Eni S.p.A. (NYSE:E) Shares Bought by Millennium Management LLC

Millennium Management LLC lifted its holdings in Eni S.p.A. (NYSE:E - Free Report) by 215.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 327,201 shares of the oil and gas exploration company's stock after buying an additional 223,597 shares during the quarter. Millennium Management LLC's holdings in ENI were worth $8,952,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of E. Raymond James Financial Inc. purchased a new stake in shares of ENI in the fourth quarter valued at about $14,233,000. Optiver Holding B.V. raised its position in shares of ENI by 1,885.2% during the 4th quarter. Optiver Holding B.V. now owns 273,042 shares of the oil and gas exploration company's stock worth $7,470,000 after purchasing an additional 259,288 shares during the last quarter. Northern Trust Corp lifted its stake in ENI by 42.3% in the 4th quarter. Northern Trust Corp now owns 734,368 shares of the oil and gas exploration company's stock valued at $20,092,000 after buying an additional 218,391 shares in the last quarter. OLD Mission Capital LLC acquired a new stake in ENI during the 4th quarter valued at $4,882,000. Finally, Cubist Systematic Strategies LLC purchased a new position in ENI during the fourth quarter worth $2,999,000. Hedge funds and other institutional investors own 1.18% of the company's stock.

ENI Trading Up 0.0%

Shares of E stock traded up $0.01 during mid-day trading on Friday, reaching $29.49. The company's stock had a trading volume of 57,218 shares, compared to its average volume of 306,540. The company's 50 day simple moving average is $28.79 and its 200-day simple moving average is $28.66. The company has a quick ratio of 1.07, a current ratio of 1.27 and a debt-to-equity ratio of 0.41. Eni S.p.A. has a 12-month low of $24.65 and a 12-month high of $33.12. The firm has a market capitalization of $49.77 billion, a PE ratio of 17.64, a price-to-earnings-growth ratio of 1.86 and a beta of 0.88.

ENI (NYSE:E - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The oil and gas exploration company reported $0.92 EPS for the quarter, topping analysts' consensus estimates 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 analysts' expectations of $25.52 billion. On average, research analysts predict that Eni S.p.A. will post 3.74 EPS for the current fiscal year.

ENI Increases Dividend

The firm also recently disclosed a -- dividend, which will be paid on Monday, June 9th. Shareholders of record on Tuesday, May 20th will be paid a dividend of $0.5391 per share. This represents a yield of 5.5%. The ex-dividend date is Tuesday, May 20th. This is a positive change from ENI's previous -- dividend of $0.35. ENI's dividend payout ratio (DPR) is 89.82%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on E. Citigroup reiterated a "neutral" rating on shares of ENI in a report on Friday, April 25th. Wall Street Zen downgraded ENI from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. Kepler Capital Markets lowered ENI from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, May 20th. Finally, Redburn Atlantic downgraded ENI from a "buy" rating to a "neutral" rating in a research report on Wednesday, April 23rd. Nine analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $31.60.

About ENI

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.