GTS Securities LLC Has $1.75 Million Holdings in EOG Resources, Inc. (NYSE:EOG)

GTS Securities LLC lowered its position in shares of EOG Resources, Inc. (NYSE:EOG - Free Report) by 79.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,309 shares of the energy exploration company's stock after selling 54,733 shares during the quarter. GTS Securities LLC's holdings in EOG Resources were worth $1,754,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Capital World Investors lifted its holdings in shares of EOG Resources by 5.2% during the 4th quarter. Capital World Investors now owns 45,919,327 shares of the energy exploration company's stock valued at $5,628,497,000 after purchasing an additional 2,270,013 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in EOG Resources by 4.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 18,192,314 shares of the energy exploration company's stock worth $2,230,014,000 after buying an additional 781,282 shares during the period. Geode Capital Management LLC lifted its stake in EOG Resources by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 12,549,802 shares of the energy exploration company's stock valued at $1,541,282,000 after buying an additional 234,067 shares in the last quarter. Northern Trust Corp boosted its holdings in shares of EOG Resources by 2.9% in the fourth quarter. Northern Trust Corp now owns 5,719,012 shares of the energy exploration company's stock valued at $701,036,000 after buying an additional 159,216 shares during the period. Finally, Alliancebernstein L.P. increased its position in shares of EOG Resources by 6.9% during the fourth quarter. Alliancebernstein L.P. now owns 5,686,003 shares of the energy exploration company's stock worth $696,990,000 after acquiring an additional 365,115 shares in the last quarter. Institutional investors own 89.91% of the company's stock.

EOG Resources Stock Performance

NYSE EOG traded down $0.98 on Wednesday, hitting $110.25. 2,260,059 shares of the stock were exchanged, compared to its average volume of 3,283,709. The company has a market capitalization of $60.17 billion, a PE ratio of 8.88, a P/E/G ratio of 3.58 and a beta of 0.78. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.31 and a quick ratio of 2.07. The business's fifty day moving average is $114.15 and its 200 day moving average is $123.64. EOG Resources, Inc. has a 52 week low of $102.52 and a 52 week high of $138.18.

EOG Resources (NYSE:EOG - Get Free Report) last issued its earnings results on Thursday, May 1st. The energy exploration company reported $2.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.75 by $0.12. EOG Resources had a net margin of 29.18% and a return on equity of 23.77%. The business had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.92 billion. During the same period last year, the business posted $2.82 EPS. EOG Resources's revenue was down 7.4% on a year-over-year basis. Research analysts anticipate that EOG Resources, Inc. will post 11.47 EPS for the current fiscal year.

EOG Resources Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Thursday, July 17th will be given a $0.975 dividend. The ex-dividend date of this dividend is Thursday, July 17th. This represents a $3.90 dividend on an annualized basis and a dividend yield of 3.54%. EOG Resources's payout ratio is 36.18%.

Wall Street Analyst Weigh In

Several research firms recently commented on EOG. JPMorgan Chase & Co. cut their price objective on shares of EOG Resources from $149.00 to $132.00 and set a "neutral" rating on the stock in a research report on Thursday, March 13th. Wall Street Zen lowered EOG Resources from a "buy" rating to a "hold" rating in a report on Friday, February 21st. Susquehanna reduced their price objective on EOG Resources from $161.00 to $156.00 and set a "positive" rating for the company in a research report on Tuesday, April 22nd. Raymond James reissued a "strong-buy" rating on shares of EOG Resources in a research report on Tuesday, May 20th. Finally, Bank of America reduced their price target on EOG Resources from $125.00 to $124.00 and set a "neutral" rating for the company in a research report on Friday, May 23rd. Eleven investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, EOG Resources presently has an average rating of "Moderate Buy" and an average price target of $139.79.

Insider Transactions at EOG Resources

In other EOG Resources news, COO Jeffrey R. Leitzell sold 4,037 shares of EOG Resources stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $127.76, for a total transaction of $515,767.12. Following the completion of the transaction, the chief operating officer now directly owns 47,732 shares of the company's stock, valued at $6,098,240.32. The trade was a 7.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.13% of the stock is currently owned by corporate insiders.

EOG Resources Company Profile

EOG Resources, Inc, together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas primarily in producing basins in the United States, the Republic of Trinidad and Tobago and internationally. The company was formerly known as Enron Oil & Gas Company.