3,504 Shares in Transportadora de Gas del Sur S.A. (NYSE:TGS) Acquired by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC bought a new position in Transportadora de Gas del Sur S.A. (NYSE:TGS) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 3,504 shares of the energy company’s stock, valued at approximately $53,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TGS. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Transportadora de Gas del Sur by 62.1% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 356,427 shares of the energy company’s stock valued at $5,378,000 after acquiring an additional 136,499 shares during the period. Blue Trust Inc. acquired a new position in shares of Transportadora de Gas del Sur in the fourth quarter valued at $41,000. Mackenzie Financial Corp acquired a new position in shares of Transportadora de Gas del Sur in the fourth quarter valued at $226,000. FNY Investment Advisers LLC acquired a new position in shares of Transportadora de Gas del Sur in the fourth quarter valued at $73,000. Finally, Quadrature Capital Ltd raised its stake in shares of Transportadora de Gas del Sur by 95.1% in the third quarter. Quadrature Capital Ltd now owns 101,510 shares of the energy company’s stock valued at $1,032,000 after purchasing an additional 49,471 shares in the last quarter. 3.29% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. TheStreet upgraded Transportadora de Gas del Sur from a “c” rating to a “b-” rating in a research note on Tuesday, January 2nd. StockNews.com lowered Transportadora de Gas del Sur from a “strong-buy” rating to a “buy” rating in a research note on Thursday, March 28th.

Transportadora de Gas del Sur Price Performance

Transportadora de Gas del Sur stock traded up $0.13 during mid-day trading on Tuesday, hitting $17.58. 468,375 shares of the company were exchanged, compared to its average volume of 257,214. 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 business has a fifty day moving average of $14.93 and a 200 day moving average of $13.91. Transportadora de Gas del Sur S.A. has a 1-year low of $9.50 and a 1-year high of $19.95. The company has a market capitalization of $2.65 billion, a PE ratio of 62.79 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) earnings per share (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 company had revenue of $249.63 million for the quarter, compared to analyst estimates of $227.09 million. As a group, sell-side analysts expect that Transportadora de Gas del Sur S.A. will post 0.07 earnings per share for the current year.

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.