Norinchukin Bank The Has $3.83 Million Stake in EOG Resources, Inc. (NYSE:EOG)

Norinchukin Bank The lifted its holdings in EOG Resources, Inc. (NYSE:EOG - Free Report) by 18.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 31,229 shares of the energy exploration company's stock after purchasing an additional 4,806 shares during the period. Norinchukin Bank The's holdings in EOG Resources were worth $3,828,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in EOG. Financial Life Planners bought a new position in shares of EOG Resources during the 4th quarter worth about $25,000. Y.D. More Investments Ltd raised its holdings in EOG Resources by 149.4% in the 4th quarter. Y.D. More Investments Ltd now owns 202 shares of the energy exploration company's stock valued at $25,000 after acquiring an additional 121 shares in the last quarter. Mainstream Capital Management LLC bought a new stake in shares of EOG Resources in the 4th quarter worth approximately $25,000. Decker Retirement Planning Inc. bought a new stake in shares of EOG Resources in the 4th quarter worth approximately $27,000. Finally, Keystone Financial Group Inc. bought a new stake in shares of EOG Resources during the fourth quarter valued at approximately $27,000. Institutional investors and hedge funds own 89.91% of the company's stock.

Insider Activity at EOG Resources

In related news, COO Jeffrey R. Leitzell sold 4,037 shares of the business's stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $127.76, for a total transaction of $515,767.12. Following the completion of the transaction, the chief operating officer now owns 47,732 shares in the company, valued at approximately $6,098,240.32. The trade was a 7.80 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.13% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages recently commented on EOG. Wolfe Research raised EOG Resources from a "peer perform" rating to an "outperform" rating and set a $143.00 target price for the company in a research report on Friday, January 3rd. Benchmark reiterated a "hold" rating on shares of EOG Resources in a research report on Monday, January 13th. Mizuho reiterated a "neutral" rating and issued a $140.00 price objective (down from $148.00) on shares of EOG Resources in a research note on Tuesday, March 25th. Royal Bank of Canada raised 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 report on Wednesday, February 12th. Finally, Williams Trading set a $154.00 price target on shares of EOG Resources in a report on Wednesday, March 5th. Twelve research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $143.00.

EOG Resources Trading Up 1.6 %

EOG Resources stock traded up $1.83 during trading hours on Thursday, reaching $113.40. 2,075,410 shares of the company's stock traded hands, compared to its average volume of 3,233,231. EOG Resources, Inc. has a fifty-two week low of $102.52 and a fifty-two week high of $138.18. The firm's 50 day moving average is $121.19 and its 200-day moving average is $126.04. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.07 and a current ratio of 2.31. The firm has a market capitalization of $62.55 billion, a price-to-earnings ratio of 9.13, a PEG ratio of 3.58 and a beta of 0.93.

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

EOG Resources Announces Dividend

The business also recently disclosed 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. The ex-dividend date is Wednesday, April 16th. This represents a $3.90 dividend on an annualized basis and a dividend yield of 3.44%. EOG Resources's dividend payout ratio (DPR) is presently 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.