YPF Sociedad Anónima (NYSE:YPF) Rating Increased to Buy at Citigroup

Citigroup upgraded shares of YPF Sociedad Anónima (NYSE:YPF) from a neutral rating to a buy rating in a report released on Monday morning, MarketBeat reports. The firm currently has $48.00 price objective on the oil and gas exploration company’s stock, up from their previous price objective of $44.00.

YPF has been the topic of several other reports. StockNews.com lowered shares of YPF Sociedad Anónima from a “buy” rating to a “hold” rating in a research note on Tuesday, March 18th. Hsbc Global Res raised YPF Sociedad Anónima to a “hold” rating in a report on Monday, April 14th. Finally, HSBC raised YPF Sociedad Anónima from a “reduce” rating to a “hold” rating and raised their price objective for the company from $21.00 to $33.00 in a report on Monday, April 14th. Five 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 stock has a consensus rating of “Hold” and a consensus target price of $41.30.

YPF Sociedad Anónima Price Performance

NYSE:YPF opened at $35.93 on Monday. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.88 and a quick ratio of 0.68. The company has a 50 day moving average price of $32.94 and a 200-day moving average price of $36.66. YPF Sociedad Anónima has a 1-year low of $16.18 and a 1-year high of $47.43. The firm has a market cap of $14.13 billion, a price-to-earnings ratio of 18.15, a price-to-earnings-growth ratio of 0.18 and a beta of 1.89.

YPF Sociedad Anónima (NYSE:YPF) last released its quarterly earnings results on Friday, March 7th. The oil and gas exploration company reported ($0.74) EPS for the quarter, missing the consensus estimate of $0.51 by ($1.25). YPF Sociedad Anónima had a net margin of 4.15% and a return on equity of 32.76%. The firm had revenue of $4.75 billion for the quarter, compared to analyst estimates of $4.86 billion. Equities research analysts forecast that YPF Sociedad Anónima will post 7.25 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in YPF Sociedad Anónima by 1.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,170,968 shares of the oil and gas exploration company’s stock worth $76,071,000 after buying an additional 25,397 shares during the last quarter. Canada Pension Plan Investment Board acquired a new position in shares of YPF Sociedad Anónima during the fourth quarter valued at approximately $89,009,000. Duquesne Family Office LLC lifted its position in shares of YPF Sociedad Anónima by 23.0% in the first quarter. Duquesne Family Office LLC now owns 2,075,390 shares of the oil and gas exploration company’s stock valued at $72,722,000 after acquiring an additional 387,674 shares in the last quarter. Voloridge Investment Management LLC boosted its stake in shares of YPF Sociedad Anónima by 41.8% in the fourth quarter. Voloridge Investment Management LLC now owns 1,587,869 shares of the oil and gas exploration company’s stock worth $67,500,000 after acquiring an additional 467,793 shares during the last quarter. Finally, North of South Capital LLP boosted its stake in shares of YPF Sociedad Anónima by 12.2% in the first quarter. North of South Capital LLP now owns 1,387,350 shares of the oil and gas exploration company’s stock worth $48,613,000 after acquiring an additional 150,366 shares during the last quarter. Institutional investors and hedge funds 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.