Buckhead Capital Management LLC Sells 255 Shares of EOG Resources, Inc. (NYSE:EOG)

Buckhead Capital Management LLC decreased its position in shares of EOG Resources, Inc. (NYSE:EOG) by 2.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,266 shares of the energy exploration company’s stock after selling 255 shares during the quarter. Buckhead Capital Management LLC’s holdings in EOG Resources were worth $1,121,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. McIlrath & Eck LLC lifted its position in EOG Resources by 77.6% during the third quarter. McIlrath & Eck LLC now owns 238 shares of the energy exploration company’s stock worth $30,000 after purchasing an additional 104 shares during the period. Peoples Bank KS bought a new stake in EOG Resources during the third quarter worth about $31,000. Exchange Traded Concepts LLC lifted its position in EOG Resources by 530.0% during the fourth quarter. Exchange Traded Concepts LLC now owns 252 shares of the energy exploration company’s stock worth $30,000 after purchasing an additional 212 shares during the period. Hall Laurie J Trustee bought a new position in shares of EOG Resources in the fourth quarter worth about $36,000. Finally, Keener Financial Planning LLC bought a new position in shares of EOG Resources in the fourth quarter worth about $36,000. Institutional investors own 89.91% of the company’s stock.

EOG Resources Trading Down 1.6 %

Shares of NYSE:EOG traded down $2.18 during mid-day trading on Wednesday, hitting $129.95. The company had a trading volume of 3,407,830 shares, compared to its average volume of 3,353,956. The firm has a fifty day moving average price of $126.53 and a 200 day moving average price of $122.48. The company has a market capitalization of $74.75 billion, a PE ratio of 10.16 and a beta of 1.40. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.44 and a quick ratio of 2.13. EOG Resources, Inc. has a one year low of $106.32 and a one year high of $139.67.

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 the consensus estimate of $3.14 by ($0.07). The company had revenue of $6.36 billion during the quarter, compared to the consensus estimate of $6.18 billion. EOG Resources had a net margin of 31.40% and a return on equity of 25.38%. The business’s revenue was down 5.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.30 EPS. As a group, research analysts forecast that EOG Resources, Inc. will post 12.32 EPS for the current year.

EOG Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Tuesday, April 16th were paid a $0.91 dividend. The ex-dividend date was Monday, April 15th. This represents a $3.64 annualized dividend and a dividend yield of 2.80%. EOG Resources’s dividend payout ratio is currently 27.98%.

Analyst Ratings Changes

EOG has been the subject of a number of research reports. Bank of America cut shares of EOG Resources from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $147.00 to $140.00 in a report on Friday, January 5th. Scotiabank cut shares of EOG Resources from a “sector outperform” rating to a “sector perform” rating and increased their target price for the stock from $135.00 to $155.00 in a report on Thursday, April 11th. TD Cowen increased their target price on shares of EOG Resources from $130.00 to $144.00 and gave the stock a “hold” rating in a report on Tuesday. Royal Bank of Canada reissued a “sector perform” rating and issued a $145.00 target price on shares of EOG Resources in a report on Tuesday, April 9th. Finally, Mizuho upped their price objective on EOG Resources from $138.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, April 15th. Thirteen investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $142.27.

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.