Hantz Financial Services Inc. Sells 507 Shares of Eni S.p.A. (NYSE:E)

Hantz Financial Services Inc. lowered its position in shares of Eni S.p.A. (NYSE:E) by 1.1% during the third quarter, HoldingsChannel.com reports. The fund owned 45,262 shares of the oil and gas exploration company’s stock after selling 507 shares during the quarter. Hantz Financial Services Inc.’s holdings in ENI were worth $1,372,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. GAMMA Investing LLC grew its stake in shares of ENI by 19.8% in the 2nd quarter. GAMMA Investing LLC now owns 2,442 shares of the oil and gas exploration company’s stock valued at $75,000 after buying an additional 404 shares during the period. Allspring Global Investments Holdings LLC grew its stake in ENI by 138.5% in the second quarter. Allspring Global Investments Holdings LLC now owns 5,542 shares of the oil and gas exploration company’s stock valued at $171,000 after acquiring an additional 3,218 shares during the period. Wealth Enhancement Advisory Services LLC bought a new stake in shares of ENI during the third quarter valued at approximately $212,000. Townsquare Capital LLC acquired a new position in shares of ENI during the third quarter worth approximately $231,000. Finally, Aaron Wealth Advisors LLC bought a new position in shares of ENI in the 3rd quarter worth $239,000. Institutional investors and hedge funds own 1.18% of the company’s stock.

ENI Price Performance

Shares of NYSE E opened at $28.18 on Monday. The company has a quick ratio of 1.07, a current ratio of 1.27 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $47.57 billion, a PE ratio of 16.87, a PEG ratio of 1.23 and a beta of 0.95. The stock’s 50 day moving average price is $30.27 and its 200-day moving average price is $30.83. Eni S.p.A. has a twelve month low of $28.03 and a twelve month high of $34.30.

Analyst Ratings Changes

A number of brokerages have commented on E. BNP Paribas upgraded shares of ENI from an “underperform” rating to a “neutral” rating in a research note on Friday, September 13th. Morgan Stanley upgraded ENI from an “equal weight” rating to an “overweight” rating and set a $39.60 price target for the company in a research note on Thursday, August 29th. Sanford C. Bernstein downgraded ENI from an “outperform” rating to a “market perform” rating in a research note on Monday, September 23rd. StockNews.com raised ENI from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. Finally, Jefferies Financial Group reissued a “buy” rating on shares of ENI in a research report on Tuesday, October 15th. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $39.60.

About ENI

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.