Fisher Asset Management LLC raised its position in shares of Eni S.p.A. (NYSE:E) by 0.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 979,330 shares of the oil and gas exploration company’s stock after purchasing an additional 1,562 shares during the quarter. Fisher Asset Management LLC’s holdings in ENI were worth $24,199,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of E. Valeo Financial Advisors LLC raised its holdings in ENI by 502.8% in the 4th quarter. Valeo Financial Advisors LLC now owns 3,261 shares of the oil and gas exploration company’s stock worth $67,000 after purchasing an additional 2,720 shares during the period. Inspire Advisors LLC purchased a new stake in ENI during the 4th quarter worth approximately $76,000. Whittier Trust Co. purchased a new stake in ENI during the 1st quarter worth approximately $139,000. Private Capital Group LLC increased its stake in ENI by 40.9% during the 4th quarter. Private Capital Group LLC now owns 6,940 shares of the oil and gas exploration company’s stock worth $143,000 after buying an additional 2,013 shares in the last quarter. Finally, Advisor Partners LLC purchased a new stake in ENI during the 3rd quarter worth approximately $186,000.
A number of equities research analysts have recently issued reports on the company. DZ Bank upgraded ENI from a “sell” rating to a “hold” rating in a research report on Tuesday, February 23rd. Sanford C. Bernstein lowered ENI from a “market perform” rating to an “underperform” rating in a research report on Monday, January 4th. Berenberg Bank restated a “hold” rating on shares of ENI in a research note on Tuesday, February 23rd. UBS Group reiterated a “buy” rating on shares of ENI in a research note on Wednesday, February 24th. Finally, HSBC upgraded ENI from a “hold” rating to a “buy” rating in a research note on Monday, March 22nd. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $16.00.
E stock opened at $24.50 on Tuesday. The firm has a 50 day moving average of $24.51 and a 200-day moving average of $21.32. Eni S.p.A. has a 12-month low of $13.36 and a 12-month high of $25.23. The company has a current ratio of 1.29, a quick ratio of 1.12 and a debt-to-equity ratio of 0.63. The company has a market cap of $44.52 billion, a price-to-earnings ratio of -4.07 and a beta of 1.06.
ENI (NYSE:E) last posted its quarterly earnings results on Friday, February 19th. The oil and gas exploration company reported $0.05 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.03 by $0.02. ENI had a negative net margin of 19.46% and a negative return on equity of 0.62%. The company had revenue of $14.24 billion during the quarter. Sell-side analysts forecast that Eni S.p.A. will post -1.01 earnings per share for the current fiscal year.
The business also recently disclosed a semi-annual dividend, which will be paid on Thursday, June 10th. Investors of record on Tuesday, May 25th will be given a dividend of $0.5813 per share. This is an increase from ENI’s previous semi-annual dividend of $0.28. This represents a dividend yield of 2.4%. The ex-dividend date of this dividend is Monday, May 24th. ENI’s payout ratio is currently 20.11%.
Franklin Resources, Inc is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries.
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