EOG Resources, Inc. (EOG) Reaches $115.70 52-Week High; Halcyon Management Partners LP Has Boosted Its Alere (ALR) Holding

January 14, 2018 - By Darrin Black

The stock of EOG Resources, Inc. (NYSE:EOG) hit a new 52-week high and has $123.80 target or 7.00% above today’s $115.70 share price. The 5 months bullish chart indicates low risk for the $66.90 billion company. The 1-year high was reported on Jan, 14 by Barchart.com. If the $123.80 price target is reached, the company will be worth $4.68B more. The stock increased 0.49% or $0.56 during the last trading session, reaching $115.7. About 2.03 million shares traded. EOG Resources, Inc. (NYSE:EOG) has risen 17.15% since January 14, 2017 and is uptrending. It has outperformed by 0.45% the S&P500.

Halcyon Management Partners Lp increased Alere Inc (ALR) stake by 89.97% reported in 2017Q3 SEC filing. Halcyon Management Partners Lp acquired 157,385 shares as Alere Inc (ALR)’s stock rose 18.05%. The Halcyon Management Partners Lp holds 332,312 shares with $16.94M value, up from 174,927 last quarter. Alere Inc now has $ valuation. The stock decreased 100.00% or $50.99 during the last trading session, reaching $50.99. It is down 17.58% since January 14, 2017 and is uptrending. It has outperformed by 0.88% the S&P500.




Among 7 analysts covering Alere (NYSE:ALR), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 29% are positive. Alere had 21 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Alere Inc. (NYSE:ALR) has “Neutral” rating given on Thursday, November 5 by Wedbush. On Tuesday, September 19 the stock rating was maintained by Canaccord Genuity with “Hold”. Canaccord Genuity upgraded the shares of ALR in report on Friday, July 15 to “Buy” rating. The rating was downgraded by Canaccord Genuity on Tuesday, February 2 to “Hold”. The firm has “Buy” rating by BTIG Research given on Tuesday, August 4. The stock of Alere Inc. (NYSE:ALR) has “Neutral” rating given on Tuesday, March 15 by BTIG Research. Canaccord Genuity maintained Alere Inc. (NYSE:ALR) on Tuesday, May 23 with “Buy” rating. The firm has “Buy” rating given on Monday, November 7 by Canaccord Genuity. Canaccord Genuity maintained the shares of ALR in report on Thursday, November 5 with “Buy” rating. On Thursday, September 29 the stock rating was maintained by Canaccord Genuity with “Buy”.

Investors sentiment increased to 1.07 in 2017 Q3. Its up 0.06, from 1.01 in 2017Q2. It increased, as 46 investors sold ALR shares while 35 reduced holdings. 26 funds opened positions while 61 raised stakes. 73.86 million shares or 1.56% more from 72.72 million shares in 2017Q2 were reported. 5,415 are owned by Prudential. Havens Advisors Ltd Liability Corporation, a New York-based fund reported 260,000 shares. Susquehanna Int Group Incorporated Limited Liability Partnership has invested 0.01% in Alere Inc. (NYSE:ALR). Parametric Port Associates Ltd Liability Co holds 0% or 76,598 shares. Voloridge Invest Mngmt Ltd Liability Corporation has 0.29% invested in Alere Inc. (NYSE:ALR) for 251,033 shares. York Management Global Advsr Ltd Llc reported 1.93 million shares or 2.14% of all its holdings. Tiaa Cref Inv Mgmt Ltd Liability holds 0.01% of its portfolio in Alere Inc. (NYSE:ALR) for 327,855 shares. State Street Corporation owns 1.13M shares. Keybank National Association Oh reported 0% stake. Longfellow Invest Mngmt Limited Liability Com holds 4.73% in Alere Inc. (NYSE:ALR) or 346,000 shares. Private Capital Mngmt Ltd Com stated it has 5.35% of its portfolio in Alere Inc. (NYSE:ALR). Commercial Bank Of Nova Scotia invested in 0.01% or 47,434 shares. Price T Rowe Assoc Md reported 37,521 shares. Walleye Trading Ltd Liability Co holds 0.06% in Alere Inc. (NYSE:ALR) or 253,615 shares. Redwood Capital Mgmt Limited Liability Corporation holds 0.16% of its portfolio in Alere Inc. (NYSE:ALR) for 30,000 shares.

EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets natural gas and crude oil. The company has market cap of $66.90 billion. The companyÂ’s principal producing areas are located in New Mexico, North Dakota, Texas, Utah, and Wyoming in the United States; and Canada, the Republic of Trinidad and Tobago, the United Kingdom, and the People's Republic of China. It has a 9641.67 P/E ratio. As of December 31, 2016, it had total estimated net proved reserves of 2,147 million barrels of oil equivalent, including 1,178 million barrels crude oil and condensate reserves; 416 MMBbl of natural gas liquid reserves; and 3,318 billion cubic feet of natural gas reserves.

Analysts await EOG Resources, Inc. (NYSE:EOG) to report earnings on February, 26. They expect $0.43 earnings per share, up 4,400.00% or $0.44 from last year’s $-0.01 per share. EOG’s profit will be $248.63 million for 67.27 P/E if the $0.43 EPS becomes a reality. After $0.19 actual earnings per share reported by EOG Resources, Inc. for the previous quarter, Wall Street now forecasts 126.32% EPS growth.

Since August 14, 2017, it had 0 buys, and 5 sales for $8.22 million activity. $2.42 million worth of EOG Resources, Inc. (NYSE:EOG) was sold by THOMAS GARY L. Shares for $330,982 were sold by CRISP CHARLES R on Thursday, September 28. Helms Lloyd W Jr had sold 4,000 shares worth $352,888 on Monday, August 14. Shares for $601,283 were sold by Donaldson Michael P on Thursday, September 28.

Among 39 analysts covering EOG Resources (NYSE:EOG), 29 have Buy rating, 0 Sell and 10 Hold. Therefore 74% are positive. EOG Resources had 112 analyst reports since July 22, 2015 according to SRatingsIntel. The company was maintained on Monday, May 16 by Bernstein. The firm earned “Outperform” rating on Thursday, May 11 by Wells Fargo. The stock of EOG Resources, Inc. (NYSE:EOG) has “Buy” rating given on Thursday, October 12 by Robert W. Baird. UBS upgraded EOG Resources, Inc. (NYSE:EOG) rating on Thursday, March 30. UBS has “Buy” rating and $109 target. The stock of EOG Resources, Inc. (NYSE:EOG) earned “Overweight” rating by Barclays Capital on Monday, November 20. RBC Capital Markets maintained the stock with “Sector Perform” rating in Tuesday, November 8 report. The company was maintained on Friday, October 7 by Wunderlich. The rating was upgraded by Bank of America to “Buy” on Wednesday, January 4. The firm has “Market Perform” rating given on Wednesday, March 30 by Cowen & Co. The stock of EOG Resources, Inc. (NYSE:EOG) earned “Buy” rating by Citigroup on Wednesday, January 3.

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