Transportadora de Gas del Sur (NYSE:TGS) Rating Lowered to Buy at StockNews.com

Transportadora de Gas del Sur (NYSE:TGS) was downgraded by equities researchers at StockNews.com from a “strong-buy” rating to a “buy” rating in a research report issued on Monday.

Separately, Citigroup started coverage on shares of Transportadora de Gas del Sur in a research report on Wednesday, February 12th. They issued a “buy” rating and a $35.00 target price for the company.

Transportadora de Gas del Sur Price Performance

NYSE TGS opened at $29.69 on Monday. Transportadora de Gas del Sur has a 52 week low of $14.16 and a 52 week high of $34.37. 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 cap of $4.47 billion, a price-to-earnings ratio of 27.49 and a beta of 0.73. The company has a 50-day moving average price of $26.09 and a two-hundred day moving average price of $27.22.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Point72 Asset Management L.P. bought a new position in shares of Transportadora de Gas del Sur in the fourth quarter valued at approximately $76,000. GAMMA Investing LLC boosted its holdings in shares of Transportadora de Gas del Sur by 13.7% in the first quarter. GAMMA Investing LLC now owns 3,582 shares of the energy company’s stock valued at $95,000 after acquiring an additional 432 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of Transportadora de Gas del Sur by 24.4% in 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 in the last quarter. Insigneo Advisory Services LLC bought a new position in shares of Transportadora de Gas del Sur in the fourth quarter valued at approximately $216,000. Finally, NewEdge Advisors LLC boosted its holdings in shares of Transportadora de Gas del Sur by 1,493.8% in the fourth quarter. NewEdge Advisors LLC now owns 9,451 shares of the energy company’s stock valued at $277,000 after acquiring an additional 8,858 shares in the last quarter. 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.