Ashmore Group Plc Holding in Pampa Energia S A (PAM) Has Lowered as Shares Rose

February 15, 2018 - By Marguerite Chambers

Ashmore Group Plc decreased its stake in Pampa Energia S A (PAM) by 27.75% based on its latest 2017Q3 regulatory filing with the SEC. Ashmore Group Plc sold 68,817 shares as the company’s stock rose 26.59% with the market. The institutional investor held 179,138 shares of the central company at the end of 2017Q3, valued at $11.66M, down from 247,955 at the end of the previous reported quarter. Ashmore Group Plc who had been investing in Pampa Energia S A for a number of months, seems to be less bullish one the $5.19B market cap company. The stock increased 2.52% or $1.54 during the last trading session, reaching $62.59. About 493,649 shares traded or 86.43% up from the average. Pampa Energía S.A. (NYSE:PAM) has risen 176.38% since February 15, 2017 and is uptrending. It has outperformed by 159.68% the S&P500.

Analysts await Pampa Energía S.A. (NYSE:PAM) to report earnings on March, 13. They expect $0.31 EPS, down 63.95 % or $0.55 from last year’s $0.86 per share. PAM’s profit will be $25.68 million for 50.48 P/E if the $0.31 EPS becomes a reality. After $0.96 actual EPS reported by Pampa Energía S.A. for the previous quarter, Wall Street now forecasts -67.71 % negative EPS growth.

More important recent Pampa Energía S.A. (NYSE:PAM) news were published by: Marketwatch.com which released: “Pampa Energia SA ADR” on May 14, 2016, also Quotes.Wsj.com published article titled: “Pampa Energia SA ADR PAM (US: NYSE)”, Seekingalpha.com published: “Pampa Energia’s Attempt To Squeeze Petrobras Stub Holders Fails. 8.5% Merger …” on December 27, 2016. More interesting news about Pampa Energía S.A. (NYSE:PAM) was released by: Seekingalpha.com and their article: “Pampa Energia: New Argentinian ADR in Town” with publication date: October 12, 2009.

Pampa Energía S.A. (NYSE:PAM) Ratings Coverage

Among 2 analysts covering Pampa Energia SA (NYSE:PAM), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Pampa Energia SA had 2 analyst reports since October 8, 2015 according to SRatingsIntel. Santander initiated the shares of PAM in report on Thursday, October 8 with “Buy” rating.

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