Channing Global Advisors LLC Sells 18,150 Shares of Transportadora de Gas del Sur S.A. (NYSE:TGS)

Channing Global Advisors LLC decreased its holdings in Transportadora de Gas del Sur S.A. (NYSE:TGS) by 40.9% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 26,231 shares of the energy company’s stock after selling 18,150 shares during the quarter. Channing Global Advisors LLC’s holdings in Transportadora de Gas del Sur were worth $481,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Blue Trust Inc. increased its holdings in shares of Transportadora de Gas del Sur by 97.2% during the 3rd quarter. Blue Trust Inc. now owns 4,240 shares of the energy company’s stock worth $80,000 after acquiring an additional 2,090 shares during the last quarter. GAMMA Investing LLC boosted its position in Transportadora de Gas del Sur by 101.4% during the third quarter. GAMMA Investing LLC now owns 1,440 shares of the energy company’s stock worth $26,000 after purchasing an additional 725 shares during the period. SPX Gestao de Recursos Ltda increased its holdings in shares of Transportadora de Gas del Sur by 60.0% in the second quarter. SPX Gestao de Recursos Ltda now owns 185,512 shares of the energy company’s stock valued at $3,521,000 after purchasing an additional 69,556 shares during the last quarter. Mackenzie Financial Corp raised its position in shares of Transportadora de Gas del Sur by 76.1% in the second quarter. Mackenzie Financial Corp now owns 25,000 shares of the energy company’s stock valued at $474,000 after purchasing an additional 10,800 shares during the period. Finally, Turim 21 Investimentos Ltda. acquired a new stake in shares of Transportadora de Gas del Sur during the 2nd quarter worth about $514,000. 3.29% of the stock is owned by institutional investors and hedge funds.

Transportadora de Gas del Sur Trading Up 0.6 %

Shares of NYSE TGS opened at $29.19 on Friday. The business’s 50 day moving average is $22.89 and its 200-day moving average is $20.12. The company has a current ratio of 2.67, a quick ratio of 2.64 and a debt-to-equity ratio of 0.24. Transportadora de Gas del Sur S.A. has a 1-year low of $11.81 and a 1-year high of $30.88.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Transportadora de Gas del Sur from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, November 6th.

About Transportadora de Gas del Sur

Transportadora de Gas del Sur SA engages in transportation of natural gas, and production and commercialization of natural gas liquids in Argentina and internationally. The company operates through four segments: Natural Gas Transportation Services; Liquids Production and Commercialization; Midstream; and Telecommunications.