EOG Resources Inc (EOG) Holdings Reduced by Standard Life Aberdeen plc

Standard Life Aberdeen plc trimmed its position in shares of EOG Resources Inc (NYSE:EOG) by 26.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,564,737 shares of the energy exploration company’s stock after selling 1,646,220 shares during the quarter. EOG Resources accounts for approximately 0.9% of Standard Life Aberdeen plc’s investment portfolio, making the stock its 19th largest position. Standard Life Aberdeen plc owned 0.79% of EOG Resources worth $492,646,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Dowling & Yahnke LLC boosted its stake in EOG Resources by 2.0% during the fourth quarter. Dowling & Yahnke LLC now owns 24,481 shares of the energy exploration company’s stock worth $2,642,000 after buying an additional 485 shares during the period. Cue Financial Group Inc. boosted its stake in shares of EOG Resources by 3.7% during the fourth quarter. Cue Financial Group Inc. now owns 13,590 shares of the energy exploration company’s stock valued at $1,466,000 after purchasing an additional 490 shares during the period. Intrust Bank NA boosted its stake in shares of EOG Resources by 7.9% during the third quarter. Intrust Bank NA now owns 6,735 shares of the energy exploration company’s stock valued at $652,000 after purchasing an additional 493 shares during the period. SevenBridge Financial Group LLC boosted its stake in shares of EOG Resources by 21.9% during the third quarter. SevenBridge Financial Group LLC now owns 2,751 shares of the energy exploration company’s stock valued at $266,000 after purchasing an additional 495 shares during the period. Finally, Whalerock Point Partners LLC boosted its stake in shares of EOG Resources by 5.2% during the fourth quarter. Whalerock Point Partners LLC now owns 10,248 shares of the energy exploration company’s stock valued at $1,106,000 after purchasing an additional 502 shares during the period. 84.55% of the stock is owned by institutional investors.

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

In related news, President Gary L. Thomas sold 40,000 shares of the company’s stock in a transaction that occurred on 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 in the company, valued at $113,669,705.34. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, President Gary L. Thomas sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, December 29th. The shares were sold at an average price of $107.95, for a total value of $215,900.00. Following the completion of the sale, the president now owns 1,046,430 shares in the company, valued at approximately $112,962,118.50. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 69,934 shares of company stock worth $7,820,085. Corporate insiders own 0.53% of the company’s stock.

EOG Resources Inc (EOG) traded down $0.15 on Wednesday, hitting $107.81. 145,313 shares of the stock traded hands, compared to its average volume of 3,026,859. EOG Resources Inc has a 12-month low of $81.99 and a 12-month high of $119.00. The company has a current ratio of 1.27, a quick ratio of 1.11 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $62,239.51, a P/E ratio of 10,796.00, a P/E/G ratio of 3.32 and a beta of 1.01.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 31st. Stockholders of record on Wednesday, January 17th were issued a dividend of $0.1675 per share. The ex-dividend date was Tuesday, January 16th. This represents a $0.67 annualized dividend and a dividend yield of 0.62%. EOG Resources’s dividend payout ratio (DPR) is currently 6,700.00%.

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EOG Resources 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.

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

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