MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Has $42.57 Million Stake in Transportadora de Gas del Sur S.A. (NYSE:TGS)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Transportadora de Gas del Sur S.A. (NYSE:TGS) by 67.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,454,524 shares of the energy company’s stock after purchasing an additional 583,991 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 0.97% of Transportadora de Gas del Sur worth $42,574,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Blue Trust Inc. grew its position in shares of Transportadora de Gas del Sur by 24.4% in the fourth quarter. Blue Trust Inc. now owns 5,276 shares of the energy company’s stock valued at $154,000 after purchasing an additional 1,036 shares during the last quarter. Insigneo Advisory Services LLC acquired a new position in shares of Transportadora de Gas del Sur in the fourth quarter valued at approximately $216,000. NewEdge Advisors LLC grew its position in shares of Transportadora de Gas del Sur by 1,493.8% in the fourth quarter. NewEdge Advisors LLC now owns 9,451 shares of the energy company’s stock valued at $277,000 after purchasing an additional 8,858 shares during the last quarter. Aquatic Capital Management LLC acquired a new position in shares of Transportadora de Gas del Sur in the fourth quarter valued at approximately $400,000. Finally, Bank of America Corp DE grew its position in shares of Transportadora de Gas del Sur by 339.0% in the fourth quarter. Bank of America Corp DE now owns 14,585 shares of the energy company’s stock valued at $427,000 after purchasing an additional 11,263 shares during the last quarter. Institutional investors and hedge funds own 3.29% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Citigroup assumed coverage on Transportadora de Gas del Sur in a research report on Wednesday, February 12th. They set a “buy” rating and a $35.00 price target on the stock. StockNews.com downgraded Transportadora de Gas del Sur from a “strong-buy” rating to a “buy” rating in a research report on Monday.

Transportadora de Gas del Sur Trading Up 2.6%

Shares of TGS stock opened at $29.69 on Wednesday. The stock’s fifty day moving average price is $26.09 and its two-hundred day moving average price is $27.22. The company has a market cap of $4.47 billion, a PE ratio of 27.49 and a beta of 0.73. Transportadora de Gas del Sur S.A. has a fifty-two week low of $14.16 and a fifty-two week high of $34.37. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.64 and a current ratio of 2.67.

Transportadora de Gas del Sur Company 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.