Curi RMB Capital LLC Buys 11,932 Shares of EOG Resources, Inc. (NYSE:EOG)

Curi RMB Capital LLC increased its stake in EOG Resources, Inc. (NYSE:EOG - Free Report) by 6.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 208,544 shares of the energy exploration company's stock after purchasing an additional 11,932 shares during the period. Curi RMB Capital LLC's holdings in EOG Resources were worth $25,563,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of EOG. Charles Schwab Investment Management Inc. grew its stake in shares of EOG Resources by 4.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 18,192,314 shares of the energy exploration company's stock worth $2,230,014,000 after acquiring an additional 781,282 shares in the last quarter. Geode Capital Management LLC lifted its position in EOG Resources by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 12,549,802 shares of the energy exploration company's stock worth $1,541,282,000 after buying an additional 234,067 shares in the last quarter. Alliancebernstein L.P. grew its holdings in shares of EOG Resources by 6.9% in the 4th quarter. Alliancebernstein L.P. now owns 5,686,003 shares of the energy exploration company's stock valued at $696,990,000 after acquiring an additional 365,115 shares in the last quarter. Franklin Resources Inc. boosted its position in EOG Resources by 64.7% during the third quarter. Franklin Resources Inc. now owns 5,284,228 shares of the energy exploration company's stock valued at $694,717,000 after purchasing an additional 2,076,134 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of EOG Resources by 1.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,874,964 shares of the energy exploration company's stock valued at $597,476,000 after buying an additional 50,896 shares in the last quarter. 89.91% of the stock is currently owned by institutional investors.

Insider Buying and Selling at EOG Resources

In other news, COO Jeffrey R. Leitzell sold 4,037 shares of the business's stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $127.76, for a total transaction 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.13% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Royal Bank of Canada raised shares of EOG Resources from a "sector perform" rating to an "outperform" rating and lifted their price objective for the company from $150.00 to $155.00 in a research report on Wednesday, February 12th. Scotiabank raised EOG Resources from a "sector perform" rating to a "sector outperform" rating and decreased their target price for the stock from $150.00 to $130.00 in a report on Friday, April 11th. Raymond James reiterated a "strong-buy" rating on shares of EOG Resources in a report on Monday. Bank of America reiterated a "neutral" rating and issued a $144.00 price target (down previously from $151.00) on shares of EOG Resources in a research note on Monday, January 13th. Finally, Barclays reduced their price objective on EOG Resources from $144.00 to $140.00 and set an "equal weight" rating for the company in a report on Wednesday. Twelve equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $143.00.

EOG Resources Trading Up 1.5 %

NYSE EOG traded up $1.71 during mid-day trading on Thursday, reaching $113.28. 881,596 shares of the stock were exchanged, compared to its average volume of 3,684,356. The stock has a market cap of $62.48 billion, a P/E ratio of 9.12, a P/E/G ratio of 3.58 and a beta of 0.93. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.31 and a quick ratio of 2.07. EOG Resources, Inc. has a one year low of $102.52 and a one year high of $138.18. The stock has a 50 day simple moving average of $121.19 and a 200-day simple moving average of $126.04.

EOG Resources (NYSE:EOG - Get Free Report) last released 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 business had revenue of $5.59 billion during the quarter, compared to analysts' expectations of $5.96 billion. On average, analysts anticipate that EOG Resources, Inc. will post 11.47 EPS for the current year.

EOG Resources Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be paid a dividend of $0.975 per share. This represents a $3.90 annualized dividend and a yield of 3.44%. The ex-dividend date is Wednesday, April 16th. EOG Resources's dividend payout ratio is presently 34.73%.

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.