TT International Asset Management LTD Has $34.85 Million Position in Transportadora de Gas del Sur S.A. (NYSE:TGS)

TT International Asset Management LTD lessened its stake in Transportadora de Gas del Sur S.A. (NYSE:TGS) by 6.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,190,573 shares of the energy company’s stock after selling 88,748 shares during the quarter. Transportadora de Gas del Sur comprises about 5.1% of TT International Asset Management LTD’s investment portfolio, making the stock its 7th largest holding. TT International Asset Management LTD’s holdings in Transportadora de Gas del Sur were worth $34,848,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. GAMMA Investing LLC increased its holdings in shares of Transportadora de Gas del Sur by 118.8% in the fourth quarter. GAMMA Investing LLC now owns 3,150 shares of the energy company’s stock worth $92,000 after acquiring an additional 1,710 shares in the last quarter. Virtu Financial LLC bought a new stake in shares of Transportadora de Gas del Sur in the third quarter worth about $190,000. XTX Topco Ltd bought a new stake in shares of Transportadora de Gas del Sur in the third quarter worth about $349,000. Jane Street Group LLC acquired a new position in shares of Transportadora de Gas del Sur during the third quarter worth about $481,000. Finally, Centiva Capital LP acquired a new position in shares of Transportadora de Gas del Sur during the third quarter worth about $251,000. Institutional investors own 3.29% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Transportadora de Gas del Sur from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 6th.

Transportadora de Gas del Sur Stock Performance

Shares of NYSE TGS opened at $31.81 on Monday. Transportadora de Gas del Sur S.A. has a 52 week low of $11.81 and a 52 week high of $34.37. The stock has a market capitalization of $4.79 billion, a PE ratio of 29.45 and a beta of 0.80. The stock has a 50 day moving average price of $28.63 and a 200 day moving average price of $22.58. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.64 and a current ratio of 2.67.

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.