Intercontinental Wealth Advisors LLC increased its holdings in Eni SpA (NYSE:E) by 7.1% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 10,034 shares of the oil and gas exploration company’s stock after purchasing an additional 665 shares during the period. Intercontinental Wealth Advisors LLC’s holdings in ENI were worth $354,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Fisher Asset Management LLC grew its stake in shares of ENI by 5,801.6% during the 4th quarter. Fisher Asset Management LLC now owns 1,052,319 shares of the oil and gas exploration company’s stock valued at $33,148,000 after purchasing an additional 1,034,488 shares during the period. Jane Street Group LLC bought a new stake in shares of ENI during the 4th quarter valued at about $10,638,000. Mackenzie Financial Corp grew its stake in shares of ENI by 39.6% during the 4th quarter. Mackenzie Financial Corp now owns 552,900 shares of the oil and gas exploration company’s stock valued at $17,416,000 after purchasing an additional 156,888 shares during the period. Morgan Stanley grew its stake in shares of ENI by 4.0% during the 3rd quarter. Morgan Stanley now owns 3,586,315 shares of the oil and gas exploration company’s stock valued at $135,061,000 after purchasing an additional 137,037 shares during the period. Finally, OLD Mission Capital LLC bought a new stake in shares of ENI during the 4th quarter valued at about $2,719,000. Institutional investors own 1.63% of the company’s stock.

E stock opened at $32.91 on Monday. Eni SpA has a twelve month low of $29.75 and a twelve month high of $39.16. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.17 and a current ratio of 1.32. The stock has a market cap of $59.80 billion, a PE ratio of 10.97, a P/E/G ratio of 2.69 and a beta of 0.64.

ENI (NYSE:E) last posted its quarterly earnings data on Friday, February 15th. The oil and gas exploration company reported $0.94 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.73 by $0.21. ENI had a return on equity of 8.88% and a net margin of 5.65%. The firm had revenue of $22.89 billion for the quarter. As a group, equities analysts forecast that Eni SpA will post 2.6 earnings per share for the current fiscal year.

The business also recently disclosed a semiannual dividend, which will be paid on Thursday, June 6th. Stockholders of record on Tuesday, May 21st will be given a dividend of $0.9357 per share. The ex-dividend date is Monday, May 20th. This represents a dividend yield of 5.43%. ENI’s payout ratio is currently 46.67%.

E has been the subject of a number of recent research reports. Citigroup downgraded ENI from a “buy” rating to a “neutral” rating in a research note on Tuesday, May 7th. ValuEngine upgraded ENI from a “sell” rating to a “hold” rating in a research note on Monday, February 4th. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $28.50.

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ENI Profile

Eni S.p.A. engages in the oil and gas, electricity generation and sale, and petrochemicals businesses. The company is involved in the oil and natural gas exploration, and field development and production activities, as well as liquefied natural gas (LNG) operations in 43 countries, including Italy, Libya, Egypt, Norway, the United Kingdom, Angola, Congo, Nigeria, the United States, Kazakhstan, Algeria, Australia, Iraq, Indonesia, Ghana, Mozambique, Oman, and the United Arab Emirates.

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Institutional Ownership by Quarter for ENI (NYSE:E)

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