Wilkinson Global Asset Management LLC Decreases Stock Position in EOG Resources, Inc. (NYSE:EOG)

Wilkinson Global Asset Management LLC lessened its position in shares of EOG Resources, Inc. (NYSE:EOG) by 4.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,520 shares of the energy exploration company’s stock after selling 170 shares during the period. Wilkinson Global Asset Management LLC’s holdings in EOG Resources were worth $433,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. UniSuper Management Pty Ltd grew its stake in EOG Resources by 228.4% in the 1st quarter. UniSuper Management Pty Ltd now owns 15,626 shares of the energy exploration company’s stock valued at $1,998,000 after buying an additional 10,868 shares in the last quarter. University of Texas Texas AM Investment Management Co. lifted its holdings in EOG Resources by 3,976.8% during the 2nd quarter. University of Texas Texas AM Investment Management Co. now owns 10,885 shares of the energy exploration company’s stock worth $1,370,000 after purchasing an additional 10,618 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its stake in EOG Resources by 23.3% in the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 25,102 shares of the energy exploration company’s stock worth $3,209,000 after purchasing an additional 4,749 shares during the period. Sequoia Financial Advisors LLC grew its holdings in EOG Resources by 44.2% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 10,603 shares of the energy exploration company’s stock valued at $1,303,000 after buying an additional 3,251 shares in the last quarter. Finally, Canada Pension Plan Investment Board increased its position in shares of EOG Resources by 67.3% during the first quarter. Canada Pension Plan Investment Board now owns 843,682 shares of the energy exploration company’s stock valued at $107,856,000 after buying an additional 339,480 shares during the period. Hedge funds and other institutional investors own 89.91% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Barclays reduced their price objective on shares of EOG Resources from $144.00 to $137.00 and set an “equal weight” rating for the company in a research note on Thursday, October 3rd. StockNews.com lowered shares of EOG Resources from a “buy” rating to a “hold” rating in a research report on Monday, September 16th. Royal Bank of Canada reissued a “sector perform” rating and set a $145.00 price objective on shares of EOG Resources in a research note on Monday, October 14th. UBS Group reduced their target price on EOG Resources from $167.00 to $154.00 and set a “buy” rating for the company in a research report on Wednesday, September 18th. Finally, Susquehanna dropped their price target on EOG Resources from $159.00 to $158.00 and set a “positive” rating for the company in a research report on Wednesday, September 4th. Fourteen research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $141.20.

Insider Transactions at EOG Resources

In related news, COO Jeffrey R. Leitzell sold 4,000 shares of the company’s stock in a transaction that occurred on Friday, August 9th. The stock was sold at an average price of $126.48, for a total transaction of $505,920.00. Following the completion of the transaction, the chief operating officer now owns 35,058 shares in the company, valued at $4,434,135.84. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, COO Jeffrey R. Leitzell sold 4,000 shares of EOG Resources stock in a transaction dated Friday, August 9th. The shares were sold at an average price of $126.48, for a total transaction of $505,920.00. Following the sale, the chief operating officer now owns 35,058 shares of the company’s stock, valued at approximately $4,434,135.84. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Michael P. Donaldson sold 11,037 shares of the company’s 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 transaction, the executive vice president now owns 74,250 shares in the company, valued at $9,615,375. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 21,537 shares of company stock worth $2,751,612. 0.20% of the stock is currently owned by insiders.

EOG Resources Stock Up 4.2 %

NYSE EOG opened at $127.19 on Thursday. The business’s 50-day moving average is $125.15 and its 200 day moving average is $126.08. The stock has a market capitalization of $72.32 billion, a PE ratio of 9.82, a PEG ratio of 3.24 and a beta of 1.28. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.12 and a quick ratio of 1.89. EOG Resources, Inc. has a 1 year low of $108.94 and a 1 year high of $139.67.

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.