Eni S.p.A. (NYSE:E) Shares Sold by Ritholtz Wealth Management

Ritholtz Wealth Management lowered its stake in Eni S.p.A. (NYSE:EFree Report) by 8.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 14,426 shares of the oil and gas exploration company’s stock after selling 1,401 shares during the quarter. Ritholtz Wealth Management’s holdings in ENI were worth $395,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in E. Caprock Group LLC increased its stake in ENI by 3.9% during the third quarter. Caprock Group LLC now owns 9,025 shares of the oil and gas exploration company’s stock worth $279,000 after acquiring an additional 336 shares during the last quarter. MML Investors Services LLC increased its holdings 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 purchasing an additional 576 shares during the last quarter. Oppenheimer Asset Management Inc. increased its position in shares of ENI by 5.9% in 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 purchasing an additional 608 shares during the last quarter. Evergreen Capital Management LLC lifted its holdings 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 last quarter. Finally, GAMMA Investing LLC raised its holdings in shares of ENI by 25.9% during the third quarter. GAMMA Investing LLC now owns 3,075 shares of the oil and gas exploration company’s stock worth $93,000 after purchasing an additional 633 shares during the period. Institutional investors and hedge funds own 1.18% of the company’s stock.

Analyst Ratings Changes

Several analysts have weighed in on E shares. Jefferies Financial Group reaffirmed a “buy” rating on shares of ENI in a research note on Tuesday, October 15th. StockNews.com raised ENI from a “hold” rating to a “buy” rating in a report on Wednesday, January 15th. Morgan Stanley reissued an “equal weight” rating and set a $31.60 price objective (down from $37.50) on shares of ENI in a research note on Tuesday, January 7th. Finally, UBS Group lowered ENI from a “buy” rating to a “neutral” rating in a research report on Wednesday, January 8th. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, ENI currently has a consensus rating of “Hold” and an average target price of $31.60.

Get Our Latest Stock Analysis on ENI

ENI Stock Performance

ENI stock opened at $28.56 on Wednesday. The firm has a market capitalization of $48.21 billion, a P/E ratio of 17.10, a P/E/G ratio of 1.86 and a beta of 0.93. The stock has a fifty day moving average price of $28.05 and a two-hundred day moving average price of $30.07. Eni S.p.A. has a 52-week low of $26.12 and a 52-week high of $33.78. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.27 and a quick ratio of 1.07.

ENI (NYSE:EGet Free Report) last issued its quarterly earnings data on Friday, October 25th. The oil and gas exploration company reported $0.86 earnings per share for the quarter, missing the consensus estimate of $0.89 by ($0.03). The firm had revenue of $23.10 billion for the quarter, compared to the consensus estimate of $23.40 billion. ENI had a return on equity of 11.03% and a net margin of 2.76%. As a group, analysts anticipate that Eni S.p.A. will post 3.85 EPS for the current fiscal year.

ENI Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for ENI (NYSE:E)

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