Schroder Investment Management Group lowered its position in shares of Transportadora de Gas del Sur S.A. (NYSE:TGS - Free Report) by 53.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 147,063 shares of the energy company's stock after selling 167,230 shares during the period. Schroder Investment Management Group owned approximately 0.10% of Transportadora de Gas del Sur worth $4,305,000 as of its most recent SEC filing.
Other hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC raised its stake in shares of Transportadora de Gas del Sur by 118.8% during the fourth quarter. GAMMA Investing LLC now owns 3,150 shares of the energy company's stock valued at $92,000 after purchasing an additional 1,710 shares during the period. Blue Trust Inc. grew its position in shares of Transportadora de Gas del Sur by 24.4% during the fourth 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 in the last quarter. Virtu Financial LLC acquired a new stake in shares of Transportadora de Gas del Sur during the third quarter worth approximately $190,000. Centiva Capital LP acquired a new stake in shares of Transportadora de Gas del Sur during the third quarter worth approximately $251,000. Finally, XTX Topco Ltd bought a new stake in Transportadora de Gas del Sur during the third quarter valued at $349,000. Hedge funds and other institutional investors own 3.29% of the company's stock.
Wall Street Analyst Weigh In
Several analysts have weighed in on TGS shares. Citigroup began coverage on shares of Transportadora de Gas del Sur in a research note on Wednesday, February 12th. They set a "buy" rating and a $35.00 target price for the company. 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.
Check Out Our Latest Stock Report on TGS
Transportadora de Gas del Sur Stock Performance
Shares of Transportadora de Gas del Sur stock traded down $0.13 during trading on Thursday, hitting $23.83. 60,463 shares of the stock were exchanged, compared to its average volume of 246,130. The stock's fifty day moving average is $26.14 and its 200 day moving average is $26.18. The stock has a market cap of $3.59 billion, a PE ratio of 22.06 and a beta of 0.62. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.64 and a current ratio of 2.67. Transportadora de Gas del Sur S.A. has a 12 month low of $14.16 and a 12 month high of $34.37.
About Transportadora de Gas del Sur
(
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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