Rhumbline Advisers Reduces Holdings in Eni S.p.A. (NYSE:E)

Rhumbline Advisers lowered its position in Eni S.p.A. (NYSE:E – Free Report) by 42.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,659 shares of the oil and gas exploration company’s stock after selling 1,960 shares during the period. Rhumbline [...]

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Rhumbline Advisers lowered its position in Eni S.p.A.

( NYSE:E – Free Report ) by 42.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,659 shares of the oil and gas exploration company’s stock after selling 1,960 shares during the period.



Rhumbline Advisers’ holdings in ENI were worth $82,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other large investors have also modified their holdings of E. Allspring Global Investments Holdings LLC purchased a new stake in ENI in the first quarter worth about $74,000.

GAMMA Investing LLC increased its holdings 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.

Barometer Capital Management Inc. bought a new position in shares of ENI in the 4th quarter worth $119,000. Toronto Dominion Bank purchased a new stake in shares of ENI during the 1st quarter worth $172,000.

Finally, Arkadios Wealth Advisors purchased a new position in ENI in the first quarter valued at about $218,000. Hedge funds and other institutional investors own 1.18% of the company’s stock.

ENI Stock Performance NYSE E opened at $30.45 on Tuesday. Eni S.

p.A. has a twelve month low of $28.

82 and a twelve month high of $34.30. The stock has a market cap of $51.

40 billion, a PE ratio of 13.13, a P/E/G ratio of 1.34 and a beta of 0.

96. The stock has a fifty day simple moving average of $31.48 and a 200-day simple moving average of $31.

49. The company has a current ratio of 1.28, a quick ratio of 1.

09 and a debt-to-equity ratio of 0.42. Wall Street Analyst Weigh In E has been the subject of several recent analyst reports.

Morgan Stanley raised ENI from an “equal weight” rating to an “overweight” rating and set a $39.60 price target for the company in a report on Thursday, August 29th. Redburn Atlantic raised ENI from a “neutral” rating to a “buy” rating in a report on Tuesday, June 25th.

Royal Bank of Canada raised shares of ENI from a “sector perform” rating to an “outperform” rating in a report on Monday, July 29th. BNP Paribas upgraded shares of ENI from an “underperform” rating to a “neutral” rating in a research report on Friday, September 13th. Finally, Stifel Nicolaus cut ENI from a “buy” rating to a “hold” rating in a report on Friday, July 19th.

Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $39.

60. Check Out Our Latest Stock Analysis on E About ENI ( Free Report ) 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. Recommended Stories Five stocks we like better than ENI 3 Ways To Invest In Coffee, Other Than Drinking It TJX Stock: A Buying Opportunity Before the Holiday Rush How to Plot Fibonacci Price Inflection Levels Micron’s Blowout Results Pave the Way for Seagate’s Stock Surge Trading Halts Explained Zeta Global’s AI Cloud: Your Secret Weapon for Massive Growth Receive News & Ratings for ENI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ENI and related companies with MarketBeat.com's FREE daily email newsletter .

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