Transportadora de Gas del Sur S.A. (NYSE:TGS) Shares Sold by Glenorchy Capital Ltd

Glenorchy Capital Ltd cut its holdings in Transportadora de Gas del Sur S.A. (NYSE:TGS) by 9.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 50,399 shares of the energy company’s stock after selling 5,556 shares during the quarter. Glenorchy Capital Ltd’s holdings in Transportadora de Gas del Sur were worth $924,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in TGS. GAMMA Investing LLC grew its holdings in shares of Transportadora de Gas del Sur by 101.4% during the third quarter. GAMMA Investing LLC now owns 1,440 shares of the energy company’s stock worth $26,000 after buying an additional 725 shares during the last quarter. Blue Trust Inc. grew its stake in shares of Transportadora de Gas del Sur by 97.2% in the 3rd quarter. Blue Trust Inc. now owns 4,240 shares of the energy company’s stock valued at $80,000 after purchasing an additional 2,090 shares during the last quarter. BNP Paribas Financial Markets acquired a new position in shares of Transportadora de Gas del Sur in the first quarter valued at approximately $62,000. B. Riley Wealth Advisors Inc. raised its stake in shares of Transportadora de Gas del Sur by 30.8% during the first quarter. B. Riley Wealth Advisors Inc. now owns 38,200 shares of the energy company’s stock worth $577,000 after purchasing an additional 9,000 shares during the last quarter. Finally, Mackenzie Financial Corp lifted its holdings in shares of Transportadora de Gas del Sur by 76.1% during the second quarter. Mackenzie Financial Corp now owns 25,000 shares of the energy company’s stock worth $474,000 after purchasing an additional 10,800 shares during the period. 3.29% of the stock is owned by hedge funds and other institutional investors.

Transportadora de Gas del Sur Trading Up 2.4 %

NYSE TGS opened at $20.97 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.05 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $3.16 billion, a P/E ratio of 39.57 and a beta of 0.73. Transportadora de Gas del Sur S.A. has a 52-week low of $9.50 and a 52-week high of $21.94. The firm has a 50-day moving average price of $19.82 and a 200 day moving average price of $18.60.

Transportadora de Gas del Sur (NYSE:TGS) last issued its earnings results on Monday, August 5th. The energy company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.10. Transportadora de Gas del Sur had a return on equity of 5.69% and a net margin of 12.02%. The business had revenue of $298.68 million during the quarter, compared to the consensus estimate of $379.90 million. Equities research analysts expect that Transportadora de Gas del Sur S.A. will post 0.74 EPS for the current year.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Transportadora de Gas del Sur from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 15th.

Transportadora de Gas del Sur 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.