Dimensional Fund Advisors LP Has $2.41 Million Stock Holdings in Eni S.p.A. (NYSE:E)

Dimensional Fund Advisors LP boosted its stake in shares of Eni S.p.A. (NYSE:E - Free Report) by 15.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 88,054 shares of the oil and gas exploration company's stock after purchasing an additional 11,824 shares during the period. Dimensional Fund Advisors LP's holdings in ENI were worth $2,409,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Allworth Financial LP increased its stake in shares of ENI by 30.5% during the fourth quarter. Allworth Financial LP now owns 2,488 shares of the oil and gas exploration company's stock worth $70,000 after purchasing an additional 581 shares during the period. R Squared Ltd bought a new position in shares of ENI during the fourth quarter worth approximately $103,000. Jones Financial Companies Lllp increased its stake in shares of ENI by 93.4% during the fourth quarter. Jones Financial Companies Lllp now owns 4,449 shares of the oil and gas exploration company's stock worth $122,000 after purchasing an additional 2,149 shares during the period. Envestnet Portfolio Solutions Inc. increased its stake in shares of ENI by 7.1% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 7,341 shares of the oil and gas exploration company's stock worth $201,000 after purchasing an additional 484 shares during the period. Finally, Park Avenue Securities LLC bought a new position in shares of ENI during the fourth quarter worth approximately $216,000. 1.18% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have commented on E. StockNews.com lowered ENI from a "buy" rating to a "hold" rating in a research note on Tuesday, February 25th. Citigroup restated a "neutral" rating on shares of ENI in a research note on Friday, April 25th. Finally, Redburn Atlantic lowered ENI from a "buy" rating to a "neutral" rating in a research note on Wednesday, April 23rd. Eight research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $31.60.

ENI Price Performance

Shares of E traded down $0.16 during midday trading on Tuesday, hitting $29.43. The company's stock had a trading volume of 105,172 shares, compared to its average volume of 320,004. Eni S.p.A. has a one year low of $24.65 and a one year high of $33.12. The company's fifty day simple moving average is $29.02 and its two-hundred day simple moving average is $28.69. The company has a quick ratio of 1.07, a current ratio of 1.27 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $49.68 billion, a price-to-earnings ratio of 17.63, a price-to-earnings-growth ratio of 1.86 and a beta of 0.88.

ENI (NYSE:E - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The oil and gas exploration company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.01. ENI had a return on equity of 11.03% and a net margin of 2.76%. The company had revenue of $25.61 billion for the quarter, compared to the consensus estimate of $25.52 billion. As a group, equities analysts expect that Eni S.p.A. will post 3.74 earnings per share for the current fiscal year.

ENI Increases Dividend

The business also recently announced a -- dividend, which will be paid on Monday, June 9th. Shareholders of record on Tuesday, May 20th will be issued a dividend of $0.5391 per share. The ex-dividend date of this dividend is Tuesday, May 20th. This is an increase from ENI's previous -- dividend of $0.35. This represents a yield of 5.5%. ENI's payout ratio is presently 89.82%.

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.