Caprock Group LLC purchased a new stake in Eni S.p.A. (NYSE:E – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 6,291 shares of the oil and gas exploration company’s stock, valued at approximately $214,000.
Several other large investors have also added to or reduced their stakes in the stock. Citigroup Inc. boosted its holdings in ENI by 3.7% in the second quarter. Citigroup Inc. now owns 9,403 shares of the oil and gas exploration company’s stock valued at $271,000 after acquiring an additional 333 shares in the last quarter. Sei Investments Co. lifted its position in ENI by 0.7% during the third quarter. Sei Investments Co. now owns 52,571 shares of the oil and gas exploration company’s stock valued at $1,678,000 after buying an additional 368 shares during the period. Ameriprise Financial Inc. lifted its position in ENI by 0.4% during the third quarter. Ameriprise Financial Inc. now owns 103,905 shares of the oil and gas exploration company’s stock valued at $3,325,000 after buying an additional 461 shares during the period. Belpointe Asset Management LLC lifted its position in ENI by 28.4% during the first quarter. Belpointe Asset Management LLC now owns 2,442 shares of the oil and gas exploration company’s stock valued at $68,000 after buying an additional 540 shares during the period. Finally, Legacy Wealth Asset Management LLC lifted its position in ENI by 1.6% during the fourth quarter. Legacy Wealth Asset Management LLC now owns 35,020 shares of the oil and gas exploration company’s stock valued at $1,191,000 after buying an additional 542 shares during the period. Institutional investors own 1.18% of the company’s stock.
ENI Trading Up 2.1 %
Shares of NYSE E opened at $32.50 on Wednesday. The firm’s 50 day moving average price is $31.38 and its 200-day moving average price is $32.14. Eni S.p.A. has a 52-week low of $26.50 and a 52-week high of $34.30. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.13 and a current ratio of 1.30. The company has a market cap of $58.04 billion, a PE ratio of 10.76 and a beta of 1.01.ENI (NYSE:E – Get Free Report) last released its quarterly earnings data on Wednesday, February 21st. The oil and gas exploration company reported $1.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.22 by ($0.16). The business had revenue of $26.95 billion during the quarter, compared to the consensus estimate of $19.86 billion. ENI had a net margin of 5.00% and a return on equity of 14.91%. On average, equities research analysts expect that Eni S.p.A. will post 4.37 EPS for the current fiscal year.
ENI Increases Dividend
The firm also recently announced a — dividend, which will be paid on Monday, April 8th. Shareholders of record on Tuesday, March 19th will be given a $0.5186 dividend. This is a positive change from ENI’s previous — dividend of $0.49. The ex-dividend date of this dividend is Monday, March 18th. This represents a yield of 4.4%. ENI’s payout ratio is 48.01%.
Analyst Upgrades and Downgrades
Several equities analysts have commented on E shares. Berenberg Bank lowered ENI from a “buy” rating to a “hold” rating in a research report on Wednesday, March 20th. StockNews.com lowered ENI from a “buy” rating to a “hold” rating in a research report on Monday, February 19th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, ENI presently has an average rating of “Hold”.
ENI Company Profie
Eni S.p.A. operates as an integrated energy company worldwide. It engages in exploration, development, extracting, manufacturing, and marketing crude oil and natural gas, oil-based fuels, chemical products, and gas-fired power, as well as energy products from renewable sources. The company operates through Exploration & Production; Global Gas & LNG Portfolio (GGP); Refining & Marketing and Chemicals; Plenitude & Power; and Corporate and Other Activities segments.
Source: defenseworld.net