WINTON GROUP Ltd Takes $608,000 Position in Pampa Energia S.A. $PAM

WINTON GROUP Ltd purchased a new position in Pampa Energia S.A. (NYSE:PAM) during the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 7,400 shares of the utilities provider’s stock, valued at approximately $608,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. NFJ Investment Group LLC bought a new stake in Pampa Energia in the fourth quarter valued at about $104,000. DGS Capital Management LLC bought a new position in Pampa Energia during the fourth quarter worth about $234,000. Modern Wealth Management LLC bought a new position in Pampa Energia during the first quarter worth about $371,000. Connective Portfolio Management LLC acquired a new position in shares of Pampa Energia during the 1st quarter worth about $620,000. Finally, Guardian Partners Inc. acquired a new position in shares of Pampa Energia during the 1st quarter worth about $620,000. Institutional investors own 12.77% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on PAM. JPMorgan Chase & Co. upped their price target on Pampa Energia from $101.50 to $105.00 and gave the company a “neutral” rating in a research note on Tuesday, September 1st. Zacks Research cut shares of Pampa Energia from a “strong-buy” rating to a “hold” rating in a report on Monday, July 27th. Wall Street Zen downgraded shares of Pampa Energia from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 23rd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Pampa Energia in a report on Wednesday, September 9th. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $105.00.

Insider Activity

In related news, Director Marcos Mindlin sold 1,502,000 shares of the stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $3.41, for a total transaction of $5,121,820.00. Following the completion of the sale, the director directly owned 21,555,667 shares of the company’s stock, valued at approximately $73,504,824.47. This represents a 6.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last three months, insiders purchased 3,360,619 shares of company stock valued at $11,311,974. 55.52% of the stock is currently owned by insiders.

Pampa Energia Stock Up 0.2%

NYSE:PAM opened at $86.85 on Wednesday. Pampa Energia S.A. has a 1 year low of $54.95 and a 1 year high of $94.50. The company has a current ratio of 3.64, a quick ratio of 3.23 and a debt-to-equity ratio of 0.64. The stock has a market cap of $4.67 billion, a price-to-earnings ratio of 8.25, a PEG ratio of 0.29 and a beta of 0.93. The stock has a 50-day moving average price of $83.57 and a two-hundred day moving average price of $83.22.

Pampa Energia (NYSE:PAM) last released its quarterly earnings results on Tuesday, June 30th. The utilities provider reported $2.50 EPS for the quarter. The company had revenue of $746.00 million for the quarter. Pampa Energia had a return on equity of 15.33% and a net margin of 23.58%. As a group, equities analysts expect that Pampa Energia S.A. will post 10.66 earnings per share for the current year.

Pampa Energia Profile

Pampa Energía SA is an integrated energy company headquartered in Buenos Aires, Argentina. Through its subsidiaries and investments, the company operates across electricity generation, oil and gas exploration and production, and petrochemicals. Its activities primarily support Argentina’s domestic energy market.

Pampa generates electricity from a diversified portfolio of thermal, hydroelectric, and renewable power facilities located in several regions of the country. The company also explores for and produces oil and natural gas, including from Argentina’s Vaca Muerta shale formation, and participates in the production of nitrogen-based fertilizers through its investment in Profertil.

Founded in 2005, Pampa expanded its position in Argentina’s energy industry through acquisitions and the development of new generation and hydrocarbon projects.