OLD Mission Capital LLC Takes $4.88 Million Position in Eni S.p.A. (NYSE:E)

OLD Mission Capital LLC bought a new stake in Eni S.p.A. (NYSE:E) in the fourth quarter, HoldingsChannel.com reports. The firm bought 178,441 shares of the oil and gas exploration company’s stock, valued at approximately $4,882,000.

Several other large investors also recently bought and sold shares of E. Raymond James Financial Inc. acquired a new position in shares of ENI in the 4th quarter valued at $14,233,000. FMR LLC boosted its stake in ENI by 33.5% in the third quarter. FMR LLC now owns 583,677 shares of the oil and gas exploration company’s stock valued at $17,691,000 after acquiring an additional 146,431 shares in the last quarter. Brandes Investment Partners LP grew its holdings in shares of ENI by 13.1% during 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 purchasing an additional 70,507 shares during the last quarter. Callan Family Office LLC acquired a new stake in shares of ENI during the fourth quarter worth about $1,189,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of ENI by 100.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 71,207 shares of the oil and gas exploration company’s stock valued at $2,158,000 after purchasing an additional 35,730 shares during the last quarter. Hedge funds and other institutional investors own 1.18% of the company’s stock.

Analyst Ratings Changes

E has been the topic of several research analyst reports. StockNews.com lowered ENI from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th. UBS Group downgraded shares of ENI from a “buy” rating to a “neutral” rating in a research report on Wednesday, January 8th. Finally, 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 research note on Tuesday, January 7th. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $31.60.

ENI Price Performance

Shares of NYSE E opened at $31.25 on Wednesday. The company has a current ratio of 1.27, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The stock has a market cap of $52.75 billion, a price-to-earnings ratio of 18.71, a PEG ratio of 1.86 and a beta of 0.90. The company’s 50-day moving average price is $29.42 and its 200 day moving average price is $29.36. Eni S.p.A. has a 52 week low of $26.12 and a 52 week high of $33.78.

ENI Cuts Dividend

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

ENI Company Profile

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.