Claro Advisors LLC Boosts Stock Position in Pampa Energía S.A. (NYSE:PAM)

Claro Advisors LLC grew its stake in Pampa Energía S.A. (NYSE:PAM) by 6.0% in the first quarter, Holdings Channel.com reports. The firm owned 5,075 shares of the utilities provider’s stock after acquiring an additional 286 shares during the quarter. Claro Advisors LLC’s holdings in Pampa Energía were worth $219,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in PAM. Quadrature Capital Ltd lifted its holdings in Pampa Energía by 219.6% in the third quarter. Quadrature Capital Ltd now owns 56,662 shares of the utilities provider’s stock valued at $2,114,000 after acquiring an additional 38,934 shares during the last quarter. Dfpg Investments LLC lifted its holdings in Pampa Energía by 5.7% in the fourth quarter. Dfpg Investments LLC now owns 14,194 shares of the utilities provider’s stock valued at $688,000 after acquiring an additional 767 shares during the last quarter. Marshall Financial Group LLC lifted its holdings in Pampa Energía by 4.6% in the fourth quarter. Marshall Financial Group LLC now owns 20,866 shares of the utilities provider’s stock valued at $1,033,000 after acquiring an additional 925 shares during the last quarter. Whittier Trust Co. lifted its holdings in Pampa Energía by 13.4% in the fourth quarter. Whittier Trust Co. now owns 17,670 shares of the utilities provider’s stock valued at $875,000 after acquiring an additional 2,087 shares during the last quarter. Finally, FNY Investment Advisers LLC acquired a new position in Pampa Energía in the fourth quarter valued at approximately $99,000. 12.77% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently commented on PAM shares. HSBC upgraded Pampa Energía from a “reduce” rating to a “hold” rating and set a $46.00 price objective on the stock in a report on Tuesday, May 21st. JPMorgan Chase & Co. upped their price target on Pampa Energía from $46.50 to $47.50 and gave the stock a “neutral” rating in a research note on Tuesday, May 28th. StockNews.com cut Pampa Energía from a “buy” rating to a “hold” rating in a research note on Thursday, May 30th. Finally, Citigroup decreased their price target on Pampa Energía from $55.00 to $51.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 17th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, Pampa Energía presently has an average rating of “Hold” and an average target price of $48.17.

Pampa Energía Stock Down 3.5 %

NYSE:PAM opened at $42.69 on Tuesday. The company has a quick ratio of 2.26, a current ratio of 2.63 and a debt-to-equity ratio of 0.45. The stock’s fifty day moving average is $46.10 and its two-hundred day moving average is $45.49. Pampa Energía S.A. has a 52 week low of $32.91 and a 52 week high of $52.17. The stock has a market capitalization of $2.33 billion, a price-to-earnings ratio of 5.47 and a beta of 0.99.

Pampa Energía (NYSE:PAM) last announced its quarterly earnings data on Tuesday, May 7th. The utilities provider reported $4.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $3.52. The business had revenue of $401.00 million for the quarter, compared to analysts’ expectations of $419.61 million. Pampa Energía had a return on equity of 14.99% and a net margin of 25.16%. Research analysts anticipate that Pampa Energía S.A. will post 7.91 EPS for the current year.

About Pampa Energía

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.