Czech National Bank Has $15.02 Million Stock Position in EOG Resources, Inc. $EOG

Czech National Bank grew its holdings in shares of EOG Resources, Inc. (NYSE:EOG) by 3.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 143,075 shares of the energy exploration company’s stock after acquiring an additional 4,404 shares during the period. Czech National Bank’s holdings in EOG Resources were worth $15,024,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. First Trust Advisors LP increased its holdings in EOG Resources by 64.1% in the second quarter. First Trust Advisors LP now owns 3,728,128 shares of the energy exploration company’s stock valued at $445,921,000 after purchasing an additional 1,456,928 shares during the period. 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 worth $6,156,495,000 after purchasing an additional 782,426 shares during the last quarter. Qube Research & Technologies Ltd acquired a new position in EOG Resources during the 3rd quarter worth about $87,193,000. TD Asset Management Inc lifted its holdings in EOG Resources by 288.1% during the 3rd quarter. TD Asset Management Inc now owns 892,482 shares of the energy exploration company’s stock worth $100,065,000 after buying an additional 662,539 shares during the period. Finally, Assenagon Asset Management S.A. grew its position in shares of EOG Resources by 140.6% in the 4th quarter. Assenagon Asset Management S.A. now owns 1,102,999 shares of the energy exploration company’s stock valued at $115,826,000 after buying an additional 644,569 shares during the last quarter. Institutional investors and hedge funds own 89.91% of the company’s stock.

Insider Activity at EOG Resources

In other news, CFO Ann D. Janssen sold 4,161 shares of EOG Resources stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $140.04, for a total value of $582,706.44. Following the completion of the sale, the chief financial officer owned 100,246 shares in the company, valued at $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 available through this link. Also, COO Jeffrey R. Leitzell sold 2,000 shares of the business’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $130.00, for a total transaction of $260,000.00. Following the transaction, the chief operating officer owned 88,045 shares in the company, valued at $11,445,850. The trade was a 2.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 14,532 shares of company stock valued at $1,877,405. Insiders own 0.13% of the company’s stock.

Analyst Ratings Changes

EOG has been the subject of several recent research reports. Weiss Ratings reissued a “hold (c)” rating on shares of EOG Resources in a research note on Thursday, January 22nd. Wells Fargo & Company lifted their price objective on EOG Resources from $127.00 to $155.00 and gave the stock an “overweight” rating in a research note on Monday, March 16th. Zacks Research upgraded EOG Resources from a “strong sell” rating to a “hold” rating in a report on Monday, March 2nd. Morgan Stanley set a $128.00 target price on shares of EOG Resources and gave the company an “equal weight” rating in a research report on Friday, January 23rd. Finally, Sanford C. Bernstein restated a “market perform” rating and set a $126.00 price target (down from $144.00) on shares of EOG Resources in a report on Monday, January 5th. One research 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 stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $138.52.

EOG Resources Stock Performance

EOG stock opened at $147.53 on Friday. The firm has a market cap of $79.15 billion, a PE ratio of 16.19, a price-to-earnings-growth ratio of 3.48 and a beta of 0.44. The company has a current ratio of 1.63, a quick ratio of 1.42 and a debt-to-equity ratio of 0.27. The stock has a 50-day moving average price of $122.45 and a 200-day moving average price of $113.66. EOG Resources, Inc. has a 1-year low of $101.59 and a 1-year high of $148.70.

EOG Resources (NYSE:EOG) last announced 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. EOG Resources had a return on equity of 18.67% and a net margin of 22.00%.The company had revenue of $5.64 billion for the quarter, compared to analyst estimates of $5.36 billion. During the same quarter in the prior year, the company earned $2.74 EPS. The firm’s revenue for the quarter was up .9% compared to the same quarter last year. As a group, equities research analysts expect that EOG Resources, Inc. will post 11.47 earnings per share for the current year.

EOG Resources Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th will be issued a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Thursday, April 16th. EOG Resources’s dividend payout ratio is presently 44.79%.

EOG Resources 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.