Eni SpA (E) Short Interest Update
Eni SpA (NYSE:E) saw a significant drop in short interest during the month of September. As of September 15th, there was short interest totalling 501,177 shares, a drop of 54.8% from the August 31st total of 1,108,311 shares. Based on an average daily volume of 262,806 shares, the days-to-cover ratio is currently 1.9 days.
Several institutional investors have recently added to or reduced their stakes in E. JFS Wealth Advisors LLC increased 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. US Bancorp DE increased its stake in shares of 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 valued at $232,000 after buying an additional 73 shares during the period. Connable Office Inc. purchased a new stake in shares of Eni SpA during the second quarter valued at $238,000. Brinker Capital Inc. purchased a new stake in shares of Eni SpA during the second quarter valued at $245,000. Finally, Advisor Group Inc. purchased a new stake in shares of Eni SpA during the second quarter valued at $248,000. Hedge funds and other institutional investors own 1.74% of the company’s stock.
E has been the topic of several recent analyst reports. Zacks Investment Research cut Eni SpA from a “hold” rating to a “sell” rating in a research note on Wednesday, September 14th. Deutsche Bank AG raised Eni SpA from a “hold” rating to a “buy” rating in a research report on Wednesday. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Eni SpA in a research report on Thursday, July 21st. Finally, Citigroup Inc. reaffirmed a “buy” rating on shares of Eni SpA in a research report on Friday. One analyst has rated the stock with a sell rating, ten have given a hold rating and five have assigned a buy rating to the company. Eni SpA currently has a consensus rating of “Hold” and an average target price of $25.99.
Eni SpA (NYSE:E) opened at 29.64 on Friday. Eni SpA has a 12-month low of $24.73 and a 12-month high of $36.02. The stock’s market capitalization is $55.08 billion. The stock’s 50 day moving average is $29.57 and its 200 day moving average is $30.54.
The firm also recently disclosed a dividend, which was paid on Friday, October 7th. Stockholders of record on Tuesday, September 20th were paid a dividend of $0.648 per share. The ex-dividend date of this dividend was Friday, September 16th. This is an increase from Eni SpA’s previous dividend of $0.64. Eni SpA’s dividend payout ratio (DPR) is currently -19.75%.
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.
Receive News & Ratings for Eni SpA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eni SpA and related companies with MarketBeat.com's FREE daily email newsletter.