Pampa Energia S.A. (NYSE:PAM) Short Interest Down 31.0% in May

Pampa Energia S.A. (NYSE:PAM - Get Free Report) was the target of a significant decline in short interest during the month of May. As of May 31st, there was short interest totalling 152,100 shares, a decline of 31.0% from the May 15th total of 220,400 shares. Approximately 0.3% of the company's stock are short sold. Based on an average daily trading volume, of 210,000 shares, the short-interest ratio is presently 0.7 days.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on PAM. Citigroup raised their price objective on Pampa Energia from $88.00 to $92.00 and gave the stock a "neutral" rating in a research note on Monday, May 19th. Wall Street Zen upgraded shares of Pampa Energia from a "hold" rating to a "buy" rating in a research report on Wednesday, May 21st.

Hedge Funds Weigh In On Pampa Energia

A number of institutional investors have recently made changes to their positions in PAM. Wellington Management Group LLP acquired a new position in Pampa Energia in the 4th quarter valued at approximately $1,512,000. Whittier Trust Co. raised its stake in shares of Pampa Energia by 52.6% in the fourth quarter. Whittier Trust Co. now owns 22,986 shares of the utilities provider's stock valued at $2,021,000 after purchasing an additional 7,924 shares in the last quarter. First Trust Advisors LP bought a new position in Pampa Energia in the fourth quarter worth $347,000. Two Sigma Advisers LP boosted its stake in Pampa Energia by 122.9% during the fourth quarter. Two Sigma Advisers LP now owns 10,700 shares of the utilities provider's stock worth $941,000 after buying an additional 5,900 shares in the last quarter. Finally, ABS Direct Equity Fund LLC increased its holdings in Pampa Energia by 73.0% in the 1st quarter. ABS Direct Equity Fund LLC now owns 29,750 shares of the utilities provider's stock valued at $2,297,000 after buying an additional 12,550 shares during the period. 12.77% of the stock is currently owned by institutional investors.

Pampa Energia Trading Down 3.4%

NYSE PAM traded down $2.48 on Friday, hitting $70.72. 92,683 shares of the stock were exchanged, compared to its average volume of 242,461. Pampa Energia has a 52-week low of $38.58 and a 52-week high of $97.55. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.82 and a quick ratio of 1.58. The company has a market capitalization of $3.86 billion, a price-to-earnings ratio of 7.68 and a beta of 1.18. The company's 50-day moving average price is $76.47 and its two-hundred day moving average price is $80.64.

Pampa Energia (NYSE:PAM - Get Free Report) last issued its earnings results on Monday, May 12th. The utilities provider reported $2.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.92 by $0.89. The company had revenue of $414.00 million during the quarter, compared to analyst estimates of $487.63 million. Pampa Energia had a net margin of 26.73% and a return on equity of 15.29%. Research analysts predict that Pampa Energia will post 9.33 EPS for the current year.

Pampa Energia 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.