Lord Abbett & CO. LLC Acquires New Shares in YPF Sociedad Anónima (NYSE:YPF)

Lord Abbett & CO. LLC acquired a new position in shares of YPF Sociedad Anónima (NYSE:YPF - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 587,000 shares of the oil and gas exploration company's stock, valued at approximately $24,953,000. Lord Abbett & CO. LLC owned approximately 0.15% of YPF Sociedad Anónima at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of YPF. JPMorgan Chase & Co. boosted its holdings in shares of YPF Sociedad Anónima by 1,119.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 250,550 shares of the oil and gas exploration company's stock worth $5,314,000 after acquiring an additional 230,001 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of YPF Sociedad Anónima by 130.3% in the 4th quarter. GAMMA Investing LLC now owns 2,211 shares of the oil and gas exploration company's stock worth $94,000 after acquiring an additional 1,251 shares in the last quarter. Systrade AG boosted its holdings in shares of YPF Sociedad Anónima by 80.0% in the 4th quarter. Systrade AG now owns 45,000 shares of the oil and gas exploration company's stock worth $1,913,000 after acquiring an additional 20,000 shares in the last quarter. Legal Advantage Investments Inc. acquired a new position in shares of YPF Sociedad Anónima in the 4th quarter worth approximately $213,000. Finally, DGS Capital Management LLC acquired a new position in shares of YPF Sociedad Anónima in the 4th quarter worth approximately $206,000. Institutional investors and hedge funds own 10.08% of the company's stock.

YPF Sociedad Anónima Trading Down 1.0 %

Shares of YPF stock traded down $0.31 during trading hours on Tuesday, reaching $31.14. The company had a trading volume of 918,171 shares, compared to its average volume of 2,110,149. The company has a 50 day moving average of $33.36 and a 200 day moving average of $35.85. 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 firm has a market cap of $12.25 billion, a price-to-earnings ratio of 15.73, a P/E/G ratio of 0.18 and a beta of 1.58. YPF Sociedad Anónima has a 1-year low of $16.18 and a 1-year high of $47.43.

YPF Sociedad Anónima (NYSE:YPF - Get Free Report) last posted its quarterly earnings results on Friday, March 7th. The oil and gas exploration company reported ($0.74) earnings per share for the quarter, missing analysts' consensus estimates of $0.51 by ($1.25). The company had revenue of $4.75 billion during the quarter, compared to analyst estimates of $4.86 billion. YPF Sociedad Anónima had a net margin of 4.15% and a return on equity of 32.76%. On average, equities research analysts anticipate that YPF Sociedad Anónima will post 7.25 EPS for the current year.

Analyst Ratings Changes

Several research analysts have issued reports on the company. JPMorgan Chase & Co. raised YPF Sociedad Anónima from a "neutral" rating to an "overweight" rating and upped their price objective for the stock from $25.00 to $59.50 in a report on Friday, January 10th. HSBC raised YPF Sociedad Anónima from a "reduce" rating to a "hold" rating and upped their price objective for the stock from $21.00 to $33.00 in a report on Monday, April 14th. StockNews.com downgraded YPF Sociedad Anónima from a "buy" rating to a "hold" rating in a report on Tuesday, March 18th. Finally, Hsbc Global Res raised YPF Sociedad Anónima to a "hold" rating in a report on Monday, April 14th. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, YPF Sociedad Anónima presently has a consensus rating of "Hold" and an average target price of $40.73.

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.