Vise Technologies Inc. Boosts Position in EOG Resources, Inc. (NYSE:EOG)

Vise Technologies Inc. boosted its holdings in EOG Resources, Inc. (NYSE:EOG - Free Report) by 103.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,993 shares of the energy exploration company's stock after purchasing an additional 7,629 shares during the quarter. Vise Technologies Inc.'s holdings in EOG Resources were worth $1,838,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Inspire Trust Co. N.A. raised its position in EOG Resources by 13.2% during the 4th quarter. Inspire Trust Co. N.A. now owns 8,600 shares of the energy exploration company's stock worth $1,054,000 after buying an additional 1,000 shares during the last quarter. 10Elms LLP acquired a new position in shares of EOG Resources during the 4th quarter worth $44,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its stake in shares of EOG Resources by 13.6% during the 4th quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 108,886 shares of the energy exploration company's stock worth $13,347,000 after purchasing an additional 12,997 shares during the period. Focus Partners Advisor Solutions LLC grew its stake in shares of EOG Resources by 320.5% during the 4th quarter. Focus Partners Advisor Solutions LLC now owns 11,357 shares of the energy exploration company's stock worth $1,392,000 after purchasing an additional 8,656 shares during the period. Finally, Voloridge Investment Management LLC grew its stake in shares of EOG Resources by 2.0% during the 4th quarter. Voloridge Investment Management LLC now owns 213,288 shares of the energy exploration company's stock worth $26,145,000 after purchasing an additional 4,192 shares during the period. Hedge funds and other institutional investors own 89.91% of the company's stock.

Insider Transactions at EOG Resources

In other news, COO Jeffrey R. Leitzell sold 4,037 shares of the stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $127.76, for a total transaction of $515,767.12. Following the transaction, the chief operating officer now directly owns 47,732 shares in the company, valued at $6,098,240.32. This represents a 7.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.13% of the company's stock.

EOG Resources Trading Up 0.9%

Shares of EOG stock traded up $1.02 during trading hours on Tuesday, hitting $111.20. 2,475,129 shares of the company were exchanged, compared to its average volume of 3,287,803. The firm has a market cap of $60.69 billion, a PE ratio of 8.95, a PEG ratio of 3.58 and a beta of 0.78. EOG Resources, Inc. has a 1 year low of $102.52 and a 1 year high of $138.18. 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 firm has a fifty day moving average of $114.41 and a 200 day moving average of $123.73.

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

EOG Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Thursday, July 17th will be issued a dividend of $0.975 per share. The ex-dividend date is Thursday, July 17th. This represents a $3.90 annualized dividend and a dividend yield of 3.51%. EOG Resources's payout ratio is currently 36.18%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Susquehanna lowered their price objective on shares of EOG Resources from $161.00 to $156.00 and set a "positive" rating on the stock in a research note on Tuesday, April 22nd. Raymond James reissued a "strong-buy" rating on shares of EOG Resources in a research note on Tuesday, May 20th. Scotiabank raised shares of EOG Resources from a "sector perform" rating to a "sector outperform" rating and lowered their price objective for the company from $150.00 to $130.00 in a research note on Friday, April 11th. Wells Fargo & Company lowered their price objective on shares of EOG Resources from $150.00 to $146.00 and set an "overweight" rating on the stock in a research note on Thursday, March 13th. Finally, Barclays lowered their price objective on shares of EOG Resources from $140.00 to $137.00 and set an "equal weight" rating on the stock in a research note on Friday, May 2nd. Eleven 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.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target 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.