YPF Sociedad Anónima (NYSE:YPF) Rating Lowered to “Hold” at StockNews.com

YPF Sociedad Anónima (NYSE:YPF) was downgraded by stock analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued on Monday.

Other research analysts also recently issued research reports about the company. Jefferies Financial Group upgraded YPF Sociedad Anónima from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $23.50 to $30.00 in a report on Friday, August 30th. Citigroup upgraded YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $24.00 to $33.00 in a research report on Friday, November 1st. The Goldman Sachs Group increased their price objective on YPF Sociedad Anónima from $22.90 to $25.60 and gave the company a “neutral” rating in a research note on Thursday, July 25th. Bank of America increased their price target on shares of YPF Sociedad Anónima from $28.00 to $29.00 and gave the company a “neutral” rating in a research report on Wednesday, September 18th. Finally, JPMorgan Chase & Co. boosted 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 report on Wednesday, October 30th. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $27.37.

YPF Sociedad Anónima Stock Up 1.7 %

Shares of NYSE:YPF opened at $35.55 on Monday. The firm has a fifty day moving average of $25.36 and a 200 day moving average of $22.74. YPF Sociedad Anónima has a 52-week low of $13.34 and a 52-week high of $35.67. 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 firm has a market capitalization of $13.98 billion, a PE ratio of 17.95, a price-to-earnings-growth ratio of 0.11 and a beta of 1.78.

Institutional Investors Weigh In On YPF Sociedad Anónima

A number of institutional investors have recently made changes to their positions in the company. Ping Capital Management Inc. purchased a new position in YPF Sociedad Anónima in the 2nd quarter worth about $51,676,000. Marshall Wace LLP raised its holdings in shares of YPF Sociedad Anónima by 6,194.9% during the second quarter. Marshall Wace LLP now owns 947,260 shares of the oil and gas exploration company’s stock valued at $19,059,000 after purchasing an additional 932,212 shares during the last quarter. Duquesne Family Office LLC bought a new position in YPF Sociedad Anónima during the second quarter valued at approximately $12,845,000. Squarepoint Ops LLC purchased a new stake in YPF Sociedad Anónima in the second quarter worth approximately $6,890,000. Finally, Assenagon Asset Management S.A. boosted its holdings in YPF Sociedad Anónima by 1,685.6% in the third quarter. Assenagon Asset Management S.A. now owns 312,293 shares of the oil and gas exploration company’s stock worth $6,624,000 after purchasing an additional 294,803 shares during 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.