Eni SpA (NYSE:E) Shares Bought by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA increased its position in Eni SpA (NYSE:E - Free Report) by 44.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 405,655 shares of the oil and gas exploration company's stock after buying an additional 125,413 shares during the quarter. Massachusetts Financial Services Co. MA's holdings in ENI were worth $12,547,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Invesco Ltd. boosted its holdings in shares of ENI by 13.1% during the 4th quarter. Invesco Ltd. now owns 33,464 shares of the oil and gas exploration company's stock valued at $916,000 after buying an additional 3,877 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of ENI by 76.8% during the 1st quarter. GAMMA Investing LLC now owns 3,376 shares of the oil and gas exploration company's stock valued at $104,000 after buying an additional 1,467 shares in the last quarter. Millennium Management LLC boosted its holdings in shares of ENI by 215.8% during the 4th quarter. Millennium Management LLC now owns 327,201 shares of the oil and gas exploration company's stock valued at $8,952,000 after buying an additional 223,597 shares in the last quarter. Optiver Holding B.V. boosted its holdings in shares of ENI by 1,885.2% during the 4th quarter. Optiver Holding B.V. now owns 273,042 shares of the oil and gas exploration company's stock valued at $7,470,000 after buying an additional 259,288 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings in shares of ENI by 10.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 9,936 shares of the oil and gas exploration company's stock valued at $307,000 after buying an additional 937 shares in the last quarter. Institutional investors own 1.18% of the company's stock.

ENI Trading Up 1.4%

E traded up $0.48 on Wednesday, reaching $33.98. 216,987 shares of the company traded hands, compared to its average volume of 295,214. Eni SpA has a one year low of $24.65 and a one year high of $34.01. The firm has a fifty day simple moving average of $31.63 and a two-hundred day simple moving average of $29.81. The company has a market cap of $57.35 billion, a P/E ratio of 20.34 and a beta of 0.90. The company has a quick ratio of 1.00, a current ratio of 1.16 and a debt-to-equity ratio of 0.35.

ENI (NYSE:E - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The oil and gas exploration company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.01. The firm had revenue of $25.61 billion during the quarter, compared to the consensus estimate of $25.52 billion. ENI had a return on equity of 9.16% and a net margin of 2.85%. As a group, equities research analysts expect that Eni SpA will post 3.74 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Citigroup reiterated a "neutral" rating on shares of ENI in a research note on Friday, July 11th. Redburn Atlantic cut shares of ENI from a "buy" rating to a "neutral" rating in a research note on Wednesday, April 23rd. Finally, Kepler Capital Markets cut shares of ENI from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, May 20th. Eight investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price 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.