Eni S.p.A. (NYSE:E) Stock Holdings Lifted by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA raised its position in Eni S.p.A. (NYSE:E) by 5.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 206,731 shares of the oil and gas exploration company’s stock after purchasing an additional 10,535 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in ENI were worth $6,266,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Caprock Group LLC lifted its position in shares of ENI by 3.9% in the third quarter. Caprock Group LLC now owns 9,025 shares of the oil and gas exploration company’s stock worth $279,000 after buying an additional 336 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of ENI by 19.8% in the second quarter. GAMMA Investing LLC now owns 2,442 shares of the oil and gas exploration company’s stock worth $75,000 after buying an additional 404 shares during the last quarter. Gallacher Capital Management LLC lifted its position in shares of ENI by 3.3% in the second quarter. Gallacher Capital Management LLC now owns 15,726 shares of the oil and gas exploration company’s stock worth $484,000 after buying an additional 504 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its position in shares of ENI by 5.9% in the third quarter. Oppenheimer Asset Management Inc. now owns 10,853 shares of the oil and gas exploration company’s stock worth $329,000 after buying an additional 608 shares during the last quarter. Finally, Evergreen Capital Management LLC lifted its position in shares of ENI by 5.2% in the second quarter. Evergreen Capital Management LLC now owns 12,753 shares of the oil and gas exploration company’s stock worth $393,000 after buying an additional 626 shares during the last quarter. Hedge funds and other institutional investors own 1.18% of the company’s stock.

Wall Street Analysts Forecast Growth

E has been the subject of several research analyst reports. Sanford C. Bernstein cut ENI from an “outperform” rating to a “market perform” rating in a research report on Monday, September 23rd. BNP Paribas raised ENI from an “underperform” rating to a “neutral” rating in a research report on Friday, September 13th. StockNews.com raised ENI from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. Jefferies Financial Group reissued a “buy” rating on shares of ENI in a research report on Tuesday, October 15th. Finally, Morgan Stanley raised ENI from an “equal weight” rating to an “overweight” rating and set a $39.60 price objective for the company in a research report on Thursday, August 29th. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, ENI has a consensus rating of “Moderate Buy” and an average target price of $39.60.

ENI Trading Down 1.8 %

ENI stock opened at $28.12 on Wednesday. The business has a 50 day moving average price of $30.50 and a two-hundred day moving average price of $30.93. The company has a quick ratio of 1.07, a current ratio of 1.27 and a debt-to-equity ratio of 0.41. The stock has a market cap of $47.47 billion, a price-to-earnings ratio of 16.84, a price-to-earnings-growth ratio of 1.27 and a beta of 0.95. Eni S.p.A. has a 12 month low of $28.03 and a 12 month high of $34.30.

About ENI

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