Jane Street Group LLC grew its stake in Transportadora de Gas del Sur S.A. (NYSE:TGS - Free Report) by 101.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 52,921 shares of the energy company's stock after purchasing an additional 26,684 shares during the quarter. Jane Street Group LLC's holdings in Transportadora de Gas del Sur were worth $1,549,000 at the end of the most recent reporting period.
A number of other large investors also recently made changes to their positions in the stock. William Blair Investment Management LLC acquired a new position in shares of Transportadora de Gas del Sur in the 4th quarter valued at $5,246,000. Seldon Capital LP bought a new stake in shares of Transportadora de Gas del Sur in the 4th quarter valued at about $3,771,000. Arrowstreet Capital Limited Partnership bought a new stake in shares of Transportadora de Gas del Sur in the 4th quarter valued at about $2,805,000. Jump Financial LLC increased its stake in shares of Transportadora de Gas del Sur by 53.1% in the 4th quarter. Jump Financial LLC now owns 42,271 shares of the energy company's stock valued at $1,237,000 after acquiring an additional 14,654 shares during the last quarter. Finally, Ping Capital Management Inc. grew its holdings in shares of Transportadora de Gas del Sur by 4.9% in the 4th quarter. Ping Capital Management Inc. now owns 38,800 shares of the energy company's stock valued at $1,136,000 after buying an additional 1,800 shares during the period. Institutional investors and hedge funds own 3.29% of the company's stock.
Analyst Ratings Changes
Several equities analysts have recently weighed in on TGS shares. Citigroup lifted their price objective on Transportadora de Gas del Sur from $35.00 to $40.00 and gave the company a "buy" rating in a report on Monday. Santander upgraded shares of Transportadora de Gas del Sur to an "outperform" rating in a report on Wednesday, May 14th. Finally, StockNews.com lowered shares of Transportadora de Gas del Sur from a "strong-buy" rating to a "buy" rating in a report on Monday, May 12th.
Get Our Latest Stock Analysis on TGS
Transportadora de Gas del Sur Stock Down 2.3%
Shares of NYSE:TGS traded down $0.72 during mid-day trading on Wednesday, reaching $30.69. 407,896 shares of the stock were exchanged, compared to its average volume of 253,549. Transportadora de Gas del Sur S.A. has a one year low of $14.16 and a one year high of $34.37. The stock's 50 day simple moving average is $26.76 and its 200-day simple moving average is $27.55. The company has a market cap of $4.62 billion, a P/E ratio of 28.42 and a beta of 0.73. The company has a quick ratio of 2.64, a current ratio of 2.67 and a debt-to-equity ratio of 0.24.
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.
Recommended Stories
Before you consider Transportadora de Gas del Sur, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Transportadora de Gas del Sur wasn't on the list.
While Transportadora de Gas del Sur currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
