31,147 Shares in Transportadora De Gas Sa Ord B $TGS Acquired by FNY Investment Advisers LLC

FNY Investment Advisers LLC bought a new stake in Transportadora De Gas Sa Ord B (NYSE:TGS) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 31,147 shares of the energy company’s stock, valued at approximately $926,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Helikon Investments Ltd raised its stake in shares of Transportadora De Gas Sa Ord B by 13.3% during the fourth quarter. Helikon Investments Ltd now owns 3,283,265 shares of the energy company’s stock valued at $102,077,000 after purchasing an additional 386,015 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Transportadora De Gas Sa Ord B by 9.2% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,627,579 shares of the energy company’s stock valued at $42,154,000 after buying an additional 137,032 shares in the last quarter. SPX Gestao de Recursos Ltda grew its position in Transportadora De Gas Sa Ord B by 108.7% in the 4th quarter. SPX Gestao de Recursos Ltda now owns 1,206,803 shares of the energy company’s stock valued at $37,520,000 after buying an additional 628,438 shares in the last quarter. Fundamenta Capital S.A. acquired a new position in Transportadora De Gas Sa Ord B during the 4th quarter valued at about $18,565,000. Finally, Banco BTG Pactual S.A. increased its stake in Transportadora De Gas Sa Ord B by 143.2% during the 3rd quarter. Banco BTG Pactual S.A. now owns 201,014 shares of the energy company’s stock valued at $4,227,000 after buying an additional 118,357 shares during the period. Institutional investors own 3.29% of the company’s stock.

Transportadora De Gas Sa Ord B Stock Performance

NYSE:TGS opened at $29.18 on Friday. The company has a 50-day moving average of $30.48 and a 200-day moving average of $30.82. The firm has a market cap of $4.39 billion, a price-to-earnings ratio of 13.20, a price-to-earnings-growth ratio of 0.61 and a beta of 0.63. The company has a current ratio of 5.11, a quick ratio of 5.08 and a debt-to-equity ratio of 0.39. Transportadora De Gas Sa Ord B has a twelve month low of $19.74 and a twelve month high of $36.35.

Analyst Ratings Changes

TGS has been the topic of a number of recent analyst reports. Wall Street Zen upgraded shares of Transportadora De Gas Sa Ord B from a “hold” rating to a “buy” rating in a research report on Saturday, July 25th. Zacks Research lowered shares of Transportadora De Gas Sa Ord B from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Weiss Ratings reissued a “hold (c-)” rating on shares of Transportadora De Gas Sa Ord B in a report on Thursday, June 18th. Finally, Bank of America reissued a “buy” rating on shares of Transportadora De Gas Sa Ord B in a report on Thursday, June 11th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Transportadora De Gas Sa Ord B presently has a consensus rating of “Hold” and a consensus target price of $39.00.

Transportadora De Gas Sa Ord B Profile

Transportadora de Gas del Sur SA (NYSE:TGS) is an Argentina‐based midstream energy company principally engaged in the transportation, storage and processing of natural gas. Established in 1992 following the privatization of the state‐owned gas utility, TGS operates one of the country’s largest pipeline networks, carrying gas from production basins in the Neuquén and Golfo San Jorge regions to major consumption markets in Buenos Aires and beyond. The company’s infrastructure supports both domestic supply and export volumes bound for neighboring countries.

In addition to its core pipeline business, TGS maintains a significant gas processing division that extracts natural gas liquids (NGL) and produces liquefied petroleum gas (LPG) and other by‐products.