Stifel Financial Corp Has $1.11 Million Stock Holdings in Eni S.p.A. (NYSE:E)

Stifel Financial Corp grew its holdings in shares of Eni S.p.A. (NYSE:E) by 248.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,479 shares of the oil and gas exploration company’s stock after buying an additional 26,013 shares during the quarter. Stifel Financial Corp’s holdings in ENI were worth $1,106,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Natixis Advisors LLC boosted its stake in ENI by 12.8% during the 3rd quarter. Natixis Advisors LLC now owns 2,546,312 shares of the oil and gas exploration company’s stock valued at $77,179,000 after purchasing an additional 288,968 shares during the last quarter. Marshall Wace LLP purchased a new position in shares of ENI during the second quarter valued at approximately $6,875,000. FMR LLC boosted its position in shares of ENI by 33.5% during the third quarter. FMR LLC now owns 583,677 shares of the oil and gas exploration company’s stock valued at $17,691,000 after buying an additional 146,431 shares during the last quarter. Teachers Retirement System of The State of Kentucky bought a new stake in ENI during the second quarter worth $3,141,000. Finally, Lighthouse Investment Partners LLC purchased a new stake in ENI in the 2nd quarter valued at $3,079,000. 1.18% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms have issued reports on E. BNP Paribas raised shares of ENI from an “underperform” rating to a “neutral” rating in a report on Friday, September 13th. StockNews.com raised shares of 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. Morgan Stanley raised ENI from an “equal weight” rating to an “overweight” rating and set a $39.60 target price for the company in a report on Thursday, August 29th. Finally, Sanford C. Bernstein lowered ENI from an “outperform” rating to a “market perform” rating in a report on Monday, September 23rd. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, ENI currently has a consensus rating of “Moderate Buy” and a consensus target price of $39.60.

ENI Stock Performance

Shares of E stock opened at $26.37 on Monday. Eni S.p.A. has a 52 week low of $26.12 and a 52 week high of $34.30. The firm’s 50-day simple moving average is $29.21 and its two-hundred day simple moving average is $30.44. The firm has a market cap of $44.51 billion, a price-to-earnings ratio of 15.79, a P/E/G ratio of 1.68 and a beta of 0.93. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.27.

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.