Mirae Asset Global Investments Co. Ltd. Has $5.38 Million Holdings in Transportadora de Gas del Sur S.A. (NYSE:TGS)

Mirae Asset Global Investments Co. Ltd. raised its position in Transportadora de Gas del Sur S.A. (NYSE:TGS - Free Report) by 62.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 356,427 shares of the energy company's stock after buying an additional 136,499 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned approximately 0.24% of Transportadora de Gas del Sur worth $5,378,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of Transportadora de Gas del Sur during the third quarter worth approximately $25,000. Vident Investment Advisory LLC grew its holdings in Transportadora de Gas del Sur by 16.3% in the fourth quarter. Vident Investment Advisory LLC now owns 18,550 shares of the energy company's stock valued at $219,000 after purchasing an additional 2,597 shares during the last quarter. Tower Research Capital LLC TRC acquired a new stake in shares of Transportadora de Gas del Sur during the first quarter valued at $27,000. Blue Trust Inc. acquired a new stake in shares of Transportadora de Gas del Sur during the fourth quarter valued at $41,000. Finally, Truist Financial Corp boosted its stake in shares of Transportadora de Gas del Sur by 15.0% during the fourth quarter. Truist Financial Corp now owns 31,461 shares of the energy company's stock valued at $371,000 after acquiring an additional 4,111 shares during the last quarter. Hedge funds and other institutional investors own 3.29% of the company's stock.

Transportadora de Gas del Sur Stock Up 0.2 %

Shares of NYSE:TGS traded up $0.03 during mid-day trading on Tuesday, hitting $15.63. 542,912 shares of the company traded hands, compared to its average volume of 257,677. The firm has a market cap of $2.35 billion, a P/E ratio of 55.82 and a beta of 0.71. The company has a debt-to-equity ratio of 0.48, a quick ratio of 3.49 and a current ratio of 3.56. Transportadora de Gas del Sur S.A. has a 52-week low of $9.50 and a 52-week high of $19.95. The firm's 50 day simple moving average is $14.31 and its 200 day simple moving average is $13.52.

Transportadora de Gas del Sur (NYSE:TGS - Get Free Report) last announced its earnings results on Monday, March 4th. The energy company reported ($0.38) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.40). The company had revenue of $249.63 million for the quarter, compared to analysts' expectations of $227.09 million. Transportadora de Gas del Sur had a net margin of 4.16% and a return on equity of 1.88%. On average, equities analysts anticipate that Transportadora de Gas del Sur S.A. will post 0.07 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on TGS shares. StockNews.com downgraded Transportadora de Gas del Sur from a "strong-buy" rating to a "buy" rating in a research report on Thursday, March 28th. TheStreet upgraded Transportadora de Gas del Sur from a "c" rating to a "b-" rating in a report on Tuesday, January 2nd.

Transportadora de Gas del Sur 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; Other Services; and Telecommunications.