EOG Resources, Inc. (NYSE:EOG) Shares Acquired by Coldstream Capital Management Inc.

Coldstream Capital Management Inc. boosted its stake in EOG Resources, Inc. (NYSE:EOG) by 8.2% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 5,785 shares of the energy exploration company’s stock after acquiring an additional 436 shares during the quarter. Coldstream Capital Management Inc.’s holdings in EOG Resources were worth $728,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. RPG Investment Advisory LLC grew its position in shares of EOG Resources by 2.5% in the second quarter. RPG Investment Advisory LLC now owns 58,816 shares of the energy exploration company’s stock valued at $7,403,000 after purchasing an additional 1,412 shares during the period. Sachetta LLC increased its stake in EOG Resources by 37.6% during the 2nd quarter. Sachetta LLC now owns 373 shares of the energy exploration company’s stock worth $47,000 after buying an additional 102 shares in the last quarter. Insight Inv LLC raised its holdings in shares of EOG Resources by 61.4% during the second quarter. Insight Inv LLC now owns 9,310 shares of the energy exploration company’s stock valued at $1,172,000 after acquiring an additional 3,540 shares during the last quarter. LGT Fund Management Co Ltd. purchased a new position in shares of EOG Resources in the second quarter valued at approximately $3,493,000. Finally, LGT Group Foundation boosted its stake in shares of EOG Resources by 3.5% in the second quarter. LGT Group Foundation now owns 96,170 shares of the energy exploration company’s stock worth $12,105,000 after acquiring an additional 3,216 shares during the last quarter. Hedge funds and other institutional investors own 89.91% of the company’s stock.

Insider Buying and Selling

In other news, EVP Michael P. Donaldson sold 11,037 shares of the stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $129.50, for a total value of $1,429,291.50. Following the completion of the sale, the executive vice president now directly owns 74,250 shares of the company’s stock, valued at $9,615,375. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director Charles R. Crisp sold 6,500 shares of EOG Resources stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $125.60, for a total value of $816,400.00. Following the transaction, the director now directly owns 60,892 shares in the company, valued at approximately $7,648,035.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Michael P. Donaldson sold 11,037 shares of the company’s stock in a transaction on Monday, August 26th. The stock was sold at an average price of $129.50, for a total transaction of $1,429,291.50. Following the transaction, the executive vice president now owns 74,250 shares of the company’s stock, valued at approximately $9,615,375. The disclosure for this sale can be found here. Insiders have sold 21,537 shares of company stock worth $2,751,612 in the last quarter. 0.30% of the stock is owned by insiders.

EOG Resources Trading Up 0.3 %

NYSE EOG opened at $118.23 on Friday. The company has a quick ratio of 1.89, a current ratio of 2.12 and a debt-to-equity ratio of 0.11. The firm has a 50 day moving average of $126.04 and a two-hundred day moving average of $126.12. The stock has a market capitalization of $67.95 billion, a PE ratio of 9.34, a price-to-earnings-growth ratio of 3.01 and a beta of 1.28. EOG Resources, Inc. has a 52 week low of $108.94 and a 52 week high of $139.67.

EOG Resources (NYSE:EOG) last issued its earnings results on Thursday, August 1st. The energy exploration company reported $3.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.98 by $0.18. EOG Resources had a net margin of 30.33% and a return on equity of 25.42%. The business had revenue of $6.03 billion during the quarter, compared to analysts’ expectations of $6.07 billion. During the same quarter in the prior year, the business posted $2.49 EPS. The company’s revenue for the quarter was up 8.1% on a year-over-year basis. As a group, research analysts expect that EOG Resources, Inc. will post 12.2 EPS for the current fiscal year.

EOG Resources Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Thursday, October 17th will be given a $0.91 dividend. The ex-dividend date of this dividend is Thursday, October 17th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 3.08%. EOG Resources’s dividend payout ratio (DPR) is presently 28.75%.

Wall Street Analysts Forecast Growth

EOG has been the topic of a number of research reports. Scotiabank decreased their price objective on EOG Resources from $155.00 to $150.00 and set a “sector perform” rating on the stock in a report on Friday, July 12th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $147.00 target price on shares of EOG Resources in a research note on Wednesday, July 10th. StockNews.com upgraded EOG Resources from a “hold” rating to a “buy” rating in a research report on Monday, August 5th. UBS Group boosted their price objective on shares of EOG Resources from $166.00 to $167.00 and gave the company a “buy” rating in a report on Tuesday, August 20th. Finally, JPMorgan Chase & Co. lowered their target price on shares of EOG Resources from $143.00 to $135.00 and set a “neutral” rating for the company in a research note on Thursday. Thirteen research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $143.63.

EOG Resources 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.