Mirabella Financial Services LLP Has $232,000 Stake in Pampa Energía S.A. (NYSE:PAM)

Mirabella Financial Services LLP reduced its stake in Pampa Energía S.A. (NYSE:PAM) by 65.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,869 shares of the utilities provider’s stock after selling 7,345 shares during the period. Mirabella Financial Services LLP’s holdings in Pampa Energía were worth $232,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in PAM. Blue Trust Inc. lifted its stake in Pampa Energía by 158.1% in the 3rd quarter. Blue Trust Inc. now owns 413 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 253 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Pampa Energía during the 2nd quarter valued at $37,000. EverSource Wealth Advisors LLC acquired a new stake in shares of Pampa Energía during the 1st quarter valued at $52,000. GAMMA Investing LLC grew its position in Pampa Energía by 32.7% during the 3rd quarter. GAMMA Investing LLC now owns 1,401 shares of the utilities provider’s stock worth $84,000 after acquiring an additional 345 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. increased its holdings in Pampa Energía by 144.1% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 1,975 shares of the utilities provider’s stock worth $87,000 after purchasing an additional 1,166 shares in the last quarter. 12.77% of the stock is owned by institutional investors.

Pampa Energía Price Performance

Pampa Energía stock opened at $82.63 on Tuesday. The firm has a market cap of $4.51 billion, a P/E ratio of 12.71 and a beta of 0.88. The stock’s 50 day moving average is $66.82 and its 200 day moving average is $54.68. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.41 and a quick ratio of 2.13. Pampa Energía S.A. has a one year low of $38.15 and a one year high of $86.91.

Pampa Energía (NYSE:PAM) last issued its quarterly earnings results on Wednesday, November 6th. The utilities provider reported $2.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.75 by $0.95. Pampa Energía had a net margin of 19.86% and a return on equity of 12.15%. The firm had revenue of $540.00 million for the quarter, compared to the consensus estimate of $517.71 million. During the same quarter in the previous year, the company earned $2.80 EPS. As a group, research analysts expect that Pampa Energía S.A. will post 8.65 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Citigroup lowered Pampa Energía from a “buy” rating to a “neutral” rating and lifted their price target for the company from $58.00 to $75.00 in a research note on Friday, November 1st. StockNews.com upgraded shares of Pampa Energía from a “hold” rating to a “buy” rating in a research report on Thursday, November 14th. Bank of America upped their price target on shares of Pampa Energía from $62.00 to $72.00 and gave the company a “buy” rating in a research report on Wednesday, September 11th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Pampa Energía from $55.00 to $59.00 and gave the stock a “neutral” rating in a report on Wednesday, October 30th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $63.00.

About Pampa Energía

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.