Outlook Wealth Advisors LLC Grows Position in Pampa Energía S.A. (NYSE:PAM)

Outlook Wealth Advisors LLC increased its stake in shares of Pampa Energía S.A. (NYSE:PAM) by 25.8% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,482 shares of the utilities provider’s stock after acquiring an additional 1,328 shares during the quarter. Outlook Wealth Advisors LLC’s holdings in Pampa Energía were worth $280,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of PAM. Barclays PLC bought a new position in Pampa Energía during the second quarter valued at approximately $87,000. Yorktown Management & Research Co Inc purchased a new position in shares of Pampa Energía in the third quarter valued at $269,000. Whittier Trust Co. increased its position in Pampa Energía by 9.8% in the third quarter. Whittier Trust Co. now owns 15,583 shares of the utilities provider’s stock worth $582,000 after purchasing an additional 1,392 shares during the last quarter. Helikon Investments Ltd raised its stake in Pampa Energía by 44.7% during the third quarter. Helikon Investments Ltd now owns 471,566 shares of the utilities provider’s stock valued at $17,618,000 after purchasing an additional 145,702 shares in the last quarter. Finally, Csenge Advisory Group lifted its position 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 purchasing an additional 814 shares during the last quarter. 12.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on PAM shares. Citigroup reduced their target price on shares of Pampa Energía from $55.00 to $51.00 and set a “neutral” rating on the stock in a report on Wednesday, April 17th. StockNews.com cut Pampa Energía from a “buy” rating to a “hold” rating in a research note on Monday, April 8th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $41.33.

Pampa Energía Trading Up 0.4 %

Shares of Pampa Energía stock traded up $0.18 during trading on Friday, hitting $44.04. The stock had a trading volume of 175,066 shares, compared to its average volume of 380,646. Pampa Energía S.A. has a 12 month low of $32.10 and a 12 month high of $52.17. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.56 and a quick ratio of 2.16. The firm’s fifty day simple moving average is $42.79 and its 200-day simple moving average is $43.96. The stock has a market cap of $2.40 billion, a PE ratio of 8.05, a PEG ratio of 0.43 and a beta of 0.95.

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

About Pampa Energía

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.