Shilanski & Associates Inc. Trims Holdings in Transportadora de Gas del Sur S.A. (NYSE:TGS)

Shilanski & Associates Inc. lowered its position in shares of Transportadora de Gas del Sur S.A. (NYSE:TGS) by 12.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 4,421 shares of the energy company’s stock after selling 654 shares during the period. Shilanski & Associates Inc.’s holdings in Transportadora de Gas del Sur were worth $129,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Mackenzie Financial Corp boosted its stake in Transportadora de Gas del Sur by 76.1% during the second quarter. Mackenzie Financial Corp now owns 25,000 shares of the energy company’s stock valued at $474,000 after buying an additional 10,800 shares during the period. SPX Gestao de Recursos Ltda boosted its position in shares of Transportadora de Gas del Sur by 60.0% during the 2nd quarter. SPX Gestao de Recursos Ltda now owns 185,512 shares of the energy company’s stock valued at $3,521,000 after acquiring an additional 69,556 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of Transportadora de Gas del Sur by 101.4% during the 3rd quarter. GAMMA Investing LLC now owns 1,440 shares of the energy company’s stock valued at $26,000 after acquiring an additional 725 shares during the last quarter. Blue Trust Inc. grew its holdings in shares of Transportadora de Gas del Sur by 97.2% during the third quarter. Blue Trust Inc. now owns 4,240 shares of the energy company’s stock worth $80,000 after purchasing an additional 2,090 shares in the last quarter. Finally, Centiva Capital LP purchased a new stake in Transportadora de Gas del Sur in the third quarter valued at approximately $251,000. Institutional investors own 3.29% of the company’s stock.

Transportadora de Gas del Sur Price Performance

TGS opened at $29.19 on Friday. The company has a current ratio of 2.67, a quick ratio of 2.64 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $4.39 billion, a P/E ratio of 27.03 and a beta of 0.80. The stock has a 50-day moving average price of $29.53 and a 200-day moving average price of $23.19. Transportadora de Gas del Sur S.A. has a 12-month low of $11.81 and a 12-month high of $34.37.

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

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Transportadora de Gas del Sur from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 6th.

About Transportadora de Gas del Sur

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.