JPMorgan Chase & Co. Raises Stock Position in YPF Sociedad Anónima (NYSE:YPF)

JPMorgan Chase & Co. raised its stake in shares of YPF Sociedad Anónima (NYSE:YPF - Free Report) by 1,119.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 250,550 shares of the oil and gas exploration company's stock after purchasing an additional 230,001 shares during the period. JPMorgan Chase & Co. owned 0.06% of YPF Sociedad Anónima worth $5,314,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of YPF. Blue Trust Inc. grew 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 valued at $42,000 after acquiring an additional 771 shares during the period. Activest Wealth Management purchased a new position in YPF Sociedad Anónima during the third quarter valued at approximately $144,000. Deltec Asset Management LLC bought a new position in shares of YPF Sociedad Anónima in the third quarter worth approximately $201,000. Dark Forest Capital Management LP purchased a new stake in shares of YPF Sociedad Anónima in the second quarter worth $263,000. Finally, ABS Direct Equity Fund LLC purchased a new stake in shares of YPF Sociedad Anónima in the third quarter worth $318,000. Hedge funds and other institutional investors own 10.08% of the company's stock.

YPF Sociedad Anónima Price Performance

YPF Sociedad Anónima stock traded down $1.81 during midday trading on Friday, reaching $42.01. 2,048,884 shares of the stock traded hands, compared to its average volume of 2,571,317. The stock has a market cap of $16.52 billion, a P/E ratio of 21.23, a PEG ratio of 0.21 and a beta of 1.91. The stock's fifty day moving average is $40.55 and its 200-day moving average is $28.66. The company has a quick ratio of 0.68, a current ratio of 0.88 and a debt-to-equity ratio of 0.59. YPF Sociedad Anónima has a 12 month low of $14.90 and a 12 month high of $47.43.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on YPF. JPMorgan Chase & Co. raised shares of 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. Bank of America raised YPF Sociedad Anónima from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $31.00 to $55.00 in a research note on Monday, December 9th. UBS Group reiterated a "neutral" rating and set a $38.00 target price (up previously from $30.00) on shares of YPF Sociedad Anónima in a research report on Wednesday, December 4th. StockNews.com cut YPF Sociedad Anónima from a "buy" rating to a "hold" rating in a report on Sunday, January 12th. Finally, Citigroup lowered shares of YPF Sociedad Anónima from a "buy" rating to a "neutral" rating and increased their price objective for the company from $33.00 to $44.00 in a report on Wednesday, November 27th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $39.16.

About YPF Sociedad Anónima

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.