YPF Sociedad Anónima (NYSE:YPF) Sets New 1-Year High at $23.94

Shares of YPF Sociedad Anónima (NYSE:YPF) hit a new 52-week high during trading on Monday . The company traded as high as $23.94 and last traded at $23.94, with a volume of 704 shares traded. The stock had previously closed at $23.38.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. StockNews.com lowered shares of YPF Sociedad Anónima from a “buy” rating to a “hold” rating in a report on Tuesday, April 16th. The Goldman Sachs Group increased their price objective on YPF Sociedad Anónima from $17.40 to $20.00 and gave the stock a “neutral” rating in a research report on Thursday, April 18th. Citigroup downgraded YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and lifted their target price for the company from $20.00 to $24.00 in a research report on Wednesday, April 17th. Morgan Stanley upgraded YPF Sociedad Anónima from an “underweight” rating to an “equal weight” rating and increased their price target for the stock from $10.50 to $22.00 in a report on Thursday, March 21st. Finally, UBS Group upgraded shares of YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $18.00 to $27.00 in a report on Thursday, February 22nd. Six equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $20.58.

YPF Sociedad Anónima Price Performance

The stock has a 50 day moving average price of $19.76 and a two-hundred day moving average price of $16.84. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.90 and a quick ratio of 0.56. The firm has a market capitalization of $9.42 billion, a price-to-earnings ratio of -7.15 and a beta of 1.86.

YPF Sociedad Anónima (NYSE:YPF) last issued its quarterly earnings results on Wednesday, March 6th. The oil and gas exploration company reported $2.00 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.95 by ($0.95). YPF Sociedad Anónima had a positive return on equity of 17.33% and a negative net margin of 7.58%. The business had revenue of $4.19 billion for the quarter, compared to analysts’ expectations of $4.47 billion. As a group, analysts expect that YPF Sociedad Anónima will post 6.37 EPS for the current year.

Institutional Trading of YPF Sociedad Anónima

Several hedge funds have recently modified their holdings of the stock. Citigroup Inc. increased its holdings in YPF Sociedad Anónima by 50.9% during the 3rd quarter. Citigroup Inc. now owns 4,753,658 shares of the oil and gas exploration company’s stock worth $58,232,000 after purchasing an additional 1,604,368 shares during the period. Connor Clark & Lunn Investment Management Ltd. raised its holdings in YPF Sociedad Anónima by 6.0% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 883,850 shares of the oil and gas exploration company’s stock valued at $10,827,000 after acquiring an additional 50,173 shares in the last quarter. LSV Asset Management raised its holdings in YPF Sociedad Anónima by 231.3% in the third quarter. LSV Asset Management now owns 99,400 shares of the oil and gas exploration company’s stock valued at $1,218,000 after acquiring an additional 69,400 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in YPF Sociedad Anónima by 55.1% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 535,361 shares of the oil and gas exploration company’s stock worth $9,203,000 after acquiring an additional 190,098 shares during the last quarter. Finally, Hsbc Holdings PLC grew its holdings in YPF Sociedad Anónima by 1.4% during the 3rd quarter. Hsbc Holdings PLC now owns 458,781 shares of the oil and gas exploration company’s stock worth $5,622,000 after acquiring an additional 6,186 shares in the last quarter. 10.08% of the stock is currently owned by institutional investors and hedge funds.

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.