Vise Technologies Inc. Has $1.84 Million Position in EOG Resources, Inc. (NYSE:EOG)

Vise Technologies Inc. increased its holdings in EOG Resources, Inc. (NYSE:EOG - Free Report) by 103.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 14,993 shares of the energy exploration company's stock after acquiring an additional 7,629 shares during the quarter. Vise Technologies Inc.'s holdings in EOG Resources were worth $1,838,000 as of its most recent filing with the SEC.

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

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Wall Street Zen cut shares of EOG Resources from a "buy" rating to a "hold" rating in a report on Friday, February 21st. Susquehanna cut their target price on shares of EOG Resources from $161.00 to $156.00 and set a "positive" rating on the stock in a report on Tuesday, April 22nd. KeyCorp cut their target price on shares of EOG Resources from $150.00 to $140.00 and set an "overweight" rating on the stock in a report on Monday, April 21st. Wells Fargo & Company cut their target price on shares of EOG Resources from $150.00 to $146.00 and set an "overweight" rating on the stock in a report on Thursday, March 13th. Finally, Raymond James restated a "strong-buy" rating on shares of EOG Resources in a research note on Tuesday, May 20th. Eleven investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $139.79.

Insider Buying and Selling

In related news, COO Jeffrey R. Leitzell sold 4,037 shares of the firm's stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $127.76, for a total value of $515,767.12. Following the completion of the transaction, the chief operating officer now owns 47,732 shares of the company's stock, valued at approximately $6,098,240.32. This trade represents a 7.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.13% of the company's stock.

EOG Resources Price Performance

EOG Resources stock traded down $0.82 during mid-day trading on Thursday, hitting $109.63. The company's stock had a trading volume of 741,335 shares, compared to its average volume of 3,271,815. The company has a quick ratio of 2.07, a current ratio of 2.31 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $59.83 billion, a P/E ratio of 8.83, a P/E/G ratio of 3.58 and a beta of 0.78. EOG Resources, Inc. has a twelve month low of $102.52 and a twelve month high of $138.18. The stock's fifty day moving average price is $113.86 and its two-hundred day moving average price is $123.55.

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

EOG Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Thursday, July 17th will be paid a $0.975 dividend. This represents a $3.90 dividend on an annualized basis and a yield of 3.56%. The ex-dividend date is Thursday, July 17th. EOG Resources's dividend payout ratio is 36.18%.

About EOG Resources

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.