Eni S.p.A. (NYSE:E) Position Boosted by Jane Street Group LLC

Jane Street Group LLC lifted its stake in shares of Eni S.p.A. (NYSE:E) by 336.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 78,820 shares of the oil and gas exploration company’s stock after purchasing an additional 60,773 shares during the period. Jane Street Group LLC’s holdings in ENI were worth $2,157,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Northern Trust Corp lifted its position in shares of ENI by 42.3% during the fourth quarter. Northern Trust Corp now owns 734,368 shares of the oil and gas exploration company’s stock worth $20,092,000 after purchasing an additional 218,391 shares during the last quarter. Brandes Investment Partners LP lifted its holdings in ENI by 13.1% in the fourth quarter. Brandes Investment Partners LP now owns 606,769 shares of the oil and gas exploration company’s stock worth $16,601,000 after acquiring an additional 70,507 shares during the last quarter. Raymond James Financial Inc. bought a new position in ENI in the fourth quarter worth about $14,233,000. American Century Companies Inc. lifted its holdings in ENI by 10.0% in the fourth quarter. American Century Companies Inc. now owns 388,578 shares of the oil and gas exploration company’s stock worth $10,631,000 after acquiring an additional 35,363 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its holdings in ENI by 35.6% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 280,242 shares of the oil and gas exploration company’s stock worth $7,667,000 after acquiring an additional 73,511 shares during the last quarter. Institutional investors own 1.18% of the company’s stock.

ENI Stock Performance

E opened at $30.17 on Friday. The business’s 50 day moving average is $29.01 and its 200-day moving average is $28.71. The stock has a market cap of $50.92 billion, a PE ratio of 18.06, a price-to-earnings-growth ratio of 1.86 and a beta of 0.88. The company has a current ratio of 1.27, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. Eni S.p.A. has a twelve month low of $24.65 and a twelve month high of $33.12.

ENI (NYSE:E) last posted its quarterly earnings data on Thursday, April 24th. The oil and gas exploration company reported $0.92 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.01. ENI had a net margin of 2.76% and a return on equity of 11.03%. The business had revenue of $25.61 billion for the quarter, compared to analyst estimates of $25.52 billion. On average, analysts predict that Eni S.p.A. will post 3.74 earnings per share for the current year.

ENI Increases Dividend

The business also recently disclosed a — dividend, which will be paid on Monday, June 9th. Investors of record on Tuesday, May 20th will be paid a dividend of $0.5391 per share. This represents a dividend yield of 5.5%. The ex-dividend date is Tuesday, May 20th. This is a positive change from ENI’s previous — dividend of $0.35. ENI’s dividend payout ratio (DPR) is currently 89.82%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. StockNews.com cut shares of ENI from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Citigroup reaffirmed a “neutral” rating on shares of ENI in a report on Friday, April 25th. Finally, Redburn Atlantic cut ENI from a “buy” rating to a “neutral” rating in a report on Wednesday, April 23rd. Eight analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $31.60.

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.