220,482 Shares in Transportadora de Gas del Sur S.A. (NYSE:TGS) Acquired by Helikon Investments Ltd

Helikon Investments Ltd bought a new stake in shares of Transportadora de Gas del Sur S.A. (NYSE:TGS) in the first quarter, HoldingsChannel.com reports. The firm bought 220,482 shares of the energy company’s stock, valued at approximately $3,329,000. Transportadora de Gas del Sur makes up about 0.3% of Helikon Investments Ltd’s holdings, making the stock its 17th biggest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Blue Trust Inc. purchased a new stake in Transportadora de Gas del Sur during the fourth quarter valued at $41,000. Tower Research Capital LLC TRC bought a new stake in shares of Transportadora de Gas del Sur during the 4th quarter valued at about $53,000. FNY Investment Advisers LLC purchased a new stake in shares of Transportadora de Gas del Sur during the 4th quarter valued at about $73,000. OLD National Bancorp IN bought a new position in shares of Transportadora de Gas del Sur in the 4th quarter worth approximately $172,000. Finally, Mackenzie Financial Corp bought a new position in shares of Transportadora de Gas del Sur in the 4th quarter worth approximately $226,000. 3.29% of the stock is owned by institutional investors.

Transportadora de Gas del Sur Stock Performance

Transportadora de Gas del Sur stock traded up $0.24 during trading on Tuesday, reaching $18.14. The company had a trading volume of 85,362 shares, compared to its average volume of 242,642. The firm’s 50-day simple moving average is $18.44 and its 200 day simple moving average is $15.93. Transportadora de Gas del Sur S.A. has a 52 week low of $9.50 and a 52 week high of $20.59. The company has a current ratio of 3.01, a quick ratio of 2.97 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $2.73 billion, a price-to-earnings ratio of 34.23 and a beta of 0.82.

Transportadora de Gas del Sur (NYSE:TGS) last posted its quarterly earnings data on Monday, May 6th. The energy company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.31 by $0.14. The firm had revenue of $229.02 million for the quarter, compared to the consensus estimate of $209.71 million. Transportadora de Gas del Sur had a return on equity of 3.65% and a net margin of 8.10%. Sell-side analysts forecast that Transportadora de Gas del Sur S.A. will post 0.77 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Transportadora de Gas del Sur from a “buy” rating to a “strong-buy” rating in a report on Thursday, May 16th.

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; Midstream; and Telecommunications.