Northern Trust Corp Acquires Shares of 6,271 Pampa Energía S.A. (NYSE:PAM)

Northern Trust Corp bought a new stake in shares of Pampa Energía S.A. (NYSE:PAM - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 6,271 shares of the utilities provider's stock, valued at approximately $551,000.

Several other institutional investors also recently bought and sold shares of PAM. Advisors Preferred LLC acquired a new stake in shares of Pampa Energía in the fourth quarter valued at about $26,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Pampa Energía in the fourth quarter valued at about $49,000. Blue Trust Inc. grew its position in shares of Pampa Energía by 62.7% in the fourth quarter. Blue Trust Inc. now owns 672 shares of the utilities provider's stock valued at $59,000 after purchasing an additional 259 shares during the last quarter. Compass Group LLC acquired a new stake in shares of Pampa Energía in the fourth quarter valued at about $152,000. Finally, Virtu Financial LLC acquired a new stake in shares of Pampa Energía in the fourth quarter valued at about $209,000. 12.77% of the stock is currently owned by institutional investors.

Pampa Energía Stock Performance

PAM stock traded down $1.60 during trading on Monday, reaching $75.08. 107,187 shares of the stock were exchanged, compared to its average volume of 252,404. Pampa Energía S.A. has a twelve month low of $38.58 and a twelve month high of $97.55. The company has a market capitalization of $4.09 billion, a P/E ratio of 11.55 and a beta of 1.16. The stock has a 50 day simple moving average of $75.97 and a 200-day simple moving average of $81.44. The company has a current ratio of 2.41, a quick ratio of 2.13 and a debt-to-equity ratio of 0.44.

Pampa Energía (NYSE:PAM - Get Free Report) last released its quarterly earnings data 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 the consensus estimate of $487.63 million. Pampa Energía had a return on equity of 12.15% and a net margin of 19.86%. As a group, sell-side analysts anticipate that Pampa Energía S.A. will post 9.33 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on PAM shares. Wall Street Zen raised Pampa Energía from a "hold" rating to a "buy" rating in a research report on Wednesday, May 21st. Citigroup lifted their target price on Pampa Energía from $88.00 to $92.00 and gave the stock a "neutral" rating in a research report on Monday, May 19th.

Pampa Energía 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.