Pampa Energía S.A. (NYSE:PAM) Shares Purchased by Whittier Trust Co. of Nevada Inc.

Whittier Trust Co. of Nevada Inc. raised its position in Pampa Energía S.A. (NYSE:PAM) by 26.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,501 shares of the utilities provider’s stock after purchasing an additional 526 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Pampa Energía were worth $150,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Blue Trust Inc. increased its stake in shares of Pampa Energía by 158.1% in the third quarter. Blue Trust Inc. now owns 413 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 253 shares during the period. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Pampa Energía in the second quarter valued at approximately $37,000. EverSource Wealth Advisors LLC acquired a new stake in shares of Pampa Energía in the first quarter valued at approximately $52,000. GAMMA Investing LLC increased its stake in shares of Pampa Energía by 32.7% in the third quarter. GAMMA Investing LLC now owns 1,401 shares of the utilities provider’s stock valued at $84,000 after purchasing an additional 345 shares during the period. Finally, Headlands Technologies LLC acquired a new stake in shares of Pampa Energía in the first quarter valued at approximately $69,000. Institutional investors and hedge funds own 12.77% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. StockNews.com raised shares of Pampa Energía from a “hold” rating to a “buy” rating in a research note on Monday, August 12th. Bank of America raised their price objective on shares of Pampa Energía from $62.00 to $72.00 and gave the stock a “buy” rating in a research note on Wednesday, September 11th. Citigroup raised shares of Pampa Energía from a “neutral” rating to a “buy” rating and lifted their target price for the company from $51.00 to $58.00 in a research note on Wednesday, July 3rd. Finally, JPMorgan Chase & Co. lifted their target price on shares of Pampa Energía from $47.00 to $55.00 and gave the company a “neutral” rating in a research note on Wednesday, September 25th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Pampa Energía has an average rating of “Moderate Buy” and an average price target of $57.75.

Pampa Energía Trading Down 1.6 %

Shares of NYSE:PAM opened at $66.56 on Thursday. The firm has a market capitalization of $3.63 billion, a P/E ratio of 8.52 and a beta of 0.89. The firm has a fifty day moving average of $58.96 and a two-hundred day moving average of $50.47. The company has a quick ratio of 2.01, a current ratio of 2.33 and a debt-to-equity ratio of 0.44. Pampa Energía S.A. has a 12-month low of $32.91 and a 12-month high of $69.00.

Pampa Energía (NYSE:PAM) last released its quarterly earnings results on Wednesday, August 7th. The utilities provider reported $1.80 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.44. The business had revenue of $500.00 million for the quarter, compared to the consensus estimate of $479.17 million. Pampa Energía had a net margin of 20.96% and a return on equity of 12.59%. On average, equities analysts expect that Pampa Energía S.A. will post 8.91 EPS for the current fiscal year.

About Pampa Energía

Pampa Energía SA operates as an integrated power company in Argentina. The company operates through Electricity Generation, Oil and Gas, Petrochemicals, and Holding and Other Business segments. It generates electricity through thermal plants, hydroelectric plants, and wind farms with a 5,332 megawatt (MW) installed capacity.