Eni SpA (NYSE:E) – Equities researchers at Jefferies Group issued their Q3 2016 earnings estimates for Eni SpA in a note issued to investors on Tuesday. Jefferies Group analyst M. Kofler anticipates that the brokerage will post earnings of ($0.09) per share for the quarter.

E has been the topic of several other reports. Zacks Investment Research upgraded shares of Eni SpA from a “hold” rating to a “buy” rating and set a $33.00 price target on the stock in a report on Tuesday, June 28th. Citigroup Inc. restated a “buy” rating on shares of Eni SpA in a report on Friday, October 7th. Deutsche Bank AG upgraded shares of Eni SpA from a “hold” rating to a “buy” rating in a report on Wednesday, October 5th. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of Eni SpA in a report on Thursday, July 21st. One analyst has rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $25.99.

Shares of Eni SpA (NYSE:E) traded down 0.65% on Thursday, reaching $29.03. 194,048 shares of the company were exchanged. The company’s 50 day moving average is $29.49 and its 200 day moving average is $30.53. The firm’s market capitalization is $53.95 billion. Eni SpA has a 12-month low of $24.73 and a 12-month high of $36.02.

The business also recently declared a dividend, which was paid on Friday, October 7th. Shareholders of record on Tuesday, September 20th were paid a $0.648 dividend. The ex-dividend date of this dividend was Friday, September 16th. This is a boost from Eni SpA’s previous dividend of $0.64. Eni SpA’s payout ratio is currently -19.75%.

A number of institutional investors have recently added to or reduced their stakes in E. US Bancorp DE boosted its position in Eni SpA by 1.0% in the second quarter. US Bancorp DE now owns 7,196 shares of the oil and gas exploration company’s stock worth $232,000 after buying an additional 73 shares in the last quarter. Checchi Capital Advisers LLC boosted its position in Eni SpA by 1.2% in the second quarter. Checchi Capital Advisers LLC now owns 8,406 shares of the oil and gas exploration company’s stock worth $272,000 after buying an additional 100 shares in the last quarter. Comerica Bank boosted its position in Eni SpA by 0.4% in the second quarter. Comerica Bank now owns 100,156 shares of the oil and gas exploration company’s stock worth $3,003,000 after buying an additional 394 shares in the last quarter. JFS Wealth Advisors LLC boosted its position in Eni SpA by 10.3% in the second quarter. JFS Wealth Advisors LLC now owns 4,598 shares of the oil and gas exploration company’s stock worth $149,000 after buying an additional 428 shares in the last quarter. Finally, M&T Bank Corp boosted its position in Eni SpA by 2.7% in the second quarter. M&T Bank Corp now owns 21,656 shares of the oil and gas exploration company’s stock worth $701,000 after buying an additional 567 shares in the last quarter. 1.74% of the stock is owned by institutional investors and hedge funds.

Eni SpA Company Profile

Eni SpA (Eni) is engaged in oil and gas exploration, development and production, marketing of gas, electricity and liquefied natural gas (LNG), power generation, refining and marketing of petroleum products, production and marketing of petrochemical products and commodity trading. The Company’s segments include Exploration & Production, Gas & Power, and Refining & Marketing.

5 Day Chart for NYSE:E

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