Ativo Capital Management LLC Has $1.14 Million Stock Position in Eni S.p.A. (NYSE:E)

Ativo Capital Management LLC cut its stake in shares of Eni S.p.A. (NYSE:E) by 1.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 37,611 shares of the oil and gas exploration company’s stock after selling 477 shares during the period. Ativo Capital Management LLC’s holdings in ENI were worth $1,140,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. GAMMA Investing LLC grew its position 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. Allspring Global Investments Holdings LLC grew its holdings in ENI by 138.5% during the second quarter. Allspring Global Investments Holdings LLC now owns 5,542 shares of the oil and gas exploration company’s stock worth $171,000 after purchasing an additional 3,218 shares during the period. Toronto Dominion Bank acquired a new position in ENI during the first quarter worth approximately $172,000. Wealth Enhancement Advisory Services LLC bought a new stake in ENI in the third quarter valued at approximately $212,000. Finally, Aaron Wealth Advisors LLC acquired a new stake in shares of ENI in the third quarter valued at approximately $239,000. 1.18% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

E has been the topic of a number of research analyst reports. Morgan Stanley upgraded ENI from an “equal weight” rating to an “overweight” rating and set a $39.60 price target on the stock in a research note on Thursday, August 29th. StockNews.com upgraded shares of ENI from a “hold” rating to a “buy” rating in a research note on Friday, November 1st. BNP Paribas raised shares of ENI from an “underperform” rating to a “neutral” rating in a report on Friday, September 13th. Sanford C. Bernstein cut shares of ENI from an “outperform” rating to a “market perform” rating in a report on Monday, September 23rd. Finally, Royal Bank of Canada upgraded ENI from a “sector perform” rating to an “outperform” rating in a report on Monday, July 29th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, ENI presently has a consensus rating of “Moderate Buy” and an average price target of $39.60.

ENI Price Performance

NYSE:E opened at $29.01 on Monday. Eni S.p.A. has a 52 week low of $28.74 and a 52 week high of $34.30. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.07 and a current ratio of 1.27. The firm’s 50-day simple moving average is $30.62 and its 200 day simple moving average is $30.98. The firm has a market cap of $48.97 billion, a price-to-earnings ratio of 17.37, a P/E/G ratio of 1.27 and a beta of 0.95.

About ENI

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.