Brevan Howard Capital Management LP acquired a new stake in Transportadora de Gas del Sur S.A. (NYSE:TGS - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 163,821 shares of the energy company's stock, valued at approximately $4,813,000. Brevan Howard Capital Management LP owned 0.11% of Transportadora de Gas del Sur at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Balyasny Asset Management L.P. acquired a new stake in Transportadora de Gas del Sur during the 4th quarter worth approximately $9,812,000. Bank of America Corp DE lifted its position in Transportadora de Gas del Sur by 339.0% in the 4th quarter. Bank of America Corp DE now owns 14,585 shares of the energy company's stock valued at $427,000 after acquiring an additional 11,263 shares in the last quarter. Jane Street Group LLC boosted its stake in Transportadora de Gas del Sur by 101.7% in the 4th quarter. Jane Street Group LLC now owns 52,921 shares of the energy company's stock worth $1,549,000 after purchasing an additional 26,684 shares during the period. Aquatic Capital Management LLC bought a new position in Transportadora de Gas del Sur during the 4th quarter worth about $400,000. Finally, Hood River Capital Management LLC acquired a new stake in shares of Transportadora de Gas del Sur in the 4th quarter valued at about $644,000. 3.29% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on TGS shares. StockNews.com upgraded Transportadora de Gas del Sur from a "buy" rating to a "strong-buy" rating in a report on Wednesday, February 19th. Citigroup began coverage on shares of Transportadora de Gas del Sur in a research note on Wednesday, February 12th. They set a "buy" rating and a $35.00 price target for the company.
Check Out Our Latest Analysis on TGS
Transportadora de Gas del Sur Stock Up 4.1 %
Shares of Transportadora de Gas del Sur stock traded up $1.11 during trading hours on Friday, reaching $27.87. 262,721 shares of the company's stock were exchanged, compared to its average volume of 246,997. The company has a current ratio of 2.67, a quick ratio of 2.64 and a debt-to-equity ratio of 0.24. The company has a 50 day moving average of $25.91 and a two-hundred day moving average of $27.12. The stock has a market cap of $4.20 billion, a P/E ratio of 25.81 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.
About Transportadora de Gas del Sur
(
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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