Dorsey Wright & Associates Sells 5,421 Shares of Pampa Energia S.A. (NYSE:PAM)

Dorsey Wright & Associates decreased its holdings in Pampa Energia S.A. (NYSE:PAM - Free Report) by 10.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 48,768 shares of the utilities provider's stock after selling 5,421 shares during the period. Dorsey Wright & Associates owned approximately 0.09% of Pampa Energia worth $3,765,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Advisors Preferred LLC grew its holdings in shares of Pampa Energia by 158.9% during the 1st quarter. Advisors Preferred LLC now owns 730 shares of the utilities provider's stock valued at $58,000 after purchasing an additional 448 shares during the last quarter. Compass Group LLC bought a new stake in shares of Pampa Energia during the fourth quarter worth $152,000. Burns Matteson Capital Management LLC acquired a new position in shares of Pampa Energia during the first quarter worth $186,000. Virtu Financial LLC bought a new position in shares of Pampa Energia in the 4th quarter valued at $209,000. Finally, Insigneo Advisory Services LLC acquired a new stake in shares of Pampa Energia during the 4th quarter valued at $217,000. Institutional investors own 12.77% of the company's stock.

Pampa Energia Trading Up 2.3%

PAM traded up $1.64 during midday trading on Thursday, hitting $74.00. 185,733 shares of the company were exchanged, compared to its average volume of 199,994. The firm's 50 day moving average price is $74.34 and its 200-day moving average price is $77.74. Pampa Energia S.A. has a 1-year low of $38.58 and a 1-year high of $97.55. The firm has a market capitalization of $4.04 billion, a P/E ratio of 8.03 and a beta of 1.13. The company has a quick ratio of 1.58, a current ratio of 1.82 and a debt-to-equity ratio of 0.38.

Pampa Energia (NYSE:PAM - Get Free Report) last issued its quarterly earnings data on Monday, May 12th. The utilities provider reported $2.81 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.92 by $0.89. Pampa Energia had a return on equity of 15.29% and a net margin of 26.73%. The company had revenue of $414.00 million during the quarter, compared to the consensus estimate of $487.63 million. As a group, equities analysts forecast that Pampa Energia S.A. will post 9.33 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Wall Street Zen upgraded Pampa Energia from a "hold" rating to a "buy" rating in a research report on Wednesday, May 21st. Citigroup lifted their target price on shares of Pampa Energia from $88.00 to $92.00 and gave the stock a "neutral" rating in a research report on Monday, May 19th.

Pampa Energia Company Profile

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.