EverSource Wealth Advisors LLC Has $472,000 Holdings in Pampa Energía S.A. (NYSE:PAM)

EverSource Wealth Advisors LLC increased its stake in Pampa Energía S.A. (NYSE:PAM) by 306.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,369 shares of the utilities provider’s stock after buying an additional 4,047 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Pampa Energía were worth $472,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Advisors Preferred LLC acquired a new stake in shares of Pampa Energía in the 4th quarter valued at approximately $26,000. Mirae Asset Global Investments Co. Ltd. bought a new position in Pampa Energía during the fourth quarter worth $49,000. Blue Trust Inc. boosted its position in Pampa Energía by 62.7% during the fourth quarter. Blue Trust Inc. now owns 672 shares of the utilities provider’s stock worth $59,000 after purchasing an additional 259 shares during the period. QRG Capital Management Inc. bought a new position in Pampa Energía during the fourth quarter worth $210,000. Finally, GAMMA Investing LLC boosted its position in Pampa Energía by 75.9% during the fourth quarter. GAMMA Investing LLC now owns 2,464 shares of the utilities provider’s stock worth $217,000 after purchasing an additional 1,063 shares during the period. Institutional investors and hedge funds own 12.77% of the company’s stock.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. lifted their price objective on shares of Pampa Energía from $59.00 to $93.50 and gave the stock a “neutral” rating in a research report on Friday, January 10th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $71.63.

Pampa Energía Trading Up 4.6 %

PAM stock opened at $82.31 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.41 and a quick ratio of 2.13. The company has a fifty day moving average price of $83.62 and a two-hundred day moving average price of $75.62. Pampa Energía S.A. has a one year low of $38.45 and a one year high of $97.55. The stock has a market cap of $4.49 billion, a price-to-earnings ratio of 12.66 and a beta of 0.92.

Pampa Energía (NYSE:PAM) last announced its earnings results on Wednesday, March 5th. The utilities provider reported $1.90 earnings per share (EPS) for the quarter. The company had revenue of $435.00 million during the quarter, compared to analysts’ expectations of $454.61 million. Pampa Energía had a net margin of 19.86% and a return on equity of 12.15%. Equities analysts anticipate that Pampa Energía S.A. will post 9.33 EPS for the current year.

Pampa Energía Company 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.