Vanguard Personalized Indexing Management LLC Sells 2,732 Shares of Eni S.p.A. (NYSE:E)

Vanguard Personalized Indexing Management LLC reduced its holdings in Eni S.p.A. (NYSE:E) by 6.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 41,679 shares of the oil and gas exploration company’s stock after selling 2,732 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in ENI were worth $1,276,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in E. Massachusetts Financial Services Co. MA raised its holdings in shares of ENI by 8.3% during the second quarter. Massachusetts Financial Services Co. MA now owns 196,196 shares of the oil and gas exploration company’s stock valued at $6,041,000 after purchasing an additional 15,039 shares during the period. Oppenheimer Asset Management Inc. increased its position in ENI by 6.7% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 10,245 shares of the oil and gas exploration company’s stock valued at $315,000 after buying an additional 645 shares in the last quarter. Parallel Advisors LLC raised its stake in ENI by 9.2% during the 2nd quarter. Parallel Advisors LLC now owns 13,939 shares of the oil and gas exploration company’s stock worth $429,000 after buying an additional 1,177 shares during the period. American Century Companies Inc. boosted its holdings in ENI by 7.3% in the second quarter. American Century Companies Inc. now owns 333,308 shares of the oil and gas exploration company’s stock worth $10,263,000 after acquiring an additional 22,695 shares in the last quarter. Finally, Caprock Group LLC acquired a new stake in ENI in the second quarter valued at approximately $268,000. 1.18% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

E has been the topic of a number of research reports. BNP Paribas raised ENI from an “underperform” rating to a “neutral” rating in a research report on Friday, September 13th. StockNews.com lowered shares of ENI from a “buy” rating to a “hold” rating in a research note on Friday, September 13th. Redburn Atlantic upgraded shares of ENI from a “neutral” rating to a “buy” rating in a report on Tuesday, June 25th. Royal Bank of Canada upgraded shares of ENI from a “sector perform” rating to an “outperform” rating in a report on Monday, July 29th. Finally, Stifel Nicolaus downgraded ENI from a “buy” rating to a “hold” rating in a research note on Friday, July 19th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $39.60.

ENI Stock Performance

NYSE E opened at $32.05 on Monday. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.28 and a quick ratio of 1.09. The company has a fifty day moving average price of $31.46 and a 200-day moving average price of $31.54. Eni S.p.A. has a 1 year low of $28.82 and a 1 year high of $34.30. The firm has a market cap of $54.10 billion, a price-to-earnings ratio of 13.81, a PEG ratio of 1.26 and a beta of 0.96.

ENI (NYSE:E) last posted its quarterly earnings data on Friday, July 26th. The oil and gas exploration company reported $0.98 EPS for the quarter, missing the consensus estimate of $1.12 by ($0.14). ENI had a net margin of 4.21% and a return on equity of 11.84%. The firm had revenue of $24.82 billion during the quarter, compared to analysts’ expectations of $25.74 billion. As a group, equities research analysts predict that Eni S.p.A. will post 4.18 EPS for the current fiscal year.

ENI Profile

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.