EOG Resources, Inc. (NYSE:EOG) Stock Holdings Increased by Xponance Inc.

Xponance Inc. increased its stake in shares of EOG Resources, Inc. (NYSE:EOG - Free Report) by 21.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,074 shares of the energy exploration company's stock after purchasing an additional 14,523 shares during the quarter. Xponance Inc.'s holdings in EOG Resources were worth $9,927,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of EOG. Tejara Capital Ltd acquired a new position in shares of EOG Resources during the 4th quarter worth about $106,000. Charles Schwab Investment Management Inc. boosted its position in shares of EOG Resources by 196.1% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 9,859,925 shares of the energy exploration company's stock worth $1,175,599,000 after acquiring an additional 6,529,464 shares in the last quarter. Morgan Stanley boosted its position in shares of EOG Resources by 87.8% during the 4th quarter. Morgan Stanley now owns 7,787,281 shares of the energy exploration company's stock worth $1,008,609,000 after acquiring an additional 3,641,504 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its position in shares of EOG Resources by 126.2% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 5,111,339 shares of the energy exploration company's stock worth $662,021,000 after acquiring an additional 2,851,839 shares in the last quarter. Finally, Moneta Group Investment Advisors LLC boosted its position in shares of EOG Resources by 103,083.3% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 2,272,097 shares of the energy exploration company's stock worth $294,282,000 after acquiring an additional 2,269,895 shares in the last quarter. 89.91% of the stock is owned by institutional investors and hedge funds.

EOG Resources Price Performance

Shares of EOG traded up $1.39 during mid-day trading on Friday, hitting $133.15. The company's stock had a trading volume of 2,488,769 shares, compared to its average volume of 3,421,970. The company has a current ratio of 2.44, a quick ratio of 2.13 and a debt-to-equity ratio of 0.13. The firm has a 50-day simple moving average of $123.00 and a 200 day simple moving average of $121.99. The firm has a market capitalization of $76.59 billion, a P/E ratio of 10.25 and a beta of 1.40. EOG Resources, Inc. has a 1-year low of $106.32 and a 1-year high of $139.67.

EOG Resources (NYSE:EOG - Get Free Report) last posted its quarterly earnings results on Friday, February 23rd. The energy exploration company reported $3.07 EPS for the quarter, missing the consensus estimate of $3.14 by ($0.07). The business had revenue of $6.36 billion during the quarter, compared to analyst estimates of $6.18 billion. EOG Resources had a net margin of 31.40% and a return on equity of 25.38%. The firm's quarterly revenue was down 5.4% compared to the same quarter last year. During the same period in the prior year, the business earned $3.30 earnings per share. Analysts predict that EOG Resources, Inc. will post 12.07 EPS for the current fiscal year.

EOG Resources Dividend Announcement

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 issued a $0.91 dividend. The ex-dividend date is Monday, April 15th. This represents a $3.64 annualized dividend and a dividend yield of 2.73%. EOG Resources's dividend payout ratio is currently 27.98%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Bank of America cut EOG Resources from a "buy" rating to a "neutral" rating and lowered their price objective for the stock from $147.00 to $140.00 in a research report on Friday, January 5th. TD Securities lowered their price objective on EOG Resources from $135.00 to $130.00 and set a "hold" rating for the company in a research report on Friday, February 23rd. KeyCorp reduced their target price on EOG Resources from $157.00 to $147.00 and set an "overweight" rating for the company in a report on Thursday, January 11th. JPMorgan Chase & Co. boosted their target price on EOG Resources from $134.00 to $141.00 and gave the company a "neutral" rating in a report on Thursday, March 28th. Finally, Stifel Nicolaus reduced their target price on EOG Resources from $163.00 to $153.00 and set a "buy" rating for the company in a report on Friday, March 22nd. Thirteen equities research 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. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $141.48.

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.