YPF Sociedad Anónima (NYSE:YPF) Downgraded to “Hold” Rating by StockNews.com

StockNews.com cut shares of YPF Sociedad Anónima (NYSE:YPF) from a buy rating to a hold rating in a report released on Saturday.

Several other research firms have also issued reports on YPF. UBS Group restated a “neutral” rating and issued a $38.00 target price (up previously from $30.00) on shares of YPF Sociedad Anónima in a report on Wednesday, December 4th. Bank of America upgraded YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and upped their target price for the company from $31.00 to $55.00 in a research report on Monday, December 9th. Citigroup downgraded YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and lifted their target price for the stock from $33.00 to $44.00 in a report on Wednesday, November 27th. Jefferies Financial Group upgraded YPF Sociedad Anónima from a “hold” rating to a “buy” rating and increased their price target for the stock from $23.50 to $30.00 in a report on Friday, August 30th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of YPF Sociedad Anónima from $24.00 to $25.00 and gave the company a “neutral” rating in a research note on Wednesday, October 30th. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $34.23.

YPF Sociedad Anónima Trading Up 1.4 %

NYSE YPF opened at $44.56 on Friday. The business’s 50-day moving average price is $31.62 and its two-hundred day moving average price is $24.90. YPF Sociedad Anónima has a 12 month low of $14.53 and a 12 month high of $44.96. The firm has a market capitalization of $17.53 billion, a PE ratio of 22.51, a price-to-earnings-growth ratio of 0.13 and a beta of 1.94. The company has a current ratio of 0.88, a quick ratio of 0.68 and a debt-to-equity ratio of 0.59.

Hedge Funds Weigh In On YPF Sociedad Anónima

A number of hedge funds have recently added to or reduced their stakes in YPF. ABS Direct Equity Fund LLC bought a new position in shares of YPF Sociedad Anónima in the third quarter valued at approximately $318,000. Dorsey Wright & Associates grew its position in YPF Sociedad Anónima by 12.5% in the 3rd quarter. Dorsey Wright & Associates now owns 258,432 shares of the oil and gas exploration company’s stock worth $5,481,000 after purchasing an additional 28,617 shares in the last quarter. Insigneo Advisory Services LLC increased its stake in YPF Sociedad Anónima by 6.7% in the 3rd quarter. Insigneo Advisory Services LLC now owns 47,348 shares of the oil and gas exploration company’s stock valued at $1,004,000 after buying an additional 2,992 shares during the last quarter. Itau Unibanco Holding S.A. purchased a new position in shares of YPF Sociedad Anónima in the 3rd quarter worth approximately $4,539,000. Finally, Mirabella Financial Services LLP boosted its stake in shares of YPF Sociedad Anónima by 59.7% in the 3rd quarter. Mirabella Financial Services LLP now owns 128,483 shares of the oil and gas exploration company’s stock worth $2,725,000 after buying an additional 48,025 shares during the last quarter. Institutional investors and hedge funds own 10.08% of the company’s stock.

YPF Sociedad Anónima Company Profile

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.