Janney Montgomery Scott LLC Sells 325 Shares of Pampa Energia S.A. (NYSE:PAM)

Janney Montgomery Scott LLC lowered its position in shares of Pampa Energia S.A. (NYSE:PAM) by 3.8% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 8,171 shares of the utilities provider’s stock after selling 325 shares during the period. Janney Montgomery Scott LLC’s holdings in Pampa Energia were worth $631,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Compass Group LLC bought a new stake in shares of Pampa Energia in the 4th quarter valued at about $152,000. Virtu Financial LLC purchased a new position in Pampa Energia during the fourth quarter valued at approximately $209,000. QRG Capital Management Inc. bought a new position in Pampa Energia in the fourth quarter worth approximately $210,000. Insigneo Advisory Services LLC purchased a new stake in Pampa Energia during the fourth quarter worth $217,000. Finally, Ameriprise Financial Inc. bought a new stake in Pampa Energia during the 4th quarter valued at $236,000. 12.77% of the stock is currently owned by institutional investors.

Pampa Energia Trading Down 0.8%

NYSE:PAM opened at $68.83 on Wednesday. The stock has a market capitalization of $3.75 billion, a price-to-earnings ratio of 7.47 and a beta of 1.13. Pampa Energia S.A. has a 52 week low of $38.58 and a 52 week high of $97.55. The company has a quick ratio of 1.58, a current ratio of 1.82 and a debt-to-equity ratio of 0.38. The firm has a 50 day moving average of $75.56 and a 200 day moving average of $79.60.

Pampa Energia (NYSE:PAM) last issued its quarterly earnings data on Monday, May 12th. The utilities provider reported $2.81 EPS for the quarter, beating the consensus estimate of $1.92 by $0.89. The firm had revenue of $414.00 million during the quarter, compared to analyst estimates of $487.63 million. Pampa Energia had a return on equity of 15.29% and a net margin of 26.73%. As a group, sell-side analysts anticipate that Pampa Energia S.A. will post 9.33 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Citigroup lifted their price target on Pampa Energia from $88.00 to $92.00 and gave the company a “neutral” rating in a report on Monday, May 19th. Wall Street Zen upgraded Pampa Energia from a “hold” rating to a “buy” rating in a research note on Wednesday, May 21st.

Pampa Energia Company Profile

Pampa Energía SA operates as an integrated power company in Argentina. The company operates through Electricity Generation, Oil and Gas, Petrochemicals, and Holding and Other Business segments. It generates electricity through thermal plants, hydroelectric plants, and wind farms with a 5,332 megawatt (MW) installed capacity.