Crocodile Capital Partners GmbH purchased a new position in shares of Transportadora De Gas Sa Ord B (NYSE:TGS – Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 25,000 shares of the energy company’s stock, valued at approximately $777,000. Transportadora De Gas Sa Ord B accounts for 0.5% of Crocodile Capital Partners GmbH’s holdings, making the stock its 12th biggest position.
Several other institutional investors and hedge funds have also added to or reduced their stakes in TGS. BNP Paribas Financial Markets increased its holdings in shares of Transportadora De Gas Sa Ord B by 1,027.7% during the third quarter. BNP Paribas Financial Markets now owns 8,390 shares of the energy company’s stock valued at $176,000 after acquiring an additional 7,646 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Transportadora De Gas Sa Ord B by 28.8% in the 1st quarter. NewEdge Advisors LLC now owns 12,176 shares of the energy company’s stock worth $322,000 after purchasing an additional 2,725 shares in the last quarter. Insigneo Advisory Services LLC lifted its holdings in shares of Transportadora De Gas Sa Ord B by 84.7% in the 2nd quarter. Insigneo Advisory Services LLC now owns 21,129 shares of the energy company’s stock worth $547,000 after purchasing an additional 9,687 shares in the last quarter. Hsbc Holdings PLC acquired a new stake in Transportadora De Gas Sa Ord B in the 2nd quarter valued at $706,000. Finally, Banco BTG Pactual S.A. acquired a new stake in Transportadora De Gas Sa Ord B in the 2nd quarter valued at $2,141,000. Institutional investors own 3.29% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research analysts have weighed in on TGS shares. Weiss Ratings restated a “hold (c)” rating on shares of Transportadora De Gas Sa Ord B in a report on Monday, December 29th. Zacks Research cut shares of Transportadora De Gas Sa Ord B from a “strong-buy” rating to a “hold” rating in a report on Monday, January 26th. Finally, 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 Sunday, March 15th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $39.50.
Transportadora De Gas Sa Ord B Price Performance
Shares of NYSE TGS opened at $32.54 on Monday. The company has a market capitalization of $4.90 billion, a PE ratio of 14.21, a PEG ratio of 1.08 and a beta of 0.84. The company has a quick ratio of 3.67, a current ratio of 3.72 and a debt-to-equity ratio of 0.24. The stock’s 50 day moving average price is $30.28 and its 200-day moving average price is $28.31. Transportadora De Gas Sa Ord B has a twelve month low of $19.74 and a twelve month high of $34.10.
Transportadora De Gas Sa Ord B Profile
Transportadora de Gas del Sur SA (NYSE:TGS) is an Argentina‐based midstream energy company principally engaged in the transportation, storage and processing of natural gas. Established in 1992 following the privatization of the state‐owned gas utility, TGS operates one of the country’s largest pipeline networks, carrying gas from production basins in the Neuquén and Golfo San Jorge regions to major consumption markets in Buenos Aires and beyond. The company’s infrastructure supports both domestic supply and export volumes bound for neighboring countries.
In addition to its core pipeline business, TGS maintains a significant gas processing division that extracts natural gas liquids (NGL) and produces liquefied petroleum gas (LPG) and other by‐products.
Featured Stories
Want to see what other hedge funds are holding TGS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Transportadora De Gas Sa Ord B (NYSE:TGS – Free Report).
Receive News & Ratings for Transportadora De Gas Sa Ord B Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Transportadora De Gas Sa Ord B and related companies with MarketBeat.com's FREE daily email newsletter.
