Pampa Energía S.A. (NYSE:PAM) is Helikon Investments Ltd’s 8th Largest Position

Helikon Investments Ltd lessened its holdings in shares of Pampa Energía S.A. (NYSE:PAM) by 66.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 442,869 shares of the utilities provider’s stock after selling 876,546 shares during the quarter. Pampa Energía accounts for 4.1% of Helikon Investments Ltd’s portfolio, making the stock its 8th largest position. Helikon Investments Ltd owned 0.81% of Pampa Energía worth $38,946,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of PAM. Blue Trust Inc. raised its stake in shares of Pampa Energía by 158.1% in the 3rd quarter. Blue Trust Inc. now owns 413 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 253 shares in the last quarter. GAMMA Investing LLC increased its holdings in Pampa Energía by 32.7% in the third quarter. GAMMA Investing LLC now owns 1,401 shares of the utilities provider’s stock valued at $84,000 after buying an additional 345 shares during the last quarter. Whittier Trust Co. of Nevada Inc. raised its stake in Pampa Energía by 26.6% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 2,501 shares of the utilities provider’s stock valued at $150,000 after buying an additional 526 shares in the last quarter. PFG Investments LLC bought a new position in Pampa Energía during the 4th quarter worth approximately $226,000. Finally, DGS Capital Management LLC acquired a new position in shares of Pampa Energía in the 4th quarter worth approximately $282,000. 12.77% of the stock is currently owned by hedge funds and other institutional investors.

Pampa Energía Trading Down 1.5 %

NYSE:PAM opened at $85.55 on Monday. The firm has a market capitalization of $4.67 billion, a P/E ratio of 13.16 and a beta of 0.94. The business has a 50 day simple moving average of $87.81 and a 200 day simple moving average of $68.18. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.41 and a quick ratio of 2.13. Pampa Energía S.A. has a 12-month low of $38.15 and a 12-month high of $97.55.

Pampa Energía (NYSE:PAM) last announced 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. Pampa Energía had a net margin of 19.86% and a return on equity of 12.15%. The company had revenue of $540.00 million during the quarter, compared to the consensus estimate of $517.71 million. During the same quarter in the previous year, the company posted $2.80 earnings per share. Equities research analysts predict that Pampa Energía S.A. will post 8.96 EPS for the current year.

Wall Street Analysts Forecast Growth

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

About Pampa Energía

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.