Gulf International Bank UK Ltd grew its stake in shares of EOG Resources Inc (NYSE:EOG) by 0.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 139,000 shares of the energy exploration company’s stock after buying an additional 1,070 shares during the quarter. Gulf International Bank UK Ltd’s holdings in EOG Resources were worth $13,230,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Valeo Financial Advisors LLC increased its position in shares of EOG Resources by 76.4% during the first quarter. Valeo Financial Advisors LLC now owns 261 shares of the energy exploration company’s stock valued at $25,000 after acquiring an additional 113 shares in the last quarter. Athena Capital Advisors LLC purchased a new position in shares of EOG Resources during the 4th quarter valued at $46,000. Legacy Financial Advisors Inc. lifted its stake in shares of EOG Resources by 108.3% during the 4th quarter. Legacy Financial Advisors Inc. now owns 552 shares of the energy exploration company’s stock valued at $48,000 after buying an additional 287 shares in the last quarter. Quad Cities Investment Group LLC purchased a new position in shares of EOG Resources during the 1st quarter valued at $48,000. Finally, Proficio Capital Partners LLC lifted its stake in shares of EOG Resources by 30.8% during the 4th quarter. Proficio Capital Partners LLC now owns 565 shares of the energy exploration company’s stock valued at $49,000 after buying an additional 133 shares in the last quarter. 87.89% of the stock is currently owned by hedge funds and other institutional investors.

In other news, Director Frank G. Wisner sold 1,296 shares of the company’s stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $87.28, for a total value of $113,114.88. Following the completion of the sale, the director now owns 120,052 shares of the company’s stock, valued at approximately $10,478,138.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.20% of the stock is currently owned by corporate insiders.

Several brokerages have commented on EOG. Goldman Sachs Group cut shares of EOG Resources to a “buy” rating in a research note on Friday, April 12th. MKM Partners restated a “neutral” rating and issued a $109.00 target price on shares of EOG Resources in a report on Tuesday. Citigroup assumed coverage on shares of EOG Resources in a report on Tuesday, April 9th. They issued a “buy” rating on the stock. Piper Jaffray Companies restated a “buy” rating and issued a $106.00 target price on shares of EOG Resources in a report on Wednesday, January 9th. Finally, KeyCorp assumed coverage on shares of EOG Resources in a report on Thursday, January 31st. They issued a “sector weight” rating on the stock. Ten research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $123.00.

EOG stock traded up $1.29 during mid-day trading on Thursday, reaching $103.13. The company had a trading volume of 61,569 shares, compared to its average volume of 4,047,939. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.36 and a quick ratio of 1.13. The company has a market capitalization of $59.13 billion, a P/E ratio of 18.64, a P/E/G ratio of 1.41 and a beta of 1.26. EOG Resources Inc has a 12 month low of $82.04 and a 12 month high of $133.53.

EOG Resources (NYSE:EOG) last issued its earnings results on Tuesday, February 26th. The energy exploration company reported $1.24 EPS for the quarter, missing the Zacks’ consensus estimate of $1.34 by ($0.10). The company had revenue of $4.57 billion during the quarter, compared to the consensus estimate of $4.44 billion. EOG Resources had a return on equity of 17.83% and a net margin of 19.79%. EOG Resources’s revenue was up 36.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.69 earnings per share. On average, research analysts expect that EOG Resources Inc will post 4.94 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Tuesday, April 16th will be given a $0.22 dividend. The ex-dividend date is Monday, April 15th. This represents a $0.88 annualized dividend and a dividend yield of 0.85%. EOG Resources’s payout ratio is presently 15.88%.

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EOG Resources Company Profile

EOG Resources, Inc, together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. The company's principal producing areas are located in New Mexico, North Dakota, Texas, Utah, and Wyoming in the United States; and the Republic of Trinidad and Tobago, the People's Republic of China, and Canada.

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

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