YPF Sociedad Anónima (NYSE:YPF) Shares Up 8.5% – Here’s Why

Shares of YPF Sociedad Anónima (NYSE:YPF) were up 8.5% on Friday . The company traded as high as $29.85 and last traded at $29.93. Approximately 1,659,467 shares changed hands during trading, a decline of 21% from the average daily volume of 2,103,829 shares. The stock had previously closed at $27.58.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. raised shares of YPF Sociedad Anónima from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $25.00 to $59.50 in a research report on Friday, January 10th. StockNews.com downgraded YPF Sociedad Anónima from a “buy” rating to a “hold” rating in a report on Tuesday, March 18th. Four analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $42.02.

YPF Sociedad Anónima Stock Performance

The firm has a market capitalization of $11.78 billion, a price-to-earnings ratio of 15.13, a price-to-earnings-growth ratio of 0.18 and a beta of 1.58. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.68 and a current ratio of 0.88. The stock’s fifty day moving average is $34.61 and its two-hundred day moving average is $35.03.

YPF Sociedad Anónima (NYSE:YPF) last announced its earnings results on Friday, March 7th. The oil and gas exploration company reported ($0.74) earnings per share 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 business had revenue of $4.75 billion for the quarter, compared to analyst estimates of $4.86 billion. Analysts forecast that YPF Sociedad Anónima will post 7.25 earnings per share for the current year.

Hedge Funds Weigh In On YPF Sociedad Anónima

A number of institutional investors have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of YPF Sociedad Anónima by 26.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,145,571 shares of the oil and gas exploration company’s stock worth $91,208,000 after buying an additional 450,935 shares during the last quarter. Canada Pension Plan Investment Board bought a new stake in shares of YPF Sociedad Anónima in the 4th quarter worth about $89,009,000. Duquesne Family Office LLC raised its stake in shares of YPF Sociedad Anónima by 292.4% in the 4th quarter. Duquesne Family Office LLC now owns 1,687,716 shares of the oil and gas exploration company’s stock valued at $71,745,000 after purchasing an additional 1,257,616 shares in the last quarter. Voloridge Investment Management LLC lifted its position in shares of YPF Sociedad Anónima by 41.8% during 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 purchasing an additional 467,793 shares during the last quarter. Finally, North of South Capital LLP grew its stake in YPF Sociedad Anónima by 18.3% in the fourth quarter. North of South Capital LLP now owns 1,236,984 shares of the oil and gas exploration company’s stock worth $52,584,000 after purchasing an additional 191,486 shares in the last quarter. 10.08% of the stock is 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.