Prospera Financial Services Inc Purchases 26,936 Shares of YPF Sociedad Anónima (NYSE:YPF)

Prospera Financial Services Inc boosted its position in YPF Sociedad Anónima (NYSE:YPF) by 60.8% during the third quarter, HoldingsChannel reports. The fund owned 71,251 shares of the oil and gas exploration company’s stock after buying an additional 26,936 shares during the quarter. Prospera Financial Services Inc’s holdings in YPF Sociedad Anónima were worth $1,511,000 as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in the business. Ping Capital Management Inc. purchased a new position in shares of YPF Sociedad Anónima in the 2nd quarter worth about $51,676,000. Encompass Capital Advisors LLC increased its position in YPF Sociedad Anónima by 16.9% during the 2nd quarter. Encompass Capital Advisors LLC now owns 1,168,919 shares of the oil and gas exploration company’s stock valued at $23,519,000 after buying an additional 168,919 shares in the last quarter. Marshall Wace LLP raised its holdings in YPF Sociedad Anónima by 6,194.9% in the second quarter. Marshall Wace LLP now owns 947,260 shares of the oil and gas exploration company’s stock worth $19,059,000 after buying an additional 932,212 shares during the last quarter. Discovery Capital Management LLC CT lifted its holdings in shares of YPF Sociedad Anónima by 6.9% during the second quarter. Discovery Capital Management LLC CT now owns 745,379 shares of the oil and gas exploration company’s stock valued at $14,997,000 after purchasing an additional 48,000 shares in the last quarter. Finally, Duquesne Family Office LLC purchased a new stake in shares of YPF Sociedad Anónima during the 2nd quarter valued at about $12,845,000. 10.08% of the stock is owned by hedge funds and other institutional investors.

YPF Sociedad Anónima Stock Up 0.6 %

NYSE YPF opened at $37.37 on Friday. The company has a current ratio of 0.88, a quick ratio of 0.68 and a debt-to-equity ratio of 0.59. YPF Sociedad Anónima has a 12 month low of $14.21 and a 12 month high of $38.45. The stock’s 50 day moving average is $25.65 and its 200 day moving average is $22.84. The stock has a market cap of $14.70 billion, a PE ratio of 18.74, a P/E/G ratio of 0.12 and a beta of 1.78.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on YPF shares. Jefferies Financial Group raised shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and raised their price objective for the stock from $23.50 to $30.00 in a report on Friday, August 30th. Bank of America upped their price objective on YPF Sociedad Anónima from $28.00 to $29.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 18th. JPMorgan Chase & Co. lifted their target price on YPF Sociedad Anónima from $24.00 to $25.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. StockNews.com cut YPF Sociedad Anónima from a “buy” rating to a “hold” rating in a research report on Monday. Finally, Citigroup upgraded YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $24.00 to $33.00 in a research note on Friday, November 1st. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $27.37.

YPF Sociedad Anónima Profile

YPF Sociedad Anónima, an energy company, engages in the oil and gas upstream and downstream activities in Argentina. Its upstream operations include the exploration, exploitation, and production of crude oil, and natural gas. The company’s downstream operations include petrochemical production and crude oil refining; transportation and distribution refined and petrochemical products; commercialization of crude oil, petrochemical products, and specialties.