Pampa Energia S.A. (NYSE:PAM) Stake Raised by Ping Capital Management Inc.

Ping Capital Management Inc. boosted its stake in shares of Pampa Energia S.A. (NYSE:PAM - Free Report) by 451.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 43,567 shares of the utilities provider's stock after acquiring an additional 35,667 shares during the quarter. Pampa Energia accounts for about 1.2% of Ping Capital Management Inc.'s investment portfolio, making the stock its 10th largest holding. Ping Capital Management Inc. owned approximately 0.08% of Pampa Energia worth $3,363,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of PAM. Compass Group LLC purchased a new position in shares of Pampa Energia in the 4th quarter valued at approximately $152,000. Burns Matteson Capital Management LLC purchased a new stake in Pampa Energia in the first quarter worth about $186,000. Virtu Financial LLC purchased a new stake in Pampa Energia in the fourth quarter worth about $209,000. Insigneo Advisory Services LLC bought a new position in Pampa Energia during the 4th quarter valued at approximately $217,000. Finally, Deltec Asset Management LLC bought a new position in Pampa Energia during the 1st quarter valued at approximately $232,000. 12.77% of the stock is currently owned by hedge funds and other institutional investors.

Pampa Energia Stock Down 1.7%

Shares of Pampa Energia stock traded down $1.19 on Monday, reaching $70.13. The company's stock had a trading volume of 52,251 shares, compared to its average volume of 238,295. The company has a market capitalization of $3.82 billion, a price-to-earnings ratio of 7.61 and a beta of 1.13. The firm's fifty day simple moving average is $75.08 and its two-hundred day simple moving average is $77.99. Pampa Energia S.A. has a 52 week low of $38.58 and a 52 week high of $97.55. The company has a quick ratio of 1.58, a current ratio of 1.82 and a debt-to-equity ratio of 0.38.

Pampa Energia (NYSE:PAM - Get Free Report) last issued its quarterly earnings data on Monday, May 12th. The utilities provider reported $2.81 EPS for the quarter, topping the consensus estimate of $1.92 by $0.89. Pampa Energia had a return on equity of 15.29% and a net margin of 26.73%. The company had revenue of $414.00 million during the quarter, compared to analyst estimates of $487.63 million. Equities analysts anticipate that Pampa Energia S.A. will post 9.33 earnings per share for the current year.

Wall Street Analyst Weigh In

PAM has been the subject of several recent analyst reports. Wall Street Zen raised Pampa Energia from a "hold" rating to a "buy" rating in a research report on Wednesday, May 21st. Citigroup lifted their price target on Pampa Energia from $88.00 to $92.00 and gave the stock a "neutral" rating in a research report on Monday, May 19th.

Pampa Energia 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.