Bamco Inc. NY decreased its position in EOG Resources, Inc. (NYSE:EOG) by 24.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,768 shares of the energy exploration company’s stock after selling 5,000 shares during the quarter. Bamco Inc. NY’s holdings in EOG Resources were worth $1,525,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in EOG. Baker Ellis Asset Management LLC acquired a new stake in shares of EOG Resources in the third quarter valued at $101,000. First Personal Financial Services raised its position in shares of EOG Resources by 53.6% during the second quarter. First Personal Financial Services now owns 1,372 shares of the energy exploration company’s stock worth $124,000 after purchasing an additional 479 shares during the period. Fis Group Inc. acquired a new stake in shares of EOG Resources during the third quarter worth $130,000. Pinnacle Financial Partners Inc. acquired a new stake in shares of EOG Resources during the second quarter worth $143,000. Finally, Quantbot Technologies LP acquired a new stake in shares of EOG Resources during the third quarter worth $153,000. Institutional investors and hedge funds own 86.20% of the company’s stock.

EOG Resources, Inc. (NYSE EOG) traded down $0.30 during trading hours on Friday, reaching $99.64. The company had a trading volume of 2,425,000 shares, compared to its average volume of 3,067,226. The firm has a market capitalization of $57,787.23, a price-to-earnings ratio of 243.76, a price-to-earnings-growth ratio of 13.18 and a beta of 0.98. EOG Resources, Inc. has a 52-week low of $81.99 and a 52-week high of $107.95. The company has a quick ratio of 1.11, a current ratio of 1.27 and a debt-to-equity ratio of 0.46.

EOG Resources (NYSE:EOG) last posted its quarterly earnings results 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 for the quarter, compared to analyst estimates of $2.59 billion. EOG Resources had a return on equity of 1.73% and a net margin of 0.10%. EOG Resources’s quarterly revenue was up 24.8% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.40) earnings per share. sell-side analysts anticipate that EOG Resources, Inc. will post 0.84 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Wednesday, January 17th will be given a dividend of $0.1675 per share. This represents a $0.67 annualized dividend and a yield of 0.67%. The ex-dividend date of this dividend is Tuesday, January 16th. EOG Resources’s payout ratio is 6,700.00%.

In other EOG Resources news, Director Charles R. Crisp sold 3,411 shares of the company’s stock in a transaction dated Thursday, September 28th. The stock was sold at an average price of $97.03, for a total value of $330,969.33. Following the transaction, the director now directly owns 53,196 shares of the company’s stock, valued at approximately $5,161,607.88. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP David W. Trice sold 3,114 shares of the company’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $106.65, for a total value of $332,108.10. Following the completion of the transaction, the executive vice president now directly owns 80,415 shares in the company, valued at $8,576,259.75. The disclosure for this sale can be found here. Insiders have sold 153,692 shares of company stock worth $3,717,390 over the last three months. 0.53% of the stock is owned by insiders.

EOG has been the topic of a number of recent analyst reports. Morgan Stanley set a $116.00 target price on EOG Resources and gave the stock a “buy” rating in a research report on Wednesday, October 18th. Barclays boosted their target price on EOG Resources from $101.00 to $117.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 11th. Zacks Investment Research lowered EOG Resources from a “buy” rating to a “hold” rating in a research report on Friday, October 20th. Credit Suisse Group initiated coverage on EOG Resources in a research report on Monday. They set a “neutral” rating and a $106.00 target price on the stock. Finally, BMO Capital Markets set a $105.00 target price on EOG Resources and gave the stock a “buy” rating in a research report on Tuesday, October 10th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and eighteen have assigned a buy rating to the company. EOG Resources currently has an average rating of “Buy” and a consensus price target of $109.83.

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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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