GAMMA Investing LLC raised its stake in shares of Transportadora de Gas del Sur S.A. (NYSE:TGS - Free Report) by 2,908.9% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 94,780 shares of the energy company's stock after purchasing an additional 91,630 shares during the period. GAMMA Investing LLC owned 0.06% of Transportadora de Gas del Sur worth $2,508,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of TGS. Point72 Asset Management L.P. purchased a new position in shares of Transportadora de Gas del Sur in the 4th quarter worth $76,000. Insigneo Advisory Services LLC acquired a new position in Transportadora de Gas del Sur during the fourth quarter valued at approximately $216,000. NewEdge Advisors LLC grew its stake in Transportadora de Gas del Sur by 1,493.8% during the fourth 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 period. Aquatic Capital Management LLC purchased a new stake in Transportadora de Gas del Sur during the 4th quarter worth $400,000. Finally, Bank of America Corp DE raised its position in Transportadora de Gas del Sur by 339.0% in the fourth quarter. Bank of America Corp DE now owns 14,585 shares of the energy company's stock valued at $427,000 after purchasing an additional 11,263 shares during the period. Hedge funds and other institutional investors own 3.29% of the company's stock.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on the company. Santander upgraded Transportadora de Gas del Sur to an "outperform" rating in a research note on Wednesday, May 14th. Citigroup raised their price objective on Transportadora de Gas del Sur from $35.00 to $40.00 and gave the company a "buy" rating in a research note on Monday, May 19th. Finally, Wall Street Zen downgraded shares of Transportadora de Gas del Sur from a "strong-buy" rating to a "buy" rating in a research report on Monday, May 12th.
Get Our Latest Stock Analysis on TGS
Transportadora de Gas del Sur Stock Performance
Shares of TGS traded down $1.20 during mid-day trading on Friday, hitting $27.78. The stock had a trading volume of 291,657 shares, compared to its average volume of 255,537. 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. The company has a quick ratio of 2.64, a current ratio of 2.67 and a debt-to-equity ratio of 0.24. The company has a market cap of $4.18 billion, a PE ratio of 25.72 and a beta of 0.72. The company's fifty day simple moving average is $27.53 and its two-hundred day simple moving average is $27.85.
About Transportadora de Gas del Sur
(
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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