Eni SpA (NYSE:E) Shares Acquired by Quadrant Capital Group LLC

Quadrant Capital Group LLC raised its stake in shares of Eni SpA (NYSE:E) by 5.6% during the second quarter, HoldingsChannel reports. The firm owned 12,052 shares of the oil and gas exploration company’s stock after purchasing an additional 642 shares during the quarter. Quadrant Capital Group LLC’s holdings in ENI were worth $387,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the business. Bank of New York Mellon Corp boosted its holdings in shares of ENI by 4.6% during the 4th quarter. Bank of New York Mellon Corp now owns 31,206 shares of the oil and gas exploration company’s stock valued at $983,000 after acquiring an additional 1,374 shares in the last quarter. Geode Capital Management LLC lifted its holdings in ENI by 12.7% during the 4th quarter. Geode Capital Management LLC now owns 36,491 shares of the oil and gas exploration company’s stock worth $1,149,000 after buying an additional 4,104 shares during the period. We Are One Seven LLC lifted its holdings in ENI by 79.8% during the 1st quarter. We Are One Seven LLC now owns 7,449 shares of the oil and gas exploration company’s stock worth $262,000 after buying an additional 3,305 shares during the period. Vigilant Capital Management LLC acquired a new position in ENI during the 1st quarter worth about $86,000. Finally, Mercer Global Advisors Inc. ADV acquired a new position in ENI during the 1st quarter worth about $350,000. Institutional investors and hedge funds own 1.67% of the company’s stock.

Several brokerages have commented on E. Zacks Investment Research raised ENI from a “strong sell” rating to a “hold” rating and set a $27.00 target price on the stock in a report on Thursday, July 18th. Santander raised ENI from a “hold” rating to a “buy” rating in a research report on Monday, June 17th. Finally, Citigroup lowered ENI from a “buy” rating to a “neutral” rating in a research report on Tuesday, May 7th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company’s stock. ENI currently has a consensus rating of “Hold” and an average target price of $22.00.

ENI stock traded down $0.18 during midday trading on Monday, reaching $30.14. The stock had a trading volume of 12,401 shares, compared to its average volume of 160,783. Eni SpA has a 12 month low of $29.75 and a 12 month high of $39.16. The company has a market cap of $55.09 billion, a P/E ratio of 10.06, a P/E/G ratio of 3.83 and a beta of 0.71. The business has a fifty day moving average price of $32.34. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.32 and a quick ratio of 1.17.

ENI (NYSE:E) last issued its earnings results on Friday, July 26th. The oil and gas exploration company reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.29). ENI had a net margin of 4.59% and a return on equity of 8.42%. The firm had revenue of $21.16 billion during the quarter. On average, equities analysts expect that Eni SpA will post 2.31 EPS for the current year.

ENI Profile

Eni S.p.A. engages in the oil and gas, electricity generation and sale, and petrochemicals businesses. The company is involved in the oil and natural gas exploration, and field development and production activities, as well as liquefied natural gas (LNG) operations in 43 countries, including Italy, Libya, Egypt, Norway, the United Kingdom, Angola, Congo, Nigeria, the United States, Kazakhstan, Algeria, Australia, Iraq, Indonesia, Ghana, Mozambique, Oman, and the United Arab Emirates.

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Institutional Ownership by Quarter for ENI (NYSE:E)

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