Glenorchy Capital Ltd cut its stake in YPF Sociedad Anónima (NYSE:YPF – Free Report) by 37.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 114,978 shares of the oil and gas exploration company’s stock after selling 69,799 shares during the period. YPF Sociedad Anónima comprises approximately 0.8% of Glenorchy Capital Ltd’s portfolio, making the stock its 21st largest position. Glenorchy Capital Ltd’s holdings in YPF Sociedad Anónima were worth $2,439,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of the stock. Blue Trust Inc. purchased a new stake in shares of YPF Sociedad Anónima in the 2nd quarter valued at about $26,000. Transcendent Capital Group LLC acquired a new position in YPF Sociedad Anónima during the first quarter worth approximately $28,000. Ashton Thomas Private Wealth LLC purchased a new stake in YPF Sociedad Anónima in the second quarter valued at approximately $63,000. Headlands Technologies LLC acquired a new stake in shares of YPF Sociedad Anónima in the first quarter valued at approximately $113,000. Finally, SG Americas Securities LLC acquired a new stake in shares of YPF Sociedad Anónima in the second quarter valued at approximately $185,000. Institutional investors and hedge funds own 10.08% of the company’s stock.
Analysts Set New Price Targets
YPF has been the subject of several research reports. StockNews.com upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a research report on Monday, August 12th. Bank of America upped their target price on shares of YPF Sociedad Anónima from $28.00 to $29.00 and gave the company a “neutral” rating in a report on Wednesday, September 18th. JPMorgan Chase & Co. raised their price target on YPF Sociedad Anónima from $20.50 to $24.00 and gave the stock a “neutral” rating in a report on Wednesday, September 25th. Jefferies Financial Group raised YPF Sociedad Anónima from a “hold” rating to a “buy” rating and upped their price objective for the company from $23.50 to $30.00 in a research note on Friday, August 30th. Finally, The Goldman Sachs Group lifted their target price 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. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $25.94.
YPF Sociedad Anónima Trading Down 0.1 %
Shares of YPF opened at $25.00 on Friday. The company has a 50-day moving average of $22.83 and a two-hundred day moving average of $21.65. YPF Sociedad Anónima has a 12-month low of $9.57 and a 12-month high of $25.89. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.73 and a current ratio of 0.93.
YPF Sociedad Anónima (NYSE:YPF – Get Free Report) last posted its earnings results on Thursday, August 8th. The oil and gas exploration company reported $1.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.90. The firm had revenue of $4.94 billion for the quarter, compared to analyst estimates of $4.59 billion. YPF Sociedad Anónima had a positive return on equity of 22.86% and a negative net margin of 4.57%. As a group, equities research analysts expect that YPF Sociedad Anónima will post 5.34 earnings per share for the current fiscal year.
YPF Sociedad Anónima 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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