Cypress Asset Management Inc. TX Has $1.81 Million Holdings in EOG Resources Inc (NYSE:EOG)

Cypress Asset Management Inc. TX trimmed its position in shares of EOG Resources Inc (NYSE:EOG) by 14.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 16,797 shares of the energy exploration company’s stock after selling 2,762 shares during the quarter. Cypress Asset Management Inc. TX’s holdings in EOG Resources were worth $1,813,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in EOG. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in EOG Resources by 4.0% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 160,137 shares of the energy exploration company’s stock worth $17,280,000 after acquiring an additional 6,213 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in EOG Resources by 80.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 8,643 shares of the energy exploration company’s stock worth $933,000 after acquiring an additional 3,849 shares during the period. Mutual of America Capital Management LLC raised its position in shares of EOG Resources by 3.3% during the fourth quarter. Mutual of America Capital Management LLC now owns 72,512 shares of the energy exploration company’s stock valued at $7,825,000 after buying an additional 2,284 shares during the last quarter. Vigilant Capital Management LLC raised its position in shares of EOG Resources by 4.4% during the fourth quarter. Vigilant Capital Management LLC now owns 115,797 shares of the energy exploration company’s stock valued at $12,496,000 after buying an additional 4,873 shares during the last quarter. Finally, Bessemer Group Inc. raised its position in shares of EOG Resources by 9.5% during the fourth quarter. Bessemer Group Inc. now owns 218,520 shares of the energy exploration company’s stock valued at $23,580,000 after buying an additional 18,950 shares during the last quarter. 85.44% of the stock is currently owned by institutional investors.

Shares of EOG Resources Inc (NYSE EOG) traded up $0.05 on Thursday, hitting $106.81. The company’s stock had a trading volume of 603,357 shares, compared to its average volume of 3,005,180. EOG Resources Inc has a twelve month low of $81.99 and a twelve month high of $119.00. The firm has a market cap of $59,250.12, a P/E ratio of 10,680.50, a PEG ratio of 3.16 and a beta of 1.01. The company has a quick ratio of 1.11, a current ratio of 1.27 and a debt-to-equity ratio of 0.46.

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 31st. Shareholders of record on Wednesday, January 17th were paid a $0.1675 dividend. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.63%. The ex-dividend date was Tuesday, January 16th. EOG Resources’s dividend payout ratio (DPR) is presently 6,700.00%.

In other EOG Resources news, President Gary L. Thomas sold 40,000 shares of the stock in a transaction dated Wednesday, January 10th. The stock was sold at an average price of $112.94, for a total value of $4,517,600.00. Following the sale, the president now owns 1,006,461 shares of the company’s stock, valued at approximately $113,669,705.34. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Michael P. Donaldson sold 15,322 shares of the stock in a transaction dated Thursday, January 11th. The shares were sold at an average price of $114.26, for a total value of $1,750,691.72. Following the completion of the sale, the executive vice president now directly owns 59,917 shares in the company, valued at approximately $6,846,116.42. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 69,934 shares of company stock valued at $7,820,085. Company insiders own 0.53% of the company’s stock.

Several equities research analysts have recently issued reports on EOG shares. Piper Jaffray Companies reiterated a “buy” rating and set a $106.00 price objective on shares of EOG Resources in a research report on Wednesday, November 22nd. Argus lifted their price objective on shares of EOG Resources to $133.00 and gave the stock a “buy” rating in a research note on Monday, January 8th. BMO Capital Markets reiterated a “buy” rating and set a $120.00 target price on shares of EOG Resources in a research report on Thursday, January 11th. Credit Suisse Group set a $126.00 price objective on EOG Resources and gave the company a “hold” rating in a report on Tuesday, January 23rd. They noted that the move was a valuation call. Finally, Bank of America downgraded EOG Resources from a “buy” rating to a “neutral” rating and set a $125.00 price objective for the company. in a report on Thursday, January 4th. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, eight have issued a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $116.64.

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EOG Resources Company Profile

EOG Resources, Inc explores for, develops, produces and markets crude oil and natural gas in major producing basins in the United States, The Republic of Trinidad and Tobago, the United Kingdom, The People’s Republic of China, Canada and, from time to time, select other international areas. Its operations are all crude oil and natural gas exploration and production related.

Institutional Ownership by Quarter for EOG Resources (NYSE:EOG)

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