Truxt Investmentos Ltda. reduced its holdings in Transportadora de Gas del Sur S.A. (NYSE:TGS – Free Report) by 38.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,147 shares of the energy company’s stock after selling 29,766 shares during the period. Transportadora de Gas del Sur makes up 2.3% of Truxt Investmentos Ltda.’s holdings, making the stock its 13th biggest position. Truxt Investmentos Ltda.’s holdings in Transportadora de Gas del Sur were worth $1,394,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC grew its holdings in Transportadora de Gas del Sur by 118.8% in the 4th quarter. GAMMA Investing LLC now owns 3,150 shares of the energy company’s stock valued at $92,000 after buying an additional 1,710 shares in the last quarter. Blue Trust Inc. boosted its position in shares of Transportadora de Gas del Sur by 97.2% during the 3rd quarter. Blue Trust Inc. now owns 4,240 shares of the energy company’s stock valued at $80,000 after acquiring an additional 2,090 shares during the last quarter. Virtu Financial LLC purchased a new stake in shares of Transportadora de Gas del Sur in the third quarter valued at about $190,000. Centiva Capital LP acquired a new stake in Transportadora de Gas del Sur during the third quarter worth about $251,000. Finally, XTX Topco Ltd purchased a new position in Transportadora de Gas del Sur during the third quarter worth about $349,000. 3.29% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on the stock. Citigroup initiated coverage on shares of Transportadora de Gas del Sur in a research note on Wednesday, February 12th. They issued a “buy” rating and a $35.00 price target for the company. StockNews.com upgraded Transportadora de Gas del Sur from a “buy” rating to a “strong-buy” rating in a research report on Wednesday.
Transportadora de Gas del Sur Stock Down 2.6 %
Shares of TGS opened at $27.23 on Thursday. The company’s 50-day moving average price is $29.04 and its 200 day moving average price is $24.59. Transportadora de Gas del Sur S.A. has a 12-month low of $11.81 and a 12-month high of $34.37. The company has a current ratio of 2.67, a quick ratio of 2.64 and a debt-to-equity ratio of 0.24. The firm has a market cap of $4.10 billion, a P/E ratio of 25.21 and a beta of 0.78.
About Transportadora de Gas del Sur
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.
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