Universal Beteiligungs und Servicegesellschaft mbH Has $18.54 Million Position in EOG Resources, Inc. $EOG

Universal Beteiligungs und Servicegesellschaft mbH cut its holdings in EOG Resources, Inc. (NYSE:EOG) by 2.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 175,270 shares of the energy exploration company’s stock after selling 4,081 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in EOG Resources were worth $18,542,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Hemington Wealth Management grew its position in shares of EOG Resources by 7.2% in the 3rd quarter. Hemington Wealth Management now owns 1,383 shares of the energy exploration company’s stock valued at $155,000 after purchasing an additional 93 shares during the period. Bollard Group LLC grew its position in shares of EOG Resources by 0.8% in the 3rd quarter. Bollard Group LLC now owns 11,747 shares of the energy exploration company’s stock valued at $1,317,000 after purchasing an additional 93 shares during the period. apricus wealth LLC grew its position in shares of EOG Resources by 5.0% in the 3rd quarter. apricus wealth LLC now owns 2,002 shares of the energy exploration company’s stock valued at $224,000 after purchasing an additional 95 shares during the period. Sowell Financial Services LLC grew its position in shares of EOG Resources by 1.6% in the 3rd quarter. Sowell Financial Services LLC now owns 6,234 shares of the energy exploration company’s stock valued at $699,000 after purchasing an additional 96 shares during the period. Finally, Hardy Reed LLC grew its position in shares of EOG Resources by 4.5% in the 3rd quarter. Hardy Reed LLC now owns 2,267 shares of the energy exploration company’s stock valued at $254,000 after purchasing an additional 97 shares during the period. 89.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

EOG has been the subject of several research analyst reports. Jefferies Financial Group boosted their price objective on EOG Resources from $146.00 to $170.00 and gave the company a “buy” rating in a research report on Monday, April 13th. KeyCorp lowered EOG Resources from an “overweight” rating to a “sector weight” rating in a research report on Friday, January 16th. Scotiabank boosted their price objective on EOG Resources from $123.00 to $139.00 and gave the company a “sector perform” rating in a research report on Wednesday. Sanford C. Bernstein boosted their price objective on EOG Resources from $126.00 to $167.00 and gave the company a “market perform” rating in a research report on Monday, April 13th. Finally, Wells Fargo & Company boosted their price objective on EOG Resources from $155.00 to $199.00 and gave the company an “overweight” rating in a research report on Wednesday, April 8th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eighteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $153.68.

EOG Resources Trading Down 0.6%

NYSE EOG opened at $133.09 on Friday. The stock has a market capitalization of $71.30 billion, a price-to-earnings ratio of 14.61, a PEG ratio of 2.67 and a beta of 0.32. The stock’s 50 day moving average price is $133.68 and its two-hundred day moving average price is $116.86. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.42 and a current ratio of 1.63. EOG Resources, Inc. has a 52 week low of $101.59 and a 52 week high of $151.87.

EOG Resources (NYSE:EOG) last released its earnings results on Tuesday, February 24th. The energy exploration company reported $2.27 EPS for the quarter, beating the consensus estimate of $2.20 by $0.07. The firm had revenue of $5.64 billion for the quarter, compared to analysts’ expectations of $5.36 billion. EOG Resources had a return on equity of 18.67% and a net margin of 22.00%.The business’s quarterly revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.74 EPS. As a group, analysts anticipate that EOG Resources, Inc. will post 13.45 earnings per share for the current fiscal year.

EOG Resources Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th will be paid a $1.02 dividend. The ex-dividend date is Thursday, April 16th. This represents a $4.08 annualized dividend and a yield of 3.1%. EOG Resources’s payout ratio is presently 44.79%.

Insider Activity at EOG Resources

In other EOG Resources news, CFO Ann D. Janssen sold 4,161 shares of the business’s stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $140.04, for a total value of $582,706.44. Following the sale, the chief financial officer owned 100,246 shares in the company, valued at approximately $14,038,449.84. The trade was a 3.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Jeffrey R. Leitzell sold 5,698 shares of the business’s stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $150.32, for a total value of $856,523.36. Following the completion of the sale, the chief operating officer owned 88,045 shares in the company, valued at $13,234,924.40. The trade was a 6.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 18,230 shares of company stock worth $2,522,568 in the last 90 days. Company insiders own 0.14% of the company’s stock.

EOG Resources Company Profile

EOG Resources, Inc (NYSE: EOG) is an independent exploration and production company headquartered in Houston, Texas. Tracing its corporate origins to Enron Oil & Gas Company in the late 1990s, the company established itself as a stand‑alone E&P operator and has grown into one of the largest U.S. upstream producers. EOG focuses on the exploration, development and production of crude oil, condensate, natural gas and natural gas liquids (NGLs).

As an upstream-focused company, EOG’s core activities include geologic and geophysical exploration, drilling and completion of wells, reservoir development, and the marketing of hydrocarbon production.