Two Sigma Advisers LP Buys 5,900 Shares of Pampa Energía S.A. (NYSE:PAM)

Two Sigma Advisers LP boosted its position in Pampa Energía S.A. (NYSE:PAM - Free Report) by 122.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,700 shares of the utilities provider's stock after buying an additional 5,900 shares during the quarter. Two Sigma Advisers LP's holdings in Pampa Energía were worth $941,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of PAM. Whittier Trust Co. lifted its holdings in shares of Pampa Energía by 52.6% during the 4th quarter. Whittier Trust Co. now owns 22,986 shares of the utilities provider's stock worth $2,021,000 after acquiring an additional 7,924 shares during the period. Stratos Wealth Partners LTD. raised its stake in shares of Pampa Energía by 2.8% in the fourth quarter. Stratos Wealth Partners LTD. now owns 12,811 shares of the utilities provider's stock worth $1,127,000 after acquiring an additional 344 shares during the last quarter. Wellington Management Group LLP acquired a new stake in shares of Pampa Energía during the 4th quarter worth approximately $1,512,000. First Trust Advisors LP acquired a new stake in shares of Pampa Energía during the 4th quarter worth approximately $347,000. Finally, Absolute Gestao de Investimentos Ltda. acquired a new stake in shares of Pampa Energía during the 4th quarter worth approximately $246,000. 12.77% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have weighed in on PAM shares. Wall Street Zen raised shares of Pampa Energía from a "hold" rating to a "buy" rating in a research note on Wednesday, May 21st. Citigroup upped their price target on shares of Pampa Energía from $88.00 to $92.00 and gave the stock a "neutral" rating in a research report on Monday, May 19th.

Pampa Energía Trading Up 2.5%

Pampa Energía stock traded up $1.80 during mid-day trading on Thursday, hitting $73.43. 195,745 shares of the stock were exchanged, compared to its average volume of 250,026. The company has a quick ratio of 2.13, a current ratio of 2.41 and a debt-to-equity ratio of 0.44. Pampa Energía S.A. has a 12 month low of $38.58 and a 12 month high of $97.55. The firm's fifty day simple moving average is $75.52 and its two-hundred day simple moving average is $81.28. The stock has a market capitalization of $4.01 billion, a price-to-earnings ratio of 11.30 and a beta of 1.18.

Pampa Energía (NYSE:PAM - Get Free Report) last posted its quarterly earnings results on Monday, May 12th. The utilities provider reported $2.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.92 by $0.89. Pampa Energía had a net margin of 19.86% and a return on equity of 12.15%. The business had revenue of $414.00 million during the quarter, compared to the consensus estimate of $487.63 million. Analysts forecast that Pampa Energía S.A. will post 9.33 EPS for the current year.

Pampa Energía Company 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.