Quantbot Technologies LP Acquires Shares of 4,358 Pampa Energia S.A. $PAM

Key Points

• Quantbot Technologies LP acquired 4,358 shares of Pampa Energia S.A., valued at approximately $336,000, during the first quarter.
• Several investors, including MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd., have significantly increased their stakes in Pampa Energia, with MIRAE now holding 508,375 shares.
• Pampa Energia's stock has been rated with a consensus of "Hold," with a recent upgrade from Zacks Research moving it from "strong sell" to "hold," and a current target price of $85.83.

Quantbot Technologies LP acquired a new stake in shares of Pampa Energia S.A. (NYSE:PAM - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 4,358 shares of the utilities provider's stock, valued at approximately $336,000.

Several other large investors have also bought and sold shares of PAM. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Pampa Energia by 58.7% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 508,375 shares of the utilities provider's stock valued at $44,706,000 after acquiring an additional 188,114 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of Pampa Energia by 7,143.8% during the 1st quarter. GAMMA Investing LLC now owns 178,486 shares of the utilities provider's stock worth $13,779,000 after purchasing an additional 176,022 shares during the period. TT International Asset Management LTD raised its stake in shares of Pampa Energia by 9.4% during the 1st quarter. TT International Asset Management LTD now owns 1,319,537 shares of the utilities provider's stock worth $101,868,000 after purchasing an additional 112,934 shares during the period. Balyasny Asset Management L.P. bought a new stake in shares of Pampa Energia during the 4th quarter worth $8,556,000. Finally, Brevan Howard Capital Management LP raised its stake in shares of Pampa Energia by 27.0% during the 4th quarter. Brevan Howard Capital Management LP now owns 258,348 shares of the utilities provider's stock worth $22,786,000 after purchasing an additional 54,923 shares during the period. 12.77% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on PAM. Citigroup lifted their target price on Pampa Energia from $88.00 to $92.00 and gave the stock a "neutral" rating in a research note on Monday, May 19th. Zacks Research upgraded Pampa Energia from a "strong sell" rating to a "hold" rating in a research note on Monday, August 18th. Finally, Wall Street Zen upgraded Pampa Energia from a "hold" rating to a "buy" rating in a research note on Wednesday, May 21st. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $85.83.

Pampa Energia Trading Up 2.2%

Shares of PAM opened at $67.79 on Wednesday. The business has a 50-day moving average of $72.61 and a 200 day moving average of $75.36. Pampa Energia S.A. has a fifty-two week low of $50.47 and a fifty-two week high of $97.55. The firm has a market cap of $3.70 billion, a P/E ratio of 8.36, a price-to-earnings-growth ratio of 4.28 and a beta of 1.15. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.33 and a current ratio of 2.70.

Pampa Energia (NYSE:PAM - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The utilities provider reported $0.70 earnings per share for the quarter, missing the consensus estimate of $2.35 by ($1.65). Pampa Energia had a return on equity of 13.01% and a net margin of 23.73%.The firm had revenue of $486.00 million during the quarter, compared to analysts' expectations of $632.05 million. As a group, research analysts forecast that Pampa Energia S.A. will post 9.33 EPS for the current year.

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.

Want to see what other hedge funds are holding PAM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pampa Energia S.A. (NYSE:PAM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.