Claro Advisors LLC Has $1.09 Million Stock Holdings in Pampa Energía S.A. (NYSE:PAM)

Claro Advisors LLC increased its stake in shares of Pampa Energía S.A. (NYSE:PAM) by 253.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 18,172 shares of the utilities provider’s stock after buying an additional 13,037 shares during the period. Claro Advisors LLC’s holdings in Pampa Energía were worth $1,091,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Ashton Thomas Private Wealth LLC bought a new stake in shares of Pampa Energía during the second quarter worth approximately $37,000. EverSource Wealth Advisors LLC acquired a new stake in Pampa Energía during the 1st quarter worth approximately $52,000. Headlands Technologies LLC bought a new stake in Pampa Energía in the 1st quarter valued at $69,000. GAMMA Investing LLC grew its holdings in Pampa Energía by 32.7% in the 3rd quarter. GAMMA Investing LLC now owns 1,401 shares of the utilities provider’s stock valued at $84,000 after buying an additional 345 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. grew its holdings in Pampa Energía by 144.1% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 1,975 shares of the utilities provider’s stock valued at $87,000 after buying an additional 1,166 shares in the last quarter. Institutional investors and hedge funds own 12.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on PAM. JPMorgan Chase & Co. lifted their target price on Pampa Energía from $47.00 to $55.00 and gave the stock a “neutral” rating in a report on Wednesday, September 25th. Bank of America lifted their price objective on shares of Pampa Energía from $62.00 to $72.00 and gave the stock a “buy” rating in a research note on Wednesday, September 11th. Citigroup upgraded shares of Pampa Energía from a “neutral” rating to a “buy” rating and increased their target price for the stock from $51.00 to $58.00 in a research report on Wednesday, July 3rd. Finally, StockNews.com raised shares of Pampa Energía from a “hold” rating to a “buy” rating in a report on Monday, August 12th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Pampa Energía presently has a consensus rating of “Moderate Buy” and a consensus price target of $57.75.

Pampa Energía Stock Down 0.3 %

Shares of NYSE PAM opened at $67.63 on Friday. The stock has a market capitalization of $3.69 billion, a P/E ratio of 10.25 and a beta of 0.89. The stock’s fifty day moving average is $58.03 and its 200 day moving average is $49.94. Pampa Energía S.A. has a 52 week low of $32.91 and a 52 week high of $68.23. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.01 and a current ratio of 2.33.

Pampa Energía (NYSE:PAM) last released its earnings results on Wednesday, August 7th. The utilities provider reported $1.80 EPS for the quarter, beating the consensus estimate of $1.36 by $0.44. The firm had revenue of $500.00 million for the quarter, compared to analyst estimates of $479.17 million. Pampa Energía had a net margin of 20.96% and a return on equity of 12.59%. Sell-side analysts forecast that Pampa Energía S.A. will post 9.54 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.