Eni SpA (NYSE:E) – Equities research analysts at Jefferies Group issued their Q3 2016 EPS estimates for shares of Eni SpA in a report issued on Tuesday. Jefferies Group analyst M. Kofler forecasts that the brokerage will post earnings of ($0.09) per share for the quarter.
Other analysts have also recently issued reports about the company. Zacks Investment Research cut Eni SpA from a “hold” rating to a “sell” rating in a research report on Wednesday, September 14th. Citigroup Inc. reiterated a “buy” rating on shares of Eni SpA in a research report on Friday, October 7th. Deutsche Bank AG upgraded Eni SpA from a “hold” rating to a “buy” rating in a research report on Wednesday, October 5th. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of Eni SpA in a research report on Thursday, July 21st. One research analyst has rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the stock. Eni SpA has a consensus rating of “Hold” and an average price target of $25.99.
Eni SpA (NYSE:E) traded down 0.65% during mid-day trading on Thursday, hitting $29.03. The company had a trading volume of 194,048 shares. The stock’s 50 day moving average price is $29.49 and its 200 day moving average price is $30.53. Eni SpA has a 52-week low of $24.73 and a 52-week high of $36.02. The firm’s market cap is $53.95 billion.
The company also recently declared a dividend, which was paid on Friday, October 7th. Shareholders of record on Tuesday, September 20th were paid a dividend of $0.648 per share. This is a positive change from Eni SpA’s previous dividend of $0.64. The ex-dividend date was Friday, September 16th. Eni SpA’s dividend payout ratio (DPR) is presently -19.75%.
Several large investors have recently added to or reduced their stakes in the company. MSI Financial Services Inc raised its stake in Eni SpA by 92.3% in the third quarter. MSI Financial Services Inc now owns 3,662 shares of the oil and gas exploration company’s stock valued at $106,000 after buying an additional 1,758 shares in the last quarter. JFS Wealth Advisors LLC raised its stake 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 valued at $149,000 after buying an additional 428 shares in the last quarter. US Bancorp DE raised its stake in 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 in the last quarter. Connable Office Inc. bought a new stake in Eni SpA during the second quarter valued at $238,000. Finally, Brinker Capital Inc. bought a new stake in Eni SpA during the second quarter valued at $245,000. 1.74% of the stock is owned by institutional investors and hedge funds.
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.
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