EOG Resources, Inc. (NYSE:EOG) Shares Acquired by Czech National Bank

Czech National Bank boosted its holdings in shares of EOG Resources, Inc. (NYSE:EOG - Free Report) by 5.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 115,848 shares of the energy exploration company's stock after buying an additional 6,331 shares during the quarter. Czech National Bank's holdings in EOG Resources were worth $14,241,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Central Pacific Bank Trust Division raised its stake in shares of EOG Resources by 12.5% in the third quarter. Central Pacific Bank Trust Division now owns 2,297 shares of the energy exploration company's stock valued at $282,000 after acquiring an additional 255 shares in the last quarter. Trust Co. of Toledo NA OH raised its position in EOG Resources by 4.4% in the 3rd quarter. Trust Co. of Toledo NA OH now owns 14,716 shares of the energy exploration company's stock valued at $1,809,000 after purchasing an additional 614 shares in the last quarter. Mattson Financial Services LLC purchased a new position in shares of EOG Resources in the 2nd quarter valued at about $60,000. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of EOG Resources during the second quarter worth about $106,990,000. Finally, University of Texas Texas AM Investment Management Co. raised its holdings in EOG Resources by 3,976.8% in the second quarter. University of Texas Texas AM Investment Management Co. now owns 10,885 shares of the energy exploration company's stock valued at $1,370,000 after acquiring an additional 10,618 shares in the last quarter. Hedge funds and other institutional investors own 89.91% of the company's stock.

Insider Buying and Selling at EOG Resources

In related news, COO Jeffrey R. Leitzell sold 4,000 shares of the company's stock in a transaction on Friday, August 9th. The stock was sold at an average price of $126.48, for a total transaction of $505,920.00. Following the transaction, the chief operating officer now owns 35,058 shares of the company's stock, valued at $4,434,135.84. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. In related news, EVP Michael P. Donaldson sold 11,037 shares of EOG Resources stock in a transaction on Monday, August 26th. The stock was sold at an average price of $129.50, for a total transaction of $1,429,291.50. Following the completion of the transaction, the executive vice president now directly owns 74,250 shares of the company's stock, valued at approximately $9,615,375. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, COO Jeffrey R. Leitzell sold 4,000 shares of the company's stock in a transaction on Friday, August 9th. The shares were sold at an average price of $126.48, for a total value of $505,920.00. Following the completion of the sale, the chief operating officer now directly owns 35,058 shares in the company, valued at $4,434,135.84. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 21,537 shares of company stock valued at $2,751,612. 0.30% of the stock is owned by corporate insiders.

EOG Resources Stock Performance

Shares of EOG stock traded up $2.33 during midday trading on Friday, hitting $133.12. The company had a trading volume of 2,720,440 shares, compared to its average volume of 3,224,520. The stock has a market cap of $76.51 billion, a price-to-earnings ratio of 10.52, a PEG ratio of 3.27 and a beta of 1.28. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.12 and a quick ratio of 1.89. The company's 50 day simple moving average is $125.16 and its 200 day simple moving average is $126.93. EOG Resources, Inc. has a 52-week low of $108.94 and a 52-week high of $139.67.

EOG Resources (NYSE:EOG - Get Free Report) last posted its quarterly earnings data on Thursday, August 1st. The energy exploration company reported $3.16 earnings per share for the quarter, beating analysts' consensus estimates of $2.98 by $0.18. EOG Resources had a net margin of 30.33% and a return on equity of 25.42%. The firm had revenue of $6.03 billion for the quarter, compared to analyst estimates of $6.07 billion. During the same period last year, the firm posted $2.49 EPS. EOG Resources's quarterly revenue was up 8.1% on a year-over-year basis. Research analysts anticipate that EOG Resources, Inc. will post 11.91 earnings per share for the current fiscal year.

EOG Resources Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Thursday, October 17th will be given a $0.91 dividend. The ex-dividend date is Thursday, October 17th. This represents a $3.64 dividend on an annualized basis and a yield of 2.73%. EOG Resources's payout ratio is currently 28.75%.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Susquehanna dropped their price objective on shares of EOG Resources from $159.00 to $158.00 and set a "positive" rating on the stock in a research report on Wednesday, September 4th. Wells Fargo & Company decreased their price target on EOG Resources from $140.00 to $135.00 and set an "equal weight" rating for the company in a report on Tuesday. StockNews.com lowered EOG Resources from a "buy" rating to a "hold" rating in a research report on Monday, September 16th. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $147.00 price target on shares of EOG Resources in a report on Wednesday, July 10th. Finally, Wolfe Research assumed coverage on shares of EOG Resources in a report on Thursday, July 18th. They set a "peer perform" rating on the stock. Fourteen 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.com, the stock has a consensus rating of "Hold" and an average price target of $142.15.

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.