YPF Sociedad Anónima (NYSE:YPF) Shares Gap Down – Here’s Why

YPF Sociedad Anónima (NYSE:YPF) gapped down prior to trading on Tuesday . The stock had previously closed at $37.22, but opened at $35.65. YPF Sociedad Anónima shares last traded at $37.14, with a volume of 479,628 shares trading hands.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Citigroup downgraded YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and upped their price target for the stock from $33.00 to $44.00 in a research report on Wednesday, November 27th. StockNews.com raised shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a research report on Monday, January 20th. Bank of America upgraded YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and raised their price objective for the company from $31.00 to $55.00 in a report on Monday, December 9th. JPMorgan Chase & Co. upgraded YPF Sociedad Anónima from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $25.00 to $59.50 in a report on Friday, January 10th. Finally, UBS Group reissued a “neutral” rating and set a $38.00 price target (up from $30.00) on shares of YPF Sociedad Anónima in a research report on Wednesday, December 4th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, YPF Sociedad Anónima currently has a consensus rating of “Moderate Buy” and an average target price of $39.16.

YPF Sociedad Anónima Stock Performance

The company has a market capitalization of $15.07 billion, a P/E ratio of 19.35, a PEG ratio of 0.18 and a beta of 1.88. The stock’s fifty day moving average price is $41.62 and its 200-day moving average price is $31.94. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.68 and a current ratio of 0.88.

Institutional Trading of YPF Sociedad Anónima

Several institutional investors and hedge funds have recently bought and sold shares of YPF. Blue Trust Inc. boosted its stake in shares of YPF Sociedad Anónima by 58.4% during the 3rd quarter. Blue Trust Inc. now owns 2,091 shares of the oil and gas exploration company’s stock worth $42,000 after acquiring an additional 771 shares during the period. Assenagon Asset Management S.A. lifted its holdings in YPF Sociedad Anónima by 1,685.6% during the 3rd quarter. Assenagon Asset Management S.A. now owns 312,293 shares of the oil and gas exploration company’s stock valued at $6,624,000 after purchasing an additional 294,803 shares during the last quarter. Deltec Asset Management LLC bought a new position in YPF Sociedad Anónima during the third quarter worth $201,000. Diversify Wealth Management LLC increased its holdings in shares of YPF Sociedad Anónima by 4.8% in the third quarter. Diversify Wealth Management LLC now owns 57,330 shares of the oil and gas exploration company’s stock valued at $1,216,000 after purchasing an additional 2,608 shares during the last quarter. Finally, Aigen Investment Management LP increased its holdings in shares of YPF Sociedad Anónima by 105.2% in the third quarter. Aigen Investment Management LP now owns 29,783 shares of the oil and gas exploration company’s stock valued at $632,000 after purchasing an additional 15,266 shares during the last quarter. Institutional investors own 10.08% of the company’s stock.

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.