Jackson Creek Investment Advisors LLC Has $400,000 Stake in EOG Resources, Inc. (NYSE:EOG)

Jackson Creek Investment Advisors LLC grew its position in shares of EOG Resources, Inc. (NYSE:EOG) by 14.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 3,265 shares of the energy exploration company’s stock after acquiring an additional 407 shares during the period. Jackson Creek Investment Advisors LLC’s holdings in EOG Resources were worth $400,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in EOG. Financial Life Planners acquired a new stake in EOG Resources in the 4th quarter worth approximately $25,000. Y.D. More Investments Ltd lifted its holdings in EOG Resources by 149.4% in the 4th quarter. Y.D. More Investments Ltd now owns 202 shares of the energy exploration company’s stock worth $25,000 after purchasing an additional 121 shares during the last quarter. Mainstream Capital Management LLC acquired a new stake in EOG Resources in the 4th quarter worth approximately $25,000. Decker Retirement Planning Inc. acquired a new stake in EOG Resources in the 4th quarter worth approximately $27,000. Finally, Keystone Financial Group Inc. acquired a new stake in EOG Resources in the 4th quarter worth approximately $27,000. 89.91% of the stock is currently owned by institutional investors and hedge funds.

EOG Resources Stock Performance

Shares of NYSE:EOG opened at $125.41 on Friday. The business’s fifty day moving average price is $129.50 and its two-hundred day moving average price is $127.72. EOG Resources, Inc. has a fifty-two week low of $115.78 and a fifty-two week high of $139.67. The stock has a market capitalization of $69.47 billion, a price-to-earnings ratio of 10.10, a price-to-earnings-growth ratio of 3.58 and a beta of 1.25. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.31 and a quick ratio of 2.07.

EOG Resources (NYSE:EOG) last announced 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. EOG Resources had a return on equity of 23.77% and a net margin of 29.18%. The firm had revenue of $5.59 billion for the quarter, compared to analysts’ expectations of $5.96 billion. As a group, analysts predict that EOG Resources, Inc. will post 11.47 EPS for the current fiscal year.

EOG Resources Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders 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 yield of 3.11%. The ex-dividend date is Wednesday, April 16th. EOG Resources’s dividend payout ratio (DPR) is 34.73%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Benchmark restated a “hold” rating on shares of EOG Resources in a report on Monday, January 13th. UBS Group dropped their price target on EOG Resources from $165.00 to $160.00 and set a “buy” rating on the stock in a research report on Tuesday, March 4th. Wells Fargo & Company raised EOG Resources from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $147.00 to $150.00 in a research report on Tuesday, December 17th. Piper Sandler dropped their price target on EOG Resources from $141.00 to $135.00 and set a “neutral” rating on the stock in a research report on Thursday. Finally, Raymond James lifted their price target on EOG Resources from $167.00 to $175.00 and gave the stock a “strong-buy” rating in a research report on Thursday, January 23rd. Twelve analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $145.80.

Insider Buying and Selling at EOG Resources

In other EOG Resources news, COO Jeffrey R. Leitzell sold 4,000 shares of the business’s stock in a transaction on Tuesday, December 31st. The stock was sold at an average price of $120.89, for a total value of $483,560.00. Following the transaction, the chief operating officer now owns 42,703 shares of the company’s stock, valued at approximately $5,162,365.67. The trade was a 8.56 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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.