Marshall Wace LLP Makes New $1.67 Million Investment in Pampa Energía S.A. (NYSE:PAM)

Marshall Wace LLP purchased a new stake in shares of Pampa Energía S.A. (NYSE:PAM - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 19,014 shares of the utilities provider's stock, valued at approximately $1,672,000.

Several other large investors have also made changes to their positions in the company. Insigneo Advisory Services LLC bought a new stake in Pampa Energía during the fourth quarter worth approximately $217,000. BTG Pactual Asset Management US LLC acquired a new stake in shares of Pampa Energía in the fourth quarter valued at about $326,000. Arete Wealth Advisors LLC bought a new position in shares of Pampa Energía in the fourth quarter worth about $240,000. Discovery Capital Management LLC CT boosted its stake in Pampa Energía by 30.9% during the 4th quarter. Discovery Capital Management LLC CT now owns 152,207 shares of the utilities provider's stock valued at $13,385,000 after purchasing an additional 35,914 shares during the period. Finally, OLD Mission Capital LLC bought a new position in Pampa Energía in the 4th quarter worth approximately $292,000. Institutional investors own 12.77% of the company's stock.

Wall Street Analyst Weigh In

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

Pampa Energía Stock Performance

PAM traded up $0.84 on Friday, hitting $71.09. 109,266 shares of the stock traded hands, compared to its average volume of 262,131. The business has a fifty day moving average price of $75.76 and a two-hundred day moving average price of $79.72. The company has a current ratio of 2.41, a quick ratio of 2.13 and a debt-to-equity ratio of 0.44. Pampa Energía S.A. has a 52 week low of $38.58 and a 52 week high of $97.55. The firm has a market capitalization of $3.88 billion, a PE ratio of 10.94 and a beta of 0.94.

Pampa Energía (NYSE:PAM - Get Free Report) last announced its quarterly earnings results on Wednesday, March 5th. The utilities provider reported $1.90 EPS for the quarter. Pampa Energía had a net margin of 19.86% and a return on equity of 12.15%. The firm had revenue of $435.00 million during the quarter, compared to analysts' expectations of $454.61 million. On average, research analysts predict that Pampa Energía S.A. will post 9.33 EPS for the current fiscal year.

Pampa Energía Company 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.