97,299 Shares in Pampa Energía S.A. (NYSE:PAM) Purchased by Balyasny Asset Management L.P.

Balyasny Asset Management L.P. bought a new position in Pampa Energía S.A. (NYSE:PAM - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 97,299 shares of the utilities provider's stock, valued at approximately $8,556,000. Balyasny Asset Management L.P. owned 0.18% of Pampa Energía at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in PAM. Advisors Preferred LLC acquired a new position in Pampa Energía in the 4th quarter worth approximately $26,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Pampa Energía in the fourth quarter worth $49,000. Blue Trust Inc. boosted its position in shares of Pampa Energía by 62.7% in the fourth quarter. Blue Trust Inc. now owns 672 shares of the utilities provider's stock worth $59,000 after buying an additional 259 shares during the period. Compass Group LLC acquired a new stake in shares of Pampa Energía in the fourth quarter worth $152,000. Finally, Virtu Financial LLC acquired a new stake in shares of Pampa Energía in the fourth quarter worth $209,000. 12.77% of the stock is currently owned by institutional investors and hedge funds.

Pampa Energía Stock Up 3.2%

Shares of NYSE:PAM traded up $2.56 during trading on Tuesday, reaching $83.82. 389,065 shares of the company traded hands, compared to its average volume of 256,333. The firm has a market cap of $4.57 billion, a P/E ratio of 12.90 and a beta of 1.16. The company has a quick ratio of 2.13, a current ratio of 2.41 and a debt-to-equity ratio of 0.44. Pampa Energía S.A. has a 1-year low of $38.58 and a 1-year high of $97.55. The firm has a fifty day simple moving average of $75.45 and a 200 day simple moving average of $80.22.

Pampa Energía (NYSE:PAM - Get Free Report) last released its quarterly earnings data on Monday, May 12th. The utilities provider reported $2.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.92 by $0.89. Pampa Energía had a net margin of 19.86% and a return on equity of 12.15%. The business had revenue of $414.00 million during the quarter, compared to analyst estimates of $487.63 million. Analysts anticipate that Pampa Energía S.A. will post 9.33 earnings per share for the current fiscal year.

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.