Insigneo Advisory Services LLC Grows Position in Pampa Energia S.A. (NYSE:PAM)

Insigneo Advisory Services LLC grew its holdings in shares of Pampa Energia S.A. (NYSE:PAM - Free Report) by 258.5% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,855 shares of the utilities provider's stock after buying an additional 6,385 shares during the period. Insigneo Advisory Services LLC's holdings in Pampa Energia were worth $684,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. Compass Group LLC bought a new position in Pampa Energia during the fourth quarter worth $152,000. Virtu Financial LLC acquired a new position in shares of Pampa Energia during the fourth quarter valued at about $209,000. QRG Capital Management Inc. bought a new position in shares of Pampa Energia during the 4th quarter worth about $210,000. Ameriprise Financial Inc. bought a new position in shares of Pampa Energia during the 4th quarter worth about $236,000. Finally, Arete Wealth Advisors LLC bought a new stake in Pampa Energia in the 4th quarter valued at about $240,000. Institutional investors and hedge funds own 12.77% of the company's stock.

Wall Street Analyst Weigh In

PAM has been the topic of a number of research reports. Wall Street Zen raised Pampa Energia 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 Energia from $88.00 to $92.00 and gave the company a "neutral" rating in a research report on Monday, May 19th.

Pampa Energia Stock Down 0.2%

Shares of PAM stock traded down $0.17 during trading hours on Thursday, reaching $73.11. The company had a trading volume of 112,293 shares, compared to its average volume of 243,060. The company has a market cap of $3.99 billion, a price-to-earnings ratio of 7.94 and a beta of 1.18. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.82 and a quick ratio of 1.58. Pampa Energia S.A. has a 12 month low of $38.58 and a 12 month high of $97.55. The business has a fifty day simple moving average of $76.47 and a 200-day simple moving average of $80.64.

Pampa Energia (NYSE:PAM - Get Free Report) last released its quarterly earnings results on Monday, May 12th. The utilities provider reported $2.81 earnings per share for the quarter, beating analysts' consensus estimates of $1.92 by $0.89. The company had revenue of $414.00 million for the quarter, compared to analyst estimates of $487.63 million. Pampa Energia had a net margin of 26.73% and a return on equity of 15.29%. On average, research analysts expect that Pampa Energia S.A. will post 9.33 earnings per share for the current fiscal year.

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.