Ossiam Has $347,000 Stock Holdings in EOG Resources, Inc. (NYSE:EOG)

Ossiam reduced its position in EOG Resources, Inc. (NYSE:EOG - Free Report) by 98.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,829 shares of the energy exploration company's stock after selling 262,070 shares during the period. Ossiam's holdings in EOG Resources were worth $347,000 at the end of the most recent reporting period.

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

EOG Resources Trading Up 2.0 %

Shares of EOG stock opened at $111.28 on Wednesday. The stock has a 50 day simple moving average of $121.55 and a 200 day simple moving average of $126.14. EOG Resources, Inc. has a 1 year low of $102.52 and a 1 year high of $138.18. 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 market cap of $61.38 billion, a P/E ratio of 8.96, a price-to-earnings-growth ratio of 3.58 and a beta of 0.93.

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

EOG Resources Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be paid a $0.975 dividend. The ex-dividend date is Wednesday, April 16th. This represents a $3.90 annualized dividend and a dividend yield of 3.50%. EOG Resources's payout ratio is presently 34.73%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Williams Trading set a $154.00 price target on EOG Resources in a research report on Wednesday, March 5th. Benchmark reaffirmed a "hold" rating on shares of EOG Resources in a research note on Monday, January 13th. Raymond James lifted their price objective on shares of EOG Resources from $167.00 to $175.00 and gave the stock a "strong-buy" rating in a research note on Thursday, January 23rd. Wells Fargo & Company lowered their target price on shares of EOG Resources from $150.00 to $146.00 and set an "overweight" rating for the company in a research note on Thursday, March 13th. Finally, Susquehanna reduced their price target on shares of EOG Resources from $161.00 to $156.00 and set a "positive" rating on the stock in a research report on Tuesday. Twelve research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $143.52.

Insiders Place Their Bets

In related news, COO Jeffrey R. Leitzell sold 4,037 shares of EOG Resources 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 owns 47,732 shares in the company, valued at $6,098,240.32. This trade represents a 7.80 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.13% of the company's stock.

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.

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