Jump Financial LLC Raises Stake in Transportadora de Gas del Sur S.A. (NYSE:TGS)

Jump Financial LLC lifted its stake in shares of Transportadora de Gas del Sur S.A. (NYSE:TGS - Free Report) by 53.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,271 shares of the energy company's stock after purchasing an additional 14,654 shares during the quarter. Jump Financial LLC's holdings in Transportadora de Gas del Sur were worth $1,237,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. GAMMA Investing LLC grew its holdings in shares of Transportadora de Gas del Sur by 118.8% during the fourth quarter. GAMMA Investing LLC now owns 3,150 shares of the energy company's stock valued at $92,000 after buying an additional 1,710 shares during the last quarter. Blue Trust Inc. boosted its stake in 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 valued at $154,000 after purchasing an additional 1,036 shares during the last quarter. Virtu Financial LLC bought a new stake in Transportadora de Gas del Sur during the 3rd quarter worth approximately $190,000. Jane Street Group LLC bought a new stake in Transportadora de Gas del Sur during the 3rd quarter worth approximately $481,000. Finally, Ping Capital Management Inc. raised its stake in shares of Transportadora de Gas del Sur by 4.9% in the fourth quarter. Ping Capital Management Inc. now owns 38,800 shares of the energy company's stock worth $1,136,000 after purchasing an additional 1,800 shares during the last quarter. 3.29% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on TGS shares. StockNews.com upgraded Transportadora de Gas del Sur from a "buy" rating to a "strong-buy" rating in a report on Wednesday, February 19th. Citigroup initiated coverage on shares of Transportadora de Gas del Sur in a report on Wednesday, February 12th. They set a "buy" rating and a $35.00 price objective on the stock.

Transportadora de Gas del Sur Stock Down 2.2 %

NYSE:TGS traded down $0.58 on Friday, hitting $26.06. The stock had a trading volume of 183,172 shares, compared to its average volume of 248,286. Transportadora de Gas del Sur S.A. has a 1 year low of $14.16 and a 1 year high of $34.37. The firm's fifty day simple moving average is $25.96 and its two-hundred day simple moving average is $26.72. The stock has a market cap of $3.92 billion, a P/E ratio of 24.13 and a beta of 0.62. 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.