Gramercy Funds Management Lowered Its Pampa Energia S A (PAM) Stake by $508,524 as Valuation Declined; As Petroleo Brasileiro Sa Petro (PBR) Share Price Rose, Shareholder Massachusetts Financial Services Company Has Lifted Its Stake

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Gramercy Funds Management Llc decreased its stake in Pampa Energia S A (PAM) by 18.31% based on its latest 2018Q4 regulatory filing with the SEC. Gramercy Funds Management Llc sold 16,404 shares as the company’s stock declined 9.87% while stock markets rallied. The hedge fund held 73,196 shares of the central company at the end of 2018Q4, valued at $2.33 million, down from 89,600 at the end of the previous reported quarter. Gramercy Funds Management Llc who had been investing in Pampa Energia S A for a number of months, seems to be less bullish one the $2.20B market cap company. The stock increased 2.63% or $0.79 during the last trading session, reaching $30.8. About 420,775 shares traded or 26.86% up from the average. Pampa Energía S.A. (NYSE:PAM) has declined 51.51% since March 17, 2018 and is downtrending. It has underperformed by 55.88% the S&P500. Some Historical PAM News: 13/03/2018 – PAMPA ENERGIA SA PAM.BA : MORGAN STANLEY RAISES TO OVERWEIGHT FROM EQUAL-WEIGHT; 11/05/2018 – PAMPA ENERGIA 1Q NET INCOME ARS3.01B; 13/03/2018 – REFILE-PAMPA ENERGIA SA PAM.N : MORGAN STANLEY RAISES TO OVERWEIGHT FROM EQUAL-WEIGHT (ADDS REUTERS INSTRUMENT CODE); 17/05/2018 – NUTRIEN UNIT AND PONCE’S PAMPA VOTED IN FAVOR OF SQM CHANGES; 11/05/2018 – Pampa Energia 1Q Rev ARS19.4B; 03/04/2018 – Argentina’s TGS to build Vaca Muerta gas pipeline, conditioning plant; 21/03/2018 – Pampa Energía announces General Ordinary and Extraordinary Shareholders’ meeting for April 27, 2018; 14/03/2018 – NTS Communications Brings Fiber Internet & Phone Services to Pampa, TX; 04/05/2018 – YPF, PAMPA, LOMA NEGRA CUT FROM ITAU BBA LATAM EQUITIES LIST; 12/03/2018 – PAMPA ENERGIA FY NET INCOME ARS4.61B

Massachusetts Financial Services Company increased its stake in Petroleo Brasileiro Sa Petro (PBR) by 122.45% based on its latest 2018Q4 regulatory filing with the SEC. Massachusetts Financial Services Company bought 1.36M shares as the company’s stock rose 8.35% with the market. The institutional investor held 2.48 million shares of the oil & gas production company at the end of 2018Q4, valued at $32.25 million, up from 1.11M at the end of the previous reported quarter. Massachusetts Financial Services Company who had been investing in Petroleo Brasileiro Sa Petro for a number of months, seems to be bullish on the $100.65 billion market cap company. The stock increased 2.09% or $0.34 during the last trading session, reaching $16.59. About 24.30M shares traded or 47.68% up from the average. Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) has risen 12.40% since March 17, 2018 and is uptrending. It has outperformed by 8.03% the S&P500. Some Historical PBR News: 06/03/2018 – BRAZIL’S MEIRELLES SAYS INFLATION LIKELY TO END YEAR BELOW OFFICIAL TARGET OF 4.5 PCT; 19/04/2018 – PETROBRAS TO RAISE DIESEL PRICE TO BRL1.9822 FROM BRL1.9752; 13/03/2018 – PETROBRAS TO CUT GASOLINE PRICE TO BRL1.5537 FROM BRL1.5608; 03/04/2018 – Brazil’s Petrobras offers rights in onshore, offshore fields; 10/04/2018 – PETROBRAS TO RAISE GASOLINE PRICE TO BRL1.6833 FROM BRL1.6444; 23/05/2018 – PETROBRAS TO CUT GASOLINE PRICE TO BRL2.0433 FROM BRL2.0867; 14/03/2018 – Brazil court rules Petrobras did not fix prices; 26/03/2018 – Petrobras hires $606 mln credit line from Banco do Brasil; 02/04/2018 – PETROBRAS TO CUT DIESEL PRICE TO BRL1.8835 FROM BRL1.8884; 05/04/2018 – Vallourec renews and reinforces its collaboration with Petrobras by signing new long-term agreements

More notable recent Pampa Energía S.A. (NYSE:PAM) news were published by: Seekingalpha.com which released: “Pampa Energia’s (PAM) Management on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” on November 13, 2018, also Cnbc.com with their article: “Today’s Bell Ringer, February 15, 2019 – CNBC” published on February 15, 2019, Globenewswire.com published: “Transocean Ltd. Reports Fourth Quarter, Full Year 2018 Results – GlobeNewswire” on February 18, 2019. More interesting news about Pampa Energía S.A. (NYSE:PAM) were released by: Seekingalpha.com and their article: “LTC Properties Inc. (LTC) CEO Wendy Simpson on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” published on March 01, 2019 as well as Investorplace.com‘s news article titled: “10 F-Rated Stocks That Could Break Your Portfolio – Investorplace.com” with publication date: February 01, 2019.

Gramercy Funds Management Llc, which manages about $3.11 billion and $525.02 million US Long portfolio, upped its stake in Tidewater Inc New by 52,232 shares to 186,576 shares, valued at $3.57M in 2018Q4, according to the filing. It also increased its holding in Cemex Sab De Cv (NYSE:CX) by 547,200 shares in the quarter, for a total of 1.99M shares, and has risen its stake in Technipfmc Plc.

Massachusetts Financial Services Company, which manages about $208.33B US Long portfolio, decreased its stake in British Amern Tob Plc (NYSEMKT:BTI) by 20,735 shares to 43,051 shares, valued at $1.37 million in 2018Q4, according to the filing. It also reduced its holding in Vail Resorts Inc (NYSE:MTN) by 29,608 shares in the quarter, leaving it with 166,058 shares, and cut its stake in Prudential Finl Inc (NYSE:PRU).

More notable recent Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) news were published by: Fool.com which released: “Why Companhia Energetica, Companhia de Saneamento Basico, and Petrobras Stocks All Popped Today – The Motley Fool” on October 02, 2018, also Benzinga.com with their article: “Wall Street Warming Up To Petrobras (NYSE:PBR) – Benzinga” published on October 08, 2018, Seekingalpha.com published: “BW Offshore wins Brazilian OK to buy oilfield from Petrobras, Chevron – Seeking Alpha” on March 06, 2019. More interesting news about Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) were released by: Seekingalpha.com and their article: “Brazil’s Most Valuable Company: Petrobras Is Back – Seeking Alpha” published on October 10, 2018 as well as Seekingalpha.com‘s news article titled: “Petrobras: Locking In Gains After The Bolsonaro Bounce – Seeking Alpha” with publication date: October 09, 2018.

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