Pampa Energía S.A. (NYSE:PAM) Shares Purchased by Whittier Trust Co.

Whittier Trust Co. lifted its holdings in shares of Pampa Energía S.A. (NYSE:PAM - Free Report) by 52.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,986 shares of the utilities provider's stock after purchasing an additional 7,924 shares during the period. Whittier Trust Co.'s holdings in Pampa Energía were worth $2,021,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Advisors Preferred LLC acquired a new position in shares of Pampa Energía in the fourth quarter valued at approximately $26,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Pampa Energía in the 4th quarter worth approximately $49,000. Blue Trust Inc. raised its holdings in 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 acquiring an additional 259 shares during the last quarter. QRG Capital Management Inc. purchased a new position in shares of Pampa Energía during the 4th quarter worth $210,000. Finally, GAMMA Investing LLC boosted its holdings in shares of Pampa Energía by 75.9% during the fourth quarter. GAMMA Investing LLC now owns 2,464 shares of the utilities provider's stock worth $217,000 after purchasing an additional 1,063 shares during the last quarter. 12.77% of the stock is currently owned by institutional investors and hedge funds.

Pampa Energía Trading Down 2.5 %

NYSE:PAM traded down $2.08 during trading hours on Wednesday, reaching $82.00. 121,927 shares of the company were exchanged, compared to its average volume of 274,012. The firm has a market cap of $4.47 billion, a price-to-earnings ratio of 12.61 and a beta of 0.92. The stock has a 50 day simple moving average of $81.67 and a 200 day simple moving average of $77.43. Pampa Energía S.A. has a 52-week low of $38.58 and a 52-week high of $97.55. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.41 and a quick ratio of 2.13.

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

Analyst Ratings Changes

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

Pampa Energía Profile

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.