Blue Trust Inc. acquired a new stake in Transportadora de Gas del Sur S.A. (NYSE:TGS – Free Report) during the 4th quarter, HoldingsChannel reports. The firm acquired 2,748 shares of the energy company’s stock, valued at approximately $41,000.
Several other large investors have also recently added to or reduced their stakes in TGS. Harel Insurance Investments & Financial Services Ltd. bought a new stake in Transportadora de Gas del Sur in the 3rd quarter valued at $25,000. Tower Research Capital LLC TRC acquired a new position in shares of Transportadora de Gas del Sur in the 1st quarter valued at $27,000. Goldman Sachs Group Inc. acquired a new position in shares of Transportadora de Gas del Sur in the 2nd quarter valued at $66,000. FNY Investment Advisers LLC acquired a new position in shares of Transportadora de Gas del Sur in the 4th quarter valued at $73,000. Finally, LPL Financial LLC acquired a new position in shares of Transportadora de Gas del Sur in the 2nd quarter valued at $79,000. Institutional investors and hedge funds own 3.29% of the company’s stock.
Transportadora de Gas del Sur Trading Up 10.9 %
Shares of Transportadora de Gas del Sur stock opened at $18.55 on Friday. The stock has a market capitalization of $2.79 billion, a P/E ratio of 66.25 and a beta of 0.71. The company has a quick ratio of 3.49, a current ratio of 3.56 and a debt-to-equity ratio of 0.48. The company has a 50-day simple moving average of $14.02 and a 200 day simple moving average of $13.19. Transportadora de Gas del Sur S.A. has a 12-month low of $9.50 and a 12-month high of $19.95.
Transportadora de Gas del Sur (NYSE:TGS – Get Free Report) last announced its earnings results on Monday, March 4th. The energy company reported ($0.38) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.40). The firm had revenue of $249.63 million for the quarter, compared to analyst estimates of $227.09 million. Transportadora de Gas del Sur had a return on equity of 1.88% and a net margin of 4.16%. Research analysts expect that Transportadora de Gas del Sur S.A. will post 0.07 earnings per share for the current fiscal year.
Analysts Set New Price Targets
TGS has been the subject of a number of recent research reports. TheStreet upgraded shares of Transportadora de Gas del Sur from a “c” rating to a “b-” rating in a research note on Tuesday, January 2nd. StockNews.com cut shares of Transportadora de Gas del Sur from a “strong-buy” rating to a “buy” rating in a research note on Thursday, March 28th.
View Our Latest Stock Analysis on TGS
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; Other Services; and Telecommunications.
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Read More: Blue Trust Inc. Acquires Shares of 2,748 Transportadora de Gas del Sur S.A.