GAMMA Investing LLC raised its stake in shares of YPF Sociedad Anónima (NYSE:YPF – Free Report) by 3,099.7% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 70,746 shares of the oil and gas exploration company’s stock after purchasing an additional 68,535 shares during the period. GAMMA Investing LLC’s holdings in YPF Sociedad Anónima were worth $2,479,000 as of its most recent SEC filing.
Other hedge funds have also added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. boosted its stake in YPF Sociedad Anónima by 41.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,829 shares of the oil and gas exploration company’s stock valued at $163,000 after purchasing an additional 1,119 shares during the last quarter. Peapack Gladstone Financial Corp acquired a new position in YPF Sociedad Anónima during the 4th quarter valued at about $203,000. Truist Financial Corp acquired a new position in YPF Sociedad Anónima during the 4th quarter valued at about $243,000. Wells Fargo & Company MN lifted its position in shares of YPF Sociedad Anónima by 253.5% during the 4th quarter. Wells Fargo & Company MN now owns 5,730 shares of the oil and gas exploration company’s stock worth $244,000 after buying an additional 4,109 shares in the last quarter. Finally, NorthRock Partners LLC bought a new position in shares of YPF Sociedad Anónima during the 4th quarter worth approximately $259,000. Institutional investors and hedge funds own 10.08% of the company’s stock.
YPF Sociedad Anónima Trading Up 0.6%
NYSE:YPF opened at $36.13 on Friday. The company has a current ratio of 0.88, a quick ratio of 0.68 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of $14.21 billion, a PE ratio of 18.25, a price-to-earnings-growth ratio of 0.18 and a beta of 1.85. The firm’s 50 day moving average is $33.11 and its 200 day moving average is $36.99. YPF Sociedad Anónima has a 12 month low of $16.18 and a 12 month high of $47.43.
Analyst Upgrades and Downgrades
Several equities analysts have commented on YPF shares. HSBC raised shares of YPF Sociedad Anónima from a “reduce” rating to a “hold” rating and lifted their target price for the stock from $21.00 to $33.00 in a research report on Monday, April 14th. Hsbc Global Res raised shares of YPF Sociedad Anónima to a “hold” rating in a research report on Monday, April 14th. Citigroup raised shares of YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $44.00 to $48.00 in a research report on Monday, May 19th. Finally, Wall Street Zen cut shares of YPF Sociedad Anónima from a “buy” rating to a “hold” rating in a research report on Tuesday, March 18th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $41.30.
View Our Latest Stock Analysis on YPF
YPF Sociedad Anónima Company Profile
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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