Ping Capital Management Inc. Has $1.14 Million Holdings in Transportadora de Gas del Sur S.A. (NYSE:TGS)

Ping Capital Management Inc. grew its stake in shares of Transportadora de Gas del Sur S.A. (NYSE:TGS) by 4.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 38,800 shares of the energy company’s stock after purchasing an additional 1,800 shares during the period. Transportadora de Gas del Sur comprises approximately 0.3% of Ping Capital Management Inc.’s portfolio, making the stock its 22nd biggest position. Ping Capital Management Inc.’s holdings in Transportadora de Gas del Sur were worth $1,136,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. Blue Trust Inc. grew its stake in shares of Transportadora de Gas del Sur by 24.4% in the 4th quarter. Blue Trust Inc. now owns 5,276 shares of the energy company’s stock worth $154,000 after acquiring an additional 1,036 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Transportadora de Gas del Sur by 118.8% in the fourth quarter. GAMMA Investing LLC now owns 3,150 shares of the energy company’s stock worth $92,000 after purchasing an additional 1,710 shares in the last quarter. Virtu Financial LLC bought a new stake in shares of Transportadora de Gas del Sur in the third quarter valued at approximately $190,000. TT International Asset Management LTD grew its stake in Transportadora de Gas del Sur by 17.3% in the 3rd quarter. TT International Asset Management LTD now owns 1,279,321 shares of the energy company’s stock valued at $23,462,000 after buying an additional 188,268 shares in the last quarter. Finally, XTX Topco Ltd purchased a new stake in shares of Transportadora de Gas del Sur during the third quarter worth $349,000. Institutional investors own 3.29% of the company’s stock.

Transportadora de Gas del Sur Stock Up 1.5 %

Shares of NYSE:TGS opened at $28.15 on Wednesday. The firm has a fifty day moving average price of $29.45 and a two-hundred day moving average price of $23.88. The company has a market cap of $4.24 billion, a price-to-earnings ratio of 26.06 and a beta of 0.78. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.67 and a quick ratio of 2.64. Transportadora de Gas del Sur S.A. has a one year low of $11.81 and a one year high of $34.37.

Transportadora de Gas del Sur (NYSE:TGS) last posted its earnings results on Monday, November 4th. The energy company reported $0.37 EPS for the quarter, hitting the consensus estimate of $0.37. Transportadora de Gas del Sur had a return on equity of 7.31% and a net margin of 15.46%. The business had revenue of $272.48 million during the quarter, compared to analysts’ expectations of $321.45 million. Analysts anticipate that Transportadora de Gas del Sur S.A. will post 0.52 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Transportadora de Gas del Sur from a “strong-buy” rating to a “buy” rating in a research note 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.