Pampa Energía S.A. (NYSE:PAM) Shares Sold by Jump Financial LLC

Jump Financial LLC decreased its position in Pampa Energía S.A. (NYSE:PAM - Free Report) by 82.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,553 shares of the utilities provider's stock after selling 31,319 shares during the period. Jump Financial LLC's holdings in Pampa Energía were worth $576,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. TT International Asset Management LTD boosted its holdings in shares of Pampa Energía by 250.9% in the 4th quarter. TT International Asset Management LTD now owns 1,206,603 shares of the utilities provider's stock valued at $106,108,000 after buying an additional 862,723 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Pampa Energía by 40.2% in the third quarter. JPMorgan Chase & Co. now owns 158,448 shares of the utilities provider's stock valued at $9,513,000 after acquiring an additional 45,409 shares in the last quarter. ABS Direct Equity Fund LLC grew its holdings in Pampa Energía by 186.7% in the fourth quarter. ABS Direct Equity Fund LLC now owns 17,200 shares of the utilities provider's stock worth $1,513,000 after purchasing an additional 11,200 shares during the last quarter. Verde Servicos Internacionais S.A. acquired a new position in shares of Pampa Energía during the fourth quarter worth $308,000. Finally, DGS Capital Management LLC acquired a new stake in shares of Pampa Energía in the 4th quarter worth $282,000. 12.77% of the stock is currently owned by institutional investors.

Pampa Energía Stock Performance

PAM traded down $0.41 on Tuesday, reaching $73.63. 27,742 shares of the stock were exchanged, compared to its average volume of 262,320. The company's 50-day moving average price is $76.28 and its 200 day moving average price is $79.79. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.41 and a quick ratio of 2.13. The firm has a market capitalization of $4.02 billion, a PE ratio of 11.33 and a beta of 0.94. Pampa Energía S.A. has a fifty-two week low of $38.58 and a fifty-two week high of $97.55.

Pampa Energía (NYSE:PAM - Get Free Report) last issued its earnings results on Wednesday, March 5th. The utilities provider reported $1.90 EPS for the quarter. Pampa Energía had a return on equity of 12.15% and a net margin of 19.86%. The firm had revenue of $435.00 million for the quarter, compared to analyst estimates of $454.61 million. As a group, sell-side analysts forecast that Pampa Energía S.A. will post 9.33 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. increased their price target on Pampa Energía from $59.00 to $93.50 and gave the company a "neutral" rating in a research note on Friday, January 10th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, Pampa Energía currently has a consensus rating of "Hold" and a consensus target price of $71.63.

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.