Autus Asset Management LLC Sells 25 Shares of EOG Resources, Inc. (EOG)

Autus Asset Management LLC cut its holdings in shares of EOG Resources, Inc. (NYSE:EOG) by 0.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,900 shares of the energy exploration company’s stock after selling 25 shares during the quarter. Autus Asset Management LLC’s holdings in EOG Resources were worth $625,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in EOG. IHT Wealth Management LLC lifted its holdings in shares of EOG Resources by 4.1% in the first quarter. IHT Wealth Management LLC now owns 1,039 shares of the energy exploration company’s stock worth $101,000 after buying an additional 41 shares in the last quarter. Chicago Partners Investment Group LLC lifted its holdings in shares of EOG Resources by 60.0% in the first quarter. Chicago Partners Investment Group LLC now owns 1,069 shares of the energy exploration company’s stock worth $104,000 after buying an additional 401 shares in the last quarter. Advantage Investment Management LLC lifted its holdings in shares of EOG Resources by 16.6% in the first quarter. Advantage Investment Management LLC now owns 1,080 shares of the energy exploration company’s stock worth $105,000 after buying an additional 154 shares in the last quarter. Winfield Associates Inc. lifted its holdings in shares of EOG Resources by 5.3% in the first quarter. Winfield Associates Inc. now owns 1,132 shares of the energy exploration company’s stock worth $111,000 after buying an additional 57 shares in the last quarter. Finally, Exane Derivatives lifted its holdings in shares of EOG Resources by 19.8% in the second quarter. Exane Derivatives now owns 1,160 shares of the energy exploration company’s stock worth $105,000 after buying an additional 192 shares in the last quarter. 85.47% of the stock is currently owned by institutional investors and hedge funds.

COPYRIGHT VIOLATION NOTICE: This article was originally published by Markets Daily and is the property of of Markets Daily. If you are reading this article on another publication, it was illegally stolen and republished in violation of United States & international copyright and trademark law. The correct version of this article can be read at https://www.themarketsdaily.com/2017/09/10/autus-asset-management-llc-sells-25-shares-of-eog-resources-inc-eog.html.

In other news, EVP Lloyd W. Helms, Jr. sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $88.22, for a total transaction of $352,880.00. Following the transaction, the executive vice president now owns 70,987 shares of the company’s stock, valued at approximately $6,262,473.14. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.53% of the company’s stock.

EOG Resources, Inc. (NYSE EOG) opened at 86.78 on Friday. EOG Resources, Inc. has a one year low of $81.99 and a one year high of $109.37. The company’s market cap is $50.11 billion. The stock has a 50 day moving average of $88.48 and a 200 day moving average of $92.05.

EOG Resources (NYSE:EOG) last released its earnings results on Tuesday, August 1st. The energy exploration company reported $0.08 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by $0.02. The company had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.51 billion. EOG Resources had a negative net margin of 2.88% and a negative return on equity of 0.68%. The business’s revenue for the quarter was up 47.1% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.38) EPS. On average, analysts anticipate that EOG Resources, Inc. will post $0.61 earnings per share for the current fiscal year.

A number of brokerages have recently issued reports on EOG. Stifel Nicolaus reissued a “buy” rating and issued a $111.00 price target on shares of EOG Resources in a report on Friday, May 26th. Scotiabank reissued a “hold” rating and issued a $109.00 price target on shares of EOG Resources in a report on Tuesday, May 16th. Credit Suisse Group set a $108.00 price target on shares of EOG Resources and gave the stock a “hold” rating in a report on Friday, June 2nd. Barclays PLC reissued an “overweight” rating and issued a $101.00 price target (up from $94.00) on shares of EOG Resources in a report on Thursday, August 3rd. Finally, Atlantic Securities raised shares of EOG Resources from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $98.00 to $100.00 in a report on Tuesday, June 27th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and twenty-one have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $108.48.

About EOG Resources

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.

Want to see what other hedge funds are holding EOG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EOG Resources, Inc. (NYSE:EOG).

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

Receive News & Ratings for EOG Resources Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EOG Resources Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply