Pampa Energia S.A. (NYSE:PAM) Given Consensus Rating of “Hold” by Analysts

Shares of Pampa Energia S.A. (NYSE:PAM) have received a consensus rating of “Hold” from the five brokerages that are currently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $103.8333.

PAM has been the subject of several recent analyst reports. HSBC upgraded Pampa Energia from a “hold” rating to a “buy” rating and increased their price target for the stock from $88.00 to $97.00 in a report on Thursday, March 12th. Wall Street Zen upgraded Pampa Energia from a “hold” rating to a “strong-buy” rating in a report on Saturday, March 14th. Zacks Research downgraded Pampa Energia from a “strong-buy” rating to a “hold” rating in a report on Thursday. Finally, JPMorgan Chase & Co. increased their price target on Pampa Energia from $97.50 to $101.50 and gave the stock a “neutral” rating in a report on Monday.

Insider Activity

In other news, VP Damian Miguel Mindlin sold 500,000 shares of the company’s stock in a transaction dated Tuesday, March 31st. The stock was sold at an average price of $3.57, for a total transaction of $1,785,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Marcos Marcelo Mindlin sold 1,800,000 shares of the company’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $3.48, for a total value of $6,264,000.00. Following the transaction, the director directly owned 24,971,973 shares of the company’s stock, valued at $86,902,466.04. This represents a 6.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 9,311,977 shares of company stock valued at $32,265,316 over the last ninety days. 55.52% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Raymond James Financial Inc. acquired a new position in Pampa Energia during the second quarter valued at approximately $37,000. NFJ Investment Group LLC acquired a new position in Pampa Energia during the fourth quarter valued at approximately $104,000. Van ECK Associates Corp acquired a new position in Pampa Energia during the third quarter valued at approximately $139,000. Quantbot Technologies LP acquired a new position in Pampa Energia during the third quarter valued at approximately $187,000. Finally, Arete Wealth Advisors LLC acquired a new position in Pampa Energia during the fourth quarter valued at approximately $212,000. 12.77% of the stock is owned by institutional investors and hedge funds.

Pampa Energia Trading Up 3.0%

NYSE PAM traded up $2.58 on Monday, reaching $87.83. The company had a trading volume of 327,021 shares, compared to its average volume of 241,735. The stock’s 50 day moving average is $83.51 and its 200-day moving average is $84.52. The stock has a market cap of $4.78 billion, a price-to-earnings ratio of 10.95, a PEG ratio of 3.39 and a beta of 0.96. The company has a quick ratio of 1.78, a current ratio of 2.04 and a debt-to-equity ratio of 0.49. Pampa Energia has a 52 week low of $54.95 and a 52 week high of $94.50.

Pampa Energia (NYSE:PAM) last released its quarterly earnings data on Tuesday, March 31st. The utilities provider reported $4.00 EPS for the quarter. Pampa Energia had a return on equity of 12.23% and a net margin of 20.31%.The business had revenue of $573.00 million during the quarter. Equities analysts predict that Pampa Energia will post 8.62 earnings per share for the current year.

Pampa Energia Company Profile

Pampa Energía SA is Argentina’s largest independent energy company, with integrated operations spanning electricity generation, transmission, distribution and oil and gas activities. The company holds a diversified portfolio of thermal and hydroelectric power plants, along with growing investments in renewable energy projects, serving both domestic and regional markets.

In its electricity business, Pampa Energía develops and operates plants that supply energy to Argentina’s power grid.