Blue Trust Inc. Grows Stake in Transportadora de Gas del Sur S.A. (NYSE:TGS)

Blue Trust Inc. grew its holdings in shares of Transportadora de Gas del Sur S.A. (NYSE:TGS) by 24.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,276 shares of the energy company’s stock after buying an additional 1,036 shares during the period. Blue Trust Inc.’s holdings in Transportadora de Gas del Sur were worth $154,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. TT International Asset Management LTD raised its position in shares of Transportadora de Gas del Sur by 17.3% in the 3rd quarter. TT International Asset Management LTD now owns 1,279,321 shares of the energy company’s stock worth $23,462,000 after acquiring an additional 188,268 shares in the last quarter. Jane Street Group LLC bought a new position in Transportadora de Gas del Sur in the third quarter worth $481,000. XTX Topco Ltd purchased a new position in Transportadora de Gas del Sur during the third quarter valued at $349,000. Centiva Capital LP bought a new stake in shares of Transportadora de Gas del Sur during the 3rd quarter valued at $251,000. Finally, Virtu Financial LLC purchased a new stake in shares of Transportadora de Gas del Sur in the 3rd quarter worth about $190,000. Institutional investors own 3.29% of the company’s stock.

Transportadora de Gas del Sur Price Performance

TGS stock opened at $27.53 on Thursday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.64 and a current ratio of 2.67. The firm has a 50 day moving average price of $29.42 and a 200-day moving average price of $23.91. Transportadora de Gas del Sur S.A. has a 52-week low of $11.81 and a 52-week high of $34.37. The firm has a market capitalization of $4.14 billion, a price-to-earnings ratio of 25.49 and a beta of 0.78.

Transportadora de Gas del Sur (NYSE:TGS) last announced its quarterly earnings data on Monday, November 4th. The energy company reported $0.37 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.37. Transportadora de Gas del Sur had a return on equity of 7.31% and a net margin of 15.46%. The business had revenue of $272.48 million during the quarter, compared to analysts’ expectations of $321.45 million. Equities research analysts forecast that Transportadora de Gas del Sur S.A. will post 0.52 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Transportadora de Gas del Sur from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 6th.

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.