12,785 Shares in Pampa Energía S.A. (NYSE:PAM) Bought by Aquatic Capital Management LLC

Aquatic Capital Management LLC bought a new position in shares of Pampa Energía S.A. (NYSE:PAM - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 12,785 shares of the utilities provider's stock, valued at approximately $1,124,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Tidal Investments LLC bought a new position in Pampa Energía during the third quarter worth $997,000. JPMorgan Chase & Co. lifted its stake in shares of Pampa Energía by 40.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 158,448 shares of the utilities provider's stock valued at $9,513,000 after purchasing an additional 45,409 shares during the period. GAMMA Investing LLC boosted its position in shares of Pampa Energía by 75.9% during the 4th quarter. GAMMA Investing LLC now owns 2,464 shares of the utilities provider's stock valued at $217,000 after purchasing an additional 1,063 shares in the last quarter. TT International Asset Management LTD grew its stake in Pampa Energía by 250.9% during the fourth quarter. TT International Asset Management LTD now owns 1,206,603 shares of the utilities provider's stock worth $106,108,000 after purchasing an additional 862,723 shares during the period. Finally, Diversify Wealth Management LLC increased its holdings in Pampa Energía by 19.7% in the fourth quarter. Diversify Wealth Management LLC now owns 18,081 shares of the utilities provider's stock worth $1,716,000 after purchasing an additional 2,971 shares in the last quarter. Institutional investors own 12.77% of the company's stock.

Pampa Energía Stock Up 1.5 %

Shares of Pampa Energía stock traded up $1.01 during trading hours on Tuesday, reaching $69.94. The company's stock had a trading volume of 42,898 shares, compared to its average volume of 260,174. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.13 and a current ratio of 2.41. The stock's fifty day simple moving average is $75.49 and its two-hundred day simple moving average is $79.96. The company has a market capitalization of $3.81 billion, a P/E ratio of 10.77 and a beta of 1.16. Pampa Energía S.A. has a one year low of $38.58 and a one year high of $97.55.

Pampa Energía (NYSE:PAM - Get Free Report) last issued its quarterly earnings data on Wednesday, March 5th. The utilities provider reported $1.90 earnings per share for the quarter. The business had revenue of $435.00 million for the quarter, compared to analysts' expectations of $454.61 million. Pampa Energía had a return on equity of 12.15% and a net margin of 19.86%. On average, research analysts forecast that Pampa Energía S.A. will post 9.33 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. raised their price objective on shares of Pampa Energía from $59.00 to $93.50 and gave the stock a "neutral" rating in a research report on Friday, January 10th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, Pampa Energía presently has a consensus rating of "Hold" and an average target price of $71.63.

Pampa Energía Profile

Pampa Energía SA operates as an integrated power company in Argentina. The company operates through Electricity Generation, Oil and Gas, Petrochemicals, and Holding and Other Business segments. It generates electricity through thermal plants, hydroelectric plants, and wind farms with a 5,332 megawatt (MW) installed capacity.