Signaturefd LLC Buys 532 Shares of Eni S.p.A. (NYSE:E)

Signaturefd LLC increased its stake in Eni S.p.A. (NYSE:E) by 2.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 26,189 shares of the oil and gas exploration company’s stock after acquiring an additional 532 shares during the period. Signaturefd LLC’s holdings in ENI were worth $717,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Oppenheimer Asset Management Inc. grew its holdings in ENI by 5.9% in the third quarter. Oppenheimer Asset Management Inc. now owns 10,853 shares of the oil and gas exploration company’s stock worth $329,000 after purchasing an additional 608 shares during the period. Caprock Group LLC grew its holdings in ENI by 3.9% in the third quarter. Caprock Group LLC now owns 9,025 shares of the oil and gas exploration company’s stock worth $279,000 after purchasing an additional 336 shares during the period. Advisors Asset Management Inc. grew its holdings in ENI by 2.7% in the third quarter. Advisors Asset Management Inc. now owns 69,662 shares of the oil and gas exploration company’s stock worth $2,111,000 after purchasing an additional 1,825 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in ENI by 5.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 206,731 shares of the oil and gas exploration company’s stock worth $6,266,000 after purchasing an additional 10,535 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in ENI by 100.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 71,207 shares of the oil and gas exploration company’s stock worth $2,158,000 after purchasing an additional 35,730 shares during the period. 1.18% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on E shares. StockNews.com cut shares of ENI from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Morgan Stanley reiterated an “equal weight” rating and set a $31.60 price target (down previously from $37.50) on shares of ENI in a report on Tuesday, January 7th. Finally, UBS Group cut shares of ENI from a “buy” rating to a “neutral” rating in a report on Wednesday, January 8th. Seven equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $31.60.

ENI Trading Up 0.8 %

NYSE:E opened at $31.28 on Thursday. The company’s 50 day moving average price is $28.97 and its 200-day moving average price is $29.38. Eni S.p.A. has a 52 week low of $26.12 and a 52 week high of $33.78. The company has a quick ratio of 1.07, a current ratio of 1.27 and a debt-to-equity ratio of 0.41. The stock has a market cap of $52.80 billion, a price-to-earnings ratio of 18.73, a PEG ratio of 1.86 and a beta of 0.90.

ENI Cuts Dividend

The business also recently disclosed a — dividend, which will be paid on Monday, April 7th. Investors of record on Tuesday, March 25th will be given a dividend of $0.3549 per share. The ex-dividend date of this dividend is Tuesday, March 25th. This represents a yield of 5.1%. ENI’s dividend payout ratio (DPR) is 83.04%.

About ENI

Eni SpA engages in the exploration, production, refining, and sale of oil, gas, electricity, and chemicals. It operates through the following segments: Exploration and Production, Global Gas and LNG Portfolio, Refining & Marketing and Chemicals, Power & Renewables, and Corporate and Other Activities.