Oxford Financial Group LTD. LLC Has $283,000 Stake in EOG Resources, Inc. (NYSE:EOG)

Oxford Financial Group LTD. LLC reduced its holdings in EOG Resources, Inc. (NYSE:EOG) by 4.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,306 shares of the energy exploration company’s stock after selling 111 shares during the period. Oxford Financial Group LTD. LLC’s holdings in EOG Resources were worth $283,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of EOG. Charles Schwab Investment Management Inc. lifted its stake in shares of EOG Resources by 4.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 18,192,314 shares of the energy exploration company’s stock valued at $2,230,014,000 after purchasing an additional 781,282 shares during the period. Geode Capital Management LLC grew its stake in shares of EOG Resources by 1.5% during the third quarter. Geode Capital Management LLC now owns 12,315,735 shares of the energy exploration company’s stock worth $1,513,446,000 after purchasing an additional 180,755 shares during the period. Franklin Resources Inc. lifted its stake in EOG Resources by 64.7% in the third quarter. Franklin Resources Inc. now owns 5,284,228 shares of the energy exploration company’s stock valued at $694,717,000 after buying an additional 2,076,134 shares during the period. Pacer Advisors Inc. boosted its holdings in EOG Resources by 5.0% during the fourth quarter. Pacer Advisors Inc. now owns 4,469,142 shares of the energy exploration company’s stock worth $547,827,000 after buying an additional 214,497 shares during the last quarter. Finally, Wealthfront Advisers LLC grew its position in shares of EOG Resources by 4,642.2% during the 4th quarter. Wealthfront Advisers LLC now owns 2,852,238 shares of the energy exploration company’s stock worth $349,627,000 after buying an additional 2,792,092 shares during the period. 89.91% of the stock is owned by institutional investors.

EOG Resources Price Performance

Shares of NYSE EOG opened at $124.91 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.31 and a quick ratio of 2.07. The business has a 50-day moving average of $129.11 and a 200-day moving average of $127.45. The stock has a market capitalization of $69.19 billion, a price-to-earnings ratio of 10.06, a PEG ratio of 3.58 and a beta of 1.25. EOG Resources, Inc. has a fifty-two week low of $115.78 and a fifty-two week high of $139.67.

EOG Resources (NYSE:EOG) last posted its quarterly earnings results on Friday, February 28th. The energy exploration company reported $2.74 earnings per share for the quarter, beating analysts’ consensus estimates of $2.55 by $0.19. The firm had revenue of $5.59 billion during the quarter, compared to the consensus estimate of $5.96 billion. EOG Resources had a return on equity of 23.77% and a net margin of 29.18%. As a group, sell-side analysts predict that EOG Resources, Inc. will post 11.47 earnings per share for the current fiscal year.

EOG Resources Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be given a $0.975 dividend. This represents a $3.90 dividend on an annualized basis and a dividend yield of 3.12%. The ex-dividend date is Wednesday, April 16th. EOG Resources’s dividend payout ratio (DPR) is presently 34.73%.

Insider Transactions at EOG Resources

In related news, COO Jeffrey R. Leitzell sold 4,000 shares of EOG Resources stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of $120.89, for a total transaction of $483,560.00. Following the completion of the transaction, the chief operating officer now owns 42,703 shares in the company, valued at approximately $5,162,365.67. This trade represents a 8.56 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.30% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Bank of America reiterated a “neutral” rating and issued a $144.00 price target (down from $151.00) on shares of EOG Resources in a research report on Monday, January 13th. Royal Bank of Canada upgraded shares of EOG Resources from a “sector perform” rating to an “outperform” rating and upped their price objective for the company from $150.00 to $155.00 in a research report on Wednesday, February 12th. Williams Trading set a $154.00 target price on EOG Resources in a report on Wednesday, March 5th. StockNews.com downgraded EOG Resources from a “buy” rating to a “hold” rating in a report on Friday, February 21st. Finally, Morgan Stanley cut their price objective on EOG Resources from $143.00 to $142.00 and set an “equal weight” rating on the stock in a report on Monday, March 3rd. Twelve research 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 company. According to data from MarketBeat, EOG Resources presently has an average rating of “Moderate Buy” and an average target price of $145.33.

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.