YPF Sociedad Anonima (NYSE:YPF) Upgraded to Hold at Zacks Research

YPF Sociedad Anonima (NYSE:YPF) was upgraded by equities research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.

Other research analysts have also issued research reports about the company. Wall Street Zen lowered YPF Sociedad Anonima from a “hold” rating to a “sell” rating in a research note on Sunday. Weiss Ratings reiterated a “hold (c)” rating on shares of YPF Sociedad Anonima in a research note on Wednesday, January 21st. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $41.67.

YPF Sociedad Anonima Stock Performance

Shares of NYSE YPF opened at $37.96 on Monday. The company has a 50-day simple moving average of $36.56 and a 200-day simple moving average of $33.20. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.75 and a quick ratio of 0.54. The company has a market cap of $14.93 billion, a PE ratio of -32.17 and a beta of 1.43. YPF Sociedad Anonima has a 12 month low of $22.82 and a 12 month high of $40.38.

Institutional Trading of YPF Sociedad Anonima

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

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.