Mount Yale Investment Advisors LLC Has $750,000 Stake in EOG Resources, Inc. (NYSE:EOG)

Mount Yale Investment Advisors LLC decreased its position in EOG Resources, Inc. (NYSE:EOG) by 24.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,866 shares of the energy exploration company’s stock after selling 1,872 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in EOG Resources were worth $750,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. MUFG Securities EMEA plc acquired a new position in shares of EOG Resources in the fourth quarter valued at approximately $5,443,000. TIAA Trust National Association grew its position in EOG Resources by 639.3% during the fourth quarter. TIAA Trust National Association now owns 57,636 shares of the energy exploration company’s stock worth $6,971,000 after buying an additional 49,840 shares in the last quarter. Dai ichi Life Insurance Company Ltd grew its position in EOG Resources by 15.3% during the fourth quarter. Dai ichi Life Insurance Company Ltd now owns 46,468 shares of the energy exploration company’s stock worth $5,620,000 after buying an additional 6,154 shares in the last quarter. AIA Group Ltd grew its position in EOG Resources by 128.0% during the fourth quarter. AIA Group Ltd now owns 10,203 shares of the energy exploration company’s stock worth $1,234,000 after buying an additional 5,728 shares in the last quarter. Finally, Artisan Partners Limited Partnership grew its position in EOG Resources by 2.3% during the fourth quarter. Artisan Partners Limited Partnership now owns 991,055 shares of the energy exploration company’s stock worth $119,868,000 after buying an additional 22,638 shares in the last quarter. Institutional investors and hedge funds own 89.91% of the company’s stock.

EOG Resources Trading Up 0.6 %

EOG Resources stock traded up $0.70 during trading hours on Tuesday, reaching $125.88. 120,911 shares of the company’s stock were exchanged, compared to its average volume of 3,161,596. The company has a quick ratio of 2.05, a current ratio of 2.32 and a debt-to-equity ratio of 0.13. The firm’s 50 day simple moving average is $124.64 and its 200 day simple moving average is $123.47. EOG Resources, Inc. has a twelve month low of $108.94 and a twelve month high of $139.67. The firm has a market capitalization of $72.34 billion, a PE ratio of 9.89, a PEG ratio of 2.22 and a beta of 1.30.

EOG Resources (NYSE:EOG) last issued its quarterly earnings results on Thursday, May 2nd. The energy exploration company reported $2.82 earnings per share for the quarter, topping analysts’ consensus estimates of $2.70 by $0.12. EOG Resources had a return on equity of 24.83% and a net margin of 30.33%. The firm had revenue of $6.12 billion during the quarter, compared to the consensus estimate of $5.91 billion. During the same period last year, the business posted $2.69 EPS. The business’s revenue was up 1.3% compared to the same quarter last year. Research analysts predict that EOG Resources, Inc. will post 12.13 earnings per share for the current year.

EOG Resources Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Wednesday, July 17th will be issued a dividend of $0.91 per share. The ex-dividend date is Wednesday, July 17th. This represents a $3.64 dividend on an annualized basis and a yield of 2.89%. EOG Resources’s payout ratio is currently 28.75%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on EOG. Bank of America reissued a “buy” rating and set a $151.00 price target on shares of EOG Resources in a research report on Friday, June 14th. Barclays began coverage on EOG Resources in a research report on Wednesday, April 10th. They set an “equal weight” rating and a $144.00 price target on the stock. Sanford C. Bernstein reduced their price target on EOG Resources from $139.00 to $125.00 and set a “market perform” rating on the stock in a research report on Wednesday, July 17th. Wolfe Research initiated coverage on EOG Resources in a research report on Thursday, July 18th. They set a “peer perform” rating on the stock. Finally, Citigroup upped their target price on EOG Resources from $124.00 to $130.00 and gave the stock a “neutral” rating in a research note on Friday, May 24th. Fifteen investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, EOG Resources has a consensus rating of “Hold” and an average target price of $143.20.

Insiders Place Their Bets

In other news, CEO Ezra Y. Yacob sold 4,729 shares of the firm’s stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $129.31, for a total value of $611,506.99. Following the completion of the sale, the chief executive officer now directly owns 150,474 shares in the company, valued at approximately $19,457,792.94. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In other news, President Lloyd W. Helms, Jr. sold 1,296 shares of the firm’s stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $130.27, for a total value of $168,829.92. Following the completion of the sale, the president now directly owns 161,109 shares in the company, valued at approximately $20,987,669.43. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Ezra Y. Yacob sold 4,729 shares of the firm’s stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $129.31, for a total value of $611,506.99. Following the completion of the sale, the chief executive officer now owns 150,474 shares of the company’s stock, valued at $19,457,792.94. The disclosure for this sale can be found here. In the last ninety days, insiders sold 16,512 shares of company stock worth $2,144,972. Company insiders own 0.30% of the company’s stock.

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.