Sei Investments Co. raised its holdings in shares of ENI S.p.A. (NYSE:E) by 26.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,368 shares of the oil and gas exploration company’s stock after purchasing an additional 1,119 shares during the period. Sei Investments Co.’s holdings in ENI S.p.A. were worth $161,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Bessemer Group Inc. increased its position in shares of ENI S.p.A. by 0.8% during the second quarter. Bessemer Group Inc. now owns 3,922,724 shares of the oil and gas exploration company’s stock worth $117,916,000 after purchasing an additional 33,023 shares in the last quarter. Brandes Investment Partners LP increased its position in shares of ENI S.p.A. by 5.5% during the first quarter. Brandes Investment Partners LP now owns 3,858,112 shares of the oil and gas exploration company’s stock worth $126,276,000 after purchasing an additional 201,944 shares in the last quarter. Macquarie Group Ltd. increased its position in shares of ENI S.p.A. by 2.7% during the first quarter. Macquarie Group Ltd. now owns 2,466,036 shares of the oil and gas exploration company’s stock worth $80,713,000 after purchasing an additional 64,171 shares in the last quarter. Bank of America Corp DE increased its position in shares of ENI S.p.A. by 2.8% during the first quarter. Bank of America Corp DE now owns 442,379 shares of the oil and gas exploration company’s stock worth $14,479,000 after purchasing an additional 11,891 shares in the last quarter. Finally, Parametric Portfolio Associates LLC increased its position in shares of ENI S.p.A. by 19.5% during the first quarter. Parametric Portfolio Associates LLC now owns 434,597 shares of the oil and gas exploration company’s stock worth $14,224,000 after purchasing an additional 70,870 shares in the last quarter. 1.66% of the stock is currently owned by institutional investors and hedge funds.

Shares of ENI S.p.A. (NYSE E) opened at 32.47 on Tuesday. ENI S.p.A. has a one year low of $26.15 and a one year high of $34.62. The stock’s 50 day moving average is $31.52 and its 200-day moving average is $31.53. The stock has a market capitalization of $59.11 billion, a price-to-earnings ratio of 66.00 and a beta of 0.75.

ENI S.p.A. (NYSE:E) last announced its quarterly earnings results on Friday, July 28th. The oil and gas exploration company reported $0.27 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.09 by $0.18. ENI S.p.A. had a net margin of 1.14% and a return on equity of 2.23%. The firm had revenue of $17.20 billion for the quarter. On average, equities research analysts predict that ENI S.p.A. will post $2.29 EPS for the current fiscal year.

The business also recently declared a None dividend, which will be paid on Friday, October 6th. Investors of record on Tuesday, September 19th will be paid a dividend of $0.676 per share. The ex-dividend date is Monday, September 18th. This represents a yield of 5.86%. ENI S.p.A.’s dividend payout ratio is currently 309.76%.

A number of equities analysts have recently issued reports on E shares. BidaskClub downgraded ENI S.p.A. from a “sell” rating to a “strong sell” rating in a research report on Thursday, June 22nd. Exane BNP Paribas downgraded ENI S.p.A. from a “neutral” rating to an “underperform” rating in a research report on Friday, May 26th. Citigroup Inc. reaffirmed a “buy” rating on shares of ENI S.p.A. in a research report on Wednesday, August 30th. BNP Paribas downgraded ENI S.p.A. from a “neutral” rating to an “underperform” rating in a research report on Sunday, May 28th. Finally, Societe Generale raised ENI S.p.A. from a “hold” rating to a “buy” rating in a research report on Tuesday, June 6th. Six research analysts have rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $26.00.

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ENI S.p.A. Profile

Eni SpA (Eni) is an Italy-based company engaged in the exploration, development and production of hydrocarbons, in the supply and marketing of gas, liquefied natural gas (LNG) and power, in the refining and marketing of petroleum products, in the production and marketing of basic petrochemicals, plastics and elastomers and in commodity trading.

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Institutional Ownership by Quarter for ENI S.p.A. (NYSE:E)

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