Transportadora de Gas del Sur S.A. (NYSE:TGS) Shares Sold by TT International Asset Management LTD

TT International Asset Management LTD cut its holdings in shares of Transportadora de Gas del Sur S.A. (NYSE:TGS) by 6.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,190,573 shares of the energy company’s stock after selling 88,748 shares during the quarter. Transportadora de Gas del Sur accounts for about 5.1% of TT International Asset Management LTD’s investment portfolio, making the stock its 7th largest holding. TT International Asset Management LTD owned 0.79% of Transportadora de Gas del Sur worth $34,848,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of TGS. SPX Gestao de Recursos Ltda boosted its position in Transportadora de Gas del Sur by 60.0% during the 2nd quarter. SPX Gestao de Recursos Ltda now owns 185,512 shares of the energy company’s stock worth $3,521,000 after acquiring an additional 69,556 shares during the period. Turim 21 Investimentos Ltda. acquired a new stake in Transportadora de Gas del Sur during the 2nd quarter worth about $514,000. Jane Street Group LLC acquired a new stake in Transportadora de Gas del Sur during the 3rd quarter worth about $481,000. XTX Topco Ltd acquired a new stake in Transportadora de Gas del Sur during the 3rd quarter worth about $349,000. Finally, Centiva Capital LP acquired a new stake in Transportadora de Gas del Sur during the 3rd quarter worth about $251,000. 3.29% of the stock is currently owned by institutional investors and hedge funds.

Transportadora de Gas del Sur Stock Performance

Shares of NYSE TGS opened at $31.81 on Monday. The company has a quick ratio of 2.64, a current ratio of 2.67 and a debt-to-equity ratio of 0.24. The business’s 50 day moving average is $28.63 and its two-hundred day moving average is $22.58. The company has a market cap of $4.79 billion, a P/E ratio of 29.45 and a beta of 0.80. Transportadora de Gas del Sur S.A. has a 12 month low of $11.81 and a 12 month high of $34.37.

Wall Street Analysts Forecast Growth

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

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.