BTG Pactual Asset Management US LLC Buys Shares of 3,704 Pampa Energía S.A. (NYSE:PAM)

BTG Pactual Asset Management US LLC purchased a new position in Pampa Energía S.A. (NYSE:PAM - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,704 shares of the utilities provider's stock, valued at approximately $326,000.

Several other institutional investors and hedge funds also recently modified their holdings of PAM. Tidal Investments LLC acquired a new position in shares of Pampa Energía during the third quarter valued at approximately $997,000. JPMorgan Chase & Co. increased its position in shares of Pampa Energía by 40.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 158,448 shares of the utilities provider's stock valued at $9,513,000 after purchasing an additional 45,409 shares during the period. GAMMA Investing LLC raised its stake in shares of Pampa Energía by 75.9% in the 4th quarter. GAMMA Investing LLC now owns 2,464 shares of the utilities provider's stock worth $217,000 after buying an additional 1,063 shares in the last quarter. TT International Asset Management LTD lifted its holdings in shares of Pampa Energía by 250.9% in the fourth quarter. TT International Asset Management LTD now owns 1,206,603 shares of the utilities provider's stock valued at $106,108,000 after buying an additional 862,723 shares during the period. Finally, Diversify Wealth Management LLC boosted its stake in Pampa Energía by 19.7% during the fourth quarter. Diversify Wealth Management LLC now owns 18,081 shares of the utilities provider's stock valued at $1,716,000 after buying an additional 2,971 shares in the last quarter. Institutional investors own 12.77% of the company's stock.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. boosted their price target 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 equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat, Pampa Energía currently has a consensus rating of "Hold" and a consensus target price of $71.63.

Pampa Energía Price Performance

Shares of NYSE:PAM traded up $2.29 on Friday, reaching $78.56. 155,175 shares of the company traded hands, compared to its average volume of 266,585. 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 stock has a market capitalization of $4.28 billion, a PE ratio of 12.09 and a beta of 0.94. The company's 50 day moving average is $76.80 and its 200-day moving average is $78.87. Pampa Energía S.A. has a fifty-two week low of $38.58 and a fifty-two week high of $97.55.

Pampa Energía (NYSE:PAM - Get Free Report) last announced its earnings results on Wednesday, March 5th. The utilities provider reported $1.90 EPS for the quarter. The business had revenue of $435.00 million during the quarter, compared to the consensus estimate of $454.61 million. Pampa Energía had a return on equity of 12.15% and a net margin of 19.86%. As a group, analysts anticipate that Pampa Energía S.A. will post 9.33 earnings per share 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.