Glenorchy Capital Ltd Invests $2.13 Million in Pampa Energía S.A. (NYSE:PAM)

Glenorchy Capital Ltd purchased a new position in shares of Pampa Energía S.A. (NYSE:PAM - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 42,914 shares of the utilities provider's stock, valued at approximately $2,125,000. Pampa Energía comprises approximately 0.8% of Glenorchy Capital Ltd's holdings, making the stock its 19th biggest position. Glenorchy Capital Ltd owned approximately 0.08% of Pampa Energía at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in PAM. GAMMA Investing LLC purchased a new stake in Pampa Energía during the 4th quarter worth about $41,000. FNY Investment Advisers LLC purchased a new stake in Pampa Energía during the 4th quarter worth about $99,000. Barclays PLC purchased a new stake in Pampa Energía during the 2nd quarter worth about $87,000. Quantbot Technologies LP increased its position in Pampa Energía by 177.5% during the 3rd quarter. Quantbot Technologies LP now owns 3,386 shares of the utilities provider's stock worth $127,000 after purchasing an additional 2,166 shares in the last quarter. Finally, Claro Advisors LLC purchased a new stake in Pampa Energía during the 4th quarter worth about $237,000. Institutional investors and hedge funds own 12.77% of the company's stock.

Analyst Ratings Changes

PAM has been the subject of a number of recent research reports. StockNews.com cut Pampa Energía from a "buy" rating to a "hold" rating in a research report on Monday, April 8th. Citigroup lowered their price target on Pampa Energía from $55.00 to $51.00 and set a "neutral" rating for the company in a report on Wednesday, April 17th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $41.33.

Pampa Energía Trading Down 2.5 %

PAM traded down $1.15 during midday trading on Tuesday, hitting $45.10. The company's stock had a trading volume of 327,069 shares, compared to its average volume of 260,097. The company has a current ratio of 2.56, a quick ratio of 2.16 and a debt-to-equity ratio of 0.51. The firm has a market cap of $2.46 billion, a P/E ratio of 8.24, a PEG ratio of 0.42 and a beta of 0.95. The firm has a 50-day moving average price of $42.72 and a two-hundred day moving average price of $43.87. Pampa Energía S.A. has a 52-week low of $32.10 and a 52-week high of $52.17.

Pampa Energía (NYSE:PAM - Get Free Report) last released its quarterly earnings data on Wednesday, March 6th. The utilities provider reported ($2.90) earnings per share for the quarter, missing the consensus estimate of ($1.44) by ($1.46). The firm had revenue of $362.00 million during the quarter, compared to analyst estimates of $395.56 million. Pampa Energía had a net margin of 17.45% and a return on equity of 10.84%. On average, research analysts anticipate that Pampa Energía S.A. will post 7.02 earnings per share for the current year.

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.

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