Quantbot Technologies LP Purchases Shares of 24,782 Transportadora De Gas Sa Ord B $TGS

Key Points

• Quantbot Technologies LP has acquired 24,782 shares of Transportadora De Gas Sa Ord B ($TGS), valued at approximately $656,000.
• The company recently announced a $0.9279 dividend, with an ex-dividend date of June 30, and a payout ratio of 44.29%.
• Wall Street analysts have mixed views on $TGS, with Citigroup raising its price target to $40.00 while Wall Street Zen downgraded the stock to a "hold" rating.

Quantbot Technologies LP acquired a new position in shares of Transportadora De Gas Sa Ord B (NYSE:TGS - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 24,782 shares of the energy company's stock, valued at approximately $656,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TGS. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Transportadora De Gas Sa Ord B by 67.1% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,454,524 shares of the energy company's stock worth $42,574,000 after acquiring an additional 583,991 shares during the period. Balyasny Asset Management L.P. acquired a new position in Transportadora De Gas Sa Ord B during the fourth quarter worth $9,812,000. Fourth Sail Capital LP acquired a new position in Transportadora De Gas Sa Ord B during the first quarter worth $4,887,000. Brevan Howard Capital Management LP acquired a new position in Transportadora De Gas Sa Ord B during the fourth quarter worth $4,813,000. Finally, GAMMA Investing LLC grew its holdings in Transportadora De Gas Sa Ord B by 2,908.9% during the first quarter. GAMMA Investing LLC now owns 94,780 shares of the energy company's stock worth $2,508,000 after acquiring an additional 91,630 shares during the period. Institutional investors and hedge funds own 3.29% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on TGS. Wall Street Zen cut Transportadora De Gas Sa Ord B from a "buy" rating to a "hold" rating in a report on Saturday, July 26th. Santander raised Transportadora De Gas Sa Ord B to an "outperform" rating in a report on Wednesday, May 14th. Finally, Citigroup lifted their price objective on Transportadora De Gas Sa Ord B from $35.00 to $40.00 and gave the stock a "buy" rating in a report on Monday, May 19th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of $40.00.

Transportadora De Gas Sa Ord B Trading Down 1.0%

TGS traded down $0.28 during trading on Friday, hitting $27.21. The company's stock had a trading volume of 407,876 shares, compared to its average volume of 390,018. The stock has a market cap of $4.10 billion, a PE ratio of 12.96 and a beta of 0.71. The firm's 50 day moving average price is $27.37 and its 200-day moving average price is $27.16. Transportadora De Gas Sa Ord B has a twelve month low of $18.15 and a twelve month high of $34.37. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.35 and a quick ratio of 3.31.

Transportadora De Gas Sa Ord B Dividend Announcement

The business also recently declared a -- dividend, which was paid on Tuesday, July 8th. Shareholders of record on Monday, June 30th were issued a $0.9279 dividend. The ex-dividend date was Monday, June 30th. Transportadora De Gas Sa Ord B's dividend payout ratio (DPR) is 44.29%.

Transportadora De Gas Sa Ord B Company Profile

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.