GAMMA Investing LLC Boosts Stake in Transportadora de Gas del Sur S.A. (NYSE:TGS)

GAMMA Investing LLC grew its position in shares of Transportadora de Gas del Sur S.A. (NYSE:TGS) by 118.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 3,150 shares of the energy company’s stock after acquiring an additional 1,710 shares during the period. GAMMA Investing LLC’s holdings in Transportadora de Gas del Sur were worth $92,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in TGS. Turim 21 Investimentos Ltda. purchased a new position in shares of Transportadora de Gas del Sur during the 2nd quarter worth approximately $514,000. Mackenzie Financial Corp grew 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 acquiring an additional 10,800 shares during the period. SPX Gestao de Recursos Ltda grew its holdings in shares of 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 acquiring an additional 69,556 shares during the period. Blue Trust Inc. grew its stake in shares of Transportadora de Gas del Sur by 97.2% in the 3rd quarter. Blue Trust Inc. now owns 4,240 shares of the energy company’s stock worth $80,000 after buying an additional 2,090 shares during the last quarter. Finally, Centiva Capital LP purchased a new stake in shares of Transportadora de Gas del Sur in the 3rd quarter worth approximately $251,000. Hedge funds and other institutional investors own 3.29% of the company’s stock.

Transportadora de Gas del Sur Stock Performance

Transportadora de Gas del Sur stock opened at $31.81 on Friday. The company has a quick ratio of 2.64, a current ratio of 2.67 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $4.79 billion, a P/E ratio of 29.45 and a beta of 0.80. The stock’s 50 day moving average is $28.44 and its 200 day moving average is $22.46. Transportadora de Gas del Sur S.A. has a twelve month low of $11.81 and a twelve month high of $34.37.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Transportadora de Gas del Sur from a “strong-buy” rating to a “buy” rating in a research note 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.