YPF Sociedad Anónima $YPF Stock Position Lowered by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA reduced its position in YPF Sociedad Anónima (NYSE:YPF) by 24.3% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 55,196 shares of the oil and gas exploration company’s stock after selling 17,733 shares during the period. Pictet Asset Management Holding SA’s holdings in YPF Sociedad Anónima were worth $2,767,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in YPF. Oaktree Capital Management LP purchased a new position in YPF Sociedad Anónima during the 1st quarter worth approximately $40,972,000. RWC Asset Advisors US LLC acquired a new stake in shares of YPF Sociedad Anónima in the second quarter valued at approximately $12,216,000. Globeflex Capital L P acquired a new stake in shares of YPF Sociedad Anónima in the second quarter valued at approximately $10,074,000. Assenagon Asset Management S.A. boosted its holdings in shares of YPF Sociedad Anónima by 107.7% in the third quarter. Assenagon Asset Management S.A. now owns 231,121 shares of the oil and gas exploration company’s stock valued at $11,586,000 after acquiring an additional 119,833 shares during the period. Finally, Oaktree Fund Advisors LLC purchased a new position in shares of YPF Sociedad Anónima during the first quarter worth approximately $5,019,000. 10.08% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on YPF shares. JPMorgan Chase & Co. cut their target price on shares of YPF Sociedad Anónima from $66.00 to $60.50 and set an “overweight” rating on the stock in a report on Thursday, October 29th. UBS Group increased their price target on shares of YPF Sociedad Anónima from $48.00 to $55.00 and gave the stock a “neutral” rating in a research note on Thursday, August 27th. HSBC raised shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and set a $60.00 price objective on the stock in a research report on Monday, August 17th. Zacks Research upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 30th. Finally, Weiss Ratings cut shares of YPF Sociedad Anónima from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $58.50.

YPF Sociedad Anónima Stock Performance

YPF Sociedad Anónima stock traded up $0.53 during mid-day trading on Friday, reaching $37.73. 1,204,023 shares of the company were exchanged, compared to its average volume of 1,393,855. YPF Sociedad Anónima has a twelve month low of $32.74 and a twelve month high of $57.87. The firm’s 50-day simple moving average is $49.32 and its two-hundred day simple moving average is $46.50. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.04 and a current ratio of 1.24. The firm has a market cap of $14.84 billion, a PE ratio of 6.95 and a beta of 1.35.

YPF Sociedad Anónima (NYSE:YPF) last announced its earnings results on Wednesday, October 28th. The oil and gas exploration company reported $3.00 earnings per share for the quarter, beating the consensus estimate of $1.92 by $1.08. The company had revenue of $6.56 billion for the quarter, compared to the consensus estimate of $5.57 billion. YPF Sociedad Anónima had a return on equity of 17.23% and a net margin of 9.42%. Equities analysts predict that YPF Sociedad Anónima will post 9.08 earnings per share for the current fiscal year.

Insider Buying and Selling at YPF Sociedad Anónima

In related news, Director Guillermo Alberto Francos sold 2,770 shares of the stock in a transaction on Monday, September 14th. The stock was sold at an average price of $55.76, for a total transaction of $154,455.20. Following the completion of the sale, the director directly owned 31,860 shares of the company’s stock, valued at $1,776,513.60. This trade represents a 8.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

About YPF Sociedad Anónima

YPF Sociedad Anónima is an integrated energy company based in Argentina. Its activities span oil and natural gas exploration and production, refining, petrochemicals, and the distribution and sale of fuels and other energy products. The company operates primarily in Argentina, where it develops conventional and unconventional oil and gas resources, including resources in the Vaca Muerta formation. YPF also supplies fuels through its refining and retail operations and participates in the country’s natural gas sector.