Kestra Private Wealth Services LLC Purchases 4,992 Shares of EOG Resources, Inc. $EOG

Kestra Private Wealth Services LLC raised its position in shares of EOG Resources, Inc. (NYSE:EOG) by 39.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,521 shares of the energy exploration company’s stock after purchasing an additional 4,992 shares during the period. Kestra Private Wealth Services LLC’s holdings in EOG Resources were worth $1,840,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Capital World Investors raised its position in EOG Resources by 1.4% during the 3rd quarter. Capital World Investors now owns 54,907,949 shares of the energy exploration company’s stock valued at $6,156,495,000 after purchasing an additional 782,426 shares in the last quarter. Vanguard Group Inc. raised its position in EOG Resources by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 53,815,556 shares of the energy exploration company’s stock valued at $5,651,172,000 after purchasing an additional 446,341 shares in the last quarter. Capital Research Global Investors raised its position in EOG Resources by 0.5% during the 3rd quarter. Capital Research Global Investors now owns 24,926,659 shares of the energy exploration company’s stock valued at $2,794,784,000 after purchasing an additional 122,486 shares in the last quarter. Northern Trust Corp raised its position in EOG Resources by 0.8% during the 3rd quarter. Northern Trust Corp now owns 5,974,950 shares of the energy exploration company’s stock valued at $669,911,000 after purchasing an additional 49,987 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in EOG Resources by 6.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 5,972,687 shares of the energy exploration company’s stock valued at $669,727,000 after purchasing an additional 344,291 shares in the last quarter. 89.91% of the stock is owned by institutional investors.

Insider Activity

In related news, CFO Ann D. Janssen sold 4,161 shares of the company’s stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $140.04, for a total value of $582,706.44. Following the completion of the transaction, the chief financial officer owned 100,246 shares of the company’s stock, valued at approximately $14,038,449.84. This represents a 3.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Jeffrey R. Leitzell sold 5,698 shares of the company’s stock in a transaction dated Tuesday, March 31st. The stock was sold at an average price of $150.32, for a total value of $856,523.36. Following the completion of the transaction, the chief operating officer directly owned 88,045 shares of the company’s stock, valued at $13,234,924.40. The trade was a 6.08% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 18,230 shares of company stock valued at $2,522,568. Insiders own 0.14% of the company’s stock.

Analyst Upgrades and Downgrades

EOG has been the subject of several recent research reports. The Goldman Sachs Group boosted their price target on EOG Resources from $133.00 to $135.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 21st. Wells Fargo & Company boosted their price target on EOG Resources from $155.00 to $199.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 8th. KeyCorp lowered EOG Resources from an “overweight” rating to a “sector weight” rating in a research report on Friday, January 16th. Citigroup reduced their price target on EOG Resources from $150.00 to $142.00 and set a “neutral” rating for the company in a research report on Tuesday, April 14th. Finally, Wolfe Research boosted their price target on EOG Resources from $152.00 to $154.00 and gave the stock an “outperform” rating in a research report on Monday, April 6th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seventeen have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $153.68.

EOG Resources Stock Up 1.2%

EOG Resources stock opened at $140.80 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.42 and a current ratio of 1.63. The business’s 50-day simple moving average is $134.92 and its two-hundred day simple moving average is $117.61. The company has a market cap of $75.43 billion, a PE ratio of 15.45, a PEG ratio of 1.80 and a beta of 0.32. EOG Resources, Inc. has a fifty-two week low of $101.59 and a fifty-two week high of $151.87.

EOG Resources (NYSE:EOG) last posted its quarterly earnings results on Tuesday, February 24th. The energy exploration company reported $2.27 earnings per share for the quarter, beating the consensus estimate of $2.20 by $0.07. The business had revenue of $5.64 billion for the quarter, compared to the consensus estimate of $5.36 billion. EOG Resources had a return on equity of 18.67% and a net margin of 22.00%.The company’s quarterly revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.74 EPS. Equities analysts anticipate that EOG Resources, Inc. will post 14.23 EPS for the current year.

EOG Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th were issued a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Thursday, April 16th. EOG Resources’s payout ratio is 44.79%.

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.