Quadrature Capital Ltd Acquires 38,123 Shares of Transportadora de Gas del Sur S.A. (NYSE:TGS)

Quadrature Capital Ltd boosted its position in Transportadora de Gas del Sur S.A. (NYSE:TGS) by 101.9% in the 1st quarter, HoldingsChannel.com reports. The firm owned 75,531 shares of the energy company’s stock after buying an additional 38,123 shares during the period. Quadrature Capital Ltd’s holdings in Transportadora de Gas del Sur were worth $1,141,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Blue Trust Inc. bought a new stake in Transportadora de Gas del Sur in the 4th quarter valued at $41,000. Tower Research Capital LLC TRC bought a new stake in shares of Transportadora de Gas del Sur during the 4th quarter valued at $53,000. BNP Paribas Financial Markets bought a new stake in shares of Transportadora de Gas del Sur during the 1st quarter valued at $62,000. OLD National Bancorp IN bought a new stake in shares of Transportadora de Gas del Sur during the 4th quarter valued at $172,000. Finally, Mackenzie Financial Corp bought a new stake in shares of Transportadora de Gas del Sur during the 4th quarter valued at $226,000. 3.29% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Transportadora de Gas del Sur from a “buy” rating to a “strong-buy” rating in a report on Thursday, May 16th.

Transportadora de Gas del Sur Price Performance

TGS traded up $0.10 on Friday, reaching $17.44. The stock had a trading volume of 46,825 shares, compared to its average volume of 119,067. Transportadora de Gas del Sur S.A. has a fifty-two week low of $9.50 and a fifty-two week high of $20.59. The firm has a 50-day moving average of $18.26 and a 200-day moving average of $16.29. The company has a current ratio of 3.01, a quick ratio of 2.97 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $2.63 billion, a price-to-earnings ratio of 32.91 and a beta of 0.82.

Transportadora de Gas del Sur (NYSE:TGS) last issued its quarterly earnings results on Monday, May 6th. The energy company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.14. The company had revenue of $229.02 million during the quarter, compared to analysts’ expectations of $209.71 million. Transportadora de Gas del Sur had a return on equity of 3.65% and a net margin of 8.10%. As a group, sell-side analysts anticipate that Transportadora de Gas del Sur S.A. will post 0.86 EPS for the current year.

Transportadora de Gas del Sur 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.