(NYSE:EOG) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. State Street Corp now owns 27,064,265 shares of the energy exploration company's stock worth $2,257,702,000 after buying an additional 268,950 shares during the last quarter. BB&T Corp's holdings in EOG Resources were worth $2,077,000 at the end of the most recent reporting period.
Other hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. lifted its holdings in EOG Resources by 2,098.0% in the first quarter. BlackRock Inc. now owns 35,740,352 shares of the energy exploration company's stock valued at $3,486,473,000 after buying an additional 34,114,299 shares during the period.
Kidder Stephen W acquired a new stake in EOG Resources, Inc. Ameriprise Financial Inc. raised its stake in shares of EOG Resources by 64.9% during the second quarter. TIAA CREF Investment Management LLC now owns 8,330,252 shares of the energy exploration company's stock worth $805,619,000 after buying an additional 46,320 shares during the last quarter. The company had Year Ago Sales of $2.8 Billion. Finally, UBS Asset Management Americas Inc. raised its stake in shares of EOG Resources by 49.2% during the second quarter. A stock with a beta above 1 is more volatile than the market.
EOG Resources, Inc. has a 52 week low of $81.99 and a 52 week high of $109.37. The stock decreased 1.91% or $1.99 during the last trading session, reaching $102.47. A total of 1.82 Million shares exchanged at hands and its Average Volume (3 months) is 2.7 Million. With the constructive P/E value of EOG Resources, Inc., the investors are able to forecast the positive earnings growth of the company. The Market Cap of the company is $60.52 Billion. PiperJaffray maintained EOG Resources Inc (NYSE:EOG) on Monday, September 18 with "Overweight" rating. The energy exploration company reported $0.19 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.12 by $0.07. The business had revenue of $2.64 billion for the quarter, compared to analysts' expectations of $2.59 billion. The business's revenue for the quarter was up 24.8% compared to the same quarter previous year.
Alliancebernstein L.P. bought 43,874 shares in quarter ending 09/30/2017 increasing its exposure to Eog Resources by 0.6%.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 31st. Stockholders of record on Tuesday, October 17th were issued a $0.1675 dividend. This represents a $0.67 annualized dividend and a yield of 0.66%. EOG Resources's payout ratio is now 6,700.00%.
A number of brokerages recently commented on EOG.
Shares of EOG Resources (NYSE:EOG) opened at 105.19 on Thursday. They set an "outperform" rating and a $115.00 target price for the company. Morgan Stanley set a $116.00 target price on shares of EOG Resources and gave the company a "buy" rating in a research report on Wednesday, October 18th. One equities research analyst has rated the stock with a sell rating, fifteen have issued a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company. Finally, J P Morgan Chase & Co raised their target price on shares of EOG Resources from $90.00 to $96.00 and gave the company a "neutral" rating in a research report on Thursday, October 12th. EOG Resources, Inc.'s ROA is rolling at 0.00%, following the ROI of -3.60%. "(NYSE:EOG) Position Lowered by Robeco Institutional Asset Management B.V." was originally published by StockNewsTimes and is the property of of StockNewsTimes. If you are viewing this news story on another publication, it was stolen and republished in violation of United States and global copyright laws. Vetr upgraded shares of EOG Resources from a "hold" rating to a "buy" rating and set a $107.42 target price for the company in a research report on Monday, November 28th. The stock was sold at an average price of $97.50, for a total transaction of $601,282.50. Also, EVP David W. Trice sold 3,114 shares of the company's stock in a transaction dated Monday, November 6th. (EOG), the percentage of institutional ownership is now at 86.15% percent of its total shares outstanding, with the total value of institutional ownership at $52 billion.