JPMorgan Chase & Co. Has $5.31 Million Stock Position in YPF Sociedad Anónima (NYSE:YPF)

JPMorgan Chase & Co. boosted its stake in shares of YPF Sociedad Anónima (NYSE:YPF) by 1,119.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 250,550 shares of the oil and gas exploration company’s stock after purchasing an additional 230,001 shares during the period. JPMorgan Chase & Co. owned 0.06% of YPF Sociedad Anónima worth $5,314,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the stock. Marshall Wace LLP raised its stake in shares of YPF Sociedad Anónima by 6,194.9% during 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. Duquesne Family Office LLC acquired a new position in YPF Sociedad Anónima during the second quarter worth $12,845,000. Squarepoint Ops LLC bought a new stake in YPF Sociedad Anónima during the second quarter worth $6,890,000. Assenagon Asset Management S.A. lifted its stake in YPF Sociedad Anónima by 1,685.6% in the third 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 acquiring an additional 294,803 shares during the last quarter. Finally, Itau Unibanco Holding S.A. acquired a new stake in YPF Sociedad Anónima in the third quarter valued at $4,539,000. 10.08% of the stock is currently owned by institutional investors.

YPF Sociedad Anónima Price Performance

Shares of NYSE YPF opened at $43.84 on Friday. The firm has a market cap of $17.24 billion, a P/E ratio of 22.14, a price-to-earnings-growth ratio of 0.21 and a beta of 1.91. The business’s 50 day moving average is $40.55 and its 200-day moving average is $28.66. 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 $14.53 and a 1-year high of $47.43.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on YPF shares. Bank of America raised shares of YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and upped their target price for the company from $31.00 to $55.00 in a report on Monday, December 9th. StockNews.com lowered YPF Sociedad Anónima from a “buy” rating to a “hold” rating in a research note on Sunday, January 12th. JPMorgan Chase & Co. raised YPF Sociedad Anónima from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $25.00 to $59.50 in a research report on Friday, January 10th. UBS Group reissued a “neutral” rating and set a $38.00 target price (up from $30.00) on shares of YPF Sociedad Anónima in a report on Wednesday, December 4th. Finally, Citigroup downgraded YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and raised their price target for the company from $33.00 to $44.00 in a report on Wednesday, November 27th. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, YPF Sociedad Anónima has a consensus rating of “Hold” and an average target price of $39.16.

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.