YPF Sociedad Anónima (NYSE:YPF – Get Free Report)’s share price traded up 4.6% during trading on Tuesday . The company traded as high as $37.61 and last traded at $37.83. 388,951 shares were traded during trading, a decline of 81% from the average session volume of 2,009,075 shares. The stock had previously closed at $36.17.
Wall Street Analyst Weigh In
Several research firms have commented on YPF. JPMorgan Chase & Co. upgraded shares of YPF Sociedad Anónima from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $25.00 to $59.50 in a report on Friday, January 10th. StockNews.com lowered shares of YPF Sociedad Anónima from a “buy” rating to a “hold” rating in a research note on Tuesday, March 18th. UBS Group restated a “neutral” rating and issued a $38.00 price objective (up previously from $30.00) on shares of YPF Sociedad Anónima in a research note on Wednesday, December 4th. Bank of America upgraded YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $31.00 to $55.00 in a research report on Monday, December 9th. Finally, Citigroup cut YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and upped their target price for the company from $33.00 to $44.00 in a research report on Wednesday, November 27th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $42.02.
Check Out Our Latest Research Report on YPF
YPF Sociedad Anónima Stock Performance
YPF Sociedad Anónima (NYSE:YPF – Get Free Report) last released its earnings results on Friday, March 7th. The oil and gas exploration company reported ($0.74) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.51 by ($1.25). YPF Sociedad Anónima had a net margin of 4.15% and a return on equity of 32.76%. The company had revenue of $4.75 billion during the quarter, compared to analyst estimates of $4.86 billion. On average, equities analysts forecast that YPF Sociedad Anónima will post 7.25 EPS for the current year.
Institutional Trading of YPF Sociedad Anónima
Several hedge funds have recently made changes to their positions in YPF. Canada Pension Plan Investment Board purchased a new position in YPF Sociedad Anónima during the fourth quarter worth about $89,009,000. Duquesne Family Office LLC lifted its holdings in shares of YPF Sociedad Anónima by 292.4% in the 4th quarter. Duquesne Family Office LLC now owns 1,687,716 shares of the oil and gas exploration company’s stock valued at $71,745,000 after buying an additional 1,257,616 shares during the period. William Blair Investment Management LLC purchased a new stake in shares of YPF Sociedad Anónima in the fourth quarter valued at approximately $45,664,000. BNP Paribas Financial Markets grew its holdings in YPF Sociedad Anónima by 2,092.6% during the fourth quarter. BNP Paribas Financial Markets now owns 945,959 shares of the oil and gas exploration company’s stock worth $40,213,000 after acquiring an additional 902,815 shares during the period. Finally, JPMorgan Chase & Co. raised its position in YPF Sociedad Anónima by 335.6% in the fourth quarter. JPMorgan Chase & Co. now owns 1,091,392 shares of the oil and gas exploration company’s stock worth $46,395,000 after acquiring an additional 840,842 shares in the last quarter. Institutional investors and hedge funds 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.
Featured Stories
- Five stocks we like better than YPF Sociedad Anónima
- Health Care Stocks Explained: Why You Might Want to Invest
- Innovation Incubators: Survey of Entrepreneurs Reveals The Cities Most Supportive of Startups
- What is a Bond Market Holiday? How to Invest and Trade
- NVIDIA Insiders Sell: This Is What It Means for the Market
- Golden Cross Stocks: Pattern, Examples and Charts
- Space Stocks Bottoming: Which Are Positioned Best for a Bounce?
Receive News & Ratings for YPF Sociedad Anónima Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for YPF Sociedad Anónima and related companies with MarketBeat.com's FREE daily email newsletter.