Eni S.p.A. (NYSE:E) Shares Bought by Jane Street Group LLC

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

A number of other hedge funds have also recently modified their holdings of E. Allworth Financial LP boosted its holdings in shares of ENI by 30.5% during the 4th quarter. Allworth Financial LP now owns 2,488 shares of the oil and gas exploration company's stock valued at $70,000 after purchasing an additional 581 shares during the last quarter. R Squared Ltd bought a new position in shares of ENI during the 4th quarter valued at approximately $103,000. Jones Financial Companies Lllp grew its holdings in shares of ENI by 93.4% in the fourth quarter. Jones Financial Companies Lllp now owns 4,449 shares of the oil and gas exploration company's stock valued at $122,000 after purchasing an additional 2,149 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its position in ENI by 7.1% in 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 last quarter. Finally, Park Avenue Securities LLC purchased a new stake in ENI during the fourth quarter valued at $216,000. Institutional investors own 1.18% of the company's stock.

Wall Street Analyst Weigh In

E has been the topic of a number of research reports. Citigroup restated a "neutral" rating on shares of ENI in a report on Friday, April 25th. Redburn Atlantic downgraded ENI from a "buy" rating to a "neutral" rating in a research report on Wednesday, April 23rd. Finally, StockNews.com lowered ENI from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. Eight analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $31.60.

ENI Stock Performance

E traded down $0.55 on Tuesday, reaching $29.59. 275,436 shares of the stock were exchanged, compared to its average volume of 320,612. Eni S.p.A. has a fifty-two week low of $24.65 and a fifty-two week high of $33.12. The firm has a market capitalization of $49.95 billion, a PE ratio of 17.72, a PEG ratio of 1.86 and a beta of 0.88. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.27 and a quick ratio of 1.07. The company's 50-day moving average price is $29.02 and its 200 day moving average price is $28.69.

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

ENI Increases Dividend

The firm also recently announced a -- dividend, which will be paid on Monday, June 9th. Stockholders of record on Tuesday, May 20th will be given a dividend of $0.5391 per share. The ex-dividend date of this dividend is Tuesday, May 20th. This is a boost from ENI's previous -- dividend of $0.35. This represents a dividend yield of 5.5%. ENI's dividend payout ratio (DPR) is 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.