OLD National Bancorp IN Lowers Stock Position in Transportadora de Gas del Sur S.A. (NYSE:TGS)

OLD National Bancorp IN cut its position in shares of Transportadora de Gas del Sur S.A. (NYSE:TGS) by 21.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,900 shares of the energy company’s stock after selling 2,500 shares during the quarter. OLD National Bancorp IN’s holdings in Transportadora de Gas del Sur were worth $261,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. GAMMA Investing LLC boosted its stake in shares of Transportadora de Gas del Sur by 101.4% in the 3rd quarter. GAMMA Investing LLC now owns 1,440 shares of the energy company’s stock worth $26,000 after buying an additional 725 shares during the last quarter. Blue Trust Inc. boosted its position in Transportadora de Gas del Sur by 97.2% in the third quarter. Blue Trust Inc. now owns 4,240 shares of the energy company’s stock worth $80,000 after purchasing an additional 2,090 shares during the last quarter. Virtu Financial LLC bought a new position in Transportadora de Gas del Sur in the 3rd quarter valued at $190,000. Centiva Capital LP bought a new position in Transportadora de Gas del Sur in the 3rd quarter valued at $251,000. Finally, XTX Topco Ltd purchased a new stake in shares of Transportadora de Gas del Sur during the 3rd quarter valued at $349,000. 3.29% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Transportadora de Gas del Sur from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 6th.

Transportadora de Gas del Sur Trading Down 3.7 %

NYSE:TGS opened at $28.27 on Monday. 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’s 50 day moving average is $29.50 and its 200 day moving average is $23.73. The stock has a market capitalization of $4.26 billion, a PE ratio of 26.18 and a beta of 0.80.

Transportadora de Gas del Sur (NYSE:TGS) last issued its earnings results on Monday, November 4th. The energy company reported $0.37 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.37. The firm had revenue of $272.48 million for the quarter, compared to analyst estimates of $321.45 million. Transportadora de Gas del Sur had a return on equity of 7.31% and a net margin of 15.46%. Sell-side analysts expect that Transportadora de Gas del Sur S.A. will post 0.52 earnings per share for the current year.

Transportadora de Gas del Sur 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.