HighTower Advisors LLC Has $611,000 Position in Eni S.p.A. (NYSE:E)

HighTower Advisors LLC cut its holdings in Eni S.p.A. (NYSE:E) by 53.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 22,318 shares of the oil and gas exploration company’s stock after selling 25,629 shares during the quarter. HighTower Advisors LLC’s holdings in ENI were worth $611,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Charles Schwab Investment Management Inc. lifted its stake in ENI by 100.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 71,207 shares of the oil and gas exploration company’s stock valued at $2,158,000 after buying an additional 35,730 shares in the last quarter. Cerity Partners LLC raised its holdings in shares of ENI by 33.1% during the third quarter. Cerity Partners LLC now owns 36,993 shares of the oil and gas exploration company’s stock worth $1,121,000 after acquiring an additional 9,209 shares during the period. FMR LLC lifted its position in ENI by 33.5% in the 3rd quarter. FMR LLC now owns 583,677 shares of the oil and gas exploration company’s stock valued at $17,691,000 after acquiring an additional 146,431 shares in the last quarter. BNP Paribas Financial Markets lifted its position in ENI by 24,141.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 9,454 shares of the oil and gas exploration company’s stock valued at $287,000 after acquiring an additional 9,415 shares in the last quarter. Finally, Townsquare Capital LLC acquired a new position in ENI in the 3rd quarter worth $231,000. 1.18% of the stock is owned by institutional investors.

ENI Price Performance

Shares of NYSE E opened at $31.02 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.27 and a quick ratio of 1.07. The business has a 50-day moving average of $29.33 and a 200-day moving average of $29.37. The stock has a market capitalization of $52.36 billion, a price-to-earnings ratio of 18.57, a PEG ratio of 1.86 and a beta of 0.90. Eni S.p.A. has a fifty-two week low of $26.12 and a fifty-two week high of $33.78.

ENI Cuts Dividend

The business also recently declared a — dividend, which will be paid on Monday, April 7th. Shareholders of record on Tuesday, March 25th will be given a dividend of $0.3549 per share. This represents a dividend yield of 5.1%. The ex-dividend date is Tuesday, March 25th. ENI’s dividend payout ratio (DPR) is 83.04%.

Analyst Ratings Changes

Several analysts have issued reports on the company. StockNews.com downgraded ENI from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. Morgan Stanley reissued an “equal weight” rating and issued a $31.60 target price (down previously from $37.50) on shares of ENI in a research report on Tuesday, January 7th. Finally, UBS Group cut ENI from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 8th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $31.60.

ENI Company Profile

Eni SpA engages in the exploration, production, refining, and sale of oil, gas, electricity, and chemicals. It operates through the following segments: Exploration and Production, Global Gas and LNG Portfolio, Refining & Marketing and Chemicals, Power & Renewables, and Corporate and Other Activities.