19,014 Shares in Pampa Energía S.A. (NYSE:PAM) Acquired by Marshall Wace LLP

Marshall Wace LLP bought a new stake in Pampa Energía S.A. (NYSE:PAM - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 19,014 shares of the utilities provider's stock, valued at approximately $1,672,000.

Several other institutional investors and hedge funds have also modified their holdings of PAM. TT International Asset Management LTD lifted its position in shares of Pampa Energía by 250.9% during 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 acquiring an additional 862,723 shares during the period. JPMorgan Chase & Co. raised its stake in Pampa Energía by 167.1% in the fourth quarter. JPMorgan Chase & Co. now owns 423,154 shares of the utilities provider's stock valued at $37,212,000 after purchasing an additional 264,706 shares in the last quarter. William Blair Investment Management LLC lifted its position in Pampa Energía by 27.6% during the fourth quarter. William Blair Investment Management LLC now owns 200,078 shares of the utilities provider's stock worth $17,595,000 after purchasing an additional 43,257 shares during the period. Discovery Capital Management LLC CT grew its stake in Pampa Energía by 30.9% during 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. Finally, Candriam S.C.A. acquired a new stake in Pampa Energía during the fourth quarter worth about $8,038,000. 12.77% of the stock is currently owned by institutional investors and hedge funds.

Pampa Energía Price Performance

NYSE PAM traded up $0.84 during trading on Friday, hitting $71.09. 109,266 shares of the company's stock were exchanged, compared to its average volume of 261,594. The stock's 50 day moving average price is $75.65 and its two-hundred day moving average price is $79.95. Pampa Energía S.A. has a fifty-two week low of $38.58 and a fifty-two week high of $97.55. The company has a current ratio of 2.41, a quick ratio of 2.13 and a debt-to-equity ratio of 0.44. The company has a market cap of $3.88 billion, a PE ratio of 10.94 and a beta of 0.94.

Pampa Energía (NYSE:PAM - Get Free Report) last issued its quarterly earnings data on Wednesday, March 5th. The utilities provider reported $1.90 EPS for the quarter. The business had revenue of $435.00 million during the quarter, compared to the consensus estimate of $454.61 million. Pampa Energía had a net margin of 19.86% and a return on equity of 12.15%. Research analysts expect that Pampa Energía S.A. will post 9.33 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. upped their price target on shares of Pampa Energía from $59.00 to $93.50 and gave the stock a "neutral" rating in a report on Friday, January 10th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $71.63.

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.