YPF Sociedad Anónima (NYSE:YPF) Shares Gap Up – What’s Next?

Shares of YPF Sociedad Anónima (NYSE:YPF) gapped up prior to trading on Monday . The stock had previously closed at $40.03, but opened at $42.00. YPF Sociedad Anónima shares last traded at $42.07, with a volume of 405,752 shares trading hands.

Analyst Upgrades and Downgrades

YPF has been the subject of a number of research reports. Bank of America upped their price target on shares of YPF Sociedad Anónima from $28.00 to $29.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 18th. StockNews.com upgraded YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a research note on Tuesday. JPMorgan Chase & Co. boosted their price target on YPF Sociedad Anónima from $24.00 to $25.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. Jefferies Financial Group raised shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and increased their price objective for the company from $23.50 to $30.00 in a research report on Friday, August 30th. Finally, Citigroup upgraded shares of YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $24.00 to $33.00 in a research note on Friday, November 1st. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, YPF Sociedad Anónima presently has a consensus rating of “Moderate Buy” and an average target price of $27.37.

YPF Sociedad Anónima Price Performance

The company has a debt-to-equity ratio of 0.59, a current ratio of 0.88 and a quick ratio of 0.68. The business’s 50-day moving average price is $26.57 and its two-hundred day moving average price is $23.14. The firm has a market cap of $15.75 billion, a price-to-earnings ratio of 20.22, a P/E/G ratio of 0.13 and a beta of 1.78.

Hedge Funds Weigh In On YPF Sociedad Anónima

Several large investors have recently modified their holdings of the stock. Ping Capital Management Inc. acquired a new stake in shares of YPF Sociedad Anónima during the second quarter worth $51,676,000. Marshall Wace LLP grew its position in shares of YPF Sociedad Anónima by 6,194.9% during the 2nd quarter. Marshall Wace LLP now owns 947,260 shares of the oil and gas exploration company’s stock valued at $19,059,000 after buying an additional 932,212 shares during the last quarter. Duquesne Family Office LLC acquired a new stake in YPF Sociedad Anónima during the second quarter worth about $12,845,000. Squarepoint Ops LLC bought a new position in YPF Sociedad Anónima in the second quarter worth about $6,890,000. Finally, Assenagon Asset Management S.A. boosted its stake in YPF Sociedad Anónima by 1,685.6% in the third 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 acquiring an additional 294,803 shares during the period. 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.