Linscomb & Williams Inc. Has $260,000 Position in EOG Resources, Inc. (EOG)

Linscomb & Williams Inc. raised its position in shares of EOG Resources, Inc. (NYSE:EOG) by 3.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 2,567 shares of the energy exploration company’s stock after buying an additional 80 shares during the period. Linscomb & Williams Inc.’s holdings in EOG Resources were worth $260,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in EOG. Klingenstein Fields & Co. LLC acquired a new position in EOG Resources during the second quarter worth approximately $314,000. Badgley Phelps & Bell Inc. boosted its position in shares of EOG Resources by 2.6% in the second quarter. Badgley Phelps & Bell Inc. now owns 93,342 shares of the energy exploration company’s stock valued at $7,787,000 after buying an additional 2,378 shares during the period. Ngam Advisors L.P. boosted its position in shares of EOG Resources by 0.5% in the second quarter. Ngam Advisors L.P. now owns 100,409 shares of the energy exploration company’s stock valued at $8,376,000 after buying an additional 468 shares during the period. Pillar Pacific Capital Management LLC boosted its position in shares of EOG Resources by 8.1% in the second quarter. Pillar Pacific Capital Management LLC now owns 31,590 shares of the energy exploration company’s stock valued at $2,636,000 after buying an additional 2,365 shares during the period. Finally, Everence Capital Management Inc. boosted its position in shares of EOG Resources by 4.5% in the second quarter. Everence Capital Management Inc. now owns 24,132 shares of the energy exploration company’s stock valued at $2,013,000 after buying an additional 1,030 shares during the period. 85.07% of the stock is currently owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for EOG Resources (NYSE:EOG)

EOG Resources, Inc. (NYSE:EOG) traded up 1.63% during midday trading on Friday, hitting $101.44. The stock had a trading volume of 3,088,973 shares. The stock has a 50 day moving average of $102.66 and a 200 day moving average of $95.74. The stock’s market cap is $58.48 billion. EOG Resources, Inc. has a 12 month low of $62.53 and a 12 month high of $109.37.

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 31st. Investors of record on Tuesday, January 17th were paid a dividend of $0.1675 per share. The ex-dividend date of this dividend was Thursday, January 12th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.66%. EOG Resources’s payout ratio is currently -29.65%.

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EOG has been the topic of several research analyst reports. Jefferies Group LLC reissued a “hold” rating and issued a $88.00 price objective on shares of EOG Resources in a research note on Wednesday, October 19th. TheStreet raised EOG Resources from a “sell” rating to a “hold” rating in a research note on Thursday, October 20th. Bank of America Corporation reissued a “hold” rating and issued a $110.00 price objective on shares of EOG Resources in a research note on Friday, November 4th. Royal Bank Of Canada increased their price objective on EOG Resources from $98.00 to $105.00 and gave the stock a “sector perform” rating in a research note on Tuesday, November 8th. Finally, RBC Capital Markets reissued a “hold” rating and issued a $105.00 price objective (up previously from $98.00) on shares of EOG Resources in a research note on Tuesday, November 8th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the stock. EOG Resources presently has a consensus rating of “Buy” and an average target price of $103.70.

In related news, Director Charles R. Crisp sold 14,000 shares of the business’s stock in a transaction on Monday, November 14th. The shares were sold at an average price of $92.69, for a total value of $1,297,660.00. Following the completion of the sale, the director now directly owns 57,586 shares of the company’s stock, valued at $5,337,646.34. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Frank G. Wisner sold 1,000 shares of the business’s stock in a transaction on Friday, January 27th. The shares were sold at an average price of $102.94, for a total transaction of $102,940.00. Following the completion of the sale, the director now directly owns 107,862 shares of the company’s stock, valued at $11,103,314.28. The disclosure for this sale can be found here. In the last quarter, insiders have sold 111,553 shares of company stock valued at $11,258,827. Insiders own 0.52% of the company’s stock.

About EOG Resources

EOG Resources, Inc (EOG) explores for, develops, produces and markets crude oil and natural gas primarily in major producing basins in the United States, The Republic of Trinidad and Tobago (Trinidad), the United Kingdom, The People’s Republic of China (China), Canada and, from time to time, select other international areas.

5 Day Chart for NYSE:EOG

Want to see what other hedge funds are holding EOG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EOG Resources, Inc. (NYSE:EOG).

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