Van Lanschot Kempen Investment Management N.V. Invests $989,000 in Transportadora de Gas del Sur S.A. (NYSE:TGS)

Van Lanschot Kempen Investment Management N.V. bought a new position in shares of Transportadora de Gas del Sur S.A. (NYSE:TGS - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 33,791 shares of the energy company's stock, valued at approximately $989,000.

A number of other institutional investors also recently modified their holdings of the business. GAMMA Investing LLC raised its holdings in Transportadora de Gas del Sur by 118.8% in the 4th quarter. GAMMA Investing LLC now owns 3,150 shares of the energy company's stock valued at $92,000 after acquiring an additional 1,710 shares in the last quarter. Blue Trust Inc. raised its stake in Transportadora de Gas del Sur by 24.4% in the fourth quarter. Blue Trust Inc. now owns 5,276 shares of the energy company's stock valued at $154,000 after purchasing an additional 1,036 shares in the last quarter. Virtu Financial LLC acquired a new position in Transportadora de Gas del Sur in the third quarter valued at about $190,000. Insigneo Advisory Services LLC bought a new stake in Transportadora de Gas del Sur during the fourth quarter worth about $216,000. Finally, NewEdge Advisors LLC grew its stake in Transportadora de Gas del Sur by 1,493.8% during the fourth quarter. NewEdge Advisors LLC now owns 9,451 shares of the energy company's stock worth $277,000 after buying an additional 8,858 shares in the last quarter. Institutional investors own 3.29% of the company's stock.

Transportadora de Gas del Sur Price Performance

NYSE:TGS traded down $0.29 during trading hours on Monday, hitting $25.86. The company's stock had a trading volume of 63,031 shares, compared to its average volume of 336,072. Transportadora de Gas del Sur S.A. has a twelve month low of $14.16 and a twelve month high of $34.37. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.67 and a quick ratio of 2.64. The stock has a fifty day simple moving average of $25.96 and a 200-day simple moving average of $26.80. The company has a market capitalization of $3.89 billion, a P/E ratio of 23.94 and a beta of 0.62.

Analysts Set New Price Targets

TGS has been the subject of several analyst reports. StockNews.com upgraded shares of Transportadora de Gas del Sur from a "buy" rating to a "strong-buy" rating in a research report on Wednesday, February 19th. Citigroup initiated 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 price objective for the company.

About Transportadora de Gas del Sur

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.