Roosevelt Investment Group Inc. Decreases Stake in EOG Resources Inc (EOG)

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Roosevelt Investment Group Inc. lowered its position in EOG Resources Inc (NYSE:EOG) by 7.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 102,720 shares of the energy exploration company’s stock after selling 8,364 shares during the period. Roosevelt Investment Group Inc.’s holdings in EOG Resources were worth $8,958,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. Private Capital Group LLC increased its position in EOG Resources by 6.3% during the 4th quarter. Private Capital Group LLC now owns 1,869 shares of the energy exploration company’s stock valued at $163,000 after buying an additional 110 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. increased its position in EOG Resources by 0.5% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 23,302 shares of the energy exploration company’s stock valued at $2,032,000 after buying an additional 122 shares in the last quarter. Cornerstone Advisors Inc. increased its position in EOG Resources by 41.2% during the 3rd quarter. Cornerstone Advisors Inc. now owns 490 shares of the energy exploration company’s stock valued at $63,000 after buying an additional 143 shares in the last quarter. Harbour Capital Advisors LLC increased its position in EOG Resources by 1.3% during the 4th quarter. Harbour Capital Advisors LLC now owns 11,726 shares of the energy exploration company’s stock valued at $1,023,000 after buying an additional 145 shares in the last quarter. Finally, ClariVest Asset Management LLC increased its position in EOG Resources by 9.2% during the 4th quarter. ClariVest Asset Management LLC now owns 1,741 shares of the energy exploration company’s stock valued at $152,000 after buying an additional 147 shares in the last quarter. 86.41% of the stock is owned by hedge funds and other institutional investors.

EOG has been the subject of a number of analyst reports. Barclays raised their price objective on EOG Resources from $140.00 to $141.00 and gave the company a “buy” rating in a research report on Thursday, November 15th. BMO Capital Markets set a $115.00 price objective on EOG Resources and gave the company a “buy” rating in a research report on Monday, November 12th. Piper Jaffray Companies set a $156.00 price objective on EOG Resources and gave the company a “buy” rating in a research report on Tuesday, October 23rd. Zacks Investment Research raised EOG Resources from a “hold” rating to a “buy” rating and set a $130.00 price objective for the company in a research report on Tuesday, October 23rd. Finally, Robert W. Baird reaffirmed a “buy” rating and set a $133.00 price objective on shares of EOG Resources in a research report on Monday, December 3rd. Ten research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $131.04.

In other news, EVP Ezra Y. Yacob sold 2,388 shares of the firm’s stock in a transaction on Wednesday, January 9th. The stock was sold at an average price of $98.77, for a total value of $235,862.76. Following the transaction, the executive vice president now directly owns 45,424 shares in the company, valued at approximately $4,486,528.48. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Frank G. Wisner sold 3,150 shares of the firm’s stock in a transaction on Thursday, December 20th. The stock was sold at an average price of $92.60, for a total value of $291,690.00. Following the completion of the transaction, the director now owns 116,586 shares in the company, valued at $10,795,863.60. The disclosure for this sale can be found here. Company insiders own 0.51% of the company’s stock.

Shares of EOG opened at $96.17 on Tuesday. The company has a current ratio of 1.09, a quick ratio of 0.92 and a debt-to-equity ratio of 0.28. EOG Resources Inc has a 12 month low of $82.04 and a 12 month high of $133.53. The firm has a market cap of $54.63 billion, a price-to-earnings ratio of 86.43, a price-to-earnings-growth ratio of 1.49 and a beta of 1.34.

The company also recently declared a quarterly dividend, which was paid on Thursday, January 31st. Stockholders of record on Thursday, January 17th were paid a $0.22 dividend. The ex-dividend date was Wednesday, January 16th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.92%. EOG Resources’s dividend payout ratio (DPR) is currently 78.57%.

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EOG Resources Company Profile

EOG Resources, Inc, together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. The company's principal producing areas are located in New Mexico, North Dakota, Texas, Utah, and Wyoming in the United States; and the Republic of Trinidad and Tobago, the United Kingdom, the People's Republic of China, and Canada.

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Institutional Ownership by Quarter for EOG Resources (NYSE:EOG)

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