Transportadora de Gas del Sur S.A. (NYSE:TGS) Shares Bought by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. raised its position in Transportadora de Gas del Sur S.A. (NYSE:TGS) by 62.1% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 356,427 shares of the energy company’s stock after buying an additional 136,499 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Transportadora de Gas del Sur were worth $5,378,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of Transportadora de Gas del Sur during the 3rd quarter worth $25,000. Tower Research Capital LLC TRC purchased a new stake in shares of Transportadora de Gas del Sur during the 1st quarter worth $27,000. Blue Trust Inc. purchased a new stake in shares of Transportadora de Gas del Sur during the 4th quarter worth $41,000. Goldman Sachs Group Inc. purchased a new stake in shares of Transportadora de Gas del Sur during the 2nd quarter worth $66,000. Finally, FNY Investment Advisers LLC purchased a new stake in shares of Transportadora de Gas del Sur during the 4th quarter worth $73,000. 3.29% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

TGS has been the topic of several research analyst reports. StockNews.com lowered shares of Transportadora de Gas del Sur from a “strong-buy” rating to a “buy” rating in a research report on Thursday, March 28th. TheStreet upgraded shares of Transportadora de Gas del Sur from a “c” rating to a “b-” rating in a research report on Tuesday, January 2nd.

Transportadora de Gas del Sur Price Performance

Transportadora de Gas del Sur stock opened at $15.60 on Tuesday. Transportadora de Gas del Sur S.A. has a 52 week low of $9.50 and a 52 week high of $19.95. 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 firm’s 50-day simple moving average is $14.29 and its 200 day simple moving average is $13.48. The firm has a market capitalization of $2.35 billion, a PE ratio of 55.71 and a beta of 0.71.

Transportadora de Gas del Sur (NYSE:TGS) last released its quarterly earnings data on Monday, March 4th. The energy company reported ($0.38) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.40). Transportadora de Gas del Sur had a return on equity of 1.88% and a net margin of 4.16%. The business had revenue of $249.63 million during the quarter, compared to analysts’ expectations of $227.09 million. On average, equities research analysts predict that Transportadora de Gas del Sur S.A. will post 0.07 EPS for the current fiscal year.

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.