Pampa Energia (NYSE:PAM) was upgraded by research analysts at ValuEngine from a “sell” rating to a “hold” rating in a report issued on Wednesday, ValuEngine reports.

Separately, Zacks Investment Research cut Pampa Energia from a “hold” rating to a “strong sell” rating in a research report on Thursday, February 14th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company’s stock. Pampa Energia presently has an average rating of “Buy” and an average target price of $42.50.

Shares of PAM traded up $3.76 during mid-day trading on Wednesday, hitting $33.66. The company’s stock had a trading volume of 2,589,033 shares, compared to its average volume of 660,821. Pampa Energia has a one year low of $19.50 and a one year high of $48.72. The company has a current ratio of 1.34, a quick ratio of 1.20 and a debt-to-equity ratio of 0.97. The stock has a market capitalization of $1.90 billion, a price-to-earnings ratio of -22.00 and a beta of 0.32.

Pampa Energia (NYSE:PAM) last issued its earnings results on Friday, May 10th. The utilities provider reported $1.95 EPS for the quarter, topping the consensus estimate of ($1.01) by $2.96. The firm had revenue of $687.62 million during the quarter. Pampa Energia had a negative return on equity of 6.38% and a net margin of 0.88%. Equities analysts predict that Pampa Energia will post 2.21 EPS for the current year.

A number of hedge funds have recently modified their holdings of PAM. LSV Asset Management increased its holdings in shares of Pampa Energia by 28.8% in the 4th quarter. LSV Asset Management now owns 20,581 shares of the utilities provider’s stock valued at $654,000 after purchasing an additional 4,600 shares during the period. Victory Capital Management Inc. acquired a new position in shares of Pampa Energia in the 4th quarter valued at about $69,000. Eaton Vance Management increased its holdings in shares of Pampa Energia by 18.0% in the 4th quarter. Eaton Vance Management now owns 43,869 shares of the utilities provider’s stock valued at $1,395,000 after purchasing an additional 6,700 shares during the period. TT International increased its holdings in shares of Pampa Energia by 59.9% in the 4th quarter. TT International now owns 1,751,889 shares of the utilities provider’s stock valued at $55,727,000 after purchasing an additional 656,336 shares during the period. Finally, Standard Life Aberdeen plc increased its holdings in shares of Pampa Energia by 60.1% in the 4th quarter. Standard Life Aberdeen plc now owns 167,100 shares of the utilities provider’s stock valued at $5,132,000 after purchasing an additional 62,700 shares during the period. 38.30% of the stock is owned by hedge funds and other institutional investors.

Pampa Energia Company Profile

Pampa EnergĂ­a SA, an integrated electricity company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in Argentina. The company generates electricity through combined cycle gas-fired generating units, thermal generation plants, open-cycle gas turbines, and hydroelectric power generation systems, as well as through a wind farm.

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