Two Sigma Advisers LP Trims Position in Transportadora de Gas del Sur S.A. (NYSE:TGS)

Two Sigma Advisers LP decreased its stake in Transportadora de Gas del Sur S.A. (NYSE:TGS - Free Report) by 13.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 70,100 shares of the energy company's stock after selling 10,800 shares during the quarter. Two Sigma Advisers LP's holdings in Transportadora de Gas del Sur were worth $2,052,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Transportadora de Gas del Sur 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 buying an additional 583,991 shares in the last quarter. Balyasny Asset Management L.P. acquired a new position in shares of Transportadora de Gas del Sur during the fourth quarter valued at approximately $9,812,000. William Blair Investment Management LLC purchased a new position in shares of Transportadora de Gas del Sur in the fourth quarter valued at approximately $5,246,000. Brevan Howard Capital Management LP acquired a new stake in shares of Transportadora de Gas del Sur in the fourth quarter worth approximately $4,813,000. Finally, Seldon Capital LP acquired a new stake in shares of Transportadora de Gas del Sur in the fourth quarter worth approximately $3,771,000. Hedge funds and other institutional investors own 3.29% of the company's stock.

Analyst Upgrades and Downgrades

TGS has been the subject of several recent research reports. Citigroup increased their price objective on Transportadora de Gas del Sur from $35.00 to $40.00 and gave the company a "buy" rating in a research note on Monday, May 19th. Santander upgraded shares of Transportadora de Gas del Sur to an "outperform" rating in a research report on Wednesday, May 14th. Finally, Wall Street Zen downgraded shares of Transportadora de Gas del Sur from a "strong-buy" rating to a "buy" rating in a research note on Monday, May 12th.

Transportadora de Gas del Sur Price Performance

Shares of TGS stock traded down $0.01 during trading hours on Monday, reaching $28.01. The company had a trading volume of 252,069 shares, compared to its average volume of 253,800. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.64 and a current ratio of 2.67. The stock has a fifty day moving average of $27.20 and a 200-day moving average of $27.90. The company has a market capitalization of $4.22 billion, a price-to-earnings ratio of 25.93 and a beta of 0.73. Transportadora de Gas del Sur S.A. has a 12-month low of $14.16 and a 12-month high of $34.37.

Transportadora de Gas del Sur Company 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.