YPF Sociedad Anónima (NYSE:YPF – Get Free Report) was downgraded by stock analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued to investors on Tuesday.
Several other equities analysts have also commented on the company. Bank of America raised YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and raised their price objective for the company from $31.00 to $55.00 in a research report on Monday, December 9th. Citigroup lowered YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and raised their price objective for the company from $33.00 to $44.00 in a research report on Wednesday, November 27th. UBS Group reaffirmed a “neutral” rating and issued a $38.00 price target (up previously from $30.00) on shares of YPF Sociedad Anónima in a research report on Wednesday, December 4th. Finally, JPMorgan Chase & Co. raised YPF Sociedad Anónima from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $25.00 to $59.50 in a research report on Friday, January 10th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, YPF Sociedad Anónima has a consensus rating of “Hold” and a consensus target price of $39.16.
Check Out Our Latest Analysis on YPF
YPF Sociedad Anónima Stock Down 6.5 %
YPF Sociedad Anónima (NYSE:YPF – Get Free Report) last announced its quarterly earnings data 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). The firm had revenue of $4.75 billion for the quarter, compared to analysts’ expectations of $4.86 billion. YPF Sociedad Anónima had a net margin of 4.15% and a return on equity of 32.76%. As a group, sell-side 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
Several large investors have recently modified their holdings of YPF. Canada Pension Plan Investment Board bought a new stake in YPF Sociedad Anónima in the 4th quarter worth about $89,009,000. Duquesne Family Office LLC increased its holdings in 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 worth $71,745,000 after buying an additional 1,257,616 shares in the last quarter. William Blair Investment Management LLC bought a new stake in YPF Sociedad Anónima in the 4th quarter worth about $45,664,000. BNP Paribas Financial Markets increased its holdings in YPF Sociedad Anónima by 2,092.6% in the 4th quarter. BNP Paribas Financial Markets now owns 945,959 shares of the oil and gas exploration company’s stock worth $40,213,000 after buying an additional 902,815 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in YPF Sociedad Anónima by 335.6% in the 4th quarter. JPMorgan Chase & Co. now owns 1,091,392 shares of the oil and gas exploration company’s stock worth $46,395,000 after buying an additional 840,842 shares in the last quarter. Hedge funds and other institutional investors 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.
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