Morgens Waterfall Vintiadis & Co. Inc. bought a new stake in shares of EOG Resources Inc (NYSE:EOG) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 5,000 shares of the energy exploration company’s stock, valued at approximately $540,000.
Other institutional investors also recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio increased its stake in EOG Resources by 0.5% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 424,468 shares of the energy exploration company’s stock valued at $41,063,000 after buying an additional 1,957 shares during the period. Dimensional Fund Advisors LP increased its stake in EOG Resources by 4.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,245,132 shares of the energy exploration company’s stock valued at $120,454,000 after buying an additional 49,303 shares during the period. Toronto Dominion Bank increased its stake in EOG Resources by 4.1% during the 4th quarter. Toronto Dominion Bank now owns 251,719 shares of the energy exploration company’s stock valued at $27,162,000 after buying an additional 9,840 shares during the period. Artisan Partners Limited Partnership increased its stake in EOG Resources by 14.2% during the 3rd quarter. Artisan Partners Limited Partnership now owns 462,688 shares of the energy exploration company’s stock valued at $44,760,000 after buying an additional 57,441 shares during the period. Finally, Southport Management L.L.C. acquired a new position in shares of EOG Resources in the 3rd quarter worth approximately $967,000. 85.69% of the stock is currently owned by hedge funds and other institutional investors.
In other EOG Resources news, EVP Michael P. Donaldson sold 15,322 shares of EOG Resources stock in a transaction that occurred on 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 $6,846,116.42. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Gary L. Thomas sold 40,000 shares of EOG Resources stock in a transaction that occurred on Wednesday, January 10th. The shares were sold at an average price of $112.94, for a total transaction of $4,517,600.00. Following the completion of the sale, the president now owns 1,006,461 shares of the company’s stock, valued at $113,669,705.34. The disclosure for this sale can be found here. Insiders sold 69,934 shares of company stock valued at $7,820,085 over the last quarter. Corporate insiders own 0.53% of the company’s stock.
Shares of EOG Resources Inc (NYSE EOG) opened at $102.80 on Monday. The company has a current ratio of 1.20, a quick ratio of 1.03 and a debt-to-equity ratio of 0.37. The company has a market cap of $59,483.82, a P/E ratio of 92.61, a P/E/G ratio of 3.27 and a beta of 1.09. EOG Resources Inc has a fifty-two week low of $81.99 and a fifty-two week high of $119.00.
EOG Resources (NYSE:EOG) last posted its earnings results on Tuesday, February 27th. The energy exploration company reported $0.69 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.39 by $0.30. The firm had revenue of $3.34 billion during the quarter, compared to analysts’ expectations of $3.03 billion. EOG Resources had a net margin of 23.04% and a return on equity of 4.47%. analysts anticipate that EOG Resources Inc will post 4.11 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, April 30th. Shareholders of record on Monday, April 16th will be paid a $0.185 dividend. The ex-dividend date is Friday, April 13th. This is a boost from EOG Resources’s previous quarterly dividend of $0.17. This represents a $0.74 dividend on an annualized basis and a yield of 0.72%. EOG Resources’s payout ratio is 15.02%.
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.
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