Outlook Wealth Advisors LLC Increases Stake in Pampa Energía S.A. (NYSE:PAM)

Outlook Wealth Advisors LLC lifted its stake in shares of Pampa Energía S.A. (NYSE:PAM) by 25.8% during the first quarter, Holdings Channel reports. The fund owned 6,482 shares of the utilities provider’s stock after acquiring an additional 1,328 shares during the period. Outlook Wealth Advisors LLC’s holdings in Pampa Energía were worth $280,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Quadrature Capital Ltd increased its stake in shares of Pampa Energía by 219.6% during the third quarter. Quadrature Capital Ltd now owns 56,662 shares of the utilities provider’s stock worth $2,114,000 after buying an additional 38,934 shares during the period. Helikon Investments Ltd grew its stake 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. Mirae Asset Global Investments Co. Ltd. raised its stake in Pampa Energía by 62.2% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 143,890 shares of the utilities provider’s stock valued at $7,125,000 after buying an additional 55,187 shares in the last quarter. Dfpg Investments LLC boosted its position in shares of Pampa Energía by 5.7% during the 4th quarter. Dfpg Investments LLC now owns 14,194 shares of the utilities provider’s stock worth $688,000 after acquiring an additional 767 shares in the last quarter. Finally, Claro Advisors LLC purchased a new position in shares of Pampa Energía in the 4th quarter valued at about $237,000. 12.77% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on PAM shares. Citigroup decreased their target price on Pampa Energía from $55.00 to $51.00 and set a “neutral” rating for the company in a research note on Wednesday, April 17th. StockNews.com cut shares of Pampa Energía from a “buy” rating to a “hold” rating in a report on Monday, April 8th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $41.33.

Pampa Energía Stock Performance

Shares of Pampa Energía stock traded up $0.18 on Friday, hitting $44.04. The stock had a trading volume of 175,066 shares, compared to its average volume of 380,646. The stock has a market cap of $2.40 billion, a price-to-earnings ratio of 8.05, a P/E/G ratio of 0.43 and a beta of 0.95. 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 52-week low of $32.10 and a 52-week high of $52.17. The company’s 50 day moving average price is $42.79 and its 200 day moving average price is $43.96.

Pampa Energía (NYSE:PAM) last released its quarterly earnings results on Wednesday, March 6th. The utilities provider reported ($2.90) EPS for the quarter, missing the consensus estimate of ($1.44) by ($1.46). The firm had revenue of $362.00 million for the quarter, compared to analyst estimates of $395.56 million. Pampa Energía had a return on equity of 10.84% and a net margin of 17.45%. On average, research analysts anticipate that Pampa Energía S.A. will post 7.02 EPS 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.