Todd Asset Management LLC Boosts Stake in Eni S.p.A. (NYSE:E)

Todd Asset Management LLC lifted its position in shares of Eni S.p.A. (NYSE:E) by 4.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 117,000 shares of the oil and gas exploration company’s stock after acquiring an additional 5,300 shares during the quarter. Todd Asset Management LLC’s holdings in ENI were worth $3,201,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of E. Creative Planning boosted its holdings in ENI by 21.5% in the 3rd quarter. Creative Planning now owns 56,929 shares of the oil and gas exploration company’s stock worth $1,726,000 after buying an additional 10,084 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in ENI by 38.9% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 7,697 shares of the oil and gas exploration company’s stock worth $233,000 after buying an additional 2,155 shares during the last quarter. Private Advisor Group LLC boosted its holdings in ENI by 14.8% in the 3rd quarter. Private Advisor Group LLC now owns 16,023 shares of the oil and gas exploration company’s stock worth $486,000 after buying an additional 2,065 shares during the last quarter. Wealth Enhancement Advisory Services LLC acquired a new stake in ENI in the 3rd quarter worth about $212,000. Finally, First Trust Direct Indexing L.P. boosted its holdings in ENI by 2.8% in the 3rd quarter. First Trust Direct Indexing L.P. now owns 33,473 shares of the oil and gas exploration company’s stock worth $1,015,000 after buying an additional 917 shares during the last quarter. 1.18% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

E has been the topic of several research analyst reports. StockNews.com cut ENI from a “buy” rating to a “hold” rating in a report on Tuesday. UBS Group lowered shares of ENI from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 8th. Finally, Morgan Stanley reissued an “equal weight” rating and issued a $31.60 target price (down from $37.50) on shares of ENI in a research note on Tuesday, January 7th. Seven analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $31.60.

ENI Stock Up 1.3 %

E stock opened at $29.68 on Wednesday. The firm has a market cap of $50.10 billion, a PE ratio of 17.77, a PEG ratio of 1.86 and a beta of 0.92. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.27. The firm’s 50 day moving average price is $28.19 and its 200-day moving average price is $29.66. Eni S.p.A. has a one year low of $26.12 and a one year high of $33.78.

ENI Company Profile

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.