denkapparat Operations GmbH Takes $561,000 Position in EOG Resources, Inc. (NYSE:EOG)

denkapparat Operations GmbH purchased a new position in EOG Resources, Inc. (NYSE:EOG - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 4,574 shares of the energy exploration company's stock, valued at approximately $561,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Great Valley Advisor Group Inc. raised its position in shares of EOG Resources by 5.8% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 1,743 shares of the energy exploration company's stock worth $214,000 after acquiring an additional 95 shares in the last quarter. Kingsview Wealth Management LLC raised its stake in shares of EOG Resources by 41.0% during the third quarter. Kingsview Wealth Management LLC now owns 4,490 shares of the energy exploration company's stock worth $552,000 after purchasing an additional 1,305 shares during the last quarter. Private Trust Co. NA lifted its holdings in shares of EOG Resources by 9.4% during the third quarter. Private Trust Co. NA now owns 1,683 shares of the energy exploration company's stock worth $207,000 after purchasing an additional 144 shares during the period. Quantbot Technologies LP acquired a new stake in shares of EOG Resources in the 3rd quarter worth $1,443,000. Finally, Avestar Capital LLC raised its position in EOG Resources by 37.8% in the third quarter. Avestar Capital LLC now owns 2,594 shares of the energy exploration company's stock worth $319,000 after acquiring an additional 711 shares in the last quarter. 89.91% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently commented on EOG shares. Morgan Stanley decreased their price objective on shares of EOG Resources from $142.00 to $136.00 and set an "equal weight" rating on the stock in a report on Thursday, March 27th. Wolfe Research upgraded shares of EOG Resources from a "peer perform" rating to an "outperform" rating and set a $143.00 price objective on the stock in a research report on Friday, January 3rd. JPMorgan Chase & Co. dropped their target price on shares of EOG Resources from $149.00 to $132.00 and set a "neutral" rating for the company in a report on Thursday, March 13th. 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 research report on Thursday, January 23rd. Finally, Benchmark reaffirmed a "hold" rating on shares of EOG Resources in a research note on Monday, January 13th. Thirteen analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, EOG Resources has an average rating of "Hold" and an average price target of $144.67.

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EOG Resources Trading Up 0.3 %

NYSE:EOG traded up $0.38 on Tuesday, hitting $128.62. 559,748 shares of the stock were exchanged, compared to its average volume of 3,093,481. The stock has a market cap of $71.24 billion, a PE ratio of 10.36, a PEG ratio of 3.58 and a beta of 1.25. EOG Resources, Inc. has a fifty-two week low of $115.78 and a fifty-two week high of $139.67. The company has a current ratio of 2.31, a quick ratio of 2.07 and a debt-to-equity ratio of 0.13. The stock has a fifty day moving average of $128.06 and a 200-day moving average of $127.85.

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

EOG Resources Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be given a dividend of $0.975 per share. This represents a $3.90 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date is Wednesday, April 16th. EOG Resources's payout ratio is currently 34.73%.

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.