Arrowstreet Capital Limited Partnership purchased a new position in Transportadora de Gas del Sur S.A. (NYSE:TGS - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 95,821 shares of the energy company's stock, valued at approximately $2,805,000. Arrowstreet Capital Limited Partnership owned 0.06% of Transportadora de Gas del Sur as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently modified their holdings of TGS. GAMMA Investing LLC increased its holdings in Transportadora de Gas del Sur by 118.8% in the fourth quarter. GAMMA Investing LLC now owns 3,150 shares of the energy company's stock worth $92,000 after purchasing an additional 1,710 shares in the last quarter. Blue Trust Inc. grew its position in shares of Transportadora de Gas del Sur by 24.4% during the 4th quarter. Blue Trust Inc. now owns 5,276 shares of the energy company's stock worth $154,000 after buying an additional 1,036 shares during the period. Virtu Financial LLC bought a new stake in shares of Transportadora de Gas del Sur in the 3rd quarter valued at $190,000. Centiva Capital LP acquired a new position in shares of Transportadora de Gas del Sur during the 3rd quarter valued at $251,000. Finally, XTX Topco Ltd bought a new position in Transportadora de Gas del Sur during the third quarter worth $349,000. Institutional investors and hedge funds own 3.29% of the company's stock.
Analyst Upgrades and Downgrades
Several equities research analysts have weighed in on the stock. Citigroup began coverage on shares of Transportadora de Gas del Sur in a research note on Wednesday, February 12th. They issued a "buy" rating and a $35.00 price target for the company. StockNews.com raised Transportadora de Gas del Sur from a "buy" rating to a "strong-buy" rating in a research note on Wednesday, February 19th.
Check Out Our Latest Analysis on TGS
Transportadora de Gas del Sur Stock Down 2.4 %
NYSE TGS traded down $0.68 during mid-day trading on Tuesday, hitting $27.41. The company's stock had a trading volume of 40,642 shares, compared to its average volume of 346,014. The firm has a market capitalization of $4.13 billion, a price-to-earnings ratio of 25.37 and a beta of 0.62. The company's 50 day simple moving average is $26.00 and its 200 day simple moving average is $26.34. The company has a current ratio of 2.67, a quick ratio of 2.64 and a debt-to-equity ratio of 0.24. Transportadora de Gas del Sur S.A. has a twelve month low of $14.16 and a twelve month high of $34.37.
Transportadora de Gas del Sur Company 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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