Dimensional Fund Advisors LP Has $597.48 Million Position in EOG Resources, Inc. (NYSE:EOG)

Dimensional Fund Advisors LP increased its holdings in EOG Resources, Inc. (NYSE:EOG - Free Report) by 1.1% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,874,964 shares of the energy exploration company's stock after buying an additional 50,896 shares during the period. Dimensional Fund Advisors LP owned 0.87% of EOG Resources worth $597,476,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of EOG. First Trust Advisors LP lifted its stake in EOG Resources by 12.4% in the fourth quarter. First Trust Advisors LP now owns 2,823,131 shares of the energy exploration company's stock worth $346,059,000 after acquiring an additional 311,252 shares during the period. Forum Financial Management LP increased its holdings in shares of EOG Resources by 2.9% in the 4th quarter. Forum Financial Management LP now owns 8,080 shares of the energy exploration company's stock worth $990,000 after purchasing an additional 227 shares in the last quarter. GeoWealth Management LLC lifted its position in EOG Resources by 27.1% during the fourth quarter. GeoWealth Management LLC now owns 6,795 shares of the energy exploration company's stock valued at $833,000 after purchasing an additional 1,447 shares during the period. Capital International Sarl grew its holdings in shares of EOG Resources by 38.4% in the fourth quarter. Capital International Sarl now owns 14,668 shares of the energy exploration company's stock worth $1,798,000 after acquiring an additional 4,071 shares during the period. Finally, Canada Pension Plan Investment Board grew its stake in shares of EOG Resources by 1.5% during the 4th quarter. Canada Pension Plan Investment Board now owns 150,487 shares of the energy exploration company's stock valued at $18,447,000 after purchasing an additional 2,185 shares during the period. 89.91% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at EOG Resources

In related news, COO Jeffrey R. Leitzell sold 4,037 shares of the firm's 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 transaction, the chief operating officer now directly owns 47,732 shares of the company's stock, valued at approximately $6,098,240.32. This trade represents a 7.80 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.13% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on EOG shares. Citigroup dropped their price target on shares of EOG Resources from $134.00 to $125.00 and set a "neutral" rating for the company in a research report on Monday, March 17th. Benchmark restated a "hold" rating on shares of EOG Resources in a report on Monday, January 13th. KeyCorp decreased their price objective on EOG Resources from $150.00 to $140.00 and set an "overweight" rating for the company in a report on Monday. Royal Bank of Canada raised EOG Resources from a "sector perform" rating to an "outperform" rating and lifted their price target for the stock from $150.00 to $155.00 in a research report on Wednesday, February 12th. Finally, Mizuho restated a "neutral" rating and issued a $140.00 price objective (down from $148.00) on shares of EOG Resources in a research report on Tuesday, March 25th. Twelve equities research 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's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $143.00.

EOG Resources Stock Up 1.5 %

Shares of EOG traded up $1.71 during trading hours on Thursday, hitting $113.28. 858,310 shares of the company were exchanged, compared to its average volume of 3,228,699. The company has a market cap of $62.48 billion, a PE ratio of 9.12, a PEG ratio of 3.58 and a beta of 0.93. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.07 and a current ratio of 2.31. EOG Resources, Inc. has a 52 week low of $102.52 and a 52 week high of $138.18. The firm's 50 day moving average is $121.19 and its 200-day moving average is $126.04.

EOG Resources (NYSE:EOG - Get Free Report) last issued its earnings results on Friday, February 28th. The energy exploration company reported $2.74 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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, equities research analysts forecast that EOG Resources, Inc. will post 11.47 EPS for the current fiscal year.

EOG Resources Dividend Announcement

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

EOG Resources Company 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.