Millennium Management LLC Has $475,000 Holdings in Transportadora de Gas del Sur S.A. (NYSE:TGS)

Millennium Management LLC lowered its stake in shares of Transportadora de Gas del Sur S.A. (NYSE:TGS - Free Report) by 88.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,217 shares of the energy company's stock after selling 124,004 shares during the quarter. Millennium Management LLC's holdings in Transportadora de Gas del Sur were worth $475,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of TGS. Insigneo Advisory Services LLC bought a new stake in shares of Transportadora de Gas del Sur during the fourth quarter valued at approximately $216,000. NewEdge Advisors LLC boosted 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 in the last quarter. Aquatic Capital Management LLC bought a new stake in Transportadora de Gas del Sur in the 4th quarter valued at $400,000. Bank of America Corp DE raised its stake in shares of Transportadora de Gas del Sur by 339.0% in the 4th quarter. Bank of America Corp DE now owns 14,585 shares of the energy company's stock valued at $427,000 after buying an additional 11,263 shares in the last quarter. Finally, Hood River Capital Management LLC bought a new position in shares of Transportadora de Gas del Sur during the 4th quarter worth about $644,000. 3.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Transportadora de Gas del Sur Price Performance

Transportadora de Gas del Sur stock traded down $1.20 during mid-day trading on Friday, hitting $27.78. 291,657 shares of the company were exchanged, compared to its average volume of 255,537. The company has a market capitalization of $4.18 billion, a PE ratio of 25.72 and a beta of 0.72. The business has a fifty day moving average of $27.53 and a 200 day moving average of $27.85. Transportadora de Gas del Sur S.A. has a 1-year low of $14.16 and a 1-year 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.

Transportadora de Gas del Sur Profile

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.