YPF Sociedad Anónima (NYSE:YPF) Downgraded by Citigroup to “Neutral”

Citigroup downgraded shares of YPF Sociedad Anónima (NYSE:YPF) from a buy rating to a neutral rating in a research note issued to investors on Wednesday, MarketBeat Ratings reports. Citigroup currently has $44.00 price objective on the oil and gas exploration company’s stock, up from their previous price objective of $33.00.

A number of other brokerages have also recently issued reports on YPF. Jefferies Financial Group upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and increased their target price for the stock from $23.50 to $30.00 in a research report on Friday, August 30th. JPMorgan Chase & Co. raised their price objective on shares of YPF Sociedad Anónima from $24.00 to $25.00 and gave the stock a “neutral” rating in a report on Wednesday, October 30th. StockNews.com raised YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a report on Tuesday. Finally, Bank of America raised their price target on YPF Sociedad Anónima from $28.00 to $29.00 and gave the company a “neutral” rating in a report on Wednesday, September 18th. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $28.94.

YPF Sociedad Anónima Stock Performance

YPF Sociedad Anónima stock opened at $40.25 on Wednesday. The firm has a market capitalization of $15.83 billion, a P/E ratio of 20.06, a P/E/G ratio of 0.14 and a beta of 1.78. The stock has a fifty day moving average price of $27.53 and a two-hundred day moving average price of $23.49. YPF Sociedad Anónima has a 52-week low of $14.53 and a 52-week high of $42.30. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.88 and a quick ratio of 0.68.

Institutional Investors Weigh In On YPF Sociedad Anónima

A number of institutional investors and hedge funds have recently made changes to their positions in YPF. Banco Santander S.A. bought a new stake in shares of YPF Sociedad Anónima during the second quarter worth approximately $270,000. Prospera Financial Services Inc grew its holdings in YPF Sociedad Anónima by 60.8% during the 3rd quarter. Prospera Financial Services Inc now owns 71,251 shares of the oil and gas exploration company’s stock worth $1,511,000 after acquiring an additional 26,936 shares during the period. Squarepoint Ops LLC bought a new stake in shares of YPF Sociedad Anónima during the 2nd quarter valued at $6,890,000. Marshall Wace LLP lifted its stake in shares of 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 valued at $19,059,000 after purchasing an additional 932,212 shares during the period. Finally, Mirabella Financial Services LLP boosted its position in shares of YPF Sociedad Anónima by 59.7% in the 3rd quarter. Mirabella Financial Services LLP now owns 128,483 shares of the oil and gas exploration company’s stock worth $2,725,000 after purchasing an additional 48,025 shares during the last quarter. Institutional investors own 10.08% of the company’s stock.

YPF Sociedad Anónima Company 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.