Eni S.p.A. (NYSE:E) Shares Sold by Vident Advisory LLC

Vident Advisory LLC lessened its position in Eni S.p.A. (NYSE:E - Free Report) by 26.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 27,496 shares of the oil and gas exploration company's stock after selling 9,645 shares during the quarter. Vident Advisory LLC's holdings in ENI were worth $752,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in shares of ENI in the 4th quarter valued at about $14,233,000. Optiver Holding B.V. increased its holdings in shares of ENI by 1,885.2% in the 4th quarter. Optiver Holding B.V. now owns 273,042 shares of the oil and gas exploration company's stock valued at $7,470,000 after acquiring an additional 259,288 shares during the last quarter. Millennium Management LLC increased its holdings in shares of ENI by 215.8% in the 4th quarter. Millennium Management LLC now owns 327,201 shares of the oil and gas exploration company's stock valued at $8,952,000 after acquiring an additional 223,597 shares during the last quarter. Northern Trust Corp increased its holdings in shares of 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 acquiring an additional 218,391 shares during the last quarter. Finally, OLD Mission Capital LLC purchased a new position in shares of ENI in the 4th quarter valued at about $4,882,000. Hedge funds and other institutional investors own 1.18% of the company's stock.

ENI Stock Performance

Shares of NYSE E traded down $0.05 during trading hours on Friday, reaching $29.43. The stock had a trading volume of 79,241 shares, compared to its average volume of 306,618. The firm has a market cap of $49.68 billion, a price-to-earnings ratio of 17.62, a PEG ratio of 1.86 and a beta of 0.88. The company has a current ratio of 1.27, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. 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 50-day moving average of $28.79 and a 200-day moving average of $28.66.

ENI (NYSE:E - Get Free Report) last announced its earnings results on Thursday, April 24th. The oil and gas exploration company reported $0.92 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.91 by $0.01. The firm had revenue of $25.61 billion during the quarter, compared to analysts' expectations of $25.52 billion. ENI had a return on equity of 11.03% and a net margin of 2.76%. Equities research analysts predict that Eni S.p.A. will post 3.74 earnings per share for the current year.

ENI Increases Dividend

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

Wall Street Analysts Forecast Growth

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

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.