Cubist Systematic Strategies LLC raised its holdings in Transportadora de Gas del Sur S.A. (NYSE:TGS - Free Report) by 68.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 34,515 shares of the energy company's stock after acquiring an additional 13,971 shares during the period. Cubist Systematic Strategies LLC's holdings in Transportadora de Gas del Sur were worth $1,010,000 at the end of the most recent reporting period.
A number of other large investors also recently made changes to their positions in the business. Blue Trust Inc. boosted its holdings in shares of Transportadora de Gas del Sur by 24.4% during the fourth quarter. Blue Trust Inc. now owns 5,276 shares of the energy company's stock worth $154,000 after purchasing an additional 1,036 shares during the last quarter. Ping Capital Management Inc. lifted its position in 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 buying an additional 1,800 shares during the period. Insigneo Advisory Services LLC acquired a new stake in Transportadora de Gas del Sur in the 4th quarter worth about $216,000. NewEdge Advisors LLC boosted its stake in Transportadora de Gas del Sur by 1,493.8% in the 4th quarter. NewEdge Advisors LLC now owns 9,451 shares of the energy company's stock worth $277,000 after buying an additional 8,858 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings 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 buying an additional 11,263 shares during the period. Hedge funds and other institutional investors own 3.29% of the company's stock.
Analysts Set New Price Targets
TGS has been the topic of several recent analyst reports. Citigroup increased their price objective on shares of Transportadora de Gas del Sur from $35.00 to $40.00 and gave the stock a "buy" rating in a report on Monday. Santander raised shares of Transportadora de Gas del Sur to an "outperform" rating in a research note on Wednesday, May 14th. Finally, StockNews.com lowered shares of Transportadora de Gas del Sur from a "strong-buy" rating to a "buy" rating in a report on Monday, May 12th.
View Our Latest Report on Transportadora de Gas del Sur
Transportadora de Gas del Sur Trading Up 3.9%
NYSE:TGS traded up $1.19 on Monday, hitting $31.90. 627,400 shares of the stock were exchanged, compared to its average volume of 253,386. The stock has a fifty day moving average of $26.57 and a 200-day moving average of $27.50. The stock has a market cap of $4.80 billion, a PE ratio of 29.54 and a beta of 0.73. The company has a current ratio of 2.67, a quick ratio of 2.64 and a debt-to-equity ratio of 0.24. 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.
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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