Natixis Advisors L.P. Has $76.78 Million Stake in Eni S.p.A. (NYSE:E)

Natixis Advisors L.P. increased its holdings in shares of Eni S.p.A. (NYSE:E - Free Report) by 20.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,257,556 shares of the oil and gas exploration company's stock after acquiring an additional 377,642 shares during the quarter. Natixis Advisors L.P. owned about 0.13% of ENI worth $76,779,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Legacy Wealth Asset Management LLC grew its position in shares of ENI by 1.6% in the fourth quarter. Legacy Wealth Asset Management LLC now owns 35,020 shares of the oil and gas exploration company's stock valued at $1,191,000 after purchasing an additional 542 shares during the last quarter. Inspire Advisors LLC lifted its holdings in shares of ENI by 4.4% during the third quarter. Inspire Advisors LLC now owns 13,142 shares of the oil and gas exploration company's stock worth $420,000 after buying an additional 554 shares in the last quarter. First Trust Direct Indexing L.P. boosted its position in shares of ENI by 2.6% in the third quarter. First Trust Direct Indexing L.P. now owns 26,549 shares of the oil and gas exploration company's stock valued at $847,000 after acquiring an additional 675 shares during the period. Allworth Financial LP grew its stake in shares of ENI by 61.6% in the third quarter. Allworth Financial LP now owns 1,802 shares of the oil and gas exploration company's stock valued at $58,000 after acquiring an additional 687 shares in the last quarter. Finally, Raymond James Trust N.A. increased its position in ENI by 8.6% during the fourth quarter. Raymond James Trust N.A. now owns 9,850 shares of the oil and gas exploration company's stock worth $335,000 after acquiring an additional 784 shares during the period. Institutional investors own 1.18% of the company's stock.

Wall Street Analyst Weigh In

E has been the subject of several analyst reports. StockNews.com raised ENI from a "hold" rating to a "buy" rating in a report on Tuesday. Berenberg Bank cut shares of ENI from a "buy" rating to a "hold" rating in a research report on Wednesday, March 20th.

ENI Price Performance

Shares of NYSE:E traded up $0.10 during trading on Friday, hitting $31.71. 95,672 shares of the company were exchanged, compared to its average volume of 254,679. The company has a quick ratio of 1.07, a current ratio of 1.24 and a debt-to-equity ratio of 0.41. Eni S.p.A. has a 1-year low of $26.50 and a 1-year high of $34.30. The company has a market capitalization of $53.53 billion, a P/E ratio of 13.67, a price-to-earnings-growth ratio of 1.08 and a beta of 1.01. The business's 50 day moving average is $32.06 and its 200-day moving average is $32.27.

ENI (NYSE:E - Get Free Report) last announced its quarterly earnings results on Wednesday, April 24th. The oil and gas exploration company reported $1.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.22 by ($0.18). The business had revenue of $25.16 billion during the quarter, compared to analyst estimates of $18.83 billion. ENI had a net margin of 3.95% and a return on equity of 12.57%. Equities analysts forecast that Eni S.p.A. will post 4.67 earnings per share for the current year.

ENI Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 7th. Stockholders of record on Tuesday, May 21st will be given a dividend of $0.349 per share. This represents a $1.40 annualized dividend and a dividend yield of 4.40%. The ex-dividend date is Monday, May 20th. ENI's dividend payout ratio (DPR) is presently 62.50%.

About ENI

Eni S.p.A. operates as an integrated energy company worldwide. The company engages in exploration, development, extracting, manufacturing, and marketing crude oil and natural gas, oil-based fuels, chemical products, and gas-fired power, as well as energy products from renewable sources. It operates through Exploration & Production; Global Gas & LNG Portfolio (GGP); Enilive, Refining and Chemicals; Plenitude & Power; and Corporate and Other Activities segments.

Want to see what other hedge funds are holding E? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Eni S.p.A. (NYSE:E - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.