Kapitalo Investimentos Ltda Has $605,000 Holdings in EOG Resources, Inc. (NYSE:EOG)

Kapitalo Investimentos Ltda cut its stake in shares of EOG Resources, Inc. (NYSE:EOG) by 2.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,936 shares of the energy exploration company’s stock after selling 109 shares during the quarter. EOG Resources makes up 0.4% of Kapitalo Investimentos Ltda’s portfolio, making the stock its 18th largest holding. Kapitalo Investimentos Ltda’s holdings in EOG Resources were worth $605,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in EOG. Financial Life Planners acquired a new stake in EOG Resources in the 4th quarter valued at about $25,000. Y.D. More Investments Ltd grew its holdings in 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 acquiring an additional 121 shares during the period. Mainstream Capital Management LLC acquired a new stake in EOG Resources during the 4th quarter worth $25,000. Decker Retirement Planning Inc. bought a new stake in shares of EOG Resources during the 4th quarter valued at $27,000. Finally, Keystone Financial Group Inc. bought a new position in shares of EOG Resources in the 4th quarter worth $27,000. 89.91% of the stock is owned by institutional investors.

EOG Resources Stock Performance

Shares of EOG opened at $112.99 on Wednesday. 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, Inc. has a 12 month low of $102.52 and a 12 month high of $138.18. The firm has a fifty day simple moving average of $119.65 and a 200 day simple moving average of $125.48. The stock has a market capitalization of $62.32 billion, a price-to-earnings ratio of 9.10, a PEG ratio of 3.58 and a beta of 0.93.

EOG Resources (NYSE:EOG) last announced its quarterly earnings data on Friday, February 28th. The energy exploration company reported $2.74 earnings per share for the quarter, beating the consensus estimate of $2.55 by $0.19. EOG Resources had a return on equity of 23.77% and a net margin of 29.18%. The company had revenue of $5.59 billion during the quarter, compared to analysts’ expectations of $5.96 billion. Research analysts forecast that EOG Resources, Inc. will post 11.47 EPS for the current fiscal year.

EOG Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be paid a dividend of $0.975 per share. This represents a $3.90 dividend on an annualized basis and a dividend yield of 3.45%. The ex-dividend date of this dividend is Wednesday, April 16th. EOG Resources’s dividend payout ratio is currently 34.73%.

Insider Activity at EOG Resources

In related news, COO Jeffrey R. Leitzell sold 4,037 shares of EOG Resources stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $127.76, for a total transaction of $515,767.12. Following the completion of the transaction, the chief operating officer now owns 47,732 shares in the company, 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 document filed with the SEC, which is accessible through this hyperlink. 0.13% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Truist Financial upped their price objective on EOG Resources from $135.00 to $137.00 and gave the company a “hold” rating in a report on Monday, January 13th. Williams Trading set a $154.00 price target on EOG Resources in a research note on Wednesday, March 5th. Raymond James restated a “strong-buy” rating and set a $140.00 price objective on shares of EOG Resources in a report on Monday, April 21st. Piper Sandler cut their target price on shares of EOG Resources from $135.00 to $133.00 and set a “neutral” rating on the stock in a report on Tuesday, April 22nd. Finally, Wells Fargo & Company reduced their price target on shares of EOG Resources from $150.00 to $146.00 and set an “overweight” rating on the stock in a research report on Thursday, March 13th. Twelve research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $141.25.

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.