1,700 Shares in EOG Resources, Inc. $EOG Purchased by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC purchased a new position in shares of EOG Resources, Inc. (NYSE:EOG) during the second quarter, Holdings Channel reports. The firm purchased 1,700 shares of the energy exploration company’s stock, valued at approximately $203,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. KLP Kapitalforvaltning AS boosted its position in EOG Resources by 23.4% during the second quarter. KLP Kapitalforvaltning AS now owns 326,903 shares of the energy exploration company’s stock worth $39,101,000 after acquiring an additional 61,900 shares during the last quarter. Confluence Wealth Services Inc. boosted its position in EOG Resources by 2.0% during the second quarter. Confluence Wealth Services Inc. now owns 10,658 shares of the energy exploration company’s stock worth $1,275,000 after acquiring an additional 213 shares during the last quarter. Fenimore Asset Management Inc boosted its position in EOG Resources by 1.2% during the second quarter. Fenimore Asset Management Inc now owns 374,538 shares of the energy exploration company’s stock worth $44,799,000 after acquiring an additional 4,475 shares during the last quarter. Hunter Perkins Capital Management LLC boosted its holdings in EOG Resources by 0.3% in the 2nd quarter. Hunter Perkins Capital Management LLC now owns 62,008 shares of the energy exploration company’s stock valued at $7,417,000 after purchasing an additional 175 shares during the last quarter. Finally, Sendero Wealth Management LLC boosted its holdings in EOG Resources by 23.3% in the 2nd quarter. Sendero Wealth Management LLC now owns 3,152 shares of the energy exploration company’s stock valued at $377,000 after purchasing an additional 596 shares during the last quarter. 89.91% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. Mizuho decreased their target price on shares of EOG Resources from $140.00 to $133.00 and set a “neutral” rating on the stock in a report on Monday, September 15th. Melius Research assumed coverage on shares of EOG Resources in a report on Wednesday, August 20th. They issued a “buy” rating and a $173.00 target price on the stock. Stephens assumed coverage on shares of EOG Resources in a report on Tuesday, June 17th. They issued an “equal weight” rating and a $137.00 target price on the stock. KeyCorp decreased their target price on shares of EOG Resources from $140.00 to $138.00 and set an “overweight” rating on the stock in a report on Wednesday, September 3rd. Finally, Raymond James Financial boosted their target price on shares of EOG Resources from $158.00 to $161.00 and gave the company a “strong-buy” rating in a report on Tuesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and fourteen have assigned a Hold rating to the company. According to data from MarketBeat.com, EOG Resources presently has an average rating of “Hold” and a consensus price target of $143.43.

EOG Resources Stock Performance

Shares of EOG stock opened at $108.14 on Friday. The firm’s 50 day moving average price is $117.43 and its 200-day moving average price is $116.64. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.61 and a current ratio of 1.79. EOG Resources, Inc. has a one year low of $102.52 and a one year high of $138.18. The firm has a market cap of $59.04 billion, a P/E ratio of 10.51, a P/E/G ratio of 8.35 and a beta of 0.74.

EOG Resources (NYSE:EOG) last issued its quarterly earnings data on Thursday, August 7th. The energy exploration company reported $2.32 EPS for the quarter, topping the consensus estimate of $2.14 by $0.18. EOG Resources had a net margin of 25.25% and a return on equity of 20.51%. The firm had revenue of $5.48 billion for the quarter, compared to analyst estimates of $5.45 billion. During the same period in the prior year, the business posted $3.16 EPS. The business’s revenue for the quarter was down 9.1% compared to the same quarter last year. As a group, equities research analysts predict that EOG Resources, Inc. will post 11.47 EPS for the current year.

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.