Two Sigma Investments LP Has $2.31 Million Stake in Transportadora de Gas del Sur S.A. (NYSE:TGS)

Two Sigma Investments LP trimmed its holdings in Transportadora de Gas del Sur S.A. (NYSE:TGS - Free Report) by 41.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 79,062 shares of the energy company's stock after selling 56,882 shares during the period. Two Sigma Investments LP owned 0.05% of Transportadora de Gas del Sur worth $2,314,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Arrowstreet Capital Limited Partnership acquired a new position in shares of Transportadora de Gas del Sur in the fourth quarter valued at $2,805,000. Jane Street Group LLC boosted its holdings in shares of Transportadora de Gas del Sur by 101.7% during the 4th quarter. Jane Street Group LLC now owns 52,921 shares of the energy company's stock worth $1,549,000 after buying an additional 26,684 shares during the period. Aquatic Capital Management LLC bought a new stake in shares of Transportadora de Gas del Sur during the 4th quarter worth about $400,000. Balyasny Asset Management L.P. acquired a new position in Transportadora de Gas del Sur in the 4th quarter valued at about $9,812,000. Finally, Hood River Capital Management LLC acquired a new position in Transportadora de Gas del Sur in the 4th quarter valued at about $644,000. 3.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on TGS shares. Santander raised shares of Transportadora de Gas del Sur to an "outperform" rating in a research report on Wednesday, May 14th. Citigroup lifted their price target on shares of Transportadora de Gas del Sur from $35.00 to $40.00 and gave the company a "buy" rating in a research report on Monday, May 19th. Finally, Wall Street Zen lowered 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

Transportadora de Gas del Sur stock traded up $0.10 during trading hours on Wednesday, reaching $28.18. 73,853 shares of the stock were exchanged, compared to its average volume of 252,933. Transportadora de Gas del Sur S.A. has a twelve month low of $14.16 and a twelve month high of $34.37. The stock has a 50 day moving average of $27.20 and a two-hundred day moving average of $27.90. The company has a current ratio of 2.67, a quick ratio of 2.64 and a debt-to-equity ratio of 0.24. The company has a market cap of $4.24 billion, a P/E ratio of 25.95 and a beta of 0.73.

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.