Blue Trust Inc. lifted its holdings in shares of YPF Sociedad Anónima (NYSE:YPF – Free Report) by 58.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,091 shares of the oil and gas exploration company’s stock after purchasing an additional 771 shares during the quarter. Blue Trust Inc.’s holdings in YPF Sociedad Anónima were worth $42,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently modified their holdings of YPF. Transcendent Capital Group LLC purchased a new stake in YPF Sociedad Anónima in the first quarter worth approximately $28,000. Ashton Thomas Private Wealth LLC purchased a new stake in YPF Sociedad Anónima in the second quarter worth approximately $63,000. Headlands Technologies LLC purchased a new stake in YPF Sociedad Anónima in the first quarter worth approximately $113,000. SG Americas Securities LLC purchased a new stake in YPF Sociedad Anónima in the second quarter worth approximately $185,000. Finally, Dark Forest Capital Management LP purchased a new stake in YPF Sociedad Anónima in the second quarter worth approximately $263,000. Hedge funds and other institutional investors own 10.08% of the company’s stock.
Wall Street Analyst Weigh In
YPF has been the subject of several research reports. Citigroup raised YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and upped their target price for the stock from $24.00 to $33.00 in a research note on Friday. JPMorgan Chase & Co. boosted their price objective on YPF Sociedad Anónima from $24.00 to $25.00 and gave the company a “neutral” rating in a research report on Wednesday. StockNews.com upgraded YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a research report on Friday. Bank of America boosted their price objective on YPF Sociedad Anónima from $28.00 to $29.00 and gave the company a “neutral” rating in a research report on Wednesday, September 18th. Finally, Jefferies Financial Group upgraded 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. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $27.37.
YPF Sociedad Anónima Stock Performance
Shares of YPF Sociedad Anónima stock opened at $25.37 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.73 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $9.98 billion, a P/E ratio of -12.08, a P/E/G ratio of 0.11 and a beta of 1.81. The business has a fifty day simple moving average of $23.44 and a two-hundred day simple moving average of $21.87. YPF Sociedad Anónima has a 12 month low of $9.57 and a 12 month high of $26.00.
YPF Sociedad Anónima (NYSE:YPF – Get Free Report) last issued its quarterly earnings results on Thursday, August 8th. The oil and gas exploration company reported $1.32 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.90. YPF Sociedad Anónima had a positive return on equity of 22.86% and a negative net margin of 4.57%. The firm had revenue of $4.94 billion during the quarter, compared to the consensus estimate of $4.59 billion. On average, equities analysts forecast that YPF Sociedad Anónima will post 5.34 earnings per share for the current fiscal year.
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.
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