Wasatch Advisors Inc. cut its holdings in shares of Pampa Energia S.A. (NYSE:PAM) by 22.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 209,779 shares of the utilities provider’s stock after selling 61,390 shares during the period. Wasatch Advisors Inc. owned approximately 0.29% of Pampa Energia worth $13,657,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Creative Planning boosted its position in shares of Pampa Energia by 32.1% during the second quarter. Creative Planning now owns 1,850 shares of the utilities provider’s stock valued at $109,000 after buying an additional 450 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. boosted its position in shares of Pampa Energia by 10.0% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 5,500 shares of the utilities provider’s stock valued at $324,000 after buying an additional 500 shares during the last quarter. Advisor Group Inc. boosted its position in shares of Pampa Energia by 11.6% during the third quarter. Advisor Group Inc. now owns 7,315 shares of the utilities provider’s stock valued at $476,000 after buying an additional 760 shares during the last quarter. Fisher Asset Management LLC boosted its position in shares of Pampa Energia by 12.6% during the third quarter. Fisher Asset Management LLC now owns 10,698 shares of the utilities provider’s stock valued at $696,000 after buying an additional 1,198 shares during the last quarter. Finally, Parkwood LLC boosted its position in shares of Pampa Energia by 19.3% during the second quarter. Parkwood LLC now owns 12,760 shares of the utilities provider’s stock valued at $751,000 after buying an additional 2,060 shares during the last quarter. 45.60% of the stock is currently owned by institutional investors.

ILLEGAL ACTIVITY WARNING: “Pampa Energia S.A. (PAM) Position Lowered by Wasatch Advisors Inc.” was posted by Watch List News and is owned by of Watch List News. If you are viewing this report on another publication, it was stolen and republished in violation of United States & international copyright and trademark laws. The correct version of this report can be viewed at https://www.watchlistnews.com/pampa-energia-s-a-pam-position-lowered-by-wasatch-advisors-inc/1722247.html.

Pampa Energia S.A. (NYSE PAM) traded up $2.76 during trading on Thursday, hitting $67.40. The company had a trading volume of 220,000 shares, compared to its average volume of 294,090. The stock has a market capitalization of $4,748.46, a PE ratio of 19.47 and a beta of 1.19. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.27 and a quick ratio of 1.11. Pampa Energia S.A. has a 12 month low of $31.52 and a 12 month high of $71.39.

PAM has been the topic of several recent analyst reports. ValuEngine raised Pampa Energia from a “hold” rating to a “buy” rating in a research report on Wednesday, November 15th. Morgan Stanley initiated coverage on Pampa Energia in a research report on Tuesday, September 19th. They set an “equal weight” rating and a $69.00 price objective on the stock. Two analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Pampa Energia has an average rating of “Buy” and an average price target of $72.00.

About Pampa Energia

Pampa Energia SA is an integrated electricity company. The Company, through its subsidiaries, is engaged in the generation, transmission and distribution of electricity in Argentina. Its segments include generation, transmission, distribution, oil and gas, and holding and others. Its generation segment includes a direct and indirect equity interest in Central Piedra Buena SA, Central Termica Guemes SA, Central Termica Loma de la Lata SA and Pampa Comercializadora S.A, among others, and investments in companies in the electricity generation sector.

Institutional Ownership by Quarter for Pampa Energia (NYSE:PAM)

Receive News & Ratings for Pampa Energia S.A. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pampa Energia S.A. and related companies with Analyst Ratings Network's FREE daily email newsletter.