Pampa Energia S.A. (NYSE:PAM) Short Interest Update

Pampa Energia S.A. (NYSE:PAM) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 454,200 shares, an increase of 52.6% from the August 31st total of 297,600 shares. Based on an average daily volume of 318,500 shares, the short-interest ratio is presently 1.4 days. Approximately 0.8% of the shares of the stock are short sold. Approximately 0.8% of the shares of the stock are short sold. Based on an average daily volume of 318,500 shares, the short-interest ratio is presently 1.4 days.

Institutional Investors Weigh In On Pampa Energia

Large investors have recently made changes to their positions in the business. Itau Unibanco Holding S.A. raised its holdings in shares of Pampa Energia by 1,122.0% during the first quarter. Itau Unibanco Holding S.A. now owns 213,674 shares of the utilities provider’s stock valued at $16,067,000 after acquiring an additional 196,188 shares in the last quarter. TT International Asset Management LTD increased its position in Pampa Energia by 9.4% during the 1st quarter. TT International Asset Management LTD now owns 1,319,537 shares of the utilities provider’s stock valued at $101,868,000 after purchasing an additional 112,934 shares during the period. Banco BTG Pactual S.A. raised its holdings in Pampa Energia by 467.2% in the 2nd quarter. Banco BTG Pactual S.A. now owns 93,583 shares of the utilities provider’s stock worth $6,493,000 after purchasing an additional 77,083 shares in the last quarter. Millennium Management LLC lifted its position in shares of Pampa Energia by 85.4% in the 1st quarter. Millennium Management LLC now owns 162,521 shares of the utilities provider’s stock worth $12,547,000 after purchasing an additional 74,841 shares during the period. Finally, Helikon Investments Ltd lifted its position in shares of Pampa Energia by 11.2% in the 1st quarter. Helikon Investments Ltd now owns 492,578 shares of the utilities provider’s stock worth $38,027,000 after purchasing an additional 49,709 shares during the period. 12.77% of the stock is currently owned by institutional investors.

Pampa Energia Trading Up 1.9%

Shares of PAM opened at $61.10 on Thursday. The stock has a market capitalization of $3.33 billion, a P/E ratio of 7.53, a PEG ratio of 5.58 and a beta of 1.10. Pampa Energia has a twelve month low of $54.95 and a twelve month high of $97.55. The company has a quick ratio of 2.33, a current ratio of 2.70 and a debt-to-equity ratio of 0.39. The firm has a fifty day simple moving average of $66.76 and a two-hundred day simple moving average of $71.87.

Pampa Energia (NYSE:PAM) last issued its quarterly earnings data on Wednesday, August 6th. The utilities provider reported $0.70 EPS for the quarter, missing the consensus estimate of $2.35 by ($1.65). The firm had revenue of $486.00 million for the quarter, compared to the consensus estimate of $632.05 million. Pampa Energia had a net margin of 23.73% and a return on equity of 13.01%. On average, research analysts anticipate that Pampa Energia will post 9.33 EPS for the current year.

Analysts Set New Price Targets

A number of analysts recently weighed in on the company. Weiss Ratings restated a “hold (c-)” rating on shares of Pampa Energia in a research report on Wednesday. Zacks Research lowered shares of Pampa Energia from a “hold” rating to a “strong sell” rating in a report on Monday. Finally, Wall Street Zen downgraded shares of Pampa Energia from a “hold” rating to a “sell” rating in a research note on Friday, September 26th. Three investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $92.75.

About Pampa Energia

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.