Eni S.p.A. (NYSE:E) Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP raised its stake in Eni S.p.A. (NYSE:E - Free Report) by 31.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 77,788 shares of the oil and gas exploration company's stock after buying an additional 18,585 shares during the quarter. Quantinno Capital Management LP's holdings in ENI were worth $2,358,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the business. Natixis Advisors LLC raised its holdings in shares of ENI by 12.8% in the 3rd quarter. Natixis Advisors LLC now owns 2,546,312 shares of the oil and gas exploration company's stock valued at $77,179,000 after purchasing an additional 288,968 shares during the period. Marshall Wace LLP acquired a new stake in ENI during the 2nd quarter worth about $6,875,000. FMR LLC grew its holdings in ENI by 33.5% in the third quarter. FMR LLC now owns 583,677 shares of the oil and gas exploration company's stock worth $17,691,000 after purchasing an additional 146,431 shares during the period. Teachers Retirement System of The State of Kentucky acquired a new stake in shares of ENI in the 2nd quarter worth about $3,141,000. Finally, Lighthouse Investment Partners LLC purchased a new position in ENI during the 2nd quarter worth $3,079,000. Institutional investors own 1.18% of the company's stock.

ENI Price Performance

Shares of NYSE E traded up $0.07 during midday trading on Wednesday, reaching $28.11. The stock had a trading volume of 187,474 shares, compared to its average volume of 290,353. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.27. Eni S.p.A. has a 12-month low of $27.79 and a 12-month high of $34.30. The stock has a 50-day moving average of $29.89 and a 200-day moving average of $30.67. The company has a market capitalization of $47.45 billion, a price-to-earnings ratio of 16.73, a price-to-earnings-growth ratio of 1.23 and a beta of 0.93.

Analyst Ratings Changes

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

ENI Company Profile

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.