Aquatic Capital Management LLC bought a new stake in Transportadora de Gas del Sur S.A. (NYSE:TGS - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 13,668 shares of the energy company's stock, valued at approximately $400,000.
A number of other institutional investors and hedge funds have also modified their holdings of TGS. Blue Trust Inc. increased its stake in Transportadora de Gas del Sur by 24.4% during the 4th quarter. Blue Trust Inc. now owns 5,276 shares of the energy company's stock worth $154,000 after buying an additional 1,036 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Transportadora de Gas del Sur by 118.8% during the fourth quarter. GAMMA Investing LLC now owns 3,150 shares of the energy company's stock worth $92,000 after purchasing an additional 1,710 shares in the last quarter. Ping Capital Management Inc. raised its stake in Transportadora de Gas del Sur by 4.9% in the 4th quarter. Ping Capital Management Inc. now owns 38,800 shares of the energy company's stock valued at $1,136,000 after purchasing an additional 1,800 shares during the last quarter. Insigneo Advisory Services LLC purchased a new position in Transportadora de Gas del Sur in the 4th quarter valued at $216,000. Finally, NewEdge Advisors LLC boosted its stake in Transportadora de Gas del Sur by 1,493.8% during the 4th quarter. NewEdge Advisors LLC now owns 9,451 shares of the energy company's stock worth $277,000 after purchasing an additional 8,858 shares during the last quarter. Hedge funds and other institutional investors own 3.29% of the company's stock.
Transportadora de Gas del Sur Trading Down 1.0 %
Shares of NYSE:TGS traded down $0.26 during midday trading on Monday, reaching $25.27. 226,510 shares of the company's stock were exchanged, compared to its average volume of 247,356. The stock has a market cap of $3.80 billion, a price-to-earnings ratio of 23.40 and a beta of 0.73. Transportadora de Gas del Sur S.A. has a fifty-two week low of $14.16 and a fifty-two week high of $34.37. The firm's 50 day simple moving average is $25.79 and its two-hundred day simple moving average is $27.01. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.67 and a quick ratio of 2.64.
Analyst Ratings Changes
Several research firms have recently weighed in on TGS. Citigroup started coverage on shares of Transportadora de Gas del Sur in a research note on Wednesday, February 12th. They issued a "buy" rating and a $35.00 price target on the stock. StockNews.com upgraded Transportadora de Gas del Sur from a "buy" rating to a "strong-buy" rating in a report on Wednesday, February 19th.
Read Our Latest Research Report on TGS
Transportadora de Gas del Sur Profile
(
Free Report)
Transportadora de Gas del Sur SA engages in transportation of natural gas, and production and commercialization of natural gas liquids in Argentina and internationally. The company operates through four segments: Natural Gas Transportation Services; Liquids Production and Commercialization; Midstream; and Telecommunications.
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