Campbell & CO Investment Adviser LLC Lowers Stake in Transportadora De Gas Sa Ord B $TGS

Campbell & CO Investment Adviser LLC cut its holdings in shares of Transportadora De Gas Sa Ord B (NYSE:TGS) by 14.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 30,886 shares of the energy company’s stock after selling 5,246 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Transportadora De Gas Sa Ord B were worth $800,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. NewEdge Advisors LLC boosted its position in Transportadora De Gas Sa Ord B by 28.8% during the first quarter. NewEdge Advisors LLC now owns 12,176 shares of the energy company’s stock worth $322,000 after purchasing an additional 2,725 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new position in shares of Transportadora De Gas Sa Ord B during the 2nd quarter worth approximately $488,000. Quantbot Technologies LP acquired a new position in shares of Transportadora De Gas Sa Ord B during the 1st quarter worth approximately $656,000. Allianz Asset Management GmbH lifted its position in shares of Transportadora De Gas Sa Ord B by 14.4% during the 1st quarter. Allianz Asset Management GmbH now owns 27,923 shares of the energy company’s stock valued at $739,000 after buying an additional 3,507 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in Transportadora De Gas Sa Ord B by 77.4% in the 2nd quarter. Janney Montgomery Scott LLC now owns 29,721 shares of the energy company’s stock valued at $770,000 after acquiring an additional 12,965 shares during the period. Hedge funds and other institutional investors own 3.29% of the company’s stock.

Transportadora De Gas Sa Ord B Stock Performance

NYSE:TGS opened at $30.06 on Friday. The company has a market cap of $4.52 billion, a P/E ratio of 13.12, a P/E/G ratio of 1.78 and a beta of 0.80. Transportadora De Gas Sa Ord B has a twelve month low of $19.74 and a twelve month high of $34.37. The company’s 50-day moving average price is $24.33 and its 200-day moving average price is $26.57. The company has a current ratio of 3.72, a quick ratio of 3.67 and a debt-to-equity ratio of 0.24.

Transportadora De Gas Sa Ord B (NYSE:TGS) last announced its quarterly earnings data on Monday, November 3rd. The energy company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.50. Transportadora De Gas Sa Ord B had a net margin of 27.37% and a return on equity of 13.26%. The company had revenue of $316.00 million during the quarter, compared to analysts’ expectations of $359.08 million. On average, sell-side analysts forecast that Transportadora De Gas Sa Ord B will post 1.96 earnings per share for the current fiscal year.

Analyst Ratings Changes

TGS has been the subject of a number of research analyst reports. Bank of America assumed coverage on shares of Transportadora De Gas Sa Ord B in a research report on Friday, October 31st. They set a “buy” rating and a $39.00 price objective for the company. Wall Street Zen cut shares of Transportadora De Gas Sa Ord B from a “buy” rating to a “hold” rating in a research note on Saturday, July 26th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Transportadora De Gas Sa Ord B in a research note on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Transportadora De Gas Sa Ord B currently has an average rating of “Moderate Buy” and an average price target of $39.50.

Transportadora De Gas Sa Ord B 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.