William Blair Investment Management LLC Has $17.60 Million Stock Position in Pampa Energía S.A. (NYSE:PAM)

William Blair Investment Management LLC boosted its holdings in Pampa Energía S.A. (NYSE:PAM - Free Report) by 27.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 200,078 shares of the utilities provider's stock after acquiring an additional 43,257 shares during the quarter. William Blair Investment Management LLC owned about 0.37% of Pampa Energía worth $17,595,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of PAM. Blue Trust Inc. grew its holdings 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 worth $59,000 after acquiring an additional 259 shares during the last quarter. Advisors Preferred LLC purchased a new position in Pampa Energía in the 4th quarter worth about $26,000. Stratos Wealth Partners LTD. raised its holdings in Pampa Energía by 2.8% during the 4th quarter. Stratos Wealth Partners LTD. now owns 12,811 shares of the utilities provider's stock worth $1,127,000 after buying an additional 344 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Pampa Energía during the fourth quarter valued at about $49,000. Finally, GAMMA Investing LLC lifted its stake in Pampa Energía by 75.9% during the fourth 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. 12.77% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

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Pampa Energía Stock Down 0.3 %

NYSE:PAM traded down $0.23 during trading hours on Monday, hitting $82.15. 105,251 shares of the company's stock traded hands, compared to its average volume of 275,938. The stock's fifty day moving average price is $81.99 and its two-hundred day moving average price is $77.05. The firm has a market cap of $4.48 billion, a P/E ratio of 12.64 and a beta of 0.92. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.13 and a current ratio of 2.41. Pampa Energía S.A. has a twelve month low of $38.58 and a twelve month high of $97.55.

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 for the quarter. The company had revenue of $435.00 million for the quarter, compared to the consensus estimate of $454.61 million. Pampa Energía had a return on equity of 12.15% and a net margin of 19.86%. On average, research analysts expect that Pampa Energía S.A. will post 9.33 earnings per share for the current fiscal year.

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.