Dimensional Fund Advisors LP Trims Stake in Eni SpA (E)

Dimensional Fund Advisors LP lowered its holdings in Eni SpA (NYSE:E) by 1.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 344,597 shares of the oil and gas exploration company’s stock after selling 3,981 shares during the quarter. Dimensional Fund Advisors LP’s holdings in ENI were worth $11,396,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. South State Corp bought a new stake in ENI during the third quarter worth about $832,000. Pacer Advisors Inc. grew its stake in ENI by 41.2% during the third quarter. Pacer Advisors Inc. now owns 15,028 shares of the oil and gas exploration company’s stock worth $497,000 after buying an additional 4,385 shares during the last quarter. Advisors Asset Management Inc. grew its stake in ENI by 34.1% during the third quarter. Advisors Asset Management Inc. now owns 87,546 shares of the oil and gas exploration company’s stock worth $2,895,000 after buying an additional 22,276 shares during the last quarter. Bank of New York Mellon Corp grew its stake in ENI by 12.6% during the third quarter. Bank of New York Mellon Corp now owns 32,435 shares of the oil and gas exploration company’s stock worth $1,073,000 after buying an additional 3,638 shares during the last quarter. Finally, Advisor Group Inc. grew its stake in ENI by 41.4% during the third quarter. Advisor Group Inc. now owns 10,785 shares of the oil and gas exploration company’s stock worth $356,000 after buying an additional 3,160 shares during the last quarter. 1.64% of the stock is currently owned by institutional investors and hedge funds.

E has been the topic of several research analyst reports. raised shares of ENI from a “hold” rating to a “buy” rating in a research note on Tuesday, November 7th. Goldman Sachs Group reaffirmed a “buy” rating on shares of ENI in a research note on Monday, December 11th. Finally, Zacks Investment Research raised shares of ENI from a “hold” rating to a “buy” rating and set a $37.00 price objective on the stock in a research note on Thursday, December 28th. Five investment analysts have rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company’s stock. ENI has a consensus rating of “Hold” and a consensus target price of $29.00.

Eni SpA (NYSE:E) opened at $33.28 on Tuesday. Eni SpA has a 12-month low of $29.44 and a 12-month high of $37.48. The stock has a market cap of $60,050.00, a P/E ratio of 29.45 and a beta of 0.91. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.10 and a current ratio of 1.27.

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About ENI

Eni SpA (Eni) is an Italy-based company engaged in the exploration, development and production of hydrocarbons, in the supply and marketing of gas, liquefied natural gas (LNG) and power, in the refining and marketing of petroleum products, in the production and marketing of basic petrochemicals, plastics and elastomers and in commodity trading.

Institutional Ownership by Quarter for ENI (NYSE:E)

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