Quadrant Capital Group LLC Purchases 705 Shares of Eni S.p.A. (NYSE:E)

Quadrant Capital Group LLC increased its position in shares of Eni S.p.A. (NYSE:E) by 4.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 16,142 shares of the oil and gas exploration company’s stock after acquiring an additional 705 shares during the period. Quadrant Capital Group LLC’s holdings in ENI were worth $549,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Assetmark Inc. bought a new position in ENI during the 3rd quarter worth approximately $27,000. JFS Wealth Advisors LLC increased its holdings in ENI by 102.5% in the fourth quarter. JFS Wealth Advisors LLC now owns 1,322 shares of the oil and gas exploration company’s stock worth $45,000 after purchasing an additional 669 shares in the last quarter. Allworth Financial LP boosted its holdings in shares of ENI by 61.6% during the 3rd quarter. Allworth Financial LP now owns 1,802 shares of the oil and gas exploration company’s stock worth $58,000 after buying an additional 687 shares in the last quarter. Planned Solutions Inc. bought a new stake in shares of ENI in the 4th quarter valued at $84,000. Finally, GAMMA Investing LLC acquired a new position in shares of ENI during the 4th quarter valued at $105,000. Institutional investors and hedge funds own 1.18% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on E. Berenberg Bank cut ENI from a “buy” rating to a “hold” rating in a research report on Wednesday, March 20th. StockNews.com upgraded shares of ENI from a “hold” rating to a “buy” rating in a report on Tuesday, April 30th.

ENI Trading Up 1.2 %

NYSE E opened at $32.59 on Friday. The stock has a market cap of $55.01 billion, a P/E ratio of 14.05, a P/E/G ratio of 1.10 and a beta of 1.01. The stock’s fifty day moving average price is $32.29 and its 200-day moving average price is $32.25. Eni S.p.A. has a 12 month low of $26.50 and a 12 month high of $34.30. The company has a current ratio of 1.24, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41.

ENI (NYSE:E) last posted its quarterly earnings data on Wednesday, April 24th. The oil and gas exploration company reported $1.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.22 by ($0.18). ENI had a return on equity of 12.57% and a net margin of 3.95%. The business had revenue of $25.16 billion during the quarter, compared to analysts’ expectations of $18.83 billion. As a group, equities analysts forecast that Eni S.p.A. will post 4.63 EPS for the current fiscal year.

ENI Announces Dividend

The firm 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 $0.349 dividend. The ex-dividend date is Monday, May 20th. This represents a $1.40 annualized dividend and a dividend yield of 4.28%. ENI’s payout ratio is 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.