Natixis Advisors LLC Has $77.18 Million Holdings in Eni S.p.A. (NYSE:E)

Natixis Advisors LLC increased its position in shares of Eni S.p.A. (NYSE:E - Free Report) by 12.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,546,312 shares of the oil and gas exploration company's stock after purchasing an additional 288,968 shares during the period. Natixis Advisors LLC owned approximately 0.15% of ENI worth $77,179,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC acquired a new position in ENI during the first quarter worth about $74,000. GAMMA Investing LLC raised 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 acquiring an additional 404 shares during the period. Toronto Dominion Bank purchased a new position in shares of ENI in the 1st quarter valued at $172,000. Wealth Enhancement Advisory Services LLC purchased a new position in shares of ENI in the 3rd quarter valued at $212,000. Finally, Pitcairn Co. purchased a new position in shares of ENI in the 1st quarter valued at $218,000. 1.18% of the stock is owned by hedge funds and other institutional investors.

ENI Price Performance

E traded up $0.20 during trading on Friday, reaching $29.69. The stock had a trading volume of 270,564 shares, compared to its average volume of 252,833. The stock has a 50 day moving average of $30.76 and a two-hundred day moving average of $31.08. The firm has a market capitalization of $50.12 billion, a price-to-earnings ratio of 17.78, a price-to-earnings-growth ratio of 1.30 and a beta of 0.95. Eni S.p.A. has a 1-year low of $28.74 and a 1-year high of $34.30. The company has a quick ratio of 1.07, a current ratio of 1.27 and a debt-to-equity ratio of 0.41.

Wall Street Analyst Weigh In

E has been the subject of a number of recent analyst reports. Sanford C. Bernstein lowered shares of ENI from an "outperform" rating to a "market perform" rating in a report on Monday, September 23rd. StockNews.com raised shares of ENI from a "hold" rating to a "buy" rating in a report on Friday, November 1st. BNP Paribas raised shares of ENI from an "underperform" rating to a "neutral" rating in a report on Friday, September 13th. Royal Bank of Canada raised shares of ENI from a "sector perform" rating to an "outperform" rating in a report on Monday, July 29th. Finally, Jefferies Financial Group reissued a "buy" rating on shares of ENI in a report on Tuesday, October 15th. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, ENI presently has a consensus rating of "Moderate Buy" and an average target price 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.