Regentatlantic Capital LLC lifted its position in Eni SpA (NYSE:E) by 186.0% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 33,638 shares of the oil and gas exploration company’s stock after buying an additional 21,876 shares during the period. Regentatlantic Capital LLC’s holdings in ENI were worth $1,111,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Covenant Multifamily Offices LLC acquired a new stake in shares of ENI during the first quarter worth $63,000. Global Retirement Partners LLC raised its position in shares of ENI by 19.9% during the first quarter. Global Retirement Partners LLC now owns 2,168 shares of the oil and gas exploration company’s stock worth $76,000 after purchasing an additional 360 shares during the period. Vigilant Capital Management LLC acquired a new stake in shares of ENI during the first quarter worth $86,000. Private Capital Group LLC raised its position in shares of ENI by 111.1% during the first quarter. Private Capital Group LLC now owns 4,085 shares of the oil and gas exploration company’s stock worth $144,000 after purchasing an additional 2,150 shares during the period. Finally, Parallel Advisors LLC raised its position in shares of ENI by 77.9% during the first quarter. Parallel Advisors LLC now owns 5,219 shares of the oil and gas exploration company’s stock worth $184,000 after purchasing an additional 2,286 shares during the period. 1.67% of the stock is currently owned by institutional investors.
Shares of E stock traded down $0.49 on Friday, reaching $30.32. 309,292 shares of the company’s stock traded hands, compared to its average volume of 160,783. Eni SpA has a 12-month low of $29.75 and a 12-month high of $39.16. The company has a quick ratio of 1.17, a current ratio of 1.32 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $55.98 billion, a P/E ratio of 10.11, a P/E/G ratio of 3.90 and a beta of 0.71. The company has a 50 day moving average of $32.34.
ENI (NYSE:E) last issued its quarterly earnings results on Friday, July 26th. The oil and gas exploration company reported $0.36 earnings per share for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.29). ENI had a net margin of 4.59% and a return on equity of 8.42%. The business had revenue of $21.16 billion for the quarter. On average, equities research analysts expect that Eni SpA will post 2.31 EPS for the current year.
A number of research analysts have recently weighed in on E shares. Citigroup downgraded ENI from a “buy” rating to a “neutral” rating in a report on Tuesday, May 7th. Santander upgraded ENI from a “hold” rating to a “buy” rating in a report on Monday, June 17th. Finally, Zacks Investment Research upgraded ENI from a “strong sell” rating to a “hold” rating and set a $27.00 price target on the stock in a report on Thursday, July 18th. Two analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $22.00.
Eni S.p.A. engages in the oil and gas, electricity generation and sale, and petrochemicals businesses. The company is involved in the oil and natural gas exploration, and field development and production activities, as well as liquefied natural gas (LNG) operations in 43 countries, including Italy, Libya, Egypt, Norway, the United Kingdom, Angola, Congo, Nigeria, the United States, Kazakhstan, Algeria, Australia, Iraq, Indonesia, Ghana, Mozambique, Oman, and the United Arab Emirates.
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