Transportadora De Gas Sa Ord B (NYSE:TGS) was downgraded by investment analysts at Santander from a “hold” rating to an “underweight” rating in a research note issued to investors on Friday.

Separately, Morgan Stanley assumed coverage on shares of Transportadora De Gas Sa Ord B in a research report on Tuesday, September 19th. They issued an “overweight” rating and a $25.00 target price for the company.

Transportadora De Gas Sa Ord B (NYSE TGS) opened at $22.44 on Friday. The firm has a market cap of $3,680.10, a price-to-earnings ratio of 25.17 and a beta of 1.11. Transportadora De Gas Sa Ord B has a 12-month low of $8.15 and a 12-month high of $23.76. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.55 and a quick ratio of 1.49.

A number of institutional investors have recently added to or reduced their stakes in the stock. PointState Capital LP grew its position in Transportadora De Gas Sa Ord B by 23.2% in the second quarter. PointState Capital LP now owns 3,731,715 shares of the energy company’s stock valued at $61,984,000 after purchasing an additional 703,819 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Transportadora De Gas Sa Ord B by 2.5% in the second quarter. Goldman Sachs Group Inc. now owns 1,517,204 shares of the energy company’s stock valued at $25,201,000 after purchasing an additional 37,603 shares in the last quarter. Lazard Asset Management LLC grew its position in Transportadora De Gas Sa Ord B by 8.4% in the second quarter. Lazard Asset Management LLC now owns 1,163,851 shares of the energy company’s stock valued at $19,331,000 after purchasing an additional 90,060 shares in the last quarter. Wasatch Advisors Inc. grew its position in Transportadora De Gas Sa Ord B by 35.8% in the second quarter. Wasatch Advisors Inc. now owns 952,094 shares of the energy company’s stock valued at $15,814,000 after purchasing an additional 251,215 shares in the last quarter. Finally, Schroder Investment Management Group bought a new position in Transportadora De Gas Sa Ord B in the third quarter valued at $11,621,000. 8.91% of the stock is owned by institutional investors and hedge funds.

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Transportadora De Gas Sa Ord B Company Profile

Transportadora de Gas del Sur SA is engaged in the transportation of natural gas and production and commercialization of natural gas liquids (Liquids). The Company operates through four segments: Natural Gas Transportation Services, Liquids Production and Commercialization, Other Services and Telecommunications.

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