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Hedge funds boost stakes in EOG Resources as it beats earnings estimates, raises dividend.
Hedge funds like Curi RMB Capital and Capital International Inc. have increased their stakes in EOG Resources, with the latter boosting holdings by 31.6%.
EOG reported earnings of $2.74 per share, beating estimates by $0.19.
The company's stock is rated "Moderate Buy" with a target price of $144.19, and it has a market cap of $60.96 billion.
EOG also announced a quarterly dividend of $0.975 per share.
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Los fondos de cobertura aumentan sus participaciones en EOG Resources, ya que supera las estimaciones de ganancias y aumenta los dividendos.