Eni S.p.A. (NYSE:E) Shares Purchased by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. grew its holdings in Eni S.p.A. (NYSE:E) by 5.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,853 shares of the oil and gas exploration company’s stock after purchasing an additional 608 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in ENI were worth $329,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Russell Investments Group Ltd. increased its position in ENI by 1.0% during the first quarter. Russell Investments Group Ltd. now owns 82,889 shares of the oil and gas exploration company’s stock worth $2,629,000 after purchasing an additional 832 shares during the last quarter. O Shaughnessy Asset Management LLC increased its position in shares of ENI by 0.8% during the first quarter. O Shaughnessy Asset Management LLC now owns 58,884 shares of the oil and gas exploration company’s stock valued at $1,868,000 after acquiring an additional 470 shares during the last quarter. Pitcairn Co. purchased a new position in shares of ENI during the 1st quarter worth approximately $218,000. Advisors Asset Management Inc. increased its holdings in ENI by 3.3% in the 1st quarter. Advisors Asset Management Inc. now owns 71,685 shares of the oil and gas exploration company’s stock valued at $2,274,000 after purchasing an additional 2,271 shares during the last quarter. Finally, Toronto Dominion Bank acquired a new position in ENI during the first quarter worth $172,000. 1.18% of the stock is currently owned by institutional investors and hedge funds.

ENI Stock Down 0.5 %

Shares of NYSE E opened at $28.93 on Thursday. 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 S.p.A. has a 1 year low of $28.74 and a 1 year high of $34.30. The company has a market capitalization of $48.83 billion, a price-to-earnings ratio of 17.32, a price-to-earnings-growth ratio of 1.30 and a beta of 0.95. The business has a 50-day moving average of $30.69 and a two-hundred day moving average of $31.03.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on E shares. StockNews.com raised ENI from a “hold” rating to a “buy” rating in a research note on Friday, November 1st. BNP Paribas upgraded shares of ENI from an “underperform” rating to a “neutral” rating in a report on Friday, September 13th. Royal Bank of Canada upgraded ENI from a “sector perform” rating to an “outperform” rating in a research note on Monday, July 29th. Sanford C. Bernstein cut ENI from an “outperform” rating to a “market perform” rating in a research note on Monday, September 23rd. Finally, Morgan Stanley upgraded ENI from an “equal weight” rating to an “overweight” rating and set a $39.60 price objective for the company in a research note on Thursday, August 29th. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target 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.