XTX Topco Ltd Takes Position in EOG Resources, Inc. (NYSE:EOG)

XTX Topco Ltd bought a new stake in shares of EOG Resources, Inc. (NYSE:EOG - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 20,205 shares of the energy exploration company's stock, valued at approximately $2,477,000.

Other institutional investors have also recently bought and sold shares of the company. Y Intercept Hong Kong Ltd bought a new position in EOG Resources during the third quarter worth about $516,000. Westside Investment Management Inc. increased its stake in EOG Resources by 15.7% in the third quarter. Westside Investment Management Inc. now owns 1,840 shares of the energy exploration company's stock valued at $226,000 after purchasing an additional 250 shares in the last quarter. Chelsea Counsel Co. boosted its position in shares of 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 in the last quarter. World Investment Advisors LLC bought a new stake in shares of EOG Resources in the 3rd quarter valued at $730,000. Finally, Wilmington Savings Fund Society FSB lifted its holdings in EOG Resources by 26.8% during the third quarter. Wilmington Savings Fund Society FSB now owns 71,766 shares of the energy exploration company's stock worth $8,822,000 after acquiring an additional 15,186 shares in the last quarter. Institutional investors and hedge funds own 89.91% of the company's stock.

Insider Transactions at EOG Resources

In related news, COO Jeffrey R. Leitzell sold 4,037 shares of the stock in a transaction that occurred 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 owns 47,732 shares of the company's stock, valued at $6,098,240.32. This represents a 7.80 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.13% of the stock is owned by insiders.

EOG Resources Stock Performance

Shares of NYSE:EOG traded up $2.29 on Friday, reaching $110.53. 5,905,407 shares of the company's stock were exchanged, compared to its average volume of 3,230,400. EOG Resources, Inc. has a twelve month low of $102.52 and a twelve month high of $138.18. The company has a fifty day moving average of $122.29 and a 200-day moving average of $126.45. The company has a market capitalization of $60.96 billion, a price-to-earnings ratio of 8.90, a PEG ratio of 3.58 and a beta of 0.93. The company has a current ratio of 2.31, a quick ratio of 2.07 and a debt-to-equity ratio of 0.13.

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, topping the consensus estimate of $2.55 by $0.19. The company had revenue of $5.59 billion for the quarter, compared to analyst estimates 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 EPS for the current fiscal year.

EOG Resources Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders 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 3.53%. EOG Resources's payout ratio is 34.73%.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Morgan Stanley dropped their price objective 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. Wolfe Research upgraded shares of EOG Resources from a "peer perform" rating to an "outperform" rating and set a $143.00 price objective on the stock in a report on Friday, January 3rd. Raymond James increased their target price on shares of EOG Resources from $167.00 to $175.00 and gave the stock a "strong-buy" rating in a report on Thursday, January 23rd. UBS Group lowered their price target on shares of EOG Resources from $165.00 to $160.00 and set a "buy" rating on the stock in a research note on Tuesday, March 4th. Finally, Scotiabank upgraded EOG Resources from a "sector perform" rating to a "sector outperform" rating and decreased their price objective for the company from $150.00 to $130.00 in a report on Friday, April 11th. Twelve investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, EOG Resources has an average rating of "Moderate Buy" and a consensus price target of $144.19.

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.