6,664 Shares in EOG Resources, Inc. (NYSE:EOG) Acquired by Peak Retirement Planning Inc.

Peak Retirement Planning Inc. bought a new stake in EOG Resources, Inc. (NYSE:EOG - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 6,664 shares of the energy exploration company's stock, valued at approximately $824,000.

Several other institutional investors and hedge funds also recently made changes to their positions in EOG. Financial Life Planners acquired a new position in EOG Resources during the 4th quarter worth about $25,000. Y.D. More Investments Ltd lifted its position in EOG Resources by 149.4% during the 4th quarter. Y.D. More Investments Ltd now owns 202 shares of the energy exploration company's stock worth $25,000 after buying an additional 121 shares in the last quarter. Mainstream Capital Management LLC acquired a new position in EOG Resources during the 4th quarter worth about $25,000. Keystone Financial Group Inc. acquired a new position in EOG Resources during the 4th quarter worth about $27,000. Finally, Lee Danner & Bass Inc. acquired a new position in EOG Resources during the 4th quarter worth about $28,000. Institutional investors and hedge funds own 89.91% of the company's stock.

Insider Buying and Selling

In related news, COO Jeffrey R. Leitzell sold 4,037 shares of the stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $127.76, for a total transaction of $515,767.12. Following the completion of the sale, the chief operating officer now directly owns 47,732 shares of the company's stock, valued at approximately $6,098,240.32. This represents a 7.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.13% of the stock is owned by company insiders.

EOG Resources Trading Down 0.9%

Shares of EOG stock traded down $0.98 on Wednesday, reaching $110.25. The company had a trading volume of 2,260,582 shares, compared to its average volume of 3,283,711. The company has a current ratio of 2.31, a quick ratio of 2.07 and a debt-to-equity ratio of 0.13. The stock has a market cap of $60.17 billion, a PE ratio of 8.88, a PEG ratio of 3.58 and a beta of 0.78. The company has a 50-day moving average of $114.15 and a 200-day moving average of $123.64. EOG Resources, Inc. has a 12 month low of $102.52 and a 12 month high of $138.18.

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

EOG Resources Announces Dividend

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

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on EOG. UBS Group reduced their price target on shares of EOG Resources from $165.00 to $160.00 and set a "buy" rating on the stock in a research report on Tuesday, March 4th. Susquehanna reduced their price target on shares of EOG Resources from $161.00 to $156.00 and set a "positive" rating on the stock in a research report on Tuesday, April 22nd. Williams Trading set a $154.00 price target on shares of EOG Resources in a research report on Wednesday, March 5th. Scotiabank upgraded shares of EOG Resources from a "sector perform" rating to a "sector outperform" rating and cut their target price for the company from $150.00 to $130.00 in a research report on Friday, April 11th. Finally, JPMorgan Chase & Co. cut their target price 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. Eleven analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $139.79.

EOG Resources 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.