Ci Investments INC Trimmed Its Eog Res INC (EOG) Holding as Stock Price Declined

May 23, 2018 - By Nellie Frank

EOG Resources, Inc. (NYSE:EOG) LogoInvestors sentiment increased to 0.97 in Q4 2017. Its up 0.15, from 0.82 in 2017Q3. It is positive, as 48 investors sold EOG shares while 332 reduced holdings. 112 funds opened positions while 257 raised stakes. 477.30 million shares or 0.36% less from 479.04 million shares in 2017Q3 were reported. Orleans Capital Corp La accumulated 2,010 shares. Baldwin Brothers Incorporated Ma reported 1.21% stake. Robeco Institutional Asset Management Bv owns 42,353 shares. 41,170 are held by Cubist Systematic Strategies Limited Liability Co. Tudor Et Al accumulated 4,173 shares or 0.01% of the stock. Los Angeles Mngmt Equity Research Inc, a California-based fund reported 29,358 shares. Riverpark Cap Ltd Liability has 2.28% invested in EOG Resources, Inc. (NYSE:EOG) for 147,386 shares. Highlander Management holds 125 shares or 0.01% of its portfolio. Intact Management invested in 0.01% or 2,200 shares. 786,816 are held by Waverton Mngmt. Amalgamated Commercial Bank has 68,612 shares. Allen Invest Ltd Co owns 10,463 shares. Page Arthur B invested 0.82% of its portfolio in EOG Resources, Inc. (NYSE:EOG). Victory Cap Mgmt invested 0.03% in EOG Resources, Inc. (NYSE:EOG). Quantitative Invest Ltd Liability Corp holds 0.05% or 30,800 shares.

Since January 10, 2018, it had 0 insider purchases, and 8 selling transactions for $15.34 million activity. On Wednesday, May 9 the insider Janssen Ann D. sold $568,150. Another trade for 15,322 shares valued at $1.75 million was sold by Donaldson Michael P. On Thursday, May 17 DRIGGERS TIMOTHY K sold $1.32 million worth of EOG Resources, Inc. (NYSE:EOG) or 10,489 shares. Shares for $4.52M were sold by THOMAS GARY L on Wednesday, January 10. On Friday, January 12 Trice David W sold $646,120 worth of EOG Resources, Inc. (NYSE:EOG) or 5,570 shares.

Ci Investments Inc decreased its stake in Eog Res Inc (EOG) by 2.57% based on its latest 2017Q4 regulatory filing with the SEC. Ci Investments Inc sold 62,313 shares as the company’s stock declined 0.73% with the market. The institutional investor held 2.36 million shares of the energy company at the end of 2017Q4, valued at $254.78 million, down from 2.42 million at the end of the previous reported quarter. Ci Investments Inc who had been investing in Eog Res Inc for a number of months, seems to be less bullish one the $71.64 billion market cap company. The stock decreased 2.90% or $3.69 during the last trading session, reaching $123.76. About 2.40M shares traded. EOG Resources, Inc. (NYSE:EOG) has risen 13.87% since May 23, 2017 and is uptrending. It has outperformed by 2.32% the S&P500.

Ci Investments Inc, which manages about $10.46B US Long portfolio, upped its stake in Himax Technologies Inc (NASDAQ:HIMX) by 496,300 shares to 1.16 million shares, valued at $12.11M in 2017Q4, according to the filing. It also increased its holding in Caterpillar Inc Del (NYSE:CAT) by 665,505 shares in the quarter, for a total of 665,671 shares, and has risen its stake in Keycorp New (NYSE:KEY).

Analysts await EOG Resources, Inc. (NYSE:EOG) to report earnings on August, 7. They expect $1.13 earnings per share, up 1,312.50 % or $1.05 from last year’s $0.08 per share. EOG’s profit will be $654.11 million for 27.38 P/E if the $1.13 EPS becomes a reality. After $1.19 actual earnings per share reported by EOG Resources, Inc. for the previous quarter, Wall Street now forecasts -5.04 % negative EPS growth.

More important recent EOG Resources, Inc. (NYSE:EOG) news were published by: Fool.com which released: “Oil CEOs: Higher Oil Prices Haven’t Increased Our Appetite for M&A” on May 20, 2018, also Seekingalpha.com published article titled: “EOG Resources: A Journey Through Success”, Investorplace.com published: “10 Small-Cap Oil & Gas Stocks to Watch” on May 17, 2018. More interesting news about EOG Resources, Inc. (NYSE:EOG) was released by: Forbes.com and their article: “What To Expect From EOG Resources’ First Quarter Results” with publication date: May 02, 2018.

EOG Resources, Inc. (NYSE:EOG) Ratings Coverage

Among 17 analysts covering EOG Resources (NYSE:EOG), 10 have Buy rating, 0 Sell and 7 Hold. Therefore 59% are positive. EOG Resources has $14900 highest and $101.0 lowest target. $122.07’s average target is -1.37% below currents $123.76 stock price. EOG Resources had 33 analyst reports since December 11, 2017 according to SRatingsIntel. The firm has “Hold” rating given on Friday, April 13 by RBC Capital Markets. The firm has “Buy” rating by Stifel Nicolaus given on Monday, January 29. As per Sunday, February 11, the company rating was maintained by Stifel Nicolaus. The stock has “Neutral” rating by Credit Suisse on Wednesday, February 28. The company was downgraded on Thursday, May 10 by Tudor Pickering. Piper Jaffray maintained it with “Buy” rating and $122.0 target in Wednesday, March 14 report. Jefferies maintained the stock with “Hold” rating in Thursday, March 8 report. The stock has “Buy” rating by Robert W. Baird on Friday, January 5. The firm earned “Hold” rating on Tuesday, January 23 by Credit Suisse. The firm has “Buy” rating by Citigroup given on Wednesday, January 3.

EOG Resources, Inc. (NYSE:EOG) Institutional Positions Chart

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