William Blair Investment Management LLC Buys Shares of 179,225 Transportadora de Gas del Sur S.A. (NYSE:TGS)

William Blair Investment Management LLC acquired a new stake in Transportadora de Gas del Sur S.A. (NYSE:TGS - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 179,225 shares of the energy company's stock, valued at approximately $5,246,000. William Blair Investment Management LLC owned approximately 0.12% of Transportadora de Gas del Sur at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Ping Capital Management Inc. boosted its stake in Transportadora de Gas del Sur by 4.9% during the 4th quarter. Ping Capital Management Inc. now owns 38,800 shares of the energy company's stock valued at $1,136,000 after purchasing an additional 1,800 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of Transportadora de Gas del Sur by 24.4% in the fourth quarter. Blue Trust Inc. now owns 5,276 shares of the energy company's stock valued at $154,000 after buying an additional 1,036 shares during the period. GAMMA Investing LLC boosted its stake in 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 buying an additional 1,710 shares in the last quarter. Virtu Financial LLC acquired a new position in Transportadora de Gas del Sur during the third quarter worth about $190,000. Finally, TT International Asset Management LTD raised its position in Transportadora de Gas del Sur by 17.3% in the third quarter. TT International Asset Management LTD now owns 1,279,321 shares of the energy company's stock worth $23,462,000 after acquiring an additional 188,268 shares in the last quarter. Institutional investors and hedge funds own 3.29% of the company's stock.

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Analyst Upgrades and Downgrades

TGS has been the subject of several research reports. 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. Citigroup started coverage on shares of Transportadora de Gas del Sur in a report on Wednesday, February 12th. They set a "buy" rating and a $35.00 target price for the company.

Transportadora de Gas del Sur Price Performance

Shares of NYSE TGS traded down $0.18 during mid-day trading on Monday, reaching $27.38. The company had a trading volume of 85,312 shares, compared to its average volume of 249,093. The company has a 50-day moving average price of $27.18 and a two-hundred day moving average price of $25.75. The stock has a market cap of $4.12 billion, a PE ratio of 25.35 and a beta of 0.76. The company has a current ratio of 2.67, a quick ratio of 2.64 and a debt-to-equity ratio of 0.24. Transportadora de Gas del Sur S.A. has a 1-year low of $14.16 and a 1-year high of $34.37.

Transportadora de Gas del Sur Company Profile

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.