D. E. Shaw & Co. Inc. Has $1.41 Million Holdings in Pampa Energía S.A. (NYSE:PAM)

D. E. Shaw & Co. Inc. decreased its holdings in Pampa Energía S.A. (NYSE:PAM - Free Report) by 44.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,029 shares of the utilities provider's stock after selling 13,009 shares during the quarter. D. E. Shaw & Co. Inc.'s holdings in Pampa Energía were worth $1,410,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PAM. ABS Direct Equity Fund LLC raised its position in Pampa Energía by 186.7% in the fourth quarter. ABS Direct Equity Fund LLC now owns 17,200 shares of the utilities provider's stock worth $1,513,000 after purchasing an additional 11,200 shares in the last quarter. Verde Servicos Internacionais S.A. bought a new stake in shares of Pampa Energía in the 4th quarter valued at approximately $308,000. DGS Capital Management LLC acquired a new position in shares of Pampa Energía in the 4th quarter worth approximately $282,000. Whittier Trust Co. lifted its position in shares of Pampa Energía by 52.6% during the 4th quarter. Whittier Trust Co. now owns 22,986 shares of the utilities provider's stock worth $2,021,000 after buying an additional 7,924 shares during the period. Finally, Stratos Wealth Partners LTD. boosted its stake in Pampa Energía by 2.8% in the 4th quarter. Stratos Wealth Partners LTD. now owns 12,811 shares of the utilities provider's stock valued at $1,127,000 after buying an additional 344 shares in the last quarter. 12.77% of the stock is owned by institutional investors.

Pampa Energía Price Performance

Pampa Energía stock traded down $0.67 on Wednesday, reaching $80.62. The company's stock had a trading volume of 39,462 shares, compared to its average volume of 240,940. The business's fifty day moving average price is $76.23 and its 200 day moving average price is $81.26. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.13 and a current ratio of 2.41. The company has a market cap of $4.40 billion, a price-to-earnings ratio of 12.40 and a beta of 1.16. Pampa Energía S.A. has a twelve month low of $38.58 and a twelve month high of $97.55.

Pampa Energía (NYSE:PAM - Get Free Report) last posted its quarterly earnings data on Monday, May 12th. The utilities provider reported $2.81 earnings per share for the quarter, beating the consensus estimate of $1.92 by $0.89. The firm had revenue of $414.00 million during the quarter, compared to analysts' expectations of $487.63 million. Pampa Energía had a net margin of 19.86% and a return on equity of 12.15%. Equities analysts expect that Pampa Energía S.A. will post 9.33 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have issued reports on PAM. Wall Street Zen upgraded Pampa Energía from a "hold" rating to a "buy" rating in a research note on Wednesday, May 21st. Citigroup lifted their price target on shares of Pampa Energía from $88.00 to $92.00 and gave the company a "neutral" rating in a report on Monday, May 19th.

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.