BNP Paribas Financial Markets Acquires 9,415 Shares of Eni S.p.A. (NYSE:E)

BNP Paribas Financial Markets increased its stake in Eni S.p.A. (NYSE:E) by 24,141.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 9,454 shares of the oil and gas exploration company’s stock after purchasing an additional 9,415 shares during the quarter. BNP Paribas Financial Markets’ holdings in ENI were worth $287,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Raymond James & Associates raised its holdings in ENI by 1.0% during the second quarter. Raymond James & Associates now owns 500,182 shares of the oil and gas exploration company’s stock valued at $15,401,000 after acquiring an additional 4,882 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings in ENI by 138.5% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 5,542 shares of the oil and gas exploration company’s stock worth $171,000 after purchasing an additional 3,218 shares in the last quarter. Atomi Financial Group Inc. boosted its stake in ENI by 13.3% in the 2nd quarter. Atomi Financial Group Inc. now owns 8,151 shares of the oil and gas exploration company’s stock worth $251,000 after purchasing an additional 956 shares during the period. Cambiar Investors LLC boosted its stake in ENI by 3.2% in the 2nd quarter. Cambiar Investors LLC now owns 197,960 shares of the oil and gas exploration company’s stock worth $6,095,000 after purchasing an additional 6,121 shares during the period. Finally, Hantz Financial Services Inc. purchased a new stake in ENI during the 2nd quarter valued at approximately $1,409,000. 1.18% of the stock is currently owned by hedge funds and other institutional investors.

ENI Trading Down 0.1 %

NYSE:E opened at $27.84 on Monday. 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 fifty day simple moving average of $29.68 and a 200-day simple moving average of $30.60. Eni S.p.A. has a 12 month low of $27.75 and a 12 month high of $34.30. The company has a market capitalization of $46.99 billion, a P/E ratio of 16.67, a PEG ratio of 1.68 and a beta of 0.93.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Morgan Stanley raised shares of ENI from an “equal weight” rating to an “overweight” rating and set a $39.60 price target for the company in a report on Thursday, August 29th. Jefferies Financial Group reaffirmed a “buy” rating on shares of ENI in a research note on Tuesday, October 15th. BNP Paribas raised ENI from an “underperform” rating to a “neutral” rating in a research report on Friday, September 13th. StockNews.com upgraded ENI from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. Finally, Sanford C. Bernstein cut shares of ENI from an “outperform” rating to a “market perform” rating in a research report on Monday, September 23rd. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $39.60.

ENI Company 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.