Voloridge Investment Management LLC Purchases 9,514 Shares of Pampa Energía S.A. (NYSE:PAM)

Voloridge Investment Management LLC increased its position in Pampa Energía S.A. (NYSE:PAM - Free Report) by 21.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 53,189 shares of the utilities provider's stock after purchasing an additional 9,514 shares during the period. Voloridge Investment Management LLC owned approximately 0.10% of Pampa Energía worth $4,677,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Pampa Energía by 58.7% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 508,375 shares of the utilities provider's stock valued at $44,706,000 after buying an additional 188,114 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of Pampa Energía by 167.1% during the fourth quarter. JPMorgan Chase & Co. now owns 423,154 shares of the utilities provider's stock worth $37,212,000 after purchasing an additional 264,706 shares in the last quarter. Brevan Howard Capital Management LP grew its holdings in shares of Pampa Energía by 27.0% during the fourth quarter. Brevan Howard Capital Management LP now owns 258,348 shares of the utilities provider's stock worth $22,786,000 after purchasing an additional 54,923 shares in the last quarter. William Blair Investment Management LLC boosted its stake in Pampa Energía by 27.6% in the fourth quarter. William Blair Investment Management LLC now owns 200,078 shares of the utilities provider's stock worth $17,595,000 after buying an additional 43,257 shares in the last quarter. Finally, Discovery Capital Management LLC CT boosted its stake in Pampa Energía by 30.9% in the fourth quarter. Discovery Capital Management LLC CT now owns 152,207 shares of the utilities provider's stock worth $13,385,000 after buying an additional 35,914 shares in the last quarter. 12.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Wall Street Zen raised Pampa Energía from a "hold" rating to a "buy" rating in a research note on Wednesday, May 21st. Citigroup upped their target price on Pampa Energía from $88.00 to $92.00 and gave the stock a "neutral" rating in a research note on Monday, May 19th.

Pampa Energía Trading Down 2.0%

Shares of Pampa Energía stock traded down $1.54 during midday trading on Friday, reaching $76.65. 122,564 shares of the company's stock traded hands, compared to its average volume of 252,988. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.13 and a current ratio of 2.41. The company has a market cap of $4.18 billion, a PE ratio of 11.79 and a beta of 1.16. The stock has a 50 day moving average of $75.97 and a 200-day moving average of $81.40. Pampa Energía S.A. has a 12 month low of $38.58 and a 12 month high of $97.55.

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

About Pampa Energía

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.