Truxt Investmentos Ltda. Lowers Stock Holdings in Transportadora de Gas del Sur S.A. (NYSE:TGS)

Truxt Investmentos Ltda. lessened its position in Transportadora de Gas del Sur S.A. (NYSE:TGS) by 38.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 47,147 shares of the energy company’s stock after selling 29,766 shares during the quarter. Transportadora de Gas del Sur accounts for approximately 2.3% of Truxt Investmentos Ltda.’s portfolio, making the stock its 13th biggest position. Truxt Investmentos Ltda.’s holdings in Transportadora de Gas del Sur were worth $1,394,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the company. TT International Asset Management LTD lifted its holdings in Transportadora de Gas del Sur by 17.3% during the 3rd quarter. TT International Asset Management LTD now owns 1,279,321 shares of the energy company’s stock worth $23,462,000 after buying an additional 188,268 shares in the last quarter. Ping Capital Management Inc. increased its position in shares of Transportadora de Gas del Sur by 4.9% during the fourth quarter. Ping Capital Management Inc. now owns 38,800 shares of the energy company’s stock worth $1,136,000 after acquiring an additional 1,800 shares during the period. Jane Street Group LLC acquired a new stake in shares of Transportadora de Gas del Sur in the third quarter valued at $481,000. XTX Topco Ltd purchased a new position in Transportadora de Gas del Sur in the third quarter valued at $349,000. Finally, Centiva Capital LP acquired a new position in Transportadora de Gas del Sur during the 3rd quarter worth $251,000. Institutional investors and hedge funds own 3.29% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. StockNews.com raised Transportadora de Gas del Sur from a “buy” rating to a “strong-buy” rating in a research report on Wednesday. Citigroup began coverage on shares of Transportadora de Gas del Sur in a report on Wednesday, February 12th. They issued a “buy” rating and a $35.00 target price on the stock.

Transportadora de Gas del Sur Stock Performance

Shares of TGS stock opened at $27.23 on Thursday. The company has a market cap of $4.10 billion, a P/E ratio of 25.21 and a beta of 0.78. The firm has a fifty day moving average price of $29.04 and a 200 day moving average price of $24.59. The company has a current ratio of 2.67, a quick ratio of 2.64 and a debt-to-equity ratio of 0.24. 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 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.