Transportadora De Gas Sa Ord B (NYSE:TGS) Shares Acquired by GAMMA Investing LLC

GAMMA Investing LLC boosted its position in Transportadora De Gas Sa Ord B (NYSE:TGS) by 13.7% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 3,582 shares of the energy company’s stock after acquiring an additional 432 shares during the period. GAMMA Investing LLC’s holdings in Transportadora De Gas Sa Ord B were worth $95,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. William Blair Investment Management LLC acquired a new position in shares of Transportadora De Gas Sa Ord B during the 4th quarter valued at $5,246,000. Arrowstreet Capital Limited Partnership bought a new position in Transportadora De Gas Sa Ord B in the 4th quarter worth about $2,805,000. Jump Financial LLC boosted its holdings in shares of Transportadora De Gas Sa Ord B by 53.1% in the fourth quarter. Jump Financial LLC now owns 42,271 shares of the energy company’s stock valued at $1,237,000 after acquiring an additional 14,654 shares in the last quarter. Insigneo Advisory Services LLC bought a new position in shares of Transportadora De Gas Sa Ord B in the fourth quarter valued at approximately $216,000. Finally, NewEdge Advisors LLC lifted its stake in Transportadora De Gas Sa Ord B by 1,493.8% during the fourth quarter. NewEdge Advisors LLC now owns 9,451 shares of the energy company’s stock valued at $277,000 after purchasing an additional 8,858 shares during the last quarter. 3.29% of the stock is owned by hedge funds and other institutional investors.

Transportadora De Gas Sa Ord B Stock Down 2.5%

Transportadora De Gas Sa Ord B stock opened at $26.40 on Tuesday. The company has a 50 day moving average of $28.09 and a 200-day moving average of $27.62. The company has a quick ratio of 2.94, a current ratio of 2.97 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $3.97 billion, a PE ratio of 10.52 and a beta of 0.69. Transportadora De Gas Sa Ord B has a twelve month low of $14.16 and a twelve month high of $34.37.

Transportadora De Gas Sa Ord B Dividend Announcement

The company also recently declared a — dividend, which will be paid on Tuesday, July 8th. Shareholders of record on Monday, June 30th will be given a dividend of $0.9279 per share. The ex-dividend date is Monday, June 30th. Transportadora De Gas Sa Ord B’s dividend payout ratio (DPR) is currently 37.05%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on TGS shares. Wall Street Zen downgraded shares of Transportadora De Gas Sa Ord B from a “buy” rating to a “hold” rating in a research report on Saturday. Santander upgraded shares of Transportadora De Gas Sa Ord B to an “outperform” rating in a research report on Wednesday, May 14th. Finally, Citigroup lifted their price target on shares of Transportadora De Gas Sa Ord B from $35.00 to $40.00 and gave the company a “buy” rating in a report on Monday, May 19th.

Transportadora De Gas Sa Ord B 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; Midstream; and Telecommunications.