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

Two Sigma Advisers LP increased its position in Pampa Energía S.A. (NYSE:PAM - Free Report) by 122.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,700 shares of the utilities provider's stock after purchasing an additional 5,900 shares during the quarter. Two Sigma Advisers LP's holdings in Pampa Energía were worth $941,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of PAM. Advisors Preferred LLC bought a new position in shares of Pampa Energía during the 4th quarter worth approximately $26,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Pampa Energía during the fourth quarter worth about $49,000. Blue Trust Inc. lifted its position in shares of Pampa Energía by 62.7% during the 4th quarter. Blue Trust Inc. now owns 672 shares of the utilities provider's stock worth $59,000 after buying an additional 259 shares during the last quarter. Compass Group LLC acquired a new stake in shares of Pampa Energía during the fourth quarter valued at about $152,000. Finally, Virtu Financial LLC bought a new stake in shares of Pampa Energía in the 4th quarter valued at about $209,000. 12.77% of the stock is currently owned by institutional investors and hedge funds.

Pampa Energía Price Performance

NYSE:PAM traded up $1.49 during midday trading on Thursday, hitting $73.12. The company had a trading volume of 45,201 shares, compared to its average volume of 250,755. Pampa Energía S.A. has a 52-week low of $38.58 and a 52-week high of $97.55. The company has a market capitalization of $3.99 billion, a PE ratio of 11.22 and a beta of 1.16. The stock's fifty day moving average price is $75.59 and its 200-day moving average price is $81.33. 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 (NYSE:PAM - Get Free Report) last announced its quarterly earnings results on Monday, May 12th. The utilities provider reported $2.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.92 by $0.89. The company had revenue of $414.00 million for the quarter, compared to the consensus estimate of $487.63 million. Pampa Energía had a return on equity of 12.15% and a net margin of 19.86%. As a group, research analysts expect that Pampa Energía S.A. will post 9.33 earnings per share for the current year.

Analysts Set New Price Targets

PAM has been the subject of several research analyst reports. 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 increased their target price 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 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.