YPF Sociedad Anónima (NYSE:YPF) Rating Increased to Buy at StockNews.com

YPF Sociedad Anónima (NYSE:YPF) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday.

YPF has been the subject of a number of other research reports. The Goldman Sachs Group raised their price target on YPF Sociedad Anónima from $22.90 to $25.60 and gave the company a “neutral” rating in a research report on Thursday, July 25th. JPMorgan Chase & Co. raised their target price on shares of YPF Sociedad Anónima from $24.00 to $25.00 and gave the company a “neutral” rating in a report on Wednesday. Bank of America upped their price target on shares of YPF Sociedad Anónima from $28.00 to $29.00 and gave the company a “neutral” rating in a report on Wednesday, September 18th. Jefferies Financial Group raised shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and raised their price objective for the stock from $23.50 to $30.00 in a research note on Friday, August 30th. Finally, Citigroup raised YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and upped their target price for the company from $24.00 to $33.00 in a research note on Friday. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $27.37.

YPF Sociedad Anónima Price Performance

NYSE:YPF traded up $0.86 during trading hours on Friday, hitting $25.37. The company’s stock had a trading volume of 2,000,145 shares, compared to its average volume of 2,064,463. The company has a market capitalization of $9.98 billion, a PE ratio of -12.08, a PEG ratio of 0.11 and a beta of 1.81. YPF Sociedad Anónima has a 52-week low of $9.57 and a 52-week high of $26.00. The business’s 50-day moving average is $23.44 and its two-hundred day moving average is $21.87. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.73 and a current ratio of 0.93.

YPF Sociedad Anónima (NYSE:YPF) last released its quarterly earnings data on Thursday, August 8th. The oil and gas exploration company reported $1.32 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.90. YPF Sociedad Anónima had a negative net margin of 4.57% and a positive return on equity of 22.86%. The firm had revenue of $4.94 billion for the quarter, compared to the consensus estimate of $4.59 billion. As a group, research analysts anticipate that YPF Sociedad Anónima will post 5.34 EPS for the current fiscal year.

Institutional Investors Weigh In On YPF Sociedad Anónima

Hedge funds and other institutional investors have recently made changes to their positions in the business. Ping Capital Management Inc. purchased a new stake in YPF Sociedad Anónima in the 2nd quarter valued at about $51,676,000. Marshall Wace LLP boosted its position in shares of YPF Sociedad Anónima by 6,194.9% in the second quarter. Marshall Wace LLP now owns 947,260 shares of the oil and gas exploration company’s stock worth $19,059,000 after acquiring an additional 932,212 shares during the last quarter. Duquesne Family Office LLC acquired a new stake in shares of YPF Sociedad Anónima in the second quarter worth approximately $12,845,000. Russell Investments Group Ltd. increased its position in 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 worth $12,655,000 after purchasing an additional 482,178 shares during the last quarter. Finally, Squarepoint Ops LLC acquired a new position in YPF Sociedad Anónima during the second quarter worth approximately $6,890,000. Hedge funds and other institutional investors own 10.08% of the company’s stock.

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.