Glenorchy Capital Ltd Makes New $2.13 Million Investment in Pampa Energía S.A. (NYSE:PAM)

Glenorchy Capital Ltd purchased a new position in shares of Pampa Energía S.A. (NYSE:PAM) in the fourth quarter, Holdings Channel.com reports. The firm purchased 42,914 shares of the utilities provider’s stock, valued at approximately $2,125,000. Pampa Energía accounts for approximately 0.8% of Glenorchy Capital Ltd’s holdings, making the stock its 19th largest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Quadrature Capital Ltd raised its stake in shares of Pampa Energía by 219.6% during the 3rd quarter. Quadrature Capital Ltd now owns 56,662 shares of the utilities provider’s stock worth $2,114,000 after purchasing an additional 38,934 shares in the last quarter. Helikon Investments Ltd raised its stake in shares of Pampa Energía by 44.7% in the 3rd quarter. Helikon Investments Ltd now owns 471,566 shares of the utilities provider’s stock valued at $17,618,000 after acquiring an additional 145,702 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Pampa Energía by 62.2% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 143,890 shares of the utilities provider’s stock valued at $7,125,000 after acquiring an additional 55,187 shares in the last quarter. Dfpg Investments LLC raised its stake in shares of Pampa Energía by 5.7% in the 4th 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 in the last quarter. Finally, Claro Advisors LLC bought a new position in shares of Pampa Energía in the 4th quarter valued at approximately $237,000. 12.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Citigroup cut their price objective 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. StockNews.com downgraded Pampa Energía from a “buy” rating to a “hold” rating in a research note on Monday, April 8th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $41.33.

Pampa Energía Stock Performance

PAM traded down $1.15 during midday trading on Tuesday, reaching $45.10. The company’s stock had a trading volume of 327,069 shares, compared to its average volume of 260,097. The stock has a market cap of $2.46 billion, a P/E ratio of 8.24, a PEG ratio of 0.42 and a beta of 0.95. The company has a fifty day simple moving average of $42.72 and a 200 day simple moving average of $43.87. The company has a current ratio of 2.56, a quick ratio of 2.16 and a debt-to-equity ratio of 0.51. Pampa Energía S.A. has a twelve month low of $32.10 and a twelve month high of $52.17.

Pampa Energía (NYSE:PAM) last released its earnings results on Wednesday, March 6th. The utilities provider reported ($2.90) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.44) by ($1.46). The business had revenue of $362.00 million during the quarter, compared to analyst estimates of $395.56 million. Pampa Energía had a net margin of 17.45% and a return on equity of 10.84%. Research analysts expect that Pampa Energía S.A. will post 7.02 earnings per share for the current year.

Pampa Energía Profile

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.