Eni S.p.A. (NYSE:E) Stock Position Boosted by Allworth Financial LP

Allworth Financial LP lifted its stake in Eni S.p.A. (NYSE:E) by 30.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,488 shares of the oil and gas exploration company’s stock after acquiring an additional 581 shares during the period. Allworth Financial LP’s holdings in ENI were worth $70,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in E. Creative Planning raised its position in ENI by 21.5% in the third quarter. Creative Planning now owns 56,929 shares of the oil and gas exploration company’s stock worth $1,726,000 after acquiring an additional 10,084 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of ENI by 38.9% in the third quarter. Allspring Global Investments Holdings LLC now owns 7,697 shares of the oil and gas exploration company’s stock valued at $233,000 after buying an additional 2,155 shares in the last quarter. Sequoia Financial Advisors LLC boosted its stake in shares of 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 acquiring an additional 652 shares in the last quarter. Private Advisor Group LLC grew its holdings in shares of ENI by 14.8% in the 3rd quarter. Private Advisor Group LLC now owns 16,023 shares of the oil and gas exploration company’s stock worth $486,000 after acquiring an additional 2,065 shares during the last quarter. Finally, Mediolanum International Funds Ltd purchased a new stake in shares of ENI during the third quarter valued at $1,589,000. 1.18% of the stock is currently owned by institutional investors.

ENI Stock Performance

NYSE E opened at $29.32 on Tuesday. Eni S.p.A. has a 1 year low of $26.12 and a 1 year high of $33.78. 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 firm has a market capitalization of $49.49 billion, a P/E ratio of 17.56, a price-to-earnings-growth ratio of 1.86 and a beta of 0.92. The firm’s fifty day moving average price is $28.13 and its two-hundred day moving average price is $29.67.

Analyst Upgrades and Downgrades

E has been the topic of several recent analyst reports. Morgan Stanley reissued an “equal weight” rating and set a $31.60 price target (down from $37.50) on shares of ENI in a research report on Tuesday, January 7th. StockNews.com upgraded shares of ENI from a “hold” rating to a “buy” rating in a research report on Tuesday, February 11th. Finally, UBS Group lowered ENI from a “buy” rating to a “neutral” rating in a report on Wednesday, January 8th. Six investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $31.60.

ENI 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.