Seldon Capital LP bought a new position in Transportadora de Gas del Sur S.A. (NYSE:TGS - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 128,848 shares of the energy company's stock, valued at approximately $3,771,000. Transportadora de Gas del Sur comprises about 1.5% of Seldon Capital LP's investment portfolio, making the stock its 21st largest holding. Seldon Capital LP owned about 0.09% of Transportadora de Gas del Sur at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. William Blair Investment Management LLC acquired a new position in Transportadora de Gas del Sur in the fourth quarter worth approximately $5,246,000. Arrowstreet Capital Limited Partnership bought a new stake in Transportadora de Gas del Sur in the fourth quarter worth approximately $2,805,000. Jump Financial LLC increased its stake in shares of Transportadora de Gas del Sur by 53.1% during the 4th quarter. Jump Financial LLC now owns 42,271 shares of the energy company's stock worth $1,237,000 after purchasing an additional 14,654 shares during the last quarter. Ping Capital Management Inc. raised its holdings in shares of Transportadora de Gas del Sur by 4.9% during the 4th quarter. Ping Capital Management Inc. now owns 38,800 shares of the energy company's stock valued at $1,136,000 after purchasing an additional 1,800 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of Transportadora de Gas del Sur in the 3rd quarter valued at $481,000. 3.29% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
TGS has been the topic of several analyst reports. Citigroup started coverage on shares of Transportadora de Gas del Sur in a research report on Wednesday, February 12th. They set a "buy" rating and a $35.00 target price on the stock. StockNews.com raised Transportadora de Gas del Sur from a "buy" rating to a "strong-buy" rating in a report on Wednesday, February 19th.
Read Our Latest Report on TGS
Transportadora de Gas del Sur Stock Performance
Shares of Transportadora de Gas del Sur stock traded down $0.69 on Friday, reaching $25.95. The stock had a trading volume of 109,125 shares, compared to its average volume of 247,869. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.64 and a current ratio of 2.67. The business's 50-day moving average price is $26.00 and its two-hundred day moving average price is $26.67. The stock has a market cap of $3.91 billion, a P/E ratio of 24.03 and a beta of 0.62. Transportadora de Gas del Sur S.A. has a fifty-two week low of $14.16 and a fifty-two week high of $34.37.
Transportadora de Gas del Sur Profile
(
Free Report)
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; Midstream; and Telecommunications.
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