Wetherby Asset Management Inc. grew its holdings in Eni SpA (NYSE:E) by 12.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,078 shares of the oil and gas exploration company’s stock after buying an additional 1,906 shares during the quarter. Wetherby Asset Management Inc.’s holdings in ENI were worth $567,000 as of its most recent filing with the SEC.
Several other hedge funds have also made changes to their positions in the company. Virtu Financial LLC acquired a new position in shares of ENI in the 4th quarter valued at $340,000. Raymond James Financial Services Advisors Inc. acquired a new position in shares of ENI in the 4th quarter valued at $259,000. Eagle Asset Management Inc. raised its stake in shares of ENI by 38.4% in the 4th quarter. Eagle Asset Management Inc. now owns 8,950 shares of the oil and gas exploration company’s stock valued at $304,000 after buying an additional 2,481 shares in the last quarter. AMG National Trust Bank raised its stake in shares of ENI by 11.1% in the 4th quarter. AMG National Trust Bank now owns 89,358 shares of the oil and gas exploration company’s stock valued at $2,966,000 after buying an additional 8,907 shares in the last quarter. Finally, First Trust Advisors LP raised its stake in shares of ENI by 85.4% in the 4th quarter. First Trust Advisors LP now owns 26,037 shares of the oil and gas exploration company’s stock valued at $864,000 after buying an additional 11,995 shares in the last quarter. Institutional investors own 1.73% of the company’s stock.
Shares of Eni SpA (NYSE E) opened at $33.67 on Tuesday. Eni SpA has a fifty-two week low of $29.44 and a fifty-two week high of $37.48. The company has a current ratio of 1.27, a quick ratio of 1.10 and a debt-to-equity ratio of 0.44. The company has a market cap of $61,563.11, a PE ratio of 33.88 and a beta of 0.89.
E has been the subject of a number of recent analyst reports. upgraded shares of ENI from a “hold” rating to a “buy” rating in a research report on Tuesday, November 7th. Zacks Investment Research upgraded shares of ENI from a “hold” rating to a “buy” rating and set a $42.00 target price for the company in a research report on Monday, January 29th. Finally, Goldman Sachs Group reiterated a “buy” rating on shares of ENI in a research report on Monday, December 11th. Five analysts have rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company’s stock. ENI currently has a consensus rating of “Hold” and an average target price of $29.00.
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ENI Company Profile
Eni SpA (Eni) is an Italy-based company engaged in the exploration, development and production of hydrocarbons, in the supply and marketing of gas, liquefied natural gas (LNG) and power, in the refining and marketing of petroleum products, in the production and marketing of basic petrochemicals, plastics and elastomers and in commodity trading.
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