Values First Advisors Inc. Has $1.93 Million Stock Holdings in EOG Resources, Inc. (NYSE:EOG)

Values First Advisors Inc. lifted its holdings in EOG Resources, Inc. (NYSE:EOG) by 2.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,938 shares of the energy exploration company’s stock after buying an additional 338 shares during the period. EOG Resources comprises approximately 1.2% of Values First Advisors Inc.’s portfolio, making the stock its 23rd biggest position. Values First Advisors Inc.’s holdings in EOG Resources were worth $1,928,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of EOG. Envestnet Portfolio Solutions Inc. acquired a new stake in EOG Resources during the third quarter valued at $4,431,000. Paradigm Financial Partners LLC boosted its position in EOG Resources by 0.9% during the third quarter. Paradigm Financial Partners LLC now owns 30,004 shares of the energy exploration company’s stock valued at $3,728,000 after purchasing an additional 271 shares during the last quarter. Pacer Advisors Inc. boosted its position in EOG Resources by 12.5% during the fourth quarter. Pacer Advisors Inc. now owns 3,065,042 shares of the energy exploration company’s stock valued at $370,717,000 after purchasing an additional 340,902 shares during the last quarter. SG Americas Securities LLC boosted its position in EOG Resources by 105.7% during the fourth quarter. SG Americas Securities LLC now owns 44,688 shares of the energy exploration company’s stock valued at $5,405,000 after purchasing an additional 22,962 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC acquired a new stake in EOG Resources during the third quarter valued at $1,331,000. Institutional investors and hedge funds own 89.91% of the company’s stock.

EOG Resources Stock Performance

EOG traded up $1.45 on Friday, hitting $127.84. 3,310,524 shares of the stock traded hands, compared to its average volume of 4,029,378. EOG Resources, Inc. has a 52 week low of $106.32 and a 52 week high of $136.79. The company has a current ratio of 2.44, a quick ratio of 2.13 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $74.15 billion, a PE ratio of 9.83 and a beta of 1.39. The business has a fifty day moving average price of $116.32 and a two-hundred day moving average price of $121.44.

EOG Resources (NYSE:EOG) last released its quarterly earnings data on Friday, February 23rd. The energy exploration company reported $3.07 earnings per share for the quarter, missing analysts’ consensus estimates of $3.14 by ($0.07). The company had revenue of $6.36 billion for the quarter, compared to analyst estimates of $6.18 billion. EOG Resources had a net margin of 31.40% and a return on equity of 25.38%. The firm’s revenue for the quarter was down 5.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.30 earnings per share. On average, research analysts predict that EOG Resources, Inc. will post 11.43 EPS for the current fiscal year.

EOG Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Investors 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 2.85%. The ex-dividend date is Monday, April 15th. EOG Resources’s dividend payout ratio is currently 27.98%.

Analyst Ratings Changes

A number of analysts recently issued reports on EOG shares. Mizuho reduced their price objective on EOG Resources from $150.00 to $138.00 and set a “buy” rating for the company in a research report on Wednesday, January 3rd. Susquehanna cut their target price on EOG Resources from $164.00 to $147.00 and set a “positive” rating on the stock in a report on Friday, January 26th. Wells Fargo & Company lowered EOG Resources from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $150.00 to $130.00 in a report on Thursday, December 14th. Bank of America lowered EOG Resources from a “buy” rating to a “neutral” rating and cut their target price for the company from $147.00 to $140.00 in a report on Friday, January 5th. Finally, Citigroup raised their target price on EOG Resources from $120.00 to $124.00 and gave the company a “neutral” rating in a report on Monday, March 18th. Eleven equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $140.20.

About EOG Resources

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.