Acadian Asset Management LLC bought a new stake in shares of YPF Sociedad Anónima (NYSE:YPF – Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 159,305 shares of the oil and gas exploration company’s stock, valued at approximately $1,749,000.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Cambridge Investment Research Advisors Inc. purchased a new position in shares of YPF Sociedad Anónima during the 1st quarter valued at approximately $209,000. Envestnet Asset Management Inc. lifted its position in shares of YPF Sociedad Anónima by 240.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 341,802 shares of the oil and gas exploration company’s stock valued at $1,002,000 after buying an additional 241,425 shares in the last quarter. Citigroup Inc. lifted its position in shares of YPF Sociedad Anónima by 58,292.4% during the 1st quarter. Citigroup Inc. now owns 2,279,057 shares of the oil and gas exploration company’s stock valued at $25,024,000 after buying an additional 2,275,154 shares in the last quarter. LPL Financial LLC lifted its position in shares of YPF Sociedad Anónima by 4.0% during the 1st quarter. LPL Financial LLC now owns 110,822 shares of the oil and gas exploration company’s stock valued at $1,217,000 after buying an additional 4,240 shares in the last quarter. Finally, Helikon Investments Ltd lifted its position in shares of YPF Sociedad Anónima by 31.9% during the 1st quarter. Helikon Investments Ltd now owns 10,484,541 shares of the oil and gas exploration company’s stock valued at $115,120,000 after buying an additional 2,538,602 shares in the last quarter. Hedge funds and other institutional investors own 10.21% of the company’s stock.
Wall Street Analyst Weigh In
YPF has been the topic of a number of recent analyst reports. The Goldman Sachs Group increased their target price on YPF Sociedad Anónima from $7.30 to $8.30 and gave the company a “sell” rating in a research report on Friday, August 18th. StockNews.com assumed coverage on YPF Sociedad Anónima in a report on Thursday, August 17th. They issued a “buy” rating on the stock. One analyst has rated the stock with a sell rating and four have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $9.77.
YPF Sociedad Anónima Trading Down 1.6 %
Shares of YPF stock opened at $14.21 on Friday. The stock’s fifty day moving average is $14.73 and its two-hundred day moving average is $12.67. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.65 and a current ratio of 0.99. The firm has a market capitalization of $5.59 billion, a P/E ratio of 3.06 and a beta of 1.54. YPF Sociedad Anónima has a fifty-two week low of $5.56 and a fifty-two week high of $16.19.
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, natural gas, and NGLs. The company's downstream operations include the refining, marketing, and distribution of oil and petroleum products, as well as petroleum derivatives, such as petrochemicals, hydrocarbons, non-fossil fuels, biofuels, and related components; and production of hydrocarbons electric power.
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