Evexia Wealth LLC Sells 4,294 Shares of EOG Resources, Inc. (NYSE:EOG)

Evexia Wealth LLC reduced its position in EOG Resources, Inc. (NYSE:EOG) by 11.8% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 31,945 shares of the energy exploration company’s stock after selling 4,294 shares during the period. EOG Resources accounts for approximately 1.5% of Evexia Wealth LLC’s portfolio, making the stock its 24th largest holding. Evexia Wealth LLC’s holdings in EOG Resources were worth $4,288,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. DRW Securities LLC grew its position in shares of EOG Resources by 871.7% in the fourth quarter. DRW Securities LLC now owns 20,891 shares of the energy exploration company’s stock valued at $2,527,000 after purchasing an additional 18,741 shares in the last quarter. Winslow Asset Management Inc. increased its position in shares of EOG Resources by 2.0% during the fourth quarter. Winslow Asset Management Inc. now owns 80,651 shares of the energy exploration company’s stock valued at $9,755,000 after buying an additional 1,551 shares during the period. Hobbs Group Advisors LLC purchased a new stake in shares of EOG Resources in the fourth quarter worth about $461,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its position in shares of EOG Resources by 26.3% in the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 4,948,119 shares of the energy exploration company’s stock valued at $598,475,000 after acquiring an additional 1,029,727 shares during the period. Finally, Scarborough Advisors LLC purchased a new position in EOG Resources during the fourth quarter valued at approximately $153,000. Institutional investors own 89.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on EOG shares. KeyCorp started coverage on shares of EOG Resources in a report on Thursday, June 27th. They issued an “overweight” rating and a $157.00 price target for the company. Morgan Stanley decreased their target price on EOG Resources from $134.00 to $132.00 and set an “equal weight” rating on the stock in a research note on Monday, September 16th. Barclays cut their price objective on EOG Resources from $144.00 to $137.00 and set an “equal weight” rating for the company in a report on Thursday, October 3rd. Sanford C. Bernstein lowered their target price on shares of EOG Resources from $139.00 to $125.00 and set a “market perform” rating on the stock in a research note on Wednesday, July 17th. Finally, StockNews.com lowered shares of EOG Resources from a “buy” rating to a “hold” rating in a report on Monday, September 16th. Fourteen investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $141.65.

Insider Activity

In other news, EVP Michael P. Donaldson sold 11,037 shares of the company’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $129.50, for a total value of $1,429,291.50. Following the sale, the executive vice president now directly owns 74,250 shares of the company’s stock, valued at $9,615,375. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director Charles R. Crisp sold 6,500 shares of the stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of $125.60, for a total value of $816,400.00. Following the sale, the director now directly owns 60,892 shares of the company’s stock, valued at approximately $7,648,035.20. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Michael P. Donaldson sold 11,037 shares of the company’s stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $129.50, for a total transaction of $1,429,291.50. Following the completion of the transaction, the executive vice president now owns 74,250 shares in the company, valued at approximately $9,615,375. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 21,537 shares of company stock worth $2,751,612 in the last quarter. 0.30% of the stock is owned by company insiders.

EOG Resources Trading Up 0.2 %

NYSE EOG traded up $0.26 on Friday, hitting $132.45. The company’s stock had a trading volume of 1,460,830 shares, compared to its average volume of 3,197,432. The firm has a market cap of $75.31 billion, a P/E ratio of 10.23, a PEG ratio of 3.38 and a beta of 1.28. EOG Resources, Inc. has a 52-week low of $108.94 and a 52-week high of $139.67. The company’s 50-day simple moving average is $125.89 and its 200 day simple moving average is $127.13. The company has a current ratio of 2.12, a quick ratio of 1.89 and a debt-to-equity ratio of 0.11.

EOG Resources (NYSE:EOG) last issued its quarterly earnings data on Thursday, August 1st. The energy exploration company reported $3.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.98 by $0.18. EOG Resources had a net margin of 30.33% and a return on equity of 25.42%. The business had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $6.07 billion. During the same period in the previous year, the firm earned $2.49 EPS. The company’s quarterly revenue was up 8.1% compared to the same quarter last year. Research analysts predict that EOG Resources, Inc. will post 11.83 EPS for the current fiscal year.

EOG Resources Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Thursday, October 17th will be issued a dividend of $0.91 per share. The ex-dividend date of this dividend is Thursday, October 17th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 2.75%. EOG Resources’s dividend payout ratio (DPR) is 28.11%.

EOG Resources Profile

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.