Schechter Investment Advisors LLC Has $914,000 Stock Position in Eni S.p.A. (NYSE:E)

Schechter Investment Advisors LLC reduced its stake in shares of Eni S.p.A. (NYSE:E) by 22.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 26,883 shares of the oil and gas exploration company’s stock after selling 7,867 shares during the period. Schechter Investment Advisors LLC’s holdings in ENI were worth $914,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of E. Assetmark Inc. bought a new position in shares of ENI during the 3rd quarter worth approximately $27,000. Bessemer Group Inc. grew its stake in shares of ENI by 2,729.7% during the 2nd quarter. Bessemer Group Inc. now owns 1,047 shares of the oil and gas exploration company’s stock worth $30,000 after acquiring an additional 1,010 shares in the last quarter. Atlas Capital Advisors LLC bought a new position in shares of ENI in the fourth quarter valued at $38,000. Allworth Financial LP increased its holdings in ENI by 61.6% during the third 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 during the last quarter. Finally, Captrust Financial Advisors increased its holdings in ENI by 114.6% during the second quarter. Captrust Financial Advisors now owns 2,114 shares of the oil and gas exploration company’s stock worth $50,000 after buying an additional 1,129 shares during the last quarter. 1.18% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

E has been the topic of a number of recent analyst reports. StockNews.com downgraded shares of ENI from a “buy” rating to a “hold” rating in a report on Monday, February 19th. Berenberg Bank downgraded shares of ENI from a “buy” rating to a “hold” rating in a report on Wednesday, March 20th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold”.

ENI Price Performance

NYSE:E opened at $31.47 on Thursday. Eni S.p.A. has a one year low of $26.50 and a one year high of $34.30. The company has a market cap of $56.20 billion, a P/E ratio of 10.42 and a beta of 1.01. The firm’s fifty day moving average price is $31.38 and its two-hundred day moving average price is $32.16. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.30 and a quick ratio of 1.13.

ENI (NYSE:E) last released its quarterly earnings data on Wednesday, February 21st. The oil and gas exploration company reported $1.06 EPS for the quarter, missing the consensus estimate of $1.22 by ($0.16). ENI had a net margin of 5.00% and a return on equity of 14.91%. The company had revenue of $26.95 billion during the quarter, compared to analyst estimates of $19.86 billion. Equities analysts expect that Eni S.p.A. will post 4.37 earnings per share for the current year.

ENI Increases Dividend

The business also recently disclosed a — dividend, which will be paid on Monday, April 8th. Shareholders of record on Tuesday, March 19th will be issued a $0.5186 dividend. This is an increase from ENI’s previous — dividend of $0.49. This represents a dividend yield of 4.4%. The ex-dividend date of this dividend is Monday, March 18th. ENI’s payout ratio is currently 48.01%.

About ENI

Eni S.p.A. operates as an integrated energy company worldwide. It 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. The company operates through Exploration & Production; Global Gas & LNG Portfolio (GGP); Refining & Marketing and Chemicals; Plenitude & Power; and Corporate and Other Activities segments.