Transportadora de Gas del Sur (NYSE:TGS) Upgraded at StockNews.com

StockNews.com upgraded shares of Transportadora de Gas del Sur (NYSE:TGS) from a buy rating to a strong-buy rating in a report released on Wednesday.

Separately, Citigroup assumed coverage on Transportadora de Gas del Sur in a research report on Wednesday, February 12th. They set a “buy” rating and a $35.00 price objective for the company.

Transportadora de Gas del Sur Price Performance

NYSE TGS opened at $27.45 on Wednesday. Transportadora de Gas del Sur has a twelve month low of $11.81 and a twelve month high of $34.37. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.64 and a current ratio of 2.67. The stock has a market capitalization of $4.13 billion, a PE ratio of 25.42 and a beta of 0.78. The stock has a 50-day simple moving average of $28.95 and a 200 day simple moving average of $24.69.

Hedge Funds Weigh In On Transportadora de Gas del Sur

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Jane Street Group LLC bought a new position in Transportadora de Gas del Sur during the third quarter valued at about $481,000. Blue Trust Inc. increased its stake in Transportadora de Gas del Sur by 24.4% during the fourth quarter. Blue Trust Inc. now owns 5,276 shares of the energy company’s stock valued at $154,000 after acquiring an additional 1,036 shares during the period. XTX Topco Ltd bought a new stake in shares of Transportadora de Gas del Sur in the 3rd quarter valued at approximately $349,000. GAMMA Investing LLC grew its stake in shares of Transportadora de Gas del Sur by 118.8% in the 4th quarter. GAMMA Investing LLC now owns 3,150 shares of the energy company’s stock valued at $92,000 after purchasing an additional 1,710 shares during the period. Finally, Virtu Financial LLC bought a new stake in shares of Transportadora de Gas del Sur in the 3rd quarter valued at approximately $190,000. 3.29% of the stock is currently owned by institutional investors.

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.