Townsquare Capital LLC Acquires Shares of 9,074 Eni SpA $E

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Townsquare Capital LLC acquired a new stake in shares of Eni SpA (NYSE:E - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 9,074 shares of the oil and gas exploration company's stock, valued at approximately $281,000.

Other large investors also recently added to or reduced their stakes in the company. Invesco Ltd. grew its holdings in ENI by 13.1% during the 4th quarter. Invesco Ltd. now owns 33,464 shares of the oil and gas exploration company's stock worth $916,000 after acquiring an additional 3,877 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of ENI by 76.8% in 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% in 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% in 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 increased its stake in 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 purchasing an additional 937 shares in the last quarter. 1.18% of the stock is owned by hedge funds and other institutional investors.

ENI Stock Down 0.7%

E stock opened at $34.98 on Tuesday. The firm has a market cap of $59.04 billion, a PE ratio of 21.59 and a beta of 0.95. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.02 and a current ratio of 1.18. The firm's fifty day moving average is $33.32 and its 200 day moving average is $30.61. Eni SpA has a one year low of $24.65 and a one year high of $35.46.

ENI (NYSE:E - Get Free Report) last released its quarterly earnings results on Friday, July 25th. The oil and gas exploration company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.67 by $0.12. The company had revenue of $22.08 billion for the quarter, compared to analyst estimates of $23.54 billion. ENI had a net margin of 2.84% and a return on equity of 8.53%. On average, research analysts forecast that Eni SpA will post 3.74 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on E shares. Kepler Capital Markets lowered shares of ENI from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, May 20th. Redburn Atlantic lowered shares of ENI from a "buy" rating to a "neutral" rating in a research note on Wednesday, April 23rd. Finally, Citigroup reiterated a "neutral" rating on shares of ENI in a research note on Friday, July 11th. Eight equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $31.60.

ENI 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.

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