Tower Research Capital LLC TRC Makes New $53,000 Investment in Transportadora de Gas del Sur S.A. (NYSE:TGS)

Tower Research Capital LLC TRC bought a new position in shares of Transportadora de Gas del Sur S.A. (NYSE:TGS) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 3,504 shares of the energy company’s stock, valued at approximately $53,000.

Other institutional investors also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. increased its position 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 acquiring an additional 136,499 shares during the last quarter. Quadrature Capital Ltd increased its position 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 during the last quarter. Glenorchy Capital Ltd acquired a new stake in shares of Transportadora de Gas del Sur during the fourth quarter valued at about $717,000. Trium Capital LLP increased its position in shares of Transportadora de Gas del Sur by 29.6% during the third quarter. Trium Capital LLP now owns 134,608 shares of the energy company’s stock valued at $1,370,000 after acquiring an additional 30,735 shares during the last quarter. Finally, Channing Global Advisors LLC acquired a new stake in shares of Transportadora de Gas del Sur during the fourth quarter valued at about $401,000. 3.29% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. TheStreet upgraded shares of Transportadora de Gas del Sur from a “c” rating to a “b-” rating in a research report on Tuesday, January 2nd. StockNews.com cut shares of Transportadora de Gas del Sur from a “strong-buy” rating to a “buy” rating in a report on Thursday, March 28th.

Transportadora de Gas del Sur Stock Up 0.7 %

Shares of TGS stock traded up $0.13 during trading on Tuesday, reaching $17.58. The company’s stock had a trading volume of 468,375 shares, compared to its average volume of 257,214. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.56 and a quick ratio of 3.49. Transportadora de Gas del Sur S.A. has a 1-year low of $9.50 and a 1-year high of $19.95. The company has a market capitalization of $2.65 billion, a price-to-earnings ratio of 62.79 and a beta of 0.71. The stock’s 50-day moving average price is $14.93 and its 200 day moving average price is $13.91.

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

Transportadora de Gas del Sur Company 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; Midstream; and Telecommunications.