TT International Asset Management LTD lessened its stake in Transportadora de Gas del Sur S.A. (NYSE:TGS - Free Report) by 6.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,190,573 shares of the energy company's stock after selling 88,748 shares during the quarter. Transportadora de Gas del Sur comprises about 5.1% of TT International Asset Management LTD's holdings, making the stock its 7th largest holding. TT International Asset Management LTD owned approximately 0.79% of Transportadora de Gas del Sur worth $34,848,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. GAMMA Investing LLC lifted its position 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 worth $92,000 after purchasing an additional 1,710 shares in the last quarter. Virtu Financial LLC purchased a new stake in Transportadora de Gas del Sur during the 3rd quarter worth $190,000. XTX Topco Ltd acquired a new position in Transportadora de Gas del Sur in the 3rd quarter worth $349,000. Jane Street Group LLC purchased a new position in Transportadora de Gas del Sur in the 3rd quarter valued at about $481,000. Finally, Centiva Capital LP acquired a new stake in shares of Transportadora de Gas del Sur during the third quarter valued at about $251,000. Institutional investors and hedge funds own 3.29% of the company's stock.
Analysts Set New Price Targets
Separately, StockNews.com cut Transportadora de Gas del Sur from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, November 6th.
Check Out Our Latest Report on TGS
Transportadora de Gas del Sur Stock Down 7.7 %
Shares of Transportadora de Gas del Sur stock traded down $2.46 on Monday, hitting $29.49. 307,958 shares of the company's stock traded hands, compared to its average volume of 468,308. Transportadora de Gas del Sur S.A. has a 52-week low of $11.81 and a 52-week high of $34.37. The company has a quick ratio of 2.64, a current ratio of 2.67 and a debt-to-equity ratio of 0.24. The stock has a market cap of $4.44 billion, a P/E ratio of 27.31 and a beta of 0.80. The firm's 50-day moving average is $28.63 and its 200 day moving average is $22.61.
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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