Bank of America Corp DE boosted its holdings in shares of Transportadora de Gas del Sur S.A. (NYSE:TGS - Free Report) by 339.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 14,585 shares of the energy company's stock after purchasing an additional 11,263 shares during the quarter. Bank of America Corp DE's holdings in Transportadora de Gas del Sur were worth $427,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of the business. Insigneo Advisory Services LLC purchased a new stake in shares of Transportadora de Gas del Sur during the fourth quarter valued at about $216,000. NewEdge Advisors LLC lifted its holdings in Transportadora de Gas del Sur by 1,493.8% in the 4th quarter. NewEdge Advisors LLC now owns 9,451 shares of the energy company's stock valued at $277,000 after purchasing an additional 8,858 shares in the last quarter. Aquatic Capital Management LLC purchased a new position in Transportadora de Gas del Sur in the 4th quarter worth approximately $400,000. Jump Financial LLC boosted its position in shares of Transportadora de Gas del Sur by 53.1% during the 4th quarter. Jump Financial LLC now owns 42,271 shares of the energy company's stock valued at $1,237,000 after acquiring an additional 14,654 shares during the last quarter. Finally, Hood River Capital Management LLC purchased a new stake in Transportadora de Gas del Sur in the fourth quarter valued at $644,000. Institutional investors own 3.29% of the company's stock.
Analysts Set New Price Targets
A number of analysts have recently weighed in on the company. Santander raised Transportadora de Gas del Sur to an "outperform" rating in a research report on Wednesday, May 14th. Citigroup upped their price objective on shares of Transportadora de Gas del Sur from $35.00 to $40.00 and gave the stock a "buy" rating in a research report on Monday, May 19th. Finally, Wall Street Zen downgraded Transportadora de Gas del Sur from a "strong-buy" rating to a "buy" rating in a research note on Monday, May 12th.
Read Our Latest Analysis on TGS
Transportadora de Gas del Sur Stock Up 1.5%
Shares of Transportadora de Gas del Sur stock traded up $0.44 during trading hours on Thursday, hitting $28.92. 136,826 shares of the company's stock traded hands, compared to its average volume of 255,067. The company has a market cap of $4.35 billion, a PE ratio of 26.78 and a beta of 0.72. Transportadora de Gas del Sur S.A. has a twelve month low of $14.16 and a twelve month 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. The stock has a 50 day simple moving average of $27.39 and a 200-day simple moving average of $27.85.
About Transportadora de Gas del Sur
(
Free Report)
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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