GAMMA Investing LLC Buys 91,630 Shares of Transportadora de Gas del Sur S.A. (NYSE:TGS)

GAMMA Investing LLC increased its position in shares of Transportadora de Gas del Sur S.A. (NYSE:TGS - Free Report) by 2,908.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 94,780 shares of the energy company's stock after buying an additional 91,630 shares during the period. GAMMA Investing LLC owned 0.06% of Transportadora de Gas del Sur worth $2,508,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Point72 Asset Management L.P. acquired a new position in Transportadora de Gas del Sur during the fourth quarter worth $76,000. Insigneo Advisory Services LLC acquired a new position in Transportadora de Gas del Sur during the fourth quarter worth $216,000. NewEdge Advisors LLC increased its holdings 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 last quarter. Aquatic Capital Management LLC acquired a new position in Transportadora de Gas del Sur during the fourth quarter worth $400,000. Finally, Bank of America Corp DE increased its holdings in Transportadora de Gas del Sur by 339.0% during the fourth quarter. Bank of America Corp DE now owns 14,585 shares of the energy company's stock worth $427,000 after buying an additional 11,263 shares during the last quarter. 3.29% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TGS has been the topic of several research reports. Wall Street Zen downgraded shares of Transportadora de Gas del Sur from a "strong-buy" rating to a "buy" rating in a report on Monday, May 12th. Citigroup upped their price objective on shares of Transportadora de Gas del Sur from $35.00 to $40.00 and gave the company a "buy" rating in a report on Monday, May 19th. Finally, Santander upgraded shares of Transportadora de Gas del Sur to an "outperform" rating in a report on Wednesday, May 14th.

Transportadora de Gas del Sur Price Performance

Shares of Transportadora de Gas del Sur stock traded down $0.04 during midday trading on Monday, hitting $27.89. 251,357 shares of the company traded hands, compared to its average volume of 254,569. The stock has a market cap of $4.20 billion, a price-to-earnings ratio of 25.83 and a beta of 0.72. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.64 and a current ratio of 2.67. The firm's fifty day moving average price is $27.77 and its 200-day moving average price is $27.81. Transportadora de Gas del Sur S.A. has a 12 month low of $14.16 and a 12 month high of $34.37.

About Transportadora de Gas del Sur

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.