Pampa Energía S.A. (NYSE:PAM) Short Interest Up 57.7% in May

Pampa Energía S.A. (NYSE:PAM - Get Free Report) saw a large increase in short interest in May. As of May 15th, there was short interest totalling 220,400 shares, an increase of 57.7% from the April 30th total of 139,800 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average trading volume of 218,600 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Trading of Pampa Energía

Several hedge funds have recently made changes to their positions in PAM. Advisors Preferred LLC acquired a new stake in Pampa Energía during the fourth quarter worth approximately $26,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in Pampa Energía in the fourth quarter valued at $49,000. Blue Trust Inc. raised its position in shares of Pampa Energía by 62.7% in the 4th quarter. Blue Trust Inc. now owns 672 shares of the utilities provider's stock worth $59,000 after buying an additional 259 shares during the period. Compass Group LLC purchased a new stake in Pampa Energía during the 4th quarter worth $152,000. Finally, Burns Matteson Capital Management LLC purchased a new position in Pampa Energía in the 1st quarter valued at about $186,000. Hedge funds and other institutional investors own 12.77% of the company's stock.

Pampa Energía Trading Up 1.9%

NYSE PAM traded up $1.45 on Tuesday, hitting $76.62. 151,681 shares of the stock were exchanged, compared to its average volume of 252,003. The stock has a fifty day moving average price of $75.83 and a two-hundred day moving average price of $81.43. Pampa Energía 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 0.44, a quick ratio of 2.13 and a current ratio of 2.41. The firm has a market capitalization of $4.18 billion, a P/E ratio of 11.79 and a beta of 1.16.

Pampa Energía (NYSE:PAM - Get Free Report) last released its earnings results on Monday, May 12th. The utilities provider reported $2.81 earnings per share for the quarter, topping the consensus estimate of $1.92 by $0.89. The company had revenue of $414.00 million for the quarter, compared to the consensus estimate of $487.63 million. Pampa Energía had a net margin of 19.86% and a return on equity of 12.15%. Research analysts forecast that Pampa Energía will post 9.33 EPS for the current fiscal year.

Analyst Ratings Changes

PAM has been the topic of a number of research analyst reports. Citigroup increased their price objective on shares of Pampa Energía from $88.00 to $92.00 and gave the stock a "neutral" rating in a research report on Monday, May 19th. Wall Street Zen raised shares of Pampa Energía from a "hold" rating to a "buy" rating in a research note on Wednesday, May 21st.

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.