Transportadora De Gas Sa Ord B (NYSE:TGS) was upgraded by research analysts at BidaskClub from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.

Transportadora De Gas Sa Ord B (TGS) traded down 1.12% during trading on Tuesday, hitting $15.93. The stock had a trading volume of 138,445 shares. Transportadora De Gas Sa Ord B has a 12 month low of $5.85 and a 12 month high of $17.94. The firm has a 50 day moving average of $15.92 and a 200-day moving average of $14.23. The stock has a market cap of $2.53 billion, a price-to-earnings ratio of 26.33 and a beta of 1.11.

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Large investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. raised its stake in shares of Transportadora De Gas Sa Ord B by 17.7% in the first quarter. Goldman Sachs Group Inc. now owns 1,479,601 shares of the energy company’s stock worth $21,040,000 after buying an additional 222,645 shares during the period. Lazard Asset Management LLC bought a new stake in shares of Transportadora De Gas Sa Ord B during the first quarter worth $15,269,000. Newfoundland Capital Management raised its stake in shares of Transportadora De Gas Sa Ord B by 87.0% in the first quarter. Newfoundland Capital Management now owns 574,497 shares of the energy company’s stock worth $8,211,000 after buying an additional 267,354 shares during the period. Global X Management Co. LLC raised its stake in shares of Transportadora De Gas Sa Ord B by 19.2% in the second quarter. Global X Management Co. LLC now owns 423,141 shares of the energy company’s stock worth $7,028,000 after buying an additional 68,160 shares during the period. Finally, William Blair Investment Management LLC bought a new stake in shares of Transportadora De Gas Sa Ord B during the second quarter worth $5,126,000. 8.00% of the stock is currently owned by hedge funds and other institutional investors.

About Transportadora De Gas Sa Ord B

Transportadora de Gas del Sur SA is engaged in the transportation of natural gas and production and commercialization of natural gas liquids (Liquids). The Company operates through four segments: Natural Gas Transportation Services, Liquids Production and Commercialization, Other Services and Telecommunications.

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