Barings LLC Has $1,332,000 Holdings in ENI S.p.A. (E)

Barings LLC maintained its position in shares of ENI S.p.A. (NYSE:E) during the second quarter, according to its most recent disclosure with the SEC. The fund owned 40,700 shares of the oil and gas exploration company’s stock at the end of the second quarter. Barings LLC’s holdings in ENI S.p.A. were worth $1,332,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. boosted its stake in ENI S.p.A. by 10.4% in the second quarter. Oppenheimer Asset Management Inc. now owns 172,181 shares of the oil and gas exploration company’s stock valued at $5,176,000 after acquiring an additional 16,275 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in ENI S.p.A. by 275.1% in the first quarter. Goldman Sachs Group Inc. now owns 311,767 shares of the oil and gas exploration company’s stock valued at $10,204,000 after acquiring an additional 228,644 shares in the last quarter. Macquarie Group Ltd. boosted its stake in ENI S.p.A. by 2.7% in the first quarter. Macquarie Group Ltd. now owns 2,466,036 shares of the oil and gas exploration company’s stock valued at $80,713,000 after acquiring an additional 64,171 shares in the last quarter. Sei Investments Co. boosted its stake in ENI S.p.A. by 35.5% in the first quarter. Sei Investments Co. now owns 4,249 shares of the oil and gas exploration company’s stock valued at $139,000 after acquiring an additional 1,114 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in ENI S.p.A. by 43.9% in the first quarter. Bank of New York Mellon Corp now owns 37,654 shares of the oil and gas exploration company’s stock valued at $1,232,000 after acquiring an additional 11,480 shares in the last quarter. Institutional investors own 1.66% of the company’s stock.

Several brokerages have recently weighed in on E. Citigroup Inc. reiterated a “buy” rating on shares of ENI S.p.A. in a research note on Wednesday, August 30th. BidaskClub downgraded shares of ENI S.p.A. from a “sell” rating to a “strong sell” rating in a research note on Thursday, June 22nd. Zacks Investment Research downgraded shares of ENI S.p.A. from a “hold” rating to a “sell” rating in a research note on Tuesday, July 18th. Societe Generale reiterated a “buy” rating on shares of ENI S.p.A. in a research note on Wednesday, July 26th. Finally, Macquarie downgraded shares of ENI S.p.A. from an “outperform” rating to a “neutral” rating in a research note on Wednesday, June 21st. Six analysts have rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company. ENI S.p.A. presently has a consensus rating of “Hold” and a consensus target price of $16.00.

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ENI S.p.A. (E) opened at 32.77 on Wednesday. The firm has a 50-day moving average of $32.35 and a 200-day moving average of $31.72. The stock has a market capitalization of $59.65 billion, a PE ratio of 65.02 and a beta of 0.77. ENI S.p.A. has a one year low of $26.15 and a one year high of $34.62.

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

The firm also recently announced a None dividend, which was paid on Friday, October 6th. Investors of record on Tuesday, September 19th were paid a dividend of $0.676 per share. This represents a yield of 5.86%. The ex-dividend date of this dividend was Monday, September 18th. ENI S.p.A.’s dividend payout ratio is presently 319.52%.

ENI S.p.A. Company 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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