Stock Traders Purchase Large Volume of YPF Sociedad Anonima Put Options (YPF)
YPF Sociedad Anonima (NYSE:YPF) was the recipient of unusually large options trading on Friday. Investors purchased 1,918 put options on the stock. This is an increase of approximately 208% compared to the typical volume of 623 put options.
Institutional investors have recently bought and sold shares of the business. The Manufacturers Life Insurance Company increased its holdings in shares of YPF Sociedad Anonima by 6.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 451,102 shares of the oil and gas exploration company’s stock worth $9,879,000 after purchasing an additional 27,806 shares in the last quarter. CI Investments Inc. purchased a new position in shares of YPF Sociedad Anonima in the 3rd quarter worth $10,249,000. Quantitative Investment Management LLC boosted its stake in shares of YPF Sociedad Anonima by 46.1% in the 2nd quarter. Quantitative Investment Management LLC now owns 196,100 shares of the oil and gas exploration company’s stock worth $4,294,000 after buying an additional 61,900 shares during the last quarter. Capital Research Global Investors boosted its stake in shares of YPF Sociedad Anonima by 1.2% in the 2nd quarter. Capital Research Global Investors now owns 683,902 shares of the oil and gas exploration company’s stock worth $14,977,000 after buying an additional 8,153 shares during the last quarter. Finally, Schroder Investment Management Group boosted its stake in shares of YPF Sociedad Anonima by 6.7% in the 2nd quarter. Schroder Investment Management Group now owns 5,165,659 shares of the oil and gas exploration company’s stock worth $111,630,000 after buying an additional 325,395 shares during the last quarter. 28.80% of the stock is owned by institutional investors and hedge funds.
Several research analysts have recently issued reports on YPF shares. J P Morgan Chase & Co raised YPF Sociedad Anonima from a “neutral” rating to an “overweight” rating and set a $29.00 target price for the company in a research report on Wednesday, October 25th. Citigroup started coverage on YPF Sociedad Anonima in a research report on Monday, October 9th. They issued a “buy” rating and a $28.00 target price for the company. Zacks Investment Research lowered YPF Sociedad Anonima from a “buy” rating to a “hold” rating in a research report on Wednesday, November 1st. Credit Suisse Group set a $27.00 target price on YPF Sociedad Anonima and gave the stock a “buy” rating in a research report on Monday, August 7th. Finally, BidaskClub raised YPF Sociedad Anonima from a “strong sell” rating to a “sell” rating in a research report on Monday, August 14th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $27.17.
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YPF Sociedad Anonima Company Profile
YPF Sociedad Anonima (YPF) is an energy company. The Company is operating a fully integrated oil and gas chain. The Company operates through the segments, including Exploration and Production, Downstream, and Corporate and Other. The Company’s Exploration and Production segment includes exploration and production activities, natural gas and crude oil purchases, sales of natural gas, and to a lesser extent crude oil, to third parties and intersegment sales of crude oil, natural gas and its byproducts.
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