Verde Servicos Internacionais S.A. Invests $308,000 in Pampa Energía S.A. (NYSE:PAM)

Verde Servicos Internacionais S.A. purchased a new position in shares of Pampa Energía S.A. (NYSE:PAM) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 3,500 shares of the utilities provider’s stock, valued at approximately $308,000.

Other large investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. raised its holdings in shares of Pampa Energía by 158.1% during the 3rd quarter. Blue Trust Inc. now owns 413 shares of the utilities provider’s stock valued at $25,000 after buying an additional 253 shares during the period. GAMMA Investing LLC lifted its position in shares of Pampa Energía by 32.7% during the third quarter. GAMMA Investing LLC now owns 1,401 shares of the utilities provider’s stock worth $84,000 after purchasing an additional 345 shares in the last quarter. Driehaus Capital Management LLC boosted its stake in shares of Pampa Energía by 1.7% in the second quarter. Driehaus Capital Management LLC now owns 23,308 shares of the utilities provider’s stock valued at $1,032,000 after purchasing an additional 398 shares during the period. Whittier Trust Co. of Nevada Inc. increased its stake in Pampa Energía by 26.6% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 2,501 shares of the utilities provider’s stock worth $150,000 after buying an additional 526 shares during the period. Finally, Diversify Wealth Management LLC lifted its holdings in Pampa Energía by 3.9% in the 3rd quarter. Diversify Wealth Management LLC now owns 15,110 shares of the utilities provider’s stock worth $1,006,000 after buying an additional 573 shares in the last quarter. 12.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. JPMorgan Chase & Co. lifted their target price on Pampa Energía from $59.00 to $93.50 and gave the stock a “neutral” rating in a research report on Friday, January 10th. StockNews.com upgraded Pampa Energía from a “hold” rating to a “buy” rating in a report on Thursday, November 14th. Finally, Citigroup cut shares of Pampa Energía from a “buy” rating to a “neutral” rating and upped their target price for the stock from $58.00 to $75.00 in a research report on Friday, November 1st. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $71.63.

Pampa Energía Trading Down 3.4 %

Shares of PAM stock opened at $82.72 on Tuesday. The company has a quick ratio of 2.13, a current ratio of 2.41 and a debt-to-equity ratio of 0.44. The stock has a 50-day simple moving average of $87.86 and a 200 day simple moving average of $68.43. Pampa Energía S.A. has a fifty-two week low of $38.15 and a fifty-two week high of $97.55. The stock has a market capitalization of $4.51 billion, a P/E ratio of 12.73 and a beta of 0.94.

Pampa Energía (NYSE:PAM) last posted its quarterly earnings results on Wednesday, November 6th. The utilities provider reported $2.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.75 by $0.95. The company had revenue of $540.00 million for the quarter, compared to analysts’ expectations of $517.71 million. Pampa Energía had a return on equity of 12.15% and a net margin of 19.86%. During the same quarter in the prior year, the company earned $2.80 earnings per share. On average, sell-side analysts expect that Pampa Energía S.A. will post 8.96 earnings per share for the current fiscal year.

Pampa Energía Company Profile

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.