Freestone Capital Holdings LLC Boosts Holdings in Transportadora de Gas del Sur SA ADR (TGS)

Freestone Capital Holdings LLC boosted its stake in Transportadora de Gas del Sur SA ADR (NYSE:TGS) by 28.8% in the third quarter, HoldingsChannel.com reports. The firm owned 270,093 shares of the energy company’s stock after buying an additional 60,318 shares during the period. Freestone Capital Holdings LLC’s holdings in Transportadora de Gas del Sur were worth $3,922,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Stevens Capital Management LP acquired a new position in shares of Transportadora de Gas del Sur during the second quarter valued at about $126,000. WINTON GROUP Ltd bought a new position in shares of Transportadora de Gas del Sur during the third quarter valued at about $273,000. Yorktown Management & Research Co Inc lifted its position in shares of Transportadora de Gas del Sur by 40.0% during the third quarter. Yorktown Management & Research Co Inc now owns 23,100 shares of the energy company’s stock valued at $335,000 after purchasing an additional 6,600 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in shares of Transportadora de Gas del Sur during the second quarter valued at about $335,000. Finally, Northern Trust Corp bought a new position in shares of Transportadora de Gas del Sur during the second quarter valued at about $410,000. Institutional investors and hedge funds own 8.64% of the company’s stock.

TGS opened at $15.06 on Monday. The company has a debt-to-equity ratio of 5.07, a quick ratio of 5.12 and a current ratio of 5.19. Transportadora de Gas del Sur SA ADR has a fifty-two week low of $10.72 and a fifty-two week high of $24.22. The stock has a market cap of $2.39 billion, a P/E ratio of 14.07 and a beta of 1.18.

A number of research firms recently weighed in on TGS. Zacks Investment Research lowered shares of Transportadora de Gas del Sur from a “buy” rating to a “hold” rating in a research report on Thursday, September 20th. ValuEngine raised shares of Transportadora de Gas del Sur from a “strong sell” rating to a “sell” rating in a research report on Tuesday, September 18th. TheStreet lowered shares of Transportadora de Gas del Sur from a “b” rating to a “c+” rating in a research report on Tuesday, August 28th. Finally, Santander raised shares of Transportadora de Gas del Sur from a “hold” rating to a “buy” rating in a research report on Wednesday, August 8th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $20.50.

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About Transportadora de Gas del Sur

Transportadora de Gas del Sur SA provides natural gas transportation and distribution services in Argentina. The company operates through four segments: Natural Gas Transportation, Liquids Production and Commercialization, Other Services, and Telecommunications. The Natural Gas Transportation segment transports natural gas through 5,706 miles of pipeline system to distribution companies, power plants, and industrial customers.

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Institutional Ownership by Quarter for Transportadora de Gas del Sur (NYSE:TGS)

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