YPF Sociedad Anónima (NYSE:YPF) Downgraded to “Hold” Rating by StockNews.com

StockNews.com cut shares of YPF Sociedad Anónima (NYSE:YPF) from a buy rating to a hold rating in a research note published on Monday.

A number of other research firms also recently issued reports on YPF. Bank of America boosted their price target on YPF Sociedad Anónima from $28.00 to $29.00 and gave the company a “neutral” rating in a research note on Wednesday, September 18th. The Goldman Sachs Group upped their target price on shares of YPF Sociedad Anónima from $22.90 to $25.60 and gave the company a “neutral” rating in a report on Thursday, July 25th. JPMorgan Chase & Co. increased their price target on shares of YPF Sociedad Anónima from $24.00 to $25.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. Jefferies Financial Group raised shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and boosted their price objective for the company from $23.50 to $30.00 in a research report on Friday, August 30th. Finally, Citigroup raised YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and raised their target price for the stock from $24.00 to $33.00 in a report on Friday, November 1st. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $27.37.

YPF Sociedad Anónima Price Performance

Shares of YPF opened at $37.37 on Monday. The firm has a fifty day simple moving average of $25.65 and a two-hundred day simple moving average of $22.84. The firm 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. 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 1-year low of $14.21 and a 1-year high of $38.45.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Banco Santander S.A. purchased a new position in shares of YPF Sociedad Anónima in the second quarter valued at about $270,000. Squarepoint Ops LLC purchased a new position in YPF Sociedad Anónima in the 2nd quarter worth approximately $6,890,000. Marshall Wace LLP lifted its holdings in YPF Sociedad Anónima by 6,194.9% in the 2nd quarter. Marshall Wace LLP now owns 947,260 shares of the oil and gas exploration company’s stock worth $19,059,000 after purchasing an additional 932,212 shares in the last quarter. Assenagon Asset Management S.A. grew its holdings in YPF Sociedad Anónima by 1,685.6% during the 3rd quarter. Assenagon Asset Management S.A. now owns 312,293 shares of the oil and gas exploration company’s stock valued at $6,624,000 after buying an additional 294,803 shares in the last quarter. Finally, Discovery Capital Management LLC CT raised its position 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 buying an additional 48,000 shares during the last quarter. Institutional investors own 10.08% of the company’s stock.

About YPF Sociedad Anónima

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.