Eni S.p.A. (NYSE:E) Shares Sold by Bokf Na

Bokf Na reduced its position in shares of Eni S.p.A. (NYSE:E) by 7.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 90,000 shares of the oil and gas exploration company’s stock after selling 7,295 shares during the period. Bokf Na’s holdings in ENI were worth $2,866,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. EverSource Wealth Advisors LLC increased its stake in shares of ENI by 5.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 9,101 shares of the oil and gas exploration company’s stock valued at $310,000 after acquiring an additional 439 shares in the last quarter. Private Advisor Group LLC increased its holdings in shares of ENI by 3.5% during the fourth quarter. Private Advisor Group LLC now owns 13,852 shares of the oil and gas exploration company’s stock valued at $471,000 after acquiring an additional 466 shares in the last quarter. O Shaughnessy Asset Management LLC raised its stake in shares of ENI by 0.8% in the first quarter. O Shaughnessy Asset Management LLC now owns 58,884 shares of the oil and gas exploration company’s stock worth $1,868,000 after buying an additional 470 shares during the period. Sequoia Financial Advisors LLC increased its stake in ENI by 5.0% in the 1st quarter. Sequoia Financial Advisors LLC now owns 11,933 shares of the oil and gas exploration company’s stock worth $379,000 after acquiring an additional 573 shares during the last quarter. Finally, Gallacher Capital Management LLC boosted its holdings in ENI by 4.0% during the 1st quarter. Gallacher Capital Management LLC now owns 15,222 shares of the oil and gas exploration company’s stock valued at $483,000 after acquiring an additional 579 shares during the period. 1.18% of the stock is owned by institutional investors.

ENI Trading Down 0.3 %

E traded down $0.10 during trading on Monday, reaching $31.56. The company had a trading volume of 85,749 shares, compared to its average volume of 310,044. The company has a quick ratio of 1.07, a current ratio of 1.24 and a debt-to-equity ratio of 0.41. The business has a 50 day simple moving average of $30.69 and a 200-day simple moving average of $31.48. Eni S.p.A. has a 52 week low of $28.82 and a 52 week high of $34.30. The stock has a market cap of $53.27 billion, a P/E ratio of 13.65, a PEG ratio of 1.49 and a beta of 0.96.

ENI (NYSE:E) last posted its quarterly earnings data on Friday, July 26th. The oil and gas exploration company reported $0.98 EPS for the quarter, missing the consensus estimate of $1.12 by ($0.14). The firm had revenue of $24.82 billion during the quarter, compared to analyst estimates of $25.74 billion. ENI had a net margin of 4.21% and a return on equity of 11.81%. On average, equities analysts anticipate that Eni S.p.A. will post 4.15 EPS for the current fiscal year.

ENI Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 7th. Investors of record on Tuesday, September 24th will be issued a dividend of $0.372 per share. The ex-dividend date of this dividend is Tuesday, September 24th. This is a boost from ENI’s previous quarterly dividend of $0.35. This represents a $1.49 annualized dividend and a yield of 4.71%. ENI’s payout ratio is currently 60.34%.

Wall Street Analysts Forecast Growth

Several analysts have commented on E shares. Morgan Stanley started coverage on ENI in a report on Wednesday, July 3rd. They issued an “equal weight” rating on the stock. Royal Bank of Canada upgraded ENI from a “sector perform” rating to an “outperform” rating in a research note on Monday. Stifel Nicolaus cut shares of ENI from a “buy” rating to a “hold” rating in a report on Friday, July 19th. StockNews.com raised shares of ENI from a “hold” rating to a “buy” rating in a research note on Tuesday, April 30th. Finally, Redburn Atlantic raised shares of ENI from a “neutral” rating to a “buy” rating in a research note on Tuesday, June 25th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, ENI has a consensus rating of “Moderate Buy”.

ENI Profile

Eni S.p.A. operates as an integrated energy company worldwide. The company 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. It operates through Exploration & Production; Global Gas & LNG Portfolio (GGP); Enilive, Refining and Chemicals; Plenitude & Power; and Corporate and Other Activities segments.