Balyasny Asset Management L.P. Acquires Shares of 335,208 Transportadora de Gas del Sur S.A. (NYSE:TGS)

Balyasny Asset Management L.P. bought a new position in Transportadora de Gas del Sur S.A. (NYSE:TGS - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 335,208 shares of the energy company's stock, valued at approximately $9,812,000. Balyasny Asset Management L.P. owned about 0.22% of Transportadora de Gas del Sur 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. GAMMA Investing LLC raised its position in shares of Transportadora de Gas del Sur by 118.8% in the 4th 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 during the last quarter. Blue Trust Inc. raised its holdings in Transportadora de Gas del Sur by 24.4% in the fourth quarter. Blue Trust Inc. now owns 5,276 shares of the energy company's stock worth $154,000 after purchasing an additional 1,036 shares in the last quarter. Insigneo Advisory Services LLC bought a new position in Transportadora de Gas del Sur in the fourth quarter worth about $216,000. NewEdge Advisors LLC raised its holdings in Transportadora de Gas del Sur by 1,493.8% in the fourth 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 in the last quarter. Finally, Aquatic Capital Management LLC acquired a new position in shares of Transportadora de Gas del Sur during the fourth quarter valued at about $400,000. Institutional investors own 3.29% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. StockNews.com downgraded shares of Transportadora de Gas del Sur from a "strong-buy" rating to a "buy" rating in a report on Monday. Santander upgraded Transportadora de Gas del Sur to an "outperform" rating in a research report on Wednesday. Finally, Citigroup began coverage on Transportadora de Gas del Sur in a research report on Wednesday, February 12th. They set a "buy" rating and a $35.00 target price on the stock.

Transportadora de Gas del Sur Trading Up 0.0%

TGS stock traded up $0.01 during mid-day trading on Wednesday, hitting $29.71. 227,883 shares of the company were exchanged, compared to its average volume of 247,742. The company has a quick ratio of 2.64, a current ratio of 2.67 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $4.47 billion, a P/E ratio of 27.51 and a beta of 0.73. The business has a fifty day simple moving average of $26.09 and a 200-day simple moving average of $27.22. Transportadora de Gas del Sur S.A. has a 12-month low of $14.16 and a 12-month high of $34.37.

About Transportadora de Gas del Sur

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.