Transportadora De Gas Sa Ord B (NYSE:TGS) Raised to "Buy" at Wall Street Zen

Wall Street Zen upgraded shares of Transportadora De Gas Sa Ord B (NYSE:TGS - Free Report) from a hold rating to a buy rating in a research note published on Sunday.

Other research analysts have also issued research reports about the stock. Santander upgraded shares of Transportadora De Gas Sa Ord B to an "outperform" rating in a research note on Wednesday, May 14th. Citigroup upped their price target on shares of Transportadora De Gas Sa Ord B from $35.00 to $40.00 and gave the company a "buy" rating in a research note on Monday, May 19th.

Transportadora De Gas Sa Ord B Stock Performance

Shares of Transportadora De Gas Sa Ord B stock traded down $1.57 during trading on Friday, hitting $24.75. 437,982 shares of the stock were exchanged, compared to its average volume of 276,683. The stock has a market capitalization of $3.73 billion, a price-to-earnings ratio of 9.86 and a beta of 0.69. The company has a fifty day moving average price of $28.17 and a 200-day moving average price of $27.57. Transportadora De Gas Sa Ord B has a 1-year low of $14.16 and a 1-year high of $34.37. The company has a current ratio of 2.97, a quick ratio of 2.94 and a debt-to-equity ratio of 0.21.

Transportadora De Gas Sa Ord B Announces Dividend

The business also recently declared a -- dividend, which was paid on Tuesday, July 8th. Investors of record on Monday, June 30th were paid a $0.9279 dividend. The ex-dividend date of this dividend was Monday, June 30th. Transportadora De Gas Sa Ord B's dividend payout ratio (DPR) is currently 36.65%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in TGS. Point72 Asset Management L.P. acquired a new position in shares of Transportadora De Gas Sa Ord B during the 4th quarter worth approximately $76,000. GAMMA Investing LLC grew its position in shares of Transportadora De Gas Sa Ord B by 13.7% during the 1st quarter. GAMMA Investing LLC now owns 3,582 shares of the energy company's stock worth $95,000 after purchasing an additional 432 shares in the last quarter. Insigneo Advisory Services LLC acquired a new position in shares of Transportadora De Gas Sa Ord B during the 4th quarter worth approximately $216,000. NewEdge Advisors LLC grew its position in shares of Transportadora De Gas Sa Ord B by 1,493.8% during the 4th quarter. NewEdge Advisors LLC now owns 9,451 shares of the energy company's stock worth $277,000 after purchasing an additional 8,858 shares in the last quarter. Finally, Aquatic Capital Management LLC acquired a new position in shares of Transportadora De Gas Sa Ord B during the 4th quarter worth approximately $400,000. Institutional investors and hedge funds own 3.29% of the company's stock.

Transportadora De Gas Sa Ord B Company Profile

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.