SG Americas Securities LLC Acquires Shares of 27,979 Transportadora De Gas Sa Ord B (NYSE:TGS)

SG Americas Securities LLC bought a new position in shares of Transportadora De Gas Sa Ord B (NYSE:TGS - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 27,979 shares of the energy company's stock, valued at approximately $740,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. GAMMA Investing LLC boosted its position in shares of Transportadora De Gas Sa Ord B by 13.7% during the 1st quarter. GAMMA Investing LLC now owns 3,582 shares of the energy company's stock valued at $95,000 after purchasing an additional 432 shares in the last quarter. Point72 Asset Management L.P. bought a new position in Transportadora De Gas Sa Ord B during the fourth quarter valued at approximately $76,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Transportadora De Gas Sa Ord B by 67.1% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,454,524 shares of the energy company's stock valued at $42,574,000 after purchasing an additional 583,991 shares during the period. Cubist Systematic Strategies LLC raised its position in shares of Transportadora De Gas Sa Ord B by 68.0% in the fourth quarter. Cubist Systematic Strategies LLC now owns 34,515 shares of the energy company's stock valued at $1,010,000 after purchasing an additional 13,971 shares during the period. Finally, Brevan Howard Capital Management LP bought a new position in Transportadora De Gas Sa Ord B during the fourth quarter worth $4,813,000. 3.29% of the stock is owned by institutional investors and hedge funds.

Transportadora De Gas Sa Ord B Stock Performance

TGS opened at $27.40 on Friday. The firm has a market cap of $4.13 billion, a P/E ratio of 10.92 and a beta of 0.72. Transportadora De Gas Sa Ord B has a 52-week low of $14.16 and a 52-week high of $34.37. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.94 and a current ratio of 2.97. The business's fifty day moving average is $28.10 and its 200-day moving average is $27.79.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on TGS. Wall Street Zen downgraded shares of Transportadora De Gas Sa Ord B from a "strong-buy" rating to a "buy" rating in a research note on Monday, May 12th. Santander raised Transportadora De Gas Sa Ord B to an "outperform" rating in a report on Wednesday, May 14th. Finally, Citigroup upped their price target on Transportadora De Gas Sa Ord B from $35.00 to $40.00 and gave the company a "buy" rating in a research note on Monday, May 19th.

About Transportadora De Gas Sa Ord B

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.

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