Pampa Energía S.A. (NYSE:PAM) Stock Holdings Increased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC grew its position in shares of Pampa Energía S.A. (NYSE:PAMFree Report) by 5.2% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 282,156 shares of the utilities provider’s stock after buying an additional 13,834 shares during the period. Janney Montgomery Scott LLC owned about 0.52% of Pampa Energía worth $12,172,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. TT International Asset Management LTD bought a new position in Pampa Energía during the fourth quarter worth $7,675,000. Helikon Investments Ltd boosted its holdings in shares of Pampa Energía by 32.0% in the 4th quarter. Helikon Investments Ltd now owns 622,566 shares of the utilities provider’s stock valued at $30,829,000 after buying an additional 151,000 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Pampa Energía by 62.2% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 143,890 shares of the utilities provider’s stock valued at $7,125,000 after buying an additional 55,187 shares during the last quarter. Glenorchy Capital Ltd acquired a new stake in Pampa Energía during the fourth quarter worth about $2,125,000. Finally, Banco BTG Pactual S.A. raised its stake in Pampa Energía by 472.8% during the fourth quarter. Banco BTG Pactual S.A. now owns 41,410 shares of the utilities provider’s stock worth $2,015,000 after acquiring an additional 34,181 shares during the period. Institutional investors own 12.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. StockNews.com raised Pampa Energía from a “hold” rating to a “buy” rating in a report on Thursday. Citigroup upgraded shares of Pampa Energía from a “neutral” rating to a “buy” rating and raised their price objective for the company from $51.00 to $58.00 in a research note on Wednesday, July 3rd. JPMorgan Chase & Co. boosted their target price on Pampa Energía from $46.50 to $47.50 and gave the stock a “neutral” rating in a report on Tuesday, May 28th. Finally, HSBC upgraded Pampa Energía from a “reduce” rating to a “hold” rating and set a $46.00 price target on the stock in a research report on Tuesday, May 21st. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $50.50.

Check Out Our Latest Stock Report on Pampa Energía

Pampa Energía Price Performance

NYSE PAM opened at $45.09 on Monday. The company has a current ratio of 2.63, a quick ratio of 2.26 and a debt-to-equity ratio of 0.45. Pampa Energía S.A. has a 1 year low of $32.91 and a 1 year high of $52.17. The company has a market cap of $2.46 billion, a PE ratio of 5.77 and a beta of 0.99. The stock’s 50-day moving average price is $46.12 and its two-hundred day moving average price is $45.33.

Pampa Energía (NYSE:PAMGet Free Report) last issued its quarterly earnings results on Tuesday, May 7th. The utilities provider reported $4.90 EPS for the quarter, beating the consensus estimate of $1.38 by $3.52. Pampa Energía had a net margin of 25.16% and a return on equity of 14.99%. The business had revenue of $401.00 million during the quarter, compared to the consensus estimate of $419.61 million. On average, analysts predict that Pampa Energía S.A. will post 7.91 EPS for the current year.

Pampa Energía Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Pampa Energía (NYSE:PAM)

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