Quantbot Technologies LP Increases Holdings in Pampa Energía S.A. (NYSE:PAM)

Quantbot Technologies LP increased its position in shares of Pampa Energía S.A. (NYSE:PAMFree Report) by 177.5% during the 3rd quarter, Holdings Channel reports. The firm owned 3,386 shares of the utilities provider’s stock after acquiring an additional 2,166 shares during the period. Quantbot Technologies LP’s holdings in Pampa Energía were worth $127,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Csenge Advisory Group raised its holdings in Pampa Energía by 4.0% during the third quarter. Csenge Advisory Group now owns 21,004 shares of the utilities provider’s stock valued at $785,000 after acquiring an additional 814 shares during the period. Helikon Investments Ltd grew its position in shares of Pampa Energía by 44.7% during the third quarter. Helikon Investments Ltd now owns 471,566 shares of the utilities provider’s stock worth $17,618,000 after purchasing an additional 145,702 shares in the last quarter. Whittier Trust Co. raised its stake in Pampa Energía by 9.8% during the 3rd quarter. Whittier Trust Co. now owns 15,583 shares of the utilities provider’s stock valued at $582,000 after purchasing an additional 1,392 shares during the period. Yorktown Management & Research Co Inc purchased a new position in Pampa Energía in the 3rd quarter worth approximately $269,000. Finally, QP Wealth Management LLC lifted its holdings in Pampa Energía by 10.6% in the 3rd quarter. QP Wealth Management LLC now owns 5,725 shares of the utilities provider’s stock worth $214,000 after purchasing an additional 550 shares in the last quarter. Institutional investors own 12.86% of the company’s stock.

Pampa Energía Stock Performance

NYSE PAM opened at $43.36 on Tuesday. The stock has a market capitalization of $2.36 billion, a PE ratio of 4.16, a P/E/G ratio of 0.48 and a beta of 0.98. Pampa Energía S.A. has a 1-year low of $26.86 and a 1-year high of $52.17. The business has a 50 day simple moving average of $48.02 and a two-hundred day simple moving average of $43.64. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.21 and a quick ratio of 1.92.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on PAM shares. StockNews.com cut shares of Pampa Energía from a “buy” rating to a “hold” rating in a research report on Friday, January 12th. JPMorgan Chase & Co. upgraded shares of Pampa Energía from an “underweight” rating to a “neutral” rating and lifted their price target for the company from $33.00 to $43.00 in a report on Monday, December 4th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $36.50.

Check Out Our Latest Stock Report on Pampa Energía

Pampa Energía Company Profile

(Free Report)

Pampa Energía SA operates as an independent energy integrated company in Argentina. The company operates through Electricity Generation, Oil and Gas, Petrochemicals, and Holding and Other Business segments. It generates electricity through thermal generation plants, thermal gas-fired thermal generation plants, and hydroelectric power generation systems, as well as through a wind farm.

See Also

Want to see what other hedge funds are holding PAM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pampa Energía S.A. (NYSE:PAMFree Report).

Institutional Ownership by Quarter for Pampa Energía (NYSE:PAM)

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