Brevan Howard Capital Management LP Boosts Holdings in Pampa Energía S.A. (NYSE:PAM)

Brevan Howard Capital Management LP lifted its holdings in Pampa Energía S.A. (NYSE:PAM - Free Report) by 27.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 258,348 shares of the utilities provider's stock after buying an additional 54,923 shares during the quarter. Pampa Energía makes up about 0.1% of Brevan Howard Capital Management LP's portfolio, making the stock its 21st biggest position. Brevan Howard Capital Management LP owned 0.47% of Pampa Energía worth $22,786,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Blue Trust Inc. increased its stake in 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 purchasing an additional 259 shares during the period. Advisors Preferred LLC purchased a new position in Pampa Energía in the 4th quarter worth about $26,000. LPL Financial LLC increased its stake in Pampa Energía by 8.2% in the 4th quarter. LPL Financial LLC now owns 3,879 shares of the utilities provider's stock worth $341,000 after buying an additional 293 shares during the period. Stratos Wealth Partners LTD. lifted its holdings in Pampa Energía by 2.8% during the 4th quarter. Stratos Wealth Partners LTD. now owns 12,811 shares of the utilities provider's stock valued at $1,127,000 after buying an additional 344 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new stake in Pampa Energía in the 4th quarter valued at about $49,000. 12.77% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. raised their target price 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 research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $71.63.

Pampa Energía Stock Up 0.8 %

NYSE PAM traded up $0.57 during trading on Thursday, reaching $72.22. 149,827 shares of the company's stock traded hands, compared to its average volume of 256,150. Pampa Energía S.A. has a 12-month low of $38.58 and a 12-month high of $97.55. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.41 and a quick ratio of 2.13. The firm has a market cap of $3.94 billion, a price-to-earnings ratio of 11.11 and a beta of 1.16. The company's 50 day simple moving average is $75.26 and its two-hundred day simple moving average is $79.88.

Pampa Energía (NYSE:PAM - Get Free Report) last issued its quarterly earnings data on Wednesday, March 5th. The utilities provider reported $1.90 EPS for the quarter. The company had revenue of $435.00 million during the quarter, compared to the consensus estimate of $454.61 million. Pampa Energía had a net margin of 19.86% and a return on equity of 12.15%. As a group, sell-side analysts forecast that Pampa Energía S.A. will post 9.33 EPS for the current fiscal year.

About Pampa Energía

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.