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Brevan Howard Capital Management LP Takes Position in Transportadora de Gas del Sur S.A. (NYSE:TGS)

Transportadora de Gas del Sur logo with Energy background

Brevan Howard Capital Management LP acquired a new stake in Transportadora de Gas del Sur S.A. (NYSE:TGS - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 163,821 shares of the energy company's stock, valued at approximately $4,813,000. Brevan Howard Capital Management LP owned about 0.11% of Transportadora de Gas del Sur as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of TGS. Blue Trust Inc. raised its position 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 during the last quarter. GAMMA Investing LLC increased its stake in shares of Transportadora de Gas del Sur by 118.8% in the fourth quarter. GAMMA Investing LLC now owns 3,150 shares of the energy company's stock worth $92,000 after acquiring an additional 1,710 shares during the period. Ping Capital Management Inc. raised its holdings in shares of Transportadora de Gas del Sur by 4.9% during the fourth quarter. Ping Capital Management Inc. now owns 38,800 shares of the energy company's stock worth $1,136,000 after purchasing an additional 1,800 shares during the last quarter. Insigneo Advisory Services LLC acquired a new position in Transportadora de Gas del Sur during the fourth quarter valued at $216,000. Finally, NewEdge Advisors LLC boosted 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 valued at $277,000 after purchasing an additional 8,858 shares during the last quarter. 3.29% of the stock is currently owned by institutional investors and hedge funds.

Transportadora de Gas del Sur Stock Performance

Shares of TGS traded up $1.11 during trading hours on Friday, hitting $27.87. The stock had a trading volume of 262,721 shares, compared to its average volume of 246,555. The firm has a market capitalization of $4.20 billion, a price-to-earnings ratio of 25.81 and a beta of 0.73. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.64 and a current ratio of 2.67. The firm has a 50-day moving average price of $25.91 and a 200 day moving average price of $27.08. 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.

Analysts Set New Price Targets

A number of research firms have weighed in on TGS. StockNews.com upgraded Transportadora de Gas del Sur from a "buy" rating to a "strong-buy" rating in a research note on Wednesday, February 19th. Citigroup initiated coverage on Transportadora de Gas del Sur in a research report 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 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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Institutional Ownership by Quarter for Transportadora de Gas del Sur (NYSE:TGS)

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