Todd Asset Management LLC Increases Position in Eni S.p.A. (NYSE:E)

Todd Asset Management LLC raised its position in Eni S.p.A. (NYSE:E) by 4.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 117,000 shares of the oil and gas exploration company’s stock after purchasing an additional 5,300 shares during the quarter. Todd Asset Management LLC’s holdings in ENI were worth $3,201,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Caprock Group LLC grew its stake in shares of ENI by 3.9% in the third quarter. Caprock Group LLC now owns 9,025 shares of the oil and gas exploration company’s stock worth $279,000 after acquiring an additional 336 shares in the last quarter. MML Investors Services LLC grew its stake in shares of ENI by 7.6% in the third quarter. MML Investors Services LLC now owns 8,144 shares of the oil and gas exploration company’s stock worth $247,000 after acquiring an additional 576 shares in the last quarter. Allworth Financial LP grew its stake in shares of ENI by 30.5% in the fourth quarter. Allworth Financial LP now owns 2,488 shares of the oil and gas exploration company’s stock worth $70,000 after acquiring an additional 581 shares in the last quarter. Oppenheimer Asset Management Inc. grew its stake in shares of ENI by 5.9% in the third quarter. Oppenheimer Asset Management Inc. now owns 10,853 shares of the oil and gas exploration company’s stock worth $329,000 after acquiring an additional 608 shares in the last quarter. Finally, First Trust Direct Indexing L.P. grew its stake in shares of ENI by 2.8% during the third quarter. First Trust Direct Indexing L.P. now owns 33,473 shares of the oil and gas exploration company’s stock worth $1,015,000 after purchasing an additional 917 shares in the last quarter. Hedge funds and other institutional investors own 1.18% of the company’s stock.

ENI Price Performance

Shares of E opened at $29.68 on Wednesday. Eni S.p.A. has a 1-year low of $26.12 and a 1-year high of $33.78. The stock has a market cap of $50.10 billion, a PE ratio of 17.77, a price-to-earnings-growth ratio of 1.86 and a beta of 0.92. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.27 and a quick ratio of 1.07. The firm has a fifty day moving average price of $28.19 and a 200 day moving average price of $29.66.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. UBS Group downgraded shares of ENI from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 8th. StockNews.com downgraded shares of ENI from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, Morgan Stanley reiterated an “equal weight” rating and set a $31.60 target price (down previously from $37.50) on shares of ENI in a research note on Tuesday, January 7th. Seven research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $31.60.

ENI 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.