YPF Sociedad Anónima (NYSE:YPF) Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. lowered its holdings in YPF Sociedad Anónima (NYSE:YPF) by 60.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 122,879 shares of the oil and gas exploration company’s stock after selling 189,414 shares during the quarter. Assenagon Asset Management S.A.’s holdings in YPF Sociedad Anónima were worth $5,224,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Encompass Capital Advisors LLC increased its stake in shares of YPF Sociedad Anónima by 16.9% in the second quarter. Encompass Capital Advisors LLC now owns 1,168,919 shares of the oil and gas exploration company’s stock worth $23,519,000 after acquiring an additional 168,919 shares during the period. Marshall Wace LLP grew its position in 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 buying an additional 932,212 shares during the period. Discovery Capital Management LLC CT grew its position in 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 period. Duquesne Family Office LLC acquired a new stake in YPF Sociedad Anónima during the second quarter valued at $12,845,000. Finally, Squarepoint Ops LLC acquired a new stake in YPF Sociedad Anónima during the second quarter valued at $6,890,000. Institutional investors and hedge funds own 10.08% of the company’s stock.

YPF Sociedad Anónima Stock Performance

NYSE:YPF opened at $42.73 on Tuesday. The company’s 50-day moving average price is $41.07 and its 200-day moving average price is $29.11. The company has a current ratio of 0.88, a quick ratio of 0.68 and a debt-to-equity ratio of 0.59. The company has a market cap of $16.81 billion, a P/E ratio of 21.58, a P/E/G ratio of 0.21 and a beta of 1.91. YPF Sociedad Anónima has a twelve month low of $14.90 and a twelve month high of $47.43.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. JPMorgan Chase & Co. upgraded shares of YPF Sociedad Anónima from a “neutral” rating to an “overweight” rating and raised their price target for the company from $25.00 to $59.50 in a research report on Friday, January 10th. Bank of America upgraded shares of YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and raised their price target for the company from $31.00 to $55.00 in a research report on Monday, December 9th. UBS Group restated a “neutral” rating and set a $38.00 price target (up previously from $30.00) on shares of YPF Sociedad Anónima in a research report on Wednesday, December 4th. StockNews.com raised shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a report on Monday. Finally, Citigroup downgraded shares of YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and increased their price objective for the company from $33.00 to $44.00 in a report on Wednesday, November 27th. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $39.16.

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.