Dorsey Wright & Associates lifted its stake in shares of YPF Sociedad Anónima (NYSE:YPF - Free Report) by 12.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 258,432 shares of the oil and gas exploration company's stock after buying an additional 28,617 shares during the quarter. YPF Sociedad Anónima makes up about 1.3% of Dorsey Wright & Associates' investment portfolio, making the stock its 20th largest holding. Dorsey Wright & Associates owned approximately 0.07% of YPF Sociedad Anónima worth $5,481,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also made changes to their positions in the stock. Ping Capital Management Inc. acquired a new position in YPF Sociedad Anónima in the second quarter worth $51,676,000. Marshall Wace LLP boosted its holdings in YPF Sociedad Anónima by 6,194.9% in the second quarter. Marshall Wace LLP now owns 947,260 shares of the oil and gas exploration company's stock worth $19,059,000 after purchasing an additional 932,212 shares during the period. Duquesne Family Office LLC acquired a new position in YPF Sociedad Anónima in the second quarter worth $12,845,000. Squarepoint Ops LLC acquired a new position in YPF Sociedad Anónima in the second quarter worth $6,890,000. Finally, Assenagon Asset Management S.A. boosted its holdings 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 worth $6,624,000 after purchasing an additional 294,803 shares during the period. Institutional investors and hedge funds own 10.08% of the company's stock.
YPF Sociedad Anónima Stock Performance
Shares of NYSE YPF traded up $0.41 during midday trading on Friday, reaching $38.87. 2,355,127 shares of the company traded hands, compared to its average volume of 3,168,954. YPF Sociedad Anónima has a 52 week low of $14.53 and a 52 week high of $42.30. The stock has a 50-day moving average price of $29.55 and a 200 day moving average price of $24.18. 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 company has a market cap of $15.29 billion, a price-to-earnings ratio of 19.63, a PEG ratio of 0.13 and a beta of 1.94.
Analyst Ratings Changes
A number of equities analysts have commented on YPF shares. StockNews.com downgraded shares of YPF Sociedad Anónima from a "buy" rating to a "hold" rating in a report on Wednesday. Bank of America raised their target price on YPF Sociedad Anónima from $28.00 to $29.00 and gave the company a "neutral" rating in a research note on Wednesday, September 18th. Jefferies Financial Group upgraded YPF Sociedad Anónima from a "hold" rating to a "buy" rating and raised their target price for the company from $23.50 to $30.00 in a research note on Friday, August 30th. JPMorgan Chase & Co. raised their target price on YPF Sociedad Anónima from $24.00 to $25.00 and gave the company a "neutral" rating in a research note on Wednesday, October 30th. Finally, UBS Group reiterated a "neutral" rating and issued a $38.00 target price (up from $30.00) on shares of YPF Sociedad Anónima in a research note on Wednesday. Seven investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $30.51.
View Our Latest Research Report on YPF
YPF Sociedad Anónima Company Profile
(
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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