MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Has $42.57 Million Stake in Transportadora de Gas del Sur S.A. (NYSE:TGS)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Transportadora de Gas del Sur S.A. (NYSE:TGS - Free Report) by 67.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,454,524 shares of the energy company's stock after buying an additional 583,991 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.97% of Transportadora de Gas del Sur worth $42,574,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of TGS. Blue Trust Inc. grew 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 acquiring an additional 1,036 shares in the last quarter. Insigneo Advisory Services LLC purchased a new stake in shares of Transportadora de Gas del Sur in the fourth quarter worth approximately $216,000. NewEdge Advisors LLC boosted its holdings in shares of Transportadora de Gas del Sur by 1,493.8% during the fourth quarter. NewEdge Advisors LLC now owns 9,451 shares of the energy company's stock worth $277,000 after purchasing an additional 8,858 shares during the period. Aquatic Capital Management LLC purchased a new position in Transportadora de Gas del Sur during the fourth quarter valued at approximately $400,000. Finally, Bank of America Corp DE grew its position in Transportadora de Gas del Sur by 339.0% during the fourth quarter. Bank of America Corp DE now owns 14,585 shares of the energy company's stock valued at $427,000 after purchasing an additional 11,263 shares in the last quarter. 3.29% of the stock is owned by institutional investors and hedge funds.

Transportadora de Gas del Sur Stock Up 3.8%

Shares of NYSE TGS traded up $1.17 during trading hours on Monday, hitting $31.88. The stock had a trading volume of 215,609 shares, compared to its average volume of 251,933. The firm's 50-day moving average price is $26.47 and its two-hundred day moving average price is $27.43. Transportadora de Gas del Sur S.A. has a 52 week low of $14.16 and a 52 week high of $34.37. The company has a market capitalization of $4.80 billion, a P/E ratio of 29.70 and a beta of 0.73. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.64 and a current ratio of 2.67.

Wall Street Analysts Forecast Growth

TGS has been the subject of a number of research analyst reports. Citigroup started coverage on shares of Transportadora de Gas del Sur in a research report on Wednesday, February 12th. They issued a "buy" rating and a $35.00 target price for the company. StockNews.com lowered Transportadora de Gas del Sur from a "strong-buy" rating to a "buy" rating in a report on Monday, May 12th. Finally, Santander raised Transportadora de Gas del Sur to an "outperform" rating in a research report on Wednesday, May 14th.

Transportadora de Gas del Sur Company Profile

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.