EOG Resources, Inc. (NYSE:EOG) Shares Acquired by WINTON GROUP Ltd

WINTON GROUP Ltd increased its stake in shares of EOG Resources, Inc. (NYSE:EOG) by 597.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,717 shares of the energy exploration company’s stock after acquiring an additional 10,894 shares during the quarter. WINTON GROUP Ltd’s holdings in EOG Resources were worth $1,559,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of EOG. Insight Inv LLC increased its position in shares of EOG Resources by 0.8% during the third quarter. Insight Inv LLC now owns 9,385 shares of the energy exploration company’s stock worth $1,154,000 after purchasing an additional 75 shares in the last quarter. Essex Financial Services Inc. increased its position in EOG Resources by 1.3% during the fourth quarter. Essex Financial Services Inc. now owns 6,145 shares of the energy exploration company’s stock worth $753,000 after buying an additional 79 shares during the period. Valmark Advisers Inc. lifted its stake in EOG Resources by 2.6% in the fourth quarter. Valmark Advisers Inc. now owns 3,140 shares of the energy exploration company’s stock valued at $385,000 after buying an additional 79 shares during the last quarter. Deseret Mutual Benefit Administrators boosted its holdings in shares of EOG Resources by 8.8% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 989 shares of the energy exploration company’s stock valued at $121,000 after acquiring an additional 80 shares during the period. Finally, 1ST Source Bank grew its position in shares of EOG Resources by 1.5% during the fourth quarter. 1ST Source Bank now owns 5,349 shares of the energy exploration company’s stock worth $656,000 after acquiring an additional 80 shares during the last quarter. 89.91% of the stock is owned by hedge funds and other institutional investors.

EOG Resources Stock Performance

EOG Resources stock opened at $126.84 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.07 and a current ratio of 2.31. EOG Resources, Inc. has a fifty-two week low of $115.78 and a fifty-two week high of $139.67. The stock has a fifty day moving average of $128.43 and a two-hundred day moving average of $127.61. The company has a market capitalization of $70.26 billion, a price-to-earnings ratio of 10.21, a PEG ratio of 3.58 and a beta of 1.25.

EOG Resources (NYSE:EOG) last released its earnings results on Friday, February 28th. The energy exploration company reported $2.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.55 by $0.19. The company had revenue of $5.59 billion for the quarter, compared to analyst estimates of $5.96 billion. EOG Resources had a net margin of 29.18% and a return on equity of 23.77%. On average, analysts anticipate that EOG Resources, Inc. will post 11.47 EPS for the current fiscal year.

EOG Resources Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be paid a $0.975 dividend. The ex-dividend date is Wednesday, April 16th. This represents a $3.90 annualized dividend and a yield of 3.07%. EOG Resources’s payout ratio is currently 34.73%.

Insider Buying and Selling at EOG Resources

In other news, COO Jeffrey R. Leitzell sold 4,000 shares of the firm’s stock in a transaction on Tuesday, December 31st. The stock was sold at an average price of $120.89, for a total transaction of $483,560.00. Following the sale, the chief operating officer now owns 42,703 shares in the company, valued at $5,162,365.67. This trade represents a 8.56 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.30% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms recently commented on EOG. UBS Group reduced their price target on shares of EOG Resources from $165.00 to $160.00 and set a “buy” rating for the company in a research report on Tuesday, March 4th. Wolfe Research upgraded shares of EOG Resources from a “peer perform” rating to an “outperform” rating and set a $143.00 target price for the company in a research note on Friday, January 3rd. Truist Financial raised their price target on EOG Resources from $135.00 to $137.00 and gave the stock a “hold” rating in a report on Monday, January 13th. Raymond James upped their price objective on EOG Resources from $167.00 to $175.00 and gave the company a “strong-buy” rating in a research note on Thursday, January 23rd. Finally, Benchmark reiterated a “hold” rating on shares of EOG Resources in a research note on Monday, January 13th. Thirteen analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, EOG Resources has an average rating of “Hold” and a consensus price target of $144.67.

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.