Eni S.p.A. (NYSE:E) Shares Purchased by Harvest Portfolios Group Inc.

Harvest Portfolios Group Inc. raised its position in Eni S.p.A. (NYSE:E) by 11.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 54,703 shares of the oil and gas exploration company’s stock after buying an additional 5,726 shares during the period. Harvest Portfolios Group Inc.’s holdings in ENI were worth $1,658,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. GAMMA Investing LLC boosted its position in ENI by 19.8% during the second quarter. GAMMA Investing LLC now owns 2,442 shares of the oil and gas exploration company’s stock worth $75,000 after acquiring an additional 404 shares during the last quarter. O Shaughnessy Asset Management LLC grew its position in shares of ENI by 0.8% in the first quarter. O Shaughnessy Asset Management LLC now owns 58,884 shares of the oil and gas exploration company’s stock valued at $1,868,000 after purchasing an additional 470 shares in the last quarter. Gallacher Capital Management LLC increased its holdings in shares of ENI by 3.3% in the second quarter. Gallacher Capital Management LLC now owns 15,726 shares of the oil and gas exploration company’s stock valued at $484,000 after purchasing an additional 504 shares during the last quarter. GQG Partners LLC lifted its position in ENI by 0.7% during the first quarter. GQG Partners LLC now owns 84,193 shares of the oil and gas exploration company’s stock worth $2,671,000 after buying an additional 596 shares in the last quarter. Finally, Evergreen Capital Management LLC grew its holdings in ENI by 5.2% in the 2nd quarter. Evergreen Capital Management LLC now owns 12,753 shares of the oil and gas exploration company’s stock valued at $393,000 after buying an additional 626 shares in the last quarter. 1.18% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently commented on E. Royal Bank of Canada upgraded ENI from a “sector perform” rating to an “outperform” rating in a report on Monday, July 29th. Jefferies Financial Group reaffirmed a “buy” rating on shares of ENI in a research note on Tuesday, October 15th. BNP Paribas raised shares of ENI from an “underperform” rating to a “neutral” rating in a research note on Friday, September 13th. Sanford C. Bernstein lowered shares of ENI from an “outperform” rating to a “market perform” rating in a research report on Monday, September 23rd. Finally, Stifel Nicolaus lowered ENI from a “buy” rating to a “hold” rating in a research report on Friday, July 19th. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $39.60.

ENI Stock Performance

Shares of E stock opened at $30.09 on Thursday. 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 has a market cap of $50.79 billion, a P/E ratio of 18.02, a P/E/G ratio of 1.29 and a beta of 0.95. The firm’s 50 day moving average price is $31.06 and its 200-day moving average price is $31.23. Eni S.p.A. has a one year low of $28.82 and a one year high of $34.30.

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.