Eni S.p.A. (NYSE:E) Stake Cut by Hantz Financial Services Inc.

Hantz Financial Services Inc. decreased its holdings in shares of Eni S.p.A. (NYSE:E) by 3.3% in the 4th quarter, Holdings Channel reports. The firm owned 43,753 shares of the oil and gas exploration company’s stock after selling 1,509 shares during the quarter. Hantz Financial Services Inc.’s holdings in ENI were worth $1,197,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. GAMMA Investing LLC boosted its position in ENI by 25.9% during the 3rd quarter. GAMMA Investing LLC now owns 3,075 shares of the oil and gas exploration company’s stock valued at $93,000 after purchasing an additional 633 shares during the period. R Squared Ltd bought a new stake in ENI in the fourth quarter valued at $103,000. Wealth Enhancement Advisory Services LLC acquired a new position in shares of ENI during the third quarter valued at $212,000. Park Avenue Securities LLC bought a new position in shares of ENI during the fourth quarter worth about $216,000. Finally, Townsquare Capital LLC acquired a new stake in shares of ENI in the 3rd quarter worth about $231,000. 1.18% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on E shares. UBS Group lowered shares of ENI from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 8th. Jefferies Financial Group reiterated a “buy” rating on shares of ENI in a research report on Tuesday, October 15th. StockNews.com cut ENI from a “buy” rating to a “hold” rating in a research note on Wednesday. Finally, Morgan Stanley reiterated an “equal weight” rating and issued a $31.60 target price (down previously from $37.50) on shares of ENI in a research report on Tuesday, January 7th. Seven analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, ENI presently has an average rating of “Hold” and an average target price of $31.60.

ENI Trading Down 1.1 %

Shares of E stock opened at $28.15 on Friday. The stock has a 50-day simple moving average of $27.88 and a 200 day simple moving average of $29.93. The stock has a market capitalization of $47.52 billion, a P/E ratio of 16.86, a P/E/G ratio of 1.82 and a beta of 0.93. Eni S.p.A. has a fifty-two week low of $26.12 and a fifty-two week high of $33.78. The company has a quick ratio of 1.07, a current ratio of 1.27 and a debt-to-equity ratio of 0.41.

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.