FDx Advisors Inc. bought a new position in ENI S.p.A. (NYSE:E) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 7,519 shares of the oil and gas exploration company’s stock, valued at approximately $249,000.

Other hedge funds also recently modified their holdings of the company. Creative Planning lifted its position in shares of ENI S.p.A. by 41.0% in the 2nd quarter. Creative Planning now owns 4,391 shares of the oil and gas exploration company’s stock worth $132,000 after purchasing an additional 1,277 shares during the period. Sei Investments Co. lifted its position in shares of ENI S.p.A. by 26.3% in the 2nd quarter. Sei Investments Co. now owns 5,368 shares of the oil and gas exploration company’s stock worth $161,000 after purchasing an additional 1,119 shares during the period. Pacad Investment Ltd. purchased a new stake in ENI S.p.A. during the second quarter valued at approximately $189,000. Eqis Capital Management Inc. purchased a new stake in ENI S.p.A. during the third quarter valued at approximately $223,000. Finally, Shelton Capital Management purchased a new stake in ENI S.p.A. during the second quarter valued at approximately $225,000. Institutional investors and hedge funds own 1.68% of the company’s stock.

ENI S.p.A. (NYSE:E) opened at $32.59 on Wednesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.27 and a quick ratio of 1.10. The firm has a market cap of $58,746.62, a PE ratio of 28.61 and a beta of 0.82. ENI S.p.A. has a 52 week low of $26.37 and a 52 week high of $34.62.

ENI S.p.A. (NYSE:E) last posted its quarterly earnings results on Friday, October 27th. The oil and gas exploration company reported $0.15 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.22 by ($0.07). ENI S.p.A. had a return on equity of 3.69% and a net margin of 2.50%. The business had revenue of $18.42 billion during the quarter. research analysts anticipate that ENI S.p.A. will post 1.28 EPS for the current year.

A number of analysts have recently weighed in on the stock. Zacks Investment Research lowered shares of ENI S.p.A. from a “buy” rating to a “hold” rating in a research note on Wednesday, August 9th. Barclays PLC lowered shares of ENI S.p.A. from an “equal weight” rating to an “underweight” rating and set a $16.00 price objective on the stock. in a research note on Monday, August 21st. Credit Suisse Group lowered shares of ENI S.p.A. from an “outperform” rating to a “neutral” rating in a research note on Thursday, August 3rd. Societe Generale reiterated a “buy” rating on shares of ENI S.p.A. in a research note on Wednesday, July 26th. Finally, Citigroup Inc. reiterated a “buy” rating on shares of ENI S.p.A. in a research note on Wednesday, August 30th. Five research analysts have rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $16.00.

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ENI S.p.A. Profile

Eni SpA (Eni) is an Italy-based company engaged in the exploration, development and production of hydrocarbons, in the supply and marketing of gas, liquefied natural gas (LNG) and power, in the refining and marketing of petroleum products, in the production and marketing of basic petrochemicals, plastics and elastomers and in commodity trading.

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Institutional Ownership by Quarter for ENI S.p.A. (NYSE:E)

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