Comerica Bank raised its stake in Eni SpA (NYSE:E) by 6.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 106,988 shares of the oil and gas exploration company’s stock after buying an additional 6,082 shares during the period. Comerica Bank’s holdings in ENI were worth $3,683,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of E. Moody National Bank Trust Division acquired a new position in shares of ENI in the 3rd quarter valued at $846,000. Financial Counselors Inc. acquired a new position in shares of ENI during the 3rd quarter valued at $383,000. Greenleaf Trust lifted its holdings in shares of ENI by 48.4% during the 3rd quarter. Greenleaf Trust now owns 21,047 shares of the oil and gas exploration company’s stock valued at $793,000 after acquiring an additional 6,865 shares in the last quarter. OLD National Bancorp IN acquired a new position in shares of ENI during the 3rd quarter valued at $550,000. Finally, Oppenheimer Asset Management Inc. lifted its holdings in shares of ENI by 4.2% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 117,792 shares of the oil and gas exploration company’s stock valued at $4,436,000 after acquiring an additional 4,714 shares in the last quarter. 1.70% of the stock is owned by institutional investors.

E has been the topic of several recent research reports. Bank of America upgraded shares of ENI from a “neutral” rating to a “buy” rating in a report on Friday, October 5th. Barclays downgraded shares of ENI from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, September 11th. Zacks Investment Research downgraded shares of ENI from a “hold” rating to a “sell” rating in a research note on Monday, October 8th. Berenberg Bank began coverage on shares of ENI in a research note on Tuesday, September 11th. They set a “hold” rating on the stock. Finally, JPMorgan Chase & Co. reaffirmed a “sell” rating on shares of ENI in a research note on Tuesday, August 7th. Three analysts have rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $37.12.

E opened at $33.70 on Tuesday. The stock has a market capitalization of $62.00 billion, a PE ratio of 22.32, a P/E/G ratio of 0.55 and a beta of 0.76. Eni SpA has a 1-year low of $32.13 and a 1-year high of $40.15. The company has a quick ratio of 1.24, a current ratio of 1.40 and a debt-to-equity ratio of 0.39.

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ENI Profile

Eni S.p.A. engages in the oil and gas, electricity generation and sale, and petrochemicals businesses. The company is involved in the oil and natural gas exploration, and field development and production activities, as well as liquefied natural gas (LNG) operations in 46 countries, including Italy, Libya, Egypt, Norway, the United Kingdom, Angola, Congo, Nigeria, the United States, Kazakhstan, Algeria, Australia, Venezuela, Iraq, Indonesia, Ghana, and Mozambique.

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Institutional Ownership by Quarter for ENI (NYSE:E)

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