Brown Advisory Inc. Acquires 1,243 Shares of EOG Resources Inc (EOG)

Brown Advisory Inc. grew its holdings in shares of EOG Resources Inc (NYSE:EOG) by 1.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 130,292 shares of the energy exploration company’s stock after purchasing an additional 1,243 shares during the period. Brown Advisory Inc.’s holdings in EOG Resources were worth $14,060,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Amundi Pioneer Asset Management Inc. raised its holdings in EOG Resources by 43.1% in the 3rd quarter. Amundi Pioneer Asset Management Inc. now owns 4,006,886 shares of the energy exploration company’s stock worth $387,626,000 after acquiring an additional 1,206,576 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in EOG Resources by 21.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 6,412,802 shares of the energy exploration company’s stock worth $620,361,000 after acquiring an additional 1,118,898 shares during the last quarter. Northside Capital Management LLC purchased a new position in EOG Resources in the 4th quarter worth approximately $82,404,000. Westfield Capital Management Co. LP purchased a new position in EOG Resources in the 3rd quarter worth approximately $64,975,000. Finally, First Eagle Investment Management LLC purchased a new position in EOG Resources in the 3rd quarter worth approximately $64,133,000. Hedge funds and other institutional investors own 84.55% of the company’s stock.

In other news, EVP Michael P. Donaldson sold 1,741 shares of the business’s stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $106.00, for a total transaction of $184,546.00. Following the completion of the sale, the executive vice president now owns 75,118 shares of the company’s stock, valued at approximately $7,962,508. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Timothy K. Driggers sold 8,871 shares of the business’s stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $105.45, for a total transaction of $935,446.95. Following the sale, the chief financial officer now directly owns 185,157 shares of the company’s stock, valued at approximately $19,524,805.65. The disclosure for this sale can be found here. In the last three months, insiders have sold 69,934 shares of company stock valued at $7,820,085. Insiders own 0.53% of the company’s stock.

Shares of EOG Resources Inc (EOG) opened at $108.83 on Friday. EOG Resources Inc has a 1 year low of $81.99 and a 1 year high of $119.00. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.11 and a current ratio of 1.27. The stock has a market cap of $62,930.00, a price-to-earnings ratio of 10,883.00, a PEG ratio of 3.31 and a beta of 1.01.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 31st. Stockholders of record on Wednesday, January 17th were given a dividend of $0.1675 per share. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.62%. The ex-dividend date was Tuesday, January 16th. EOG Resources’s payout ratio is 6,700.00%.

A number of brokerages recently weighed in on EOG. Stifel Nicolaus set a $134.00 price objective on shares of EOG Resources and gave the stock a “buy” rating in a report on Sunday, February 11th. Zacks Investment Research upgraded shares of EOG Resources from a “hold” rating to a “strong-buy” rating and set a $134.00 price objective for the company in a report on Friday, February 2nd. Morgan Stanley decreased their price objective on shares of EOG Resources from $142.00 to $116.00 and set a “buy” rating for the company in a report on Wednesday, January 24th. Credit Suisse Group set a $126.00 price objective on shares of EOG Resources and gave the stock a “hold” rating in a report on Tuesday, January 23rd. They noted that the move was a valuation call. Finally, Cowen set a $115.00 price objective on shares of EOG Resources and gave the stock a “hold” rating in a report on Thursday, January 18th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $116.64.

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EOG Resources Profile

EOG Resources, Inc explores for, develops, produces and markets crude oil and natural gas in major producing basins in the United States, The Republic of Trinidad and Tobago, the United Kingdom, The People’s Republic of China, Canada and, from time to time, select other international areas. Its operations are all crude oil and natural gas exploration and production related.

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

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