3,279 Shares in Eni S.p.A. (NYSE:E) Acquired by GAMMA Investing LLC

GAMMA Investing LLC acquired a new position in shares of Eni S.p.A. (NYSE:E) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 3,279 shares of the oil and gas exploration company’s stock, valued at approximately $105,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Signaturefd LLC lifted its holdings in ENI by 5.7% during the 4th quarter. Signaturefd LLC now owns 24,492 shares of the oil and gas exploration company’s stock worth $833,000 after buying an additional 1,319 shares in the last quarter. Calamos Wealth Management LLC acquired a new stake in shares of ENI in the 4th quarter valued at $888,000. Flynn Zito Capital Management LLC acquired a new stake in shares of ENI in the 4th quarter valued at $211,000. Simplicity Solutions LLC raised its holdings in shares of ENI by 17.9% in the 4th quarter. Simplicity Solutions LLC now owns 12,114 shares of the oil and gas exploration company’s stock valued at $412,000 after purchasing an additional 1,840 shares in the last quarter. Finally, Sapient Capital LLC acquired a new stake in shares of ENI in the 4th quarter valued at $221,000. Hedge funds and other institutional investors own 1.18% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. StockNews.com lowered shares of ENI from a “buy” rating to a “hold” rating in a report on Monday, April 22nd. Berenberg Bank downgraded shares of ENI from a “buy” rating to a “hold” rating in a research report on Wednesday, March 20th.

ENI Trading Up 0.0 %

Shares of ENI stock opened at $32.80 on Monday. Eni S.p.A. has a 1 year low of $26.50 and a 1 year high of $34.30. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.12 and a current ratio of 1.24. The company has a market capitalization of $55.37 billion, a P/E ratio of 14.14, a PEG ratio of 1.12 and a beta of 1.01. The company’s fifty day moving average is $31.95 and its two-hundred day moving average is $32.28.

ENI (NYSE:E) last issued its quarterly earnings data on Wednesday, April 24th. The oil and gas exploration company reported $1.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.22 by ($0.18). The business had revenue of $25.16 billion for the quarter, compared to analysts’ expectations of $18.83 billion. ENI had a return on equity of 12.57% and a net margin of 3.95%. Analysts forecast that Eni S.p.A. will post 4.67 earnings per share for the current year.

ENI Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 7th. Stockholders of record on Tuesday, May 21st will be issued a $0.349 dividend. This represents a $1.40 annualized dividend and a dividend yield of 4.26%. The ex-dividend date is Monday, May 20th. ENI’s payout ratio is 62.50%.

ENI Company Profile

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.