GAMMA Investing LLC Buys 725 Shares of Transportadora de Gas del Sur S.A. (NYSE:TGS)

GAMMA Investing LLC increased its holdings in shares of Transportadora de Gas del Sur S.A. (NYSE:TGS) by 101.4% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 1,440 shares of the energy company’s stock after purchasing an additional 725 shares during the period. GAMMA Investing LLC’s holdings in Transportadora de Gas del Sur were worth $26,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Helikon Investments Ltd acquired a new position in Transportadora de Gas del Sur in the 1st quarter valued at $3,329,000. SPX Gestao de Recursos Ltda boosted its position in Transportadora de Gas del Sur by 60.0% during the 2nd quarter. SPX Gestao de Recursos Ltda now owns 185,512 shares of the energy company’s stock worth $3,521,000 after buying an additional 69,556 shares during the period. Truxt Investmentos Ltda. bought a new stake in shares of Transportadora de Gas del Sur in the second quarter worth $1,723,000. Quadrature Capital Ltd grew its position in shares of Transportadora de Gas del Sur by 101.9% in the 1st quarter. Quadrature Capital Ltd now owns 75,531 shares of the energy company’s stock valued at $1,141,000 after buying an additional 38,123 shares during the last quarter. Finally, Ping Capital Management Inc. acquired a new stake in Transportadora de Gas del Sur during the 2nd quarter valued at approximately $759,000. 3.29% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

Transportadora de Gas del Sur Price Performance

Shares of NYSE:TGS opened at $20.97 on Friday. The stock’s 50 day moving average is $19.82 and its 200-day moving average is $18.60. Transportadora de Gas del Sur S.A. has a twelve month low of $9.50 and a twelve month high of $21.94. The company has a quick ratio of 1.04, a current ratio of 1.05 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $3.16 billion, a price-to-earnings ratio of 39.57 and a beta of 0.73.

Transportadora de Gas del Sur (NYSE:TGS) last released its quarterly earnings data on Monday, August 5th. The energy company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.10. The firm had revenue of $298.68 million for the quarter, compared to analyst estimates of $379.90 million. Transportadora de Gas del Sur had a net margin of 12.02% and a return on equity of 5.69%. Sell-side analysts forecast that Transportadora de Gas del Sur S.A. will post 0.74 EPS for the current fiscal 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.