Pampa Energía S.A. (NYSE:PAM) Sees Large Increase in Short Interest

Pampa Energía S.A. (NYSE:PAM - Get Free Report) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 162,300 shares, a growth of 30.7% from the March 31st total of 124,200 shares. Approximately 0.3% of the company's shares are sold short. Based on an average daily trading volume, of 247,200 shares, the short-interest ratio is presently 0.7 days.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. TT International Asset Management LTD grew its position in Pampa Energía by 250.9% during the fourth quarter. TT International Asset Management LTD now owns 1,206,603 shares of the utilities provider's stock valued at $106,108,000 after acquiring an additional 862,723 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of Pampa Energía by 40.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 158,448 shares of the utilities provider's stock worth $9,513,000 after purchasing an additional 45,409 shares during the period. ABS Direct Equity Fund LLC increased its position in Pampa Energía by 186.7% during the 4th quarter. ABS Direct Equity Fund LLC now owns 17,200 shares of the utilities provider's stock worth $1,513,000 after purchasing an additional 11,200 shares in the last quarter. Verde Servicos Internacionais S.A. purchased a new position in Pampa Energía in the fourth quarter valued at approximately $308,000. Finally, DGS Capital Management LLC purchased a new position in Pampa Energía in the fourth quarter valued at approximately $282,000. 12.77% of the stock is owned by hedge funds and other institutional investors.

Pampa Energía Trading Up 1.2 %

Shares of NYSE PAM traded up $0.84 on Friday, reaching $71.09. 109,266 shares of the company traded hands, compared to its average volume of 261,594. The stock has a market capitalization of $3.88 billion, a PE ratio of 10.94 and a beta of 0.94. Pampa Energía has a fifty-two week low of $38.58 and a fifty-two week high of $97.55. The company has a current ratio of 2.41, a quick ratio of 2.13 and a debt-to-equity ratio of 0.44. The company has a 50 day moving average of $75.65 and a 200 day moving average of $79.87.

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

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. lifted their target price 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 issued a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $71.63.

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.

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