Blue Trust Inc. Purchases 4,375 Shares of Eni S.p.A. (NYSE:E)

Blue Trust Inc. grew its holdings in Eni S.p.A. (NYSE:E) by 22.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 23,445 shares of the oil and gas exploration company’s stock after acquiring an additional 4,375 shares during the quarter. Blue Trust Inc.’s holdings in ENI were worth $711,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Sei Investments Co. increased its stake in ENI by 11.2% during the 2nd quarter. Sei Investments Co. now owns 8,177 shares of the oil and gas exploration company’s stock worth $252,000 after acquiring an additional 823 shares during the period. Bank of Montreal Can increased its position in shares of ENI by 15.6% in the second quarter. Bank of Montreal Can now owns 67,552 shares of the oil and gas exploration company’s stock worth $2,080,000 after purchasing an additional 9,109 shares during the period. AQR Capital Management LLC raised its stake in ENI by 4.1% in the second quarter. AQR Capital Management LLC now owns 17,303 shares of the oil and gas exploration company’s stock valued at $533,000 after purchasing an additional 676 shares in the last quarter. Creative Planning lifted its position in ENI by 17.9% during the second quarter. Creative Planning now owns 46,845 shares of the oil and gas exploration company’s stock worth $1,442,000 after purchasing an additional 7,127 shares during the period. Finally, Point72 Asset Management L.P. acquired a new stake in ENI during the second quarter worth about $1,250,000. 1.18% of the stock is currently owned by institutional investors and hedge funds.

ENI Stock Down 0.4 %

Shares of E opened at $28.00 on Thursday. The stock has a market capitalization of $47.25 billion, a price-to-earnings ratio of 16.76, a PEG ratio of 1.82 and a beta of 0.93. Eni S.p.A. has a 52 week low of $26.12 and a 52 week high of $33.78. 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 stock has a fifty day moving average of $27.91 and a 200-day moving average of $29.95.

Analyst Upgrades and Downgrades

E has been the subject of a number of recent analyst reports. Morgan Stanley reaffirmed an “equal weight” rating and set a $31.60 price target (down previously from $37.50) on shares of ENI in a report on Tuesday, January 7th. UBS Group downgraded ENI from a “buy” rating to a “neutral” rating in a report on Wednesday, January 8th. StockNews.com cut ENI from a “buy” rating to a “hold” rating in a report on Wednesday. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of ENI in a research note on Tuesday, October 15th. Seven research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $31.60.

About ENI

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.