Eni S.p.A. (NYSE:E) Shares Sold by GAMMA Investing LLC

GAMMA Investing LLC decreased its holdings in shares of Eni S.p.A. (NYSE:E) by 37.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,909 shares of the oil and gas exploration company’s stock after selling 1,166 shares during the quarter. GAMMA Investing LLC’s holdings in ENI were worth $52,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Caprock Group LLC lifted its holdings in shares of ENI by 3.9% during the 3rd quarter. Caprock Group LLC now owns 9,025 shares of the oil and gas exploration company’s stock valued at $279,000 after acquiring an additional 336 shares in the last quarter. MML Investors Services LLC increased its stake in ENI by 7.6% during the 3rd quarter. MML Investors Services LLC now owns 8,144 shares of the oil and gas exploration company’s stock worth $247,000 after buying an additional 576 shares during the period. Oppenheimer Asset Management Inc. increased its stake in ENI by 5.9% during the 3rd 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 period. Evergreen Capital Management LLC increased its stake in ENI by 5.2% during the 2nd 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 period. Finally, Sequoia Financial Advisors LLC increased its stake in ENI by 5.5% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 12,446 shares of the oil and gas exploration company’s stock worth $377,000 after buying an additional 652 shares during the period. Institutional investors and hedge funds own 1.18% of the company’s stock.

ENI Trading Up 0.3 %

Shares of NYSE:E opened at $28.22 on Tuesday. The company has a current ratio of 1.27, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The company has a 50 day moving average of $28.20 and a 200-day moving average of $30.15. Eni S.p.A. has a twelve month low of $26.12 and a twelve month high of $33.78. The firm has a market cap of $47.63 billion, a P/E ratio of 16.90, a P/E/G ratio of 1.66 and a beta of 0.93.

Analysts Set New Price Targets

E has been the topic of several analyst reports. Morgan Stanley reaffirmed an “equal weight” rating and set a $31.60 price target (down previously from $37.50) on shares of ENI in a research note on Tuesday, January 7th. StockNews.com downgraded shares of ENI from a “buy” rating to a “hold” rating in a research report on Tuesday, January 7th. Sanford C. Bernstein downgraded shares of ENI from an “outperform” rating to a “market perform” rating in a research report on Monday, September 23rd. UBS Group downgraded shares of ENI from a “buy” rating to a “neutral” rating in a research report on Wednesday, January 8th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of ENI in a research report on Tuesday, October 15th. Seven investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $31.60.

ENI Company Profile

Eni SpA engages in the exploration, production, refining, and sale of oil, gas, electricity, and chemicals. It operates through the following segments: Exploration and Production, Global Gas and LNG Portfolio, Refining & Marketing and Chemicals, Power & Renewables, and Corporate and Other Activities.