Nicolet Bankshares Inc. Has $452,000 Stock Position in EOG Resources Inc (NYSE:EOG)

Nicolet Bankshares Inc. raised its holdings in EOG Resources Inc (NYSE:EOG) by 3.8% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 4,847 shares of the energy exploration company’s stock after acquiring an additional 176 shares during the quarter. Nicolet Bankshares Inc.’s holdings in EOG Resources were worth $452,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Alpha Windward LLC increased its position in shares of EOG Resources by 15.6% during the second quarter. Alpha Windward LLC now owns 1,568 shares of the energy exploration company’s stock worth $132,000 after buying an additional 212 shares during the period. Oakwood Capital Management LLC CA acquired a new stake in shares of EOG Resources during the second quarter worth $2,214,000. Grimes & Company Inc. acquired a new stake in shares of EOG Resources during the second quarter worth $8,053,000. Boston Family Office LLC increased its position in shares of EOG Resources by 4.4% during the second quarter. Boston Family Office LLC now owns 44,996 shares of the energy exploration company’s stock worth $4,192,000 after buying an additional 1,887 shares during the period. Finally, Fisher Asset Management LLC increased its position in shares of EOG Resources by 26.9% during the second quarter. Fisher Asset Management LLC now owns 266,249 shares of the energy exploration company’s stock worth $24,804,000 after buying an additional 56,452 shares during the period. Hedge funds and other institutional investors own 86.73% of the company’s stock.

Several research firms have recently weighed in on EOG. Zacks Investment Research upgraded shares of EOG Resources from a “hold” rating to a “buy” rating and set a $103.00 price objective for the company in a research report on Thursday, May 9th. JPMorgan Chase & Co. cut their target price on shares of EOG Resources from $115.00 to $109.00 and set an “overweight” rating on the stock in a research note on Friday, June 28th. Morgan Stanley cut their target price on shares of EOG Resources from $101.00 to $97.00 and set an “equal weight” rating on the stock in a research note on Friday, July 12th. MKM Partners raised shares of EOG Resources from a “neutral” rating to a “buy” rating and set a $109.00 target price on the stock in a research note on Tuesday, May 28th. Finally, KeyCorp increased their target price on shares of EOG Resources from $105.00 to $110.00 and gave the stock an “overweight” rating in a research note on Monday, April 22nd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-one have given a buy rating to the company. EOG Resources presently has a consensus rating of “Buy” and an average target price of $116.71.

Shares of EOG Resources stock traded down $0.99 during trading hours on Friday, reaching $79.37. The company’s stock had a trading volume of 2,093,874 shares, compared to its average volume of 3,970,359. EOG Resources Inc has a one year low of $74.84 and a one year high of $133.53. The stock has a market cap of $46.66 billion, a P/E ratio of 14.33, a P/E/G ratio of 1.76 and a beta of 1.31. The business has a fifty day simple moving average of $87.28. The company has a quick ratio of 0.83, a current ratio of 1.02 and a debt-to-equity ratio of 0.20.

EOG Resources (NYSE:EOG) last released its quarterly earnings data on Thursday, August 1st. The energy exploration company reported $1.31 earnings per share for the quarter, missing analysts’ consensus estimates of $1.33 by ($0.02). EOG Resources had a net margin of 19.69% and a return on equity of 16.25%. The business had revenue of $4.70 billion during the quarter, compared to the consensus estimate of $4.41 billion. During the same period last year, the business posted $1.37 earnings per share. The firm’s quarterly revenue was up 10.8% on a year-over-year basis. As a group, equities analysts forecast that EOG Resources Inc will post 5.24 earnings per share for the current year.

EOG Resources Profile

EOG Resources, Inc, together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. The company's principal producing areas are located in New Mexico, North Dakota, Texas, Utah, and Wyoming in the United States; and the Republic of Trinidad and Tobago, the People's Republic of China, and Canada.

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

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