Atria Investments Inc Sells 4,486 Shares of Pampa Energía S.A. (NYSE:PAM)

Atria Investments Inc lowered its holdings in Pampa Energía S.A. (NYSE:PAM - Free Report) by 39.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,900 shares of the utilities provider's stock after selling 4,486 shares during the period. Atria Investments Inc's holdings in Pampa Energía were worth $607,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Advisors Preferred LLC acquired a new position in shares of Pampa Energía in the 4th quarter valued at approximately $26,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Pampa Energía in the 4th quarter valued at approximately $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 valued at $59,000 after buying an additional 259 shares in the last quarter. QRG Capital Management Inc. acquired a new position in shares of Pampa Energía in the 4th quarter valued at approximately $210,000. Finally, GAMMA Investing LLC raised its position in shares of Pampa Energía by 75.9% in the 4th quarter. GAMMA Investing LLC now owns 2,464 shares of the utilities provider's stock valued at $217,000 after buying an additional 1,063 shares in the last quarter. Institutional investors own 12.77% of the company's stock.

Pampa Energía Trading Down 5.4 %

PAM traded down $4.33 during trading on Tuesday, reaching $75.92. 219,814 shares of the company's stock were exchanged, compared to its average volume of 283,595. Pampa Energía S.A. has a one year low of $38.58 and a one year high of $97.55. The company has a current ratio of 2.41, a quick ratio of 2.13 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $4.14 billion, a PE ratio of 11.68 and a beta of 0.92. The firm has a fifty day moving average price of $83.12 and a two-hundred day moving average price of $76.36.

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Pampa Energía (NYSE:PAM - Get Free Report) last posted its earnings results on Wednesday, March 5th. The utilities provider reported $1.90 earnings per share for the quarter. Pampa Energía had a net margin of 19.86% and a return on equity of 12.15%. The firm had revenue of $435.00 million for the quarter, compared to analyst estimates of $454.61 million. As a group, equities research analysts forecast that Pampa Energía S.A. will post 9.33 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. boosted their target price on shares of Pampa Energía from $59.00 to $93.50 and gave the company a "neutral" rating in a research report on Friday, January 10th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $71.63.

About Pampa Energía

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.