Voloridge Investment Management LLC Boosts Stock Holdings in Pampa Energía S.A. (NYSE:PAM)

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

A number of other institutional investors also recently modified their holdings of PAM. Two Sigma Advisers LP increased its stake in Pampa Energía by 122.9% in the fourth quarter. Two Sigma Advisers LP now owns 10,700 shares of the utilities provider's stock valued at $941,000 after purchasing an additional 5,900 shares in the last quarter. Two Sigma Investments LP grew its stake in shares of Pampa Energía by 0.6% in the 4th quarter. Two Sigma Investments LP now owns 80,034 shares of the utilities provider's stock valued at $7,038,000 after buying an additional 473 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Pampa Energía by 58.7% in the 4th 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 in the last quarter. Brevan Howard Capital Management LP raised its stake in Pampa Energía by 27.0% during the 4th quarter. Brevan Howard Capital Management LP now owns 258,348 shares of the utilities provider's stock worth $22,786,000 after buying an additional 54,923 shares during the period. Finally, Balyasny Asset Management L.P. bought a new position in Pampa Energía in the fourth quarter worth approximately $8,556,000. Institutional investors and hedge funds own 12.77% of the company's stock.

Analysts Set New Price Targets

PAM has been the topic of a number of research reports. Citigroup upped their target price on Pampa Energía from $88.00 to $92.00 and gave the stock a "neutral" rating in a research report on Monday, May 19th. Wall Street Zen raised shares of Pampa Energía from a "hold" rating to a "buy" rating in a research note on Wednesday, May 21st.

Pampa Energía Stock Down 2.0%

Shares of Pampa Energía stock traded down $1.54 on Friday, hitting $76.65. The company had a trading volume of 122,563 shares, compared to its average volume of 239,810. Pampa Energía S.A. has a 1 year low of $38.58 and a 1 year high of $97.55. 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 stock has a 50 day moving average of $76.12 and a 200-day moving average of $81.31. The stock has a market capitalization of $4.18 billion, a price-to-earnings ratio of 11.79 and a beta of 1.16.

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

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.