CreativeOne Wealth LLC Sells 2,930 Shares of EOG Resources, Inc. (NYSE:EOG)

CreativeOne Wealth LLC reduced its position in shares of EOG Resources, Inc. (NYSE:EOG - Free Report) by 20.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,577 shares of the energy exploration company's stock after selling 2,930 shares during the period. CreativeOne Wealth LLC's holdings in EOG Resources were worth $1,419,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Financial Life Planners bought a new position in shares of EOG Resources during the 4th quarter worth approximately $25,000. Y.D. More Investments Ltd increased its position in shares of EOG Resources by 149.4% during the 4th quarter. Y.D. More Investments Ltd now owns 202 shares of the energy exploration company's stock worth $25,000 after purchasing an additional 121 shares during the last quarter. Mainstream Capital Management LLC acquired a new stake in shares of EOG Resources in the 4th quarter valued at approximately $25,000. Decker Retirement Planning Inc. bought a new position in shares of EOG Resources in the fourth quarter valued at $27,000. Finally, Keystone Financial Group Inc. bought a new stake in EOG Resources during the fourth quarter worth $27,000. 89.91% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, COO Jeffrey R. Leitzell sold 4,037 shares of EOG Resources stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $127.76, for a total value of $515,767.12. Following the completion of the sale, the chief operating officer now owns 47,732 shares in the company, valued at $6,098,240.32. The trade was a 7.80 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.13% of the company's stock.

EOG Resources Trading Up 1.7 %

NYSE:EOG traded up $1.88 during mid-day trading on Tuesday, hitting $110.99. 427,612 shares of the company's stock were exchanged, compared to its average volume of 3,696,618. The company has a current ratio of 2.31, a quick ratio of 2.07 and a debt-to-equity ratio of 0.13. EOG Resources, Inc. has a fifty-two week low of $102.52 and a fifty-two week high of $138.18. The company has a 50 day simple moving average of $121.90 and a 200-day simple moving average of $126.24. The firm has a market capitalization of $61.21 billion, a P/E ratio of 8.93, a PEG ratio of 3.58 and a beta of 0.93.

EOG Resources (NYSE:EOG - Get Free Report) last announced its earnings results on Friday, February 28th. The energy exploration company reported $2.74 EPS for the quarter, topping the consensus estimate of $2.55 by $0.19. EOG Resources had a return on equity of 23.77% and a net margin of 29.18%. The firm had revenue of $5.59 billion for the quarter, compared to the consensus estimate of $5.96 billion. As a group, research analysts expect that EOG Resources, Inc. will post 11.47 earnings per share for the current year.

EOG Resources Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be issued a $0.975 dividend. The ex-dividend date is Wednesday, April 16th. This represents a $3.90 annualized dividend and a yield of 3.51%. EOG Resources's payout ratio is 34.73%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on EOG shares. UBS Group lowered their price objective on shares of EOG Resources from $165.00 to $160.00 and set a "buy" rating on the stock in a research note on Tuesday, March 4th. Citigroup decreased their target price on EOG Resources from $134.00 to $125.00 and set a "neutral" rating on the stock in a report on Monday, March 17th. Barclays decreased their price objective on shares of EOG Resources from $146.00 to $144.00 and set an "equal weight" rating on the stock in a report on Tuesday, March 18th. Raymond James increased their price target on shares of EOG Resources from $167.00 to $175.00 and gave the company a "strong-buy" rating in a report on Thursday, January 23rd. Finally, Bank of America reaffirmed a "neutral" rating and issued a $144.00 target price (down previously from $151.00) on shares of EOG Resources in a research report on Monday, January 13th. Twelve investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, EOG Resources presently has an average rating of "Moderate Buy" and an average target price of $143.71.

About EOG Resources

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.