YPF Sociedad Anonima (NYSE:YPF) Raised to Hold at Wall Street Zen

YPF Sociedad Anonima (NYSE:YPF) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued on Monday.

A number of other equities research analysts have also recently issued reports on the stock. Zacks Research raised shares of YPF Sociedad Anonima from a “strong sell” rating to a “hold” rating in a research note on Monday, February 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of YPF Sociedad Anonima in a research note on Wednesday, January 21st. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $41.67.

YPF Sociedad Anonima Price Performance

NYSE:YPF opened at $35.38 on Monday. The company has a quick ratio of 0.54, a current ratio of 0.75 and a debt-to-equity ratio of 0.71. YPF Sociedad Anonima has a 52 week low of $22.82 and a 52 week high of $40.38. The stock’s 50-day moving average price is $36.63 and its 200-day moving average price is $33.25. The stock has a market capitalization of $13.91 billion, a PE ratio of -16.77 and a beta of 1.44.

YPF Sociedad Anonima (NYSE:YPF) last issued its quarterly earnings results on Thursday, February 26th. The oil and gas exploration company reported ($1.67) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.77 by ($2.44). The business had revenue of $4.56 billion for the quarter, compared to analysts’ expectations of $3.14 million. YPF Sociedad Anonima had a negative return on equity of 0.25% and a negative net margin of 4.48%. As a group, equities analysts expect that YPF Sociedad Anonima will post 7.25 EPS for the current fiscal year.

Hedge Funds Weigh In On YPF Sociedad Anonima

A number of institutional investors have recently added to or reduced their stakes in YPF. JPMorgan Chase & Co. boosted its stake in YPF Sociedad Anonima by 194.9% during the second quarter. JPMorgan Chase & Co. now owns 4,898,315 shares of the oil and gas exploration company’s stock worth $154,052,000 after buying an additional 3,237,154 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of YPF Sociedad Anonima by 55.7% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,379,408 shares of the oil and gas exploration company’s stock valued at $106,282,000 after acquiring an additional 1,208,440 shares during the last quarter. Ping Capital Management Inc. grew its holdings in shares of YPF Sociedad Anonima by 36.1% in the third quarter. Ping Capital Management Inc. now owns 2,017,000 shares of the oil and gas exploration company’s stock valued at $48,993,000 after purchasing an additional 534,800 shares during the period. UBS Group AG grew its holdings in shares of YPF Sociedad Anonima by 125.2% in the third quarter. UBS Group AG now owns 651,384 shares of the oil and gas exploration company’s stock valued at $15,822,000 after purchasing an additional 362,155 shares during the period. Finally, Bank of America Corp DE increased its position in YPF Sociedad Anonima by 161.2% during the second quarter. Bank of America Corp DE now owns 568,507 shares of the oil and gas exploration company’s stock worth $17,880,000 after purchasing an additional 350,842 shares during the last quarter. Hedge funds and other institutional investors own 10.08% of the company’s stock.

About YPF Sociedad Anonima

YPF Sociedad Anónima (NYSE: YPF) is an integrated oil and gas company headquartered in Buenos Aires, Argentina. The company’s primary businesses encompass upstream exploration and production of crude oil and natural gas, midstream transportation and storage, and downstream refining and distribution. YPF operates several major refineries and a nationwide network of service stations, supplying fuels, lubricants, and petrochemical products to both retail and industrial customers.

Founded in 1922 as Yacimientos Petrolíferos Fiscales, YPF was the world’s first state‐owned oil company.