of 0.66%. The ex-dividend date was Monday, October 16th. EOG Resources’s payout ratio is presently 6,700.00%.

In other EOG Resources news, insider Gary L. Thomas sold 25,000 shares of the firm’s stock in a transaction dated Friday, September 29th. The shares were sold at an average price of $96.63, for a total value of $2,415,750.00. Following the completion of the sale, the insider now owns 1,067,465 shares in the company, valued at approximately $103,149,142.95. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Charles R. Crisp sold 3,411 shares of the firm’s stock in a transaction dated Thursday, September 28th. The shares were sold at an average price of $97.03, for a total transaction of $330,969.33. Following the completion of the sale, the director now 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. Insiders sold a total of 153,692 shares of company stock valued at $3,717,390 in the last 90 days. Corporate insiders own 0.53% of the company’s stock.

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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.

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

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