Sonora Investment Management Group LLC Has $267,000 Stock Holdings in Eni S.p.A. (NYSE:E)

Sonora Investment Management Group LLC trimmed its holdings in shares of Eni S.p.A. (NYSE:E) by 23.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 9,750 shares of the oil and gas exploration company’s stock after selling 3,000 shares during the period. Sonora Investment Management Group LLC’s holdings in ENI were worth $267,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Natixis Advisors LLC boosted its stake in shares of ENI by 12.8% during the 3rd quarter. Natixis Advisors LLC now owns 2,546,312 shares of the oil and gas exploration company’s stock worth $77,179,000 after buying an additional 288,968 shares during the last quarter. FMR LLC lifted its stake in ENI by 33.5% in the 3rd quarter. FMR LLC now owns 583,677 shares of the oil and gas exploration company’s stock valued at $17,691,000 after purchasing an additional 146,431 shares during the last quarter. Raymond James & Associates lifted its stake in ENI by 0.7% in the 3rd quarter. Raymond James & Associates now owns 503,920 shares of the oil and gas exploration company’s stock valued at $15,274,000 after purchasing an additional 3,738 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in ENI by 5.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 206,731 shares of the oil and gas exploration company’s stock valued at $6,266,000 after purchasing an additional 10,535 shares during the last quarter. Finally, Fisher Asset Management LLC lifted its stake in ENI by 9.2% in the 3rd quarter. Fisher Asset Management LLC now owns 126,046 shares of the oil and gas exploration company’s stock valued at $3,820,000 after purchasing an additional 10,589 shares during the last quarter. 1.18% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

ENI Stock Down 1.1 %

ENI stock opened at $28.15 on Friday. The stock has a market cap 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. 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 S.p.A. has a twelve month low of $26.12 and a twelve month high of $33.78. The company’s 50-day moving average price is $27.88 and its two-hundred day moving average price is $29.93.

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.