Jane Street Group LLC lowered its stake in Eni S.p.A. (NYSE:E - Free Report) by 86.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,047 shares of the oil and gas exploration company's stock after selling 111,437 shares during the period. Jane Street Group LLC's holdings in ENI were worth $547,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC grew its holdings in ENI by 25.9% in the 3rd quarter. GAMMA Investing LLC now owns 3,075 shares of the oil and gas exploration company's stock worth $93,000 after acquiring an additional 633 shares during the last quarter. Allspring Global Investments Holdings LLC grew its stake in shares of 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 worth $171,000 after purchasing an additional 3,218 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in ENI during the 3rd quarter valued at about $212,000. Townsquare Capital LLC bought a new position in ENI during the 3rd quarter valued at approximately $231,000. Finally, Aaron Wealth Advisors LLC purchased a new stake in ENI in the 3rd quarter worth approximately $239,000. Institutional investors own 1.18% of the company's stock.
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on E shares. Sanford C. Bernstein downgraded shares of ENI from an "outperform" rating to a "market perform" rating in a research note on Monday, September 23rd. BNP Paribas raised ENI from an "underperform" rating to a "neutral" rating in a research report on Friday, September 13th. Jefferies Financial Group restated a "buy" rating on shares of ENI in a research report on Tuesday, October 15th. Finally, StockNews.com raised ENI from a "hold" rating to a "buy" rating in a research report on Friday, November 1st. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $39.60.
Get Our Latest Report on ENI
ENI Stock Up 1.6 %
E stock traded up $0.44 on Monday, reaching $28.14. 264,836 shares of the company traded hands, compared to its average volume of 262,745. The firm has a fifty day simple moving average of $28.42 and a 200-day simple moving average of $30.23. The company has a market cap of $47.50 billion, a P/E ratio of 16.85, a price-to-earnings-growth ratio of 1.68 and a beta of 0.93. Eni S.p.A. has a one year low of $26.12 and a one year high of $33.78. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.27 and a quick ratio of 1.07.
About ENI
(
Free Report)
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.
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