EOG Resources Inc (EOG) Shares Bought by First Republic Investment Management Inc.

First Republic Investment Management Inc. increased its stake in shares of EOG Resources Inc (NYSE:EOG) by 12.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 142,429 shares of the energy exploration company’s stock after buying an additional 15,705 shares during the period. First Republic Investment Management Inc.’s holdings in EOG Resources were worth $15,369,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Assenagon Asset Management S.A. bought a new stake in shares of EOG Resources during the 3rd quarter worth about $4,649,000. Public Employees Retirement System of Ohio boosted its holdings in EOG Resources by 0.5% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 424,468 shares of the energy exploration company’s stock valued at $41,063,000 after purchasing an additional 1,957 shares during the period. Aperio Group LLC boosted its holdings in EOG Resources by 6.9% in the 3rd quarter. Aperio Group LLC now owns 263,616 shares of the energy exploration company’s stock valued at $25,502,000 after purchasing an additional 17,107 shares during the period. Dimensional Fund Advisors LP boosted its holdings in EOG Resources by 4.1% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,245,132 shares of the energy exploration company’s stock valued at $120,454,000 after purchasing an additional 49,303 shares during the period. Finally, Artisan Partners Limited Partnership boosted its holdings in EOG Resources by 14.2% in the 3rd quarter. Artisan Partners Limited Partnership now owns 462,688 shares of the energy exploration company’s stock valued at $44,760,000 after purchasing an additional 57,441 shares during the period. 84.55% of the stock is owned by institutional investors and hedge funds.

A number of research firms have issued reports on EOG. Stifel Nicolaus set a $134.00 price objective on shares of EOG Resources and gave the company a “buy” rating in a report on Sunday, February 11th. Zacks Investment Research raised shares of EOG Resources from a “hold” rating to a “strong-buy” rating and set a $134.00 price objective for the company in a report on Friday, February 2nd. Morgan Stanley cut their price objective on shares of EOG Resources from $142.00 to $116.00 and set a “buy” rating for the company in a report on Wednesday, January 24th. Credit Suisse Group set a $126.00 price objective on shares of EOG Resources and gave the company a “hold” rating in a report on Tuesday, January 23rd. They noted that the move was a valuation call. Finally, Cowen set a $115.00 price objective on shares of EOG Resources and gave the company a “hold” rating in a report on Thursday, January 18th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $116.64.

In related news, EVP Michael P. Donaldson sold 15,322 shares of the company’s stock in a transaction that occurred on Thursday, January 11th. The shares were sold at an average price of $114.26, for a total transaction of $1,750,691.72. Following the completion of the transaction, the executive vice president now directly owns 59,917 shares in the company, valued at approximately $6,846,116.42. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, President Gary L. Thomas sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, December 29th. The stock was sold at an average price of $107.95, for a total transaction of $215,900.00. Following the transaction, the president now owns 1,046,430 shares of the company’s stock, valued at $112,962,118.50. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 69,934 shares of company stock valued at $7,820,085. 0.53% of the stock is owned by corporate insiders.

EOG Resources Inc (NYSE:EOG) opened at $107.09 on Friday. The stock has a market cap of $61,181.37, a P/E ratio of 258.07, a P/E/G ratio of 3.27 and a beta of 1.01. EOG Resources Inc has a 12-month low of $81.99 and a 12-month high of $119.00. The company has a current ratio of 1.27, a quick ratio of 1.11 and a debt-to-equity ratio of 0.46.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 31st. Investors of record on Wednesday, January 17th were given a dividend of $0.1675 per share. This represents a $0.67 dividend on an annualized basis and a yield of 0.63%. The ex-dividend date of this dividend was Tuesday, January 16th. EOG Resources’s dividend payout ratio is 6,700.00%.

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About EOG Resources

EOG Resources, Inc explores for, develops, produces and markets crude oil and natural gas in major producing basins in the United States, The Republic of Trinidad and Tobago, the United Kingdom, The People’s Republic of China, Canada and, from time to time, select other international areas. Its operations are all crude oil and natural gas exploration and production related.

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Institutional Ownership by Quarter for EOG Resources (NYSE:EOG)

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