Kapitalo Investimentos Ltda Has $247,000 Stock Position in EOG Resources, Inc. (NYSE:EOG)

Kapitalo Investimentos Ltda boosted its stake in shares of EOG Resources, Inc. (NYSE:EOG) by 156.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 2,044 shares of the energy exploration company’s stock after buying an additional 1,248 shares during the period. Kapitalo Investimentos Ltda’s holdings in EOG Resources were worth $247,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. McIlrath & Eck LLC grew its stake in shares of EOG Resources by 77.6% in the third quarter. McIlrath & Eck LLC now owns 238 shares of the energy exploration company’s stock valued at $30,000 after buying an additional 104 shares in the last quarter. Exchange Traded Concepts LLC grew its stake in shares of EOG Resources by 530.0% in the fourth quarter. Exchange Traded Concepts LLC now owns 252 shares of the energy exploration company’s stock valued at $30,000 after buying an additional 212 shares in the last quarter. Sachetta LLC bought a new position in EOG Resources during the fourth quarter worth $33,000. Hall Laurie J Trustee bought a new position in EOG Resources during the fourth quarter worth $36,000. Finally, Keener Financial Planning LLC bought a new position in EOG Resources during the fourth quarter worth $36,000. 89.91% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other EOG Resources news, CEO Ezra Y. Yacob sold 4,729 shares of the stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of $129.31, for a total transaction of $611,506.99. Following the transaction, the chief executive officer now directly owns 150,474 shares in the company, valued at approximately $19,457,792.94. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other EOG Resources news, CEO Ezra Y. Yacob sold 4,729 shares of the stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of $129.31, for a total transaction of $611,506.99. Following the transaction, the chief executive officer now directly owns 150,474 shares in the company, valued at approximately $19,457,792.94. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Michael P. Donaldson sold 2,685 shares of the stock in a transaction on Monday, May 13th. The stock was sold at an average price of $130.29, for a total value of $349,828.65. Following the completion of the transaction, the executive vice president now owns 109,040 shares in the company, valued at $14,206,821.60. The disclosure for this sale can be found here. In the last three months, insiders have sold 16,512 shares of company stock worth $2,144,972. Corporate insiders own 0.20% of the company’s stock.

EOG Resources Trading Up 1.1 %

Shares of EOG Resources stock traded up $1.28 on Tuesday, hitting $120.36. The stock had a trading volume of 268,962 shares, compared to its average volume of 3,270,565. The stock has a 50 day moving average of $128.30 and a 200 day moving average of $122.25. EOG Resources, Inc. has a twelve month low of $106.34 and a twelve month high of $139.67. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.05 and a current ratio of 2.32. The firm has a market capitalization of $69.17 billion, a P/E ratio of 9.41 and a beta of 1.32.

EOG Resources (NYSE:EOG) last released its earnings results on Thursday, May 2nd. The energy exploration company reported $2.82 earnings per share for the quarter, beating analysts’ consensus estimates of $2.70 by $0.12. The business had revenue of $6.12 billion during the quarter, compared to the consensus estimate of $5.91 billion. EOG Resources had a net margin of 30.33% and a return on equity of 24.83%. The company’s revenue for the quarter was up 1.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.69 EPS. Sell-side analysts expect that EOG Resources, Inc. will post 12.14 earnings per share for the current fiscal year.

EOG Resources Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Wednesday, July 17th will be given a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a yield of 3.02%. The ex-dividend date of this dividend is Wednesday, July 17th. EOG Resources’s dividend payout ratio is presently 28.75%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. TD Cowen lifted their price objective on shares of EOG Resources from $130.00 to $144.00 and gave the stock a “hold” rating in a research report on Tuesday, April 30th. StockNews.com raised EOG Resources from a “hold” rating to a “buy” rating in a report on Thursday, May 9th. Piper Sandler lifted their target price on EOG Resources from $153.00 to $154.00 and gave the stock an “overweight” rating in a report on Tuesday, May 14th. Scotiabank downgraded EOG Resources from a “sector outperform” rating to a “sector perform” rating and lifted their target price for the stock from $135.00 to $155.00 in a report on Thursday, April 11th. Finally, Mizuho lifted their target price on EOG Resources from $140.00 to $156.00 and gave the stock a “buy” rating in a report on Monday, May 13th. 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 company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $143.19.

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.