Transportadora De Gas Sa Ord B (NYSE:TGS) Shares Acquired by TT International Asset Management LTD

TT International Asset Management LTD lifted its holdings in Transportadora De Gas Sa Ord B (NYSE:TGS - Free Report) by 3.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,227,656 shares of the energy company's stock after purchasing an additional 37,083 shares during the period. Transportadora De Gas Sa Ord B accounts for about 4.7% of TT International Asset Management LTD's investment portfolio, making the stock its 8th biggest holding. TT International Asset Management LTD owned approximately 0.82% of Transportadora De Gas Sa Ord B worth $32,484,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of TGS. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Transportadora De Gas Sa Ord B by 67.1% in the 4th 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 last quarter. Balyasny Asset Management L.P. acquired a new position in Transportadora De Gas Sa Ord B during the 4th quarter worth $9,812,000. William Blair Investment Management LLC acquired a new position in Transportadora De Gas Sa Ord B during the 4th quarter worth $5,246,000. Brevan Howard Capital Management LP acquired a new position in Transportadora De Gas Sa Ord B during the 4th quarter worth $4,813,000. Finally, Seldon Capital LP acquired a new position in Transportadora De Gas Sa Ord B during the 4th quarter worth $3,771,000. Institutional investors and hedge funds own 3.29% of the company's stock.

Analyst Ratings Changes

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

Transportadora De Gas Sa Ord B Stock Performance

Transportadora De Gas Sa Ord B stock traded down $1.40 on Friday, reaching $27.40. 496,941 shares of the stock were exchanged, compared to its average volume of 259,791. The firm has a fifty day moving average price of $28.10 and a two-hundred day moving average price of $27.79. The stock has a market cap of $4.13 billion, a PE ratio of 10.92 and a beta of 0.72. The company has a current ratio of 2.97, a quick ratio of 2.94 and a debt-to-equity ratio of 0.21. Transportadora De Gas Sa Ord B has a twelve month low of $14.16 and a twelve month high of $34.37.

Transportadora De Gas Sa Ord B Profile

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.