ABS Direct Equity Fund LLC acquired a new stake in YPF Sociedad Anónima (NYSE:YPF - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 15,000 shares of the oil and gas exploration company's stock, valued at approximately $318,000.
A number of other hedge funds have also recently modified their holdings of YPF. Blue Trust Inc. purchased a new position in shares of YPF Sociedad Anónima during the second quarter valued at about $26,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of YPF Sociedad Anónima during the second quarter valued at about $63,000. Activest Wealth Management purchased a new position in shares of YPF Sociedad Anónima during the third quarter valued at about $144,000. SG Americas Securities LLC purchased a new position in shares of YPF Sociedad Anónima during the second quarter valued at about $185,000. Finally, Deltec Asset Management LLC purchased a new position in shares of YPF Sociedad Anónima during the third quarter valued at about $201,000. Hedge funds and other institutional investors own 10.08% of the company's stock.
YPF Sociedad Anónima Stock Performance
YPF stock traded up $0.13 during midday trading on Tuesday, reaching $40.64. 1,548,663 shares of the company's stock traded hands, compared to its average volume of 2,182,057. YPF Sociedad Anónima has a 52-week low of $14.53 and a 52-week high of $42.30. The stock has a market cap of $15.98 billion, a P/E ratio of 20.53, a PEG ratio of 0.13 and a beta of 1.93. The company has a current ratio of 0.88, a quick ratio of 0.68 and a debt-to-equity ratio of 0.59. The stock's 50-day moving average is $30.32 and its 200 day moving average is $24.45.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on the stock. UBS Group reiterated a "neutral" rating and set a $38.00 price target (up previously from $30.00) on shares of YPF Sociedad Anónima in a research report on Wednesday, December 4th. Citigroup lowered shares of YPF Sociedad Anónima from a "buy" rating to a "neutral" rating and boosted their price objective for the stock from $33.00 to $44.00 in a research note on Wednesday, November 27th. Bank of America raised shares of YPF Sociedad Anónima from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $31.00 to $55.00 in a research note on Monday. Jefferies Financial Group raised shares of YPF Sociedad Anónima from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $23.50 to $30.00 in a research note on Friday, August 30th. Finally, StockNews.com lowered shares of YPF Sociedad Anónima from a "buy" rating to a "hold" rating in a research note on Wednesday, December 4th. Six investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $34.23.
Read Our Latest Research Report on YPF Sociedad Anónima
YPF Sociedad Anónima Profile
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Free Report)
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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