Eni S.p.A. (NYSE:E) Shares Sold by Ativo Capital Management LLC

Ativo Capital Management LLC cut its position in Eni S.p.A. (NYSE:E) by 2.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,819 shares of the oil and gas exploration company’s stock after selling 792 shares during the quarter. Ativo Capital Management LLC’s holdings in ENI were worth $1,007,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of E. Natixis Advisors LLC grew its stake in shares of ENI by 12.8% in the third 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 buying an additional 288,968 shares in the last quarter. FMR LLC grew its stake in shares of ENI by 33.5% in the third quarter. FMR LLC now owns 583,677 shares of the oil and gas exploration company’s stock valued at $17,691,000 after buying an additional 146,431 shares in the last quarter. Mediolanum International Funds Ltd acquired a new position in ENI during the 3rd quarter worth $1,589,000. Crossmark Global Holdings Inc. grew its stake in ENI by 50.8% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 108,821 shares of the oil and gas exploration company’s stock worth $3,298,000 after purchasing an additional 36,646 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in ENI by 100.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 71,207 shares of the oil and gas exploration company’s stock worth $2,158,000 after purchasing an additional 35,730 shares in the last quarter. 1.18% of the stock is owned by institutional investors and hedge funds.

ENI Stock Performance

NYSE E opened at $29.05 on Friday. The company has a current ratio of 1.27, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The business’s 50 day moving average is $28.09 and its two-hundred day moving average is $29.70. Eni S.p.A. has a 12-month low of $26.12 and a 12-month high of $33.78. The stock has a market capitalization of $49.04 billion, a price-to-earnings ratio of 17.40, a PEG ratio of 1.84 and a beta of 0.92.

Analyst Upgrades and Downgrades

Several research analysts recently commented on E shares. StockNews.com raised ENI from a “hold” rating to a “buy” rating in a research note on Tuesday, February 11th. Morgan Stanley reissued an “equal weight” rating and set a $31.60 target price (down from $37.50) on shares of ENI in a research note on Tuesday, January 7th. Finally, UBS Group cut ENI from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 8th. Six research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, ENI presently has a consensus rating of “Hold” and an average price target of $31.60.

ENI Company Profile

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.