Blue Trust Inc. Has $80,000 Holdings in Transportadora de Gas del Sur S.A. (NYSE:TGS)

Blue Trust Inc. grew its position in shares of Transportadora de Gas del Sur S.A. (NYSE:TGS) by 97.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,240 shares of the energy company’s stock after purchasing an additional 2,090 shares during the quarter. Blue Trust Inc.’s holdings in Transportadora de Gas del Sur were worth $80,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. GAMMA Investing LLC lifted its stake in shares of Transportadora de Gas del Sur by 101.4% in the 3rd quarter. GAMMA Investing LLC now owns 1,440 shares of the energy company’s stock valued at $26,000 after purchasing an additional 725 shares during the period. BNP Paribas Financial Markets acquired a new position in Transportadora de Gas del Sur in the first quarter valued at approximately $62,000. Mackenzie Financial Corp boosted its holdings in shares of Transportadora de Gas del Sur by 76.1% during the 2nd quarter. Mackenzie Financial Corp now owns 25,000 shares of the energy company’s stock worth $474,000 after buying an additional 10,800 shares in the last quarter. Turim 21 Investimentos Ltda. bought a new position in shares of Transportadora de Gas del Sur during the 2nd quarter worth approximately $514,000. Finally, B. Riley Wealth Advisors Inc. grew its position in shares of Transportadora de Gas del Sur by 30.8% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 38,200 shares of the energy company’s stock worth $577,000 after buying an additional 9,000 shares during the period. Institutional investors and hedge funds own 3.29% of the company’s stock.

Transportadora de Gas del Sur Price Performance

TGS stock opened at $22.09 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.05 and a quick ratio of 1.04. The company’s 50-day moving average is $20.15 and its 200-day moving average is $18.81. The stock has a market capitalization of $3.33 billion, a PE ratio of 41.68 and a beta of 0.73. Transportadora de Gas del Sur S.A. has a 1 year low of $9.50 and a 1 year high of $23.20.

Transportadora de Gas del Sur (NYSE:TGS) last announced its quarterly earnings results on Monday, August 5th. The energy company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.10. The business had revenue of $298.68 million for the quarter, compared to analyst estimates of $379.90 million. Transportadora de Gas del Sur had a return on equity of 5.69% and a net margin of 12.02%. Equities research analysts expect that Transportadora de Gas del Sur S.A. will post 0.74 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Transportadora de Gas del Sur from a “buy” rating to a “strong-buy” rating in a research report on Thursday, August 15th.

Transportadora de Gas del Sur 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.