EOG Resources, Inc. (NYSE:EOG) Shares Acquired by Linden Thomas Advisory Services LLC

Linden Thomas Advisory Services LLC increased its stake in shares of EOG Resources, Inc. (NYSE:EOG) by 9.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 7,231 shares of the energy exploration company’s stock after purchasing an additional 652 shares during the period. Linden Thomas Advisory Services LLC’s holdings in EOG Resources were worth $875,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Parkside Financial Bank & Trust grew its holdings in EOG Resources by 204.8% during the fourth quarter. Parkside Financial Bank & Trust now owns 6,291 shares of the energy exploration company’s stock worth $761,000 after acquiring an additional 4,227 shares during the period. Larson Financial Group LLC lifted its stake in shares of EOG Resources by 30.9% in the fourth quarter. Larson Financial Group LLC now owns 1,164 shares of the energy exploration company’s stock valued at $141,000 after purchasing an additional 275 shares during the period. Illinois Municipal Retirement Fund boosted its stake in shares of EOG Resources by 29.4% during the 4th quarter. Illinois Municipal Retirement Fund now owns 114,591 shares of the energy exploration company’s stock worth $13,860,000 after acquiring an additional 26,043 shares in the last quarter. Garrison Asset Management LLC increased its stake in EOG Resources by 2.3% in the 4th quarter. Garrison Asset Management LLC now owns 14,198 shares of the energy exploration company’s stock valued at $1,717,000 after purchasing an additional 320 shares in the last quarter. Finally, Telemus Capital LLC grew its holdings in EOG Resources by 9.4% in the fourth quarter. Telemus Capital LLC now owns 48,165 shares of the energy exploration company’s stock valued at $5,826,000 after purchasing an additional 4,148 shares during the last quarter. 89.91% of the stock is currently owned by hedge funds and other institutional investors.

EOG Resources Price Performance

Shares of NYSE EOG opened at $135.40 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.44 and a quick ratio of 2.13. EOG Resources, Inc. has a 1-year low of $106.32 and a 1-year high of $139.67. The company has a market capitalization of $77.88 billion, a price-to-earnings ratio of 10.41 and a beta of 1.40. The business has a 50-day moving average of $125.26 and a 200-day moving average of $122.45.

EOG Resources (NYSE:EOG) last announced its earnings results on Friday, February 23rd. The energy exploration company reported $3.07 earnings per share for the quarter, missing the consensus estimate of $3.14 by ($0.07). The firm had revenue of $6.36 billion during the quarter, compared to analysts’ expectations of $6.18 billion. EOG Resources had a net margin of 31.40% and a return on equity of 25.38%. EOG Resources’s revenue for the quarter was down 5.4% compared to the same quarter last year. During the same quarter last year, the company posted $3.30 earnings per share. On average, equities analysts anticipate that EOG Resources, Inc. will post 12.29 EPS for the current fiscal year.

EOG Resources Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, April 16th will be given a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 2.69%. The ex-dividend date is Monday, April 15th. EOG Resources’s payout ratio is 27.98%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on EOG shares. Scotiabank lowered shares of EOG Resources from a “sector outperform” rating to a “sector perform” rating and boosted their price objective for the stock from $135.00 to $155.00 in a research report on Thursday, April 11th. KeyCorp increased their price target on shares of EOG Resources from $147.00 to $157.00 and gave the company an “overweight” rating in a research report on Monday. Raymond James cut their price objective on EOG Resources from $148.00 to $145.00 and set a “strong-buy” rating for the company in a research report on Wednesday, January 24th. Stifel Nicolaus cut their price target on EOG Resources from $153.00 to $150.00 and set a “buy” rating for the company in a report on Tuesday. Finally, StockNews.com upgraded EOG Resources from a “hold” rating to a “buy” rating in a research report on Monday. Twelve research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, EOG Resources presently has an average rating of “Moderate Buy” and a consensus price target of $142.19.

EOG Resources Company 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.