Yousif Capital Management LLC Has $9.20 Million Holdings in EOG Resources, Inc. (NYSE:EOG)

Yousif Capital Management LLC lessened its position in EOG Resources, Inc. (NYSE:EOG) by 1.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 75,064 shares of the energy exploration company’s stock after selling 1,177 shares during the period. Yousif Capital Management LLC’s holdings in EOG Resources were worth $9,201,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of EOG. Cassia Capital Partners LLC acquired a new position in shares of EOG Resources during the 4th quarter worth about $582,000. 1858 Wealth Management LLC increased its position in EOG Resources by 7.4% in the 4th quarter. 1858 Wealth Management LLC now owns 8,380 shares of the energy exploration company’s stock worth $1,027,000 after buying an additional 581 shares during the period. Mather Group LLC. lifted its holdings in shares of EOG Resources by 6.5% during the fourth quarter. Mather Group LLC. now owns 8,413 shares of the energy exploration company’s stock worth $1,031,000 after buying an additional 513 shares during the last quarter. RBA Wealth Management LLC boosted its position in shares of EOG Resources by 4.4% in the fourth quarter. RBA Wealth Management LLC now owns 20,028 shares of the energy exploration company’s stock valued at $2,455,000 after acquiring an additional 846 shares during the period. Finally, Patron Partners LLC grew its stake in shares of EOG Resources by 10.7% in the fourth quarter. Patron Partners LLC now owns 2,461 shares of the energy exploration company’s stock worth $302,000 after acquiring an additional 238 shares during the last quarter. Institutional investors and hedge funds own 89.91% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on EOG shares. Mizuho reduced their price target on shares of EOG Resources from $156.00 to $148.00 and set an “outperform” rating for the company in a report on Monday, December 16th. Citigroup increased their target price on shares of EOG Resources from $127.00 to $134.00 and gave the company a “neutral” rating in a research note on Tuesday, November 26th. KeyCorp lowered their price target on EOG Resources from $157.00 to $150.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 16th. Scotiabank reduced their price objective on EOG Resources from $150.00 to $140.00 and set a “sector perform” rating for the company in a research report on Thursday, October 10th. Finally, Wells Fargo & Company upgraded EOG Resources from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $147.00 to $150.00 in a research report on Tuesday, December 17th. Thirteen analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $143.90.

Insider Activity

In other news, COO Jeffrey R. Leitzell sold 4,000 shares of the stock in a transaction that occurred on Tuesday, December 31st. The shares were sold at an average price of $120.89, for a total transaction of $483,560.00. Following the sale, the chief operating officer now directly owns 42,703 shares of the company’s stock, valued at $5,162,365.67. This represents a 8.56 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Janet F. Clark sold 568 shares of the firm’s stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $135.33, for a total transaction of $76,867.44. Following the completion of the sale, the director now directly owns 43,532 shares of the company’s stock, valued at approximately $5,891,185.56. This represents a 1.29 % decrease in their position. The disclosure for this sale can be found here. 0.20% of the stock is currently owned by corporate insiders.

EOG Resources Stock Performance

NYSE EOG opened at $127.69 on Thursday. The firm has a market cap of $71.82 billion, a price-to-earnings ratio of 10.28, a PEG ratio of 3.33 and a beta of 1.27. The company has a current ratio of 2.31, a quick ratio of 2.07 and a debt-to-equity ratio of 0.13. EOG Resources, Inc. has a 1-year low of $109.06 and a 1-year high of $139.67. The company has a 50 day moving average of $128.18 and a 200-day moving average of $127.28.

EOG Resources (NYSE:EOG) last issued its quarterly earnings data on Thursday, November 7th. The energy exploration company reported $2.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.73 by $0.16. The firm had revenue of $5.97 billion during the quarter, compared to the consensus estimate of $6.03 billion. EOG Resources had a return on equity of 23.77% and a net margin of 29.18%. During the same quarter in the previous year, the company posted $3.44 EPS. On average, equities analysts forecast that EOG Resources, Inc. will post 11.46 earnings per share for the current fiscal year.

EOG Resources announced that its board has approved a stock buyback plan on Thursday, November 7th that permits the company to repurchase $5.00 billion in shares. This repurchase authorization permits the energy exploration company to purchase up to 7% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board believes its shares are undervalued.

EOG Resources Company 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.