Macquarie Group Ltd. lessened its stake in ENI S.p.A. (NYSE:E) by 0.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,859,853 shares of the oil and gas exploration company’s stock after selling 11,405 shares during the quarter. Macquarie Group Ltd. owned about 0.16% of ENI S.p.A. worth $94,575,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Federated Investors Inc. PA grew its position in ENI S.p.A. by 111.9% in the second quarter. Federated Investors Inc. PA now owns 1,031,970 shares of the oil and gas exploration company’s stock valued at $31,021,000 after acquiring an additional 544,931 shares during the last quarter. Mondrian Investment Partners LTD grew its position in ENI S.p.A. by 19.6% in the second quarter. Mondrian Investment Partners LTD now owns 1,713,077 shares of the oil and gas exploration company’s stock valued at $51,495,000 after acquiring an additional 281,160 shares during the last quarter. Crossmark Global Holdings Inc. bought a new position in ENI S.p.A. in the third quarter valued at about $3,667,000. Parametric Portfolio Associates LLC grew its position in ENI S.p.A. by 20.3% in the second quarter. Parametric Portfolio Associates LLC now owns 522,708 shares of the oil and gas exploration company’s stock valued at $15,713,000 after acquiring an additional 88,111 shares during the last quarter. Finally, Aperio Group LLC grew its position in ENI S.p.A. by 40.5% in the second quarter. Aperio Group LLC now owns 281,940 shares of the oil and gas exploration company’s stock valued at $8,475,000 after acquiring an additional 81,246 shares during the last quarter. 1.67% of the stock is owned by institutional investors and hedge funds.

Shares of ENI S.p.A. (NYSE E) traded up $0.14 during mid-day trading on Friday, reaching $32.55. The company had a trading volume of 160,554 shares, compared to its average volume of 290,339. ENI S.p.A. has a 1-year low of $26.15 and a 1-year high of $34.62. The company has a market capitalization of $58,880.00, a PE ratio of 29.42 and a beta of 0.83. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.27 and a quick ratio of 1.10.

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

E has been the topic of several research reports. Societe Generale restated a “buy” rating on shares of ENI S.p.A. in a report on Wednesday, July 26th. Zacks Investment Research cut ENI S.p.A. from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Credit Suisse Group cut ENI S.p.A. from an “outperform” rating to a “neutral” rating in a report on Thursday, August 3rd. BidaskClub upgraded ENI S.p.A. from a “sell” rating to a “hold” rating in a report on Friday, August 4th. Finally, Barclays PLC cut ENI S.p.A. from an “equal weight” rating to an “underweight” rating and set a $16.00 price target on the stock. in a report on Monday, August 21st. Five analysts have rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the company. ENI S.p.A. currently has an average rating of “Hold” and a consensus target price of $16.00.

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ENI S.p.A. Company 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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