Callan Family Office LLC Buys Shares of 43,456 Eni S.p.A. (NYSE:E)

Callan Family Office LLC bought a new stake in shares of Eni S.p.A. (NYSE:E - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 43,456 shares of the oil and gas exploration company's stock, valued at approximately $1,189,000.

Several other large investors have also recently bought and sold shares of the stock. Allworth Financial LP grew its stake in shares of ENI by 30.5% in the 4th quarter. Allworth Financial LP now owns 2,488 shares of the oil and gas exploration company's stock worth $70,000 after purchasing an additional 581 shares during the last quarter. R Squared Ltd acquired a new position in shares of ENI in the 4th quarter worth approximately $103,000. Jones Financial Companies Lllp grew its stake in shares of ENI by 93.4% in the 4th quarter. Jones Financial Companies Lllp now owns 4,449 shares of the oil and gas exploration company's stock worth $122,000 after purchasing an additional 2,149 shares during the last quarter. Wealth Enhancement Advisory Services LLC acquired a new position in shares of ENI in the 3rd quarter worth approximately $212,000. Finally, Townsquare Capital LLC acquired a new position in shares of ENI in the 3rd quarter worth approximately $231,000. Institutional investors and hedge funds own 1.18% of the company's stock.

ENI Stock Performance

Shares of E opened at $29.53 on Friday. Eni S.p.A. has a one year low of $26.12 and a one year high of $33.78. The company has a 50-day moving average of $28.57 and a two-hundred day moving average of $29.51. The stock has a market cap of $49.84 billion, a price-to-earnings ratio of 17.68, a PEG ratio of 1.86 and a beta of 0.90. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.27 and a quick ratio of 1.07.

ENI Cuts Dividend

The company also recently announced a -- dividend, which will be paid on Monday, April 7th. Shareholders of record on Tuesday, March 25th will be issued a $0.3549 dividend. This represents a dividend yield of 5.1%. The ex-dividend date of this dividend is Tuesday, March 25th. ENI's payout ratio is 83.63%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on E. Morgan Stanley reaffirmed an "equal weight" rating and issued a $31.60 price objective (down previously from $37.50) on shares of ENI in a research note on Tuesday, January 7th. StockNews.com cut shares of ENI from a "buy" rating to a "hold" rating in a research note on Tuesday, February 25th. Finally, UBS Group cut shares of ENI from a "buy" rating to a "neutral" rating in a research note on Wednesday, January 8th. Seven analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $31.60.

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ENI 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.

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