StockNews.com Lowers Pampa Energía (NYSE:PAM) to Hold

Pampa Energía (NYSE:PAM - Get Free Report) was downgraded by stock analysts at StockNews.com from a "buy" rating to a "hold" rating in a research note issued to investors on Monday.

Pampa Energía Stock Down 1.2 %

Shares of NYSE:PAM traded down $0.56 during midday trading on Monday, reaching $46.04. The company had a trading volume of 1,356,208 shares, compared to its average volume of 248,288. The company has a quick ratio of 2.16, a current ratio of 2.56 and a debt-to-equity ratio of 0.51. The business's 50 day moving average price is $43.18 and its 200 day moving average price is $43.43. The stock has a market cap of $2.51 billion, a PE ratio of 8.42, a P/E/G ratio of 0.45 and a beta of 0.95. Pampa Energía has a 1-year low of $32.10 and a 1-year high of $52.17.

Pampa Energía (NYSE:PAM - Get Free Report) last posted its quarterly earnings results on Wednesday, March 6th. The utilities provider reported ($2.90) earnings per share for the quarter, missing analysts' consensus estimates of ($1.44) by ($1.46). The company had revenue of $362.00 million during the quarter, compared to the consensus estimate of $395.56 million. Pampa Energía had a net margin of 17.45% and a return on equity of 10.84%. Research analysts forecast that Pampa Energía will post 7.02 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. QP Wealth Management LLC boosted its position in Pampa Energía by 10.6% during the third quarter. QP Wealth Management LLC now owns 5,725 shares of the utilities provider's stock worth $214,000 after purchasing an additional 550 shares during the period. Dfpg Investments LLC boosted its stake in Pampa Energía by 5.7% in the 4th quarter. Dfpg Investments LLC now owns 14,194 shares of the utilities provider's stock valued at $688,000 after purchasing an additional 767 shares during the period. Csenge Advisory Group grew its holdings in Pampa Energía by 4.0% in the 3rd quarter. Csenge Advisory Group now owns 21,004 shares of the utilities provider's stock valued at $785,000 after buying an additional 814 shares in the last quarter. GAMMA Investing LLC acquired a new stake in shares of Pampa Energía during the fourth quarter worth $41,000. Finally, SPX Gestao de Recursos Ltda bought a new stake in shares of Pampa Energía in the fourth quarter valued at about $44,000. 12.77% of the stock is currently owned by institutional investors and hedge funds.

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.

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