Two Sigma Investments LP Decreases Stock Holdings in Transportadora de Gas del Sur S.A. (NYSE:TGS)

Two Sigma Investments LP reduced its stake in shares of Transportadora de Gas del Sur S.A. (NYSE:TGS - Free Report) by 41.8% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 79,062 shares of the energy company's stock after selling 56,882 shares during the period. Two Sigma Investments LP owned approximately 0.05% of Transportadora de Gas del Sur worth $2,314,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TGS. Point72 Asset Management L.P. acquired a new stake in Transportadora de Gas del Sur during the fourth quarter valued at $76,000. Blue Trust Inc. boosted its stake in shares of Transportadora de Gas del Sur by 24.4% during the 4th quarter. Blue Trust Inc. now owns 5,276 shares of the energy company's stock worth $154,000 after acquiring an additional 1,036 shares in the last quarter. Insigneo Advisory Services LLC acquired a new stake in shares of Transportadora de Gas del Sur during the 4th quarter valued at about $216,000. NewEdge Advisors LLC grew its position in shares of Transportadora de Gas del Sur by 1,493.8% during the 4th quarter. NewEdge Advisors LLC now owns 9,451 shares of the energy company's stock valued at $277,000 after acquiring an additional 8,858 shares during the period. Finally, Aquatic Capital Management LLC purchased a new position in shares of Transportadora de Gas del Sur in the 4th quarter valued at about $400,000. 3.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TGS has been the topic of several research analyst reports. Santander raised Transportadora de Gas del Sur to an "outperform" rating in a report on Wednesday, May 14th. Wall Street Zen lowered Transportadora de Gas del Sur from a "strong-buy" rating to a "buy" rating in a research report on Monday, May 12th. Finally, 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 note on Monday, May 19th.

Transportadora de Gas del Sur Price Performance

Shares of TGS traded down $1.07 during mid-day trading on Wednesday, hitting $27.01. 312,508 shares of the company were exchanged, compared to its average volume of 253,602. The stock has a market cap of $4.07 billion, a price-to-earnings ratio of 25.01 and a beta of 0.73. Transportadora de Gas del Sur S.A. has a 1-year low of $14.16 and a 1-year high of $34.37. The company has a 50 day moving average of $27.20 and a 200-day moving average of $27.89. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.64 and a current ratio of 2.67.

About Transportadora de Gas del Sur

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.