Private Advisor Group LLC lessened its holdings in YPF Sociedad Anónima (NYSE:YPF – Free Report) by 25.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,458 shares of the oil and gas exploration company’s stock after selling 5,328 shares during the quarter. Private Advisor Group LLC’s holdings in YPF Sociedad Anónima were worth $328,000 at the end of the most recent quarter.
A number of other hedge funds have also recently added to or reduced their stakes in the business. Ping Capital Management Inc. acquired a new position in shares of YPF Sociedad Anónima during the second quarter valued at $51,676,000. Encompass Capital Advisors LLC boosted its holdings in shares of YPF Sociedad Anónima by 16.9% during the second 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 acquiring an additional 168,919 shares during the period. Marshall Wace LLP boosted its holdings in shares of YPF Sociedad Anónima by 6,194.9% during the second quarter. Marshall Wace LLP now owns 947,260 shares of the oil and gas exploration company’s stock valued at $19,059,000 after acquiring an additional 932,212 shares during the period. Discovery Capital Management LLC CT boosted 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 acquiring an additional 48,000 shares during the period. Finally, Russell Investments Group Ltd. boosted its holdings in shares of YPF Sociedad Anónima by 307.2% during the first quarter. Russell Investments Group Ltd. now owns 639,116 shares of the oil and gas exploration company’s stock valued at $12,655,000 after acquiring an additional 482,178 shares during the period. Institutional investors and hedge funds own 10.08% of the company’s stock.
YPF Sociedad Anónima Trading Up 2.8 %
Shares of YPF stock opened at $28.25 on Thursday. YPF Sociedad Anónima has a 12 month low of $9.57 and a 12 month high of $28.82. The company has a quick ratio of 0.73, a current ratio of 0.93 and a debt-to-equity ratio of 0.71. The business’s 50 day moving average is $23.88 and its two-hundred day moving average is $22.09. The company has a market cap of $11.11 billion, a PE ratio of -13.45, a price-to-earnings-growth ratio of 0.11 and a beta of 1.78.
Wall Street Analyst Weigh In
YPF has been the subject of several analyst reports. Citigroup raised shares of YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and boosted their price target for the company from $24.00 to $33.00 in a report on Friday, November 1st. Jefferies Financial Group upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and increased their target price for the company from $23.50 to $30.00 in a research report on Friday, August 30th. The Goldman Sachs Group increased their target price on shares of YPF Sociedad Anónima from $22.90 to $25.60 and gave the company a “neutral” rating in a research report on Thursday, July 25th. Bank of America increased their target price on shares of 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, JPMorgan Chase & Co. increased their target price on shares of YPF Sociedad Anónima from $24.00 to $25.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $27.37.
Check Out Our Latest Research Report on YPF Sociedad Anónima
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.
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