Glenorchy Capital Ltd Invests $717,000 in Transportadora de Gas del Sur S.A. (NYSE:TGS)

Glenorchy Capital Ltd acquired a new stake in shares of Transportadora de Gas del Sur S.A. (NYSE:TGS) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 47,499 shares of the energy company’s stock, valued at approximately $717,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Transportadora de Gas del Sur by 62.1% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 356,427 shares of the energy company’s stock valued at $5,378,000 after purchasing an additional 136,499 shares during the last quarter. Quadrature Capital Ltd increased its holdings in shares of Transportadora de Gas del Sur by 95.1% during the third quarter. Quadrature Capital Ltd now owns 101,510 shares of the energy company’s stock valued at $1,032,000 after acquiring an additional 49,471 shares in the last quarter. Trium Capital LLP raised its position in shares of Transportadora de Gas del Sur by 29.6% in the 3rd quarter. Trium Capital LLP now owns 134,608 shares of the energy company’s stock worth $1,370,000 after purchasing an additional 30,735 shares during the last quarter. Jump Financial LLC bought a new position in shares of Transportadora de Gas del Sur in the third quarter worth approximately $183,000. Finally, Mackenzie Financial Corp bought a new stake in Transportadora de Gas del Sur in the 4th quarter worth approximately $226,000. 3.29% of the stock is owned by hedge funds and other institutional investors.

Transportadora de Gas del Sur Stock Performance

Shares of TGS stock traded down $0.42 during mid-day trading on Tuesday, reaching $16.57. 268,183 shares of the company’s stock traded hands, compared to its average volume of 256,990. The company has a debt-to-equity ratio of 0.48, a quick ratio of 3.49 and a current ratio of 3.56. The firm has a market capitalization of $2.49 billion, a PE ratio of 59.18 and a beta of 0.71. Transportadora de Gas del Sur S.A. has a 12 month low of $9.50 and a 12 month high of $19.95. The firm has a 50 day moving average price of $14.53 and a two-hundred day moving average price of $13.68.

Transportadora de Gas del Sur (NYSE:TGS) last posted its quarterly earnings data on Monday, March 4th. The energy company reported ($0.38) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.40). The company had revenue of $249.63 million during the quarter, compared to the consensus estimate of $227.09 million. Transportadora de Gas del Sur had a return on equity of 1.88% and a net margin of 4.16%. On average, research analysts forecast that Transportadora de Gas del Sur S.A. will post 0.07 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on TGS. StockNews.com cut Transportadora de Gas del Sur from a “strong-buy” rating to a “buy” rating in a report on Thursday, March 28th. TheStreet upgraded Transportadora de Gas del Sur from a “c” rating to a “b-” rating in a research note on Tuesday, January 2nd.

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; Other Services; and Telecommunications.