OneDigital Investment Advisors LLC Sells 4,005 Shares of EOG Resources, Inc. (NYSE:EOG)

OneDigital Investment Advisors LLC lowered its stake in EOG Resources, Inc. (NYSE:EOG - Free Report) by 35.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,366 shares of the energy exploration company's stock after selling 4,005 shares during the period. OneDigital Investment Advisors LLC's holdings in EOG Resources were worth $903,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of EOG. Westside Investment Management Inc. lifted its holdings in shares of EOG Resources by 15.7% during the 3rd quarter. Westside Investment Management Inc. now owns 1,840 shares of the energy exploration company's stock worth $226,000 after acquiring an additional 250 shares during the period. Chelsea Counsel Co. lifted its stake in EOG Resources by 2.0% during the third quarter. Chelsea Counsel Co. now owns 5,215 shares of the energy exploration company's stock worth $641,000 after purchasing an additional 100 shares during the last quarter. World Investment Advisors LLC acquired a new stake in shares of EOG Resources in the 3rd quarter valued at $730,000. Wilmington Savings Fund Society FSB increased its stake in shares of EOG Resources by 26.8% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 71,766 shares of the energy exploration company's stock valued at $8,822,000 after purchasing an additional 15,186 shares during the last quarter. Finally, Tidal Investments LLC raised its holdings in shares of EOG Resources by 4.7% during the 3rd quarter. Tidal Investments LLC now owns 58,790 shares of the energy exploration company's stock worth $7,227,000 after buying an additional 2,634 shares in the last quarter. Institutional investors and hedge funds own 89.91% of the company's stock.

Insider Buying and Selling

In other EOG Resources 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 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 is accessible through this hyperlink. 0.13% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Mizuho reiterated a "neutral" rating and issued a $140.00 target price (down previously from $148.00) on shares of EOG Resources in a research report on Tuesday, March 25th. Morgan Stanley decreased their price target 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. Royal Bank of Canada raised shares of EOG Resources from a "sector perform" rating to an "outperform" rating and increased their price objective for the company from $150.00 to $155.00 in a research note on Wednesday, February 12th. Susquehanna decreased their target price on shares of EOG Resources from $161.00 to $156.00 and set a "positive" rating on the stock in a research note on Tuesday. Finally, Wolfe Research upgraded EOG Resources from a "peer perform" rating to an "outperform" rating and set a $143.00 price target for the company in a research note on Friday, January 3rd. Twelve research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $141.25.

EOG Resources Price Performance

Shares of EOG opened at $113.07 on Friday. The firm has a market cap of $62.36 billion, a PE ratio of 9.10, a price-to-earnings-growth ratio of 3.58 and a beta of 0.93. EOG Resources, Inc. has a 52-week low of $102.52 and a 52-week high of $138.18. The business's 50 day moving average price is $120.51 and its two-hundred day moving average price is $125.77. 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 (NYSE:EOG - Get Free Report) last released its earnings results 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 company had revenue of $5.59 billion for the quarter, compared to the consensus estimate of $5.96 billion. EOG Resources had a net margin of 29.18% and a return on equity of 23.77%. On average, equities analysts anticipate that EOG Resources, Inc. will post 11.47 EPS for the current year.

EOG Resources Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be given a $0.975 dividend. This represents a $3.90 dividend on an annualized basis and a yield of 3.45%. The ex-dividend date of this dividend is Wednesday, April 16th. EOG Resources's payout ratio is 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.

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