YPF Sociedad Anónima (NYSE:YPF) Raised to “Strong-Buy” at Zacks Investment Research

YPF Sociedad Anónima (NYSE:YPF – Get Rating) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Wednesday, Zacks.com reports. The firm presently has a $5.75 price objective on the oil and gas exploration company’s stock. Zacks Investment Research‘s price objective indicates a potential upside of 13.41% from the company’s current price.

According to Zacks, “YPF Sociedad Anonima is an international energy company, based on the integrated business of hydrocarbons, focalized in Latin America, with high standards of efficiency, profitability and responsibility. They have a dominant position in Argentina’s exploration, production, refining and marketing sectors, as well as a growing presence in petrochemicals. “

Separately, StockNews.com lowered YPF Sociedad Anónima from a “strong-buy” rating to a “buy” rating in a research report on Friday, April 8th.

Shares of YPF Sociedad Anónima stock remained flat at $$5.07 during trading hours on Wednesday. 25,582 shares of the company’s stock were exchanged, compared to its average volume of 2,372,927. The company’s fifty day simple moving average is $4.53 and its 200 day simple moving average is $4.30. The company has a quick ratio of 0.80, a current ratio of 1.19 and a debt-to-equity ratio of 0.81. YPF Sociedad Anónima has a 1-year low of $3.34 and a 1-year high of $5.86. The stock has a market cap of $1.99 billion, a price-to-earnings ratio of -84.50 and a beta of 1.82.

YPF Sociedad Anónima (NYSE:YPF – Get Rating) last released its quarterly earnings results on Thursday, March 3rd. The oil and gas exploration company reported $0.82 earnings per share for the quarter. The company had revenue of $3.62 billion during the quarter, compared to analysts’ expectations of $3.22 billion. YPF Sociedad Anónima had a positive return on equity of 0.62% and a negative net margin of 0.17%. On average, analysts forecast that YPF Sociedad Anónima will post 1.69 EPS for the current year.

Institutional investors have recently made changes to their positions in the business. BlackRock Inc. lifted its stake in shares of YPF Sociedad Anónima by 1.3% in the third quarter. BlackRock Inc. now owns 11,795,448 shares of the oil and gas exploration company’s stock worth $54,967,000 after buying an additional 148,485 shares in the last quarter. Marshall Wace LLP boosted its holdings in shares of YPF Sociedad Anónima by 837.9% during the 4th quarter. Marshall Wace LLP now owns 6,918,587 shares of the oil and gas exploration company’s stock worth $26,432,000 after purchasing an additional 6,180,880 shares during the last quarter. BNP Paribas Arbitrage SA grew its position in shares of YPF Sociedad Anónima by 62.7% in the fourth quarter. BNP Paribas Arbitrage SA now owns 2,086,815 shares of the oil and gas exploration company’s stock valued at $7,972,000 after purchasing an additional 803,913 shares in the last quarter. Millennium Management LLC increased its holdings in shares of YPF Sociedad Anónima by 52.9% in the fourth quarter. Millennium Management LLC now owns 2,067,803 shares of the oil and gas exploration company’s stock valued at $7,899,000 after purchasing an additional 714,985 shares during the last quarter. Finally, Morgan Stanley lifted its position in YPF Sociedad Anónima by 21.2% during the third quarter. Morgan Stanley now owns 1,996,222 shares of the oil and gas exploration company’s stock worth $9,303,000 after buying an additional 348,757 shares in the last quarter. 13.27% of the stock is owned by institutional investors and hedge funds.

About YPF Sociedad Anónima (Get Rating)

YPF Sociedad Anónima, an energy company, operates in the oil and gas upstream and downstream activities in Argentina. The company's upstream operations consist of the exploration, development, and production of crude oil, natural gas, and liquefied petroleum gas (LPG). Its downstream operations include the refining, marketing, transportation, and distribution of oil, petroleum products, petroleum derivatives, petrochemicals, LPG, and bio-fuels, as well as in gas separation and natural gas distribution operations.

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