Transportadora De Gas Sa Ord B (NYSE:TGS) Upgraded 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 report released on Sunday.

TGS has been the subject of a number of other research reports. Citigroup upped their price target on Transportadora De Gas Sa Ord B from $35.00 to $40.00 and gave the stock a "buy" rating in a research report on Monday, May 19th. Santander upgraded Transportadora De Gas Sa Ord B to an "outperform" rating in a research note on Wednesday, May 14th.

Transportadora De Gas Sa Ord B Stock Down 0.8%

Shares of TGS traded down $0.21 on Friday, hitting $25.77. The company's stock had a trading volume of 269,376 shares, compared to its average volume of 278,582. The company has a quick ratio of 2.94, a current ratio of 2.97 and a debt-to-equity ratio of 0.21. The firm's fifty day moving average price is $28.16 and its 200-day moving average price is $27.52. Transportadora De Gas Sa Ord B has a fifty-two week low of $14.16 and a fifty-two week high of $34.37. The firm has a market capitalization of $3.88 billion, a price-to-earnings ratio of 10.27 and a beta of 0.69.

Transportadora De Gas Sa Ord B Announces Dividend

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

Institutional Investors Weigh In On Transportadora De Gas Sa Ord B

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

About Transportadora De Gas Sa Ord B

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.