Transportadora de Gas del Sur S.A. (NYSE:TGS) Shares Sold by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. lowered its stake in shares of Transportadora de Gas del Sur S.A. (NYSE:TGS) by 23.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 29,200 shares of the energy company’s stock after selling 9,000 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in Transportadora de Gas del Sur were worth $441,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Jump Financial LLC lifted its position in Transportadora de Gas del Sur by 8.9% during the fourth quarter. Jump Financial LLC now owns 19,600 shares of the energy company’s stock worth $296,000 after buying an additional 1,600 shares during the period. Blue Trust Inc. purchased a new position in Transportadora de Gas del Sur during the fourth quarter worth about $41,000. Tower Research Capital LLC TRC purchased a new position in Transportadora de Gas del Sur during the fourth quarter worth about $53,000. FNY Investment Advisers LLC purchased a new position in Transportadora de Gas del Sur during the fourth quarter worth about $73,000. Finally, OLD National Bancorp IN purchased a new position in Transportadora de Gas del Sur during the fourth quarter worth about $172,000. 3.29% of the stock is currently owned by hedge funds and other institutional investors.

Transportadora de Gas del Sur Stock Performance

Transportadora de Gas del Sur stock opened at $18.41 on Tuesday. The stock’s 50-day moving average is $18.14 and its 200-day moving average is $15.77. The company has a market cap of $2.77 billion, a price-to-earnings ratio of 34.74 and a beta of 0.85. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.01 and a quick ratio of 2.97. Transportadora de Gas del Sur S.A. has a 12 month low of $9.50 and a 12 month high of $20.59.

Transportadora de Gas del Sur (NYSE:TGS) last released its quarterly earnings data on Monday, May 6th. The energy company reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.14. The company had revenue of $229.02 million for the quarter, compared to the consensus estimate of $209.71 million. Transportadora de Gas del Sur had a return on equity of 3.65% and a net margin of 8.10%. Equities analysts anticipate that Transportadora de Gas del Sur S.A. will post 0.77 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Transportadora de Gas del Sur from a “buy” rating to a “strong-buy” rating in a research report on Thursday, May 16th.

About Transportadora de Gas del Sur

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.