Driehaus Capital Management LLC Sells 1,120,049 Shares of YPF Sociedad Anónima (NYSE:YPF)

Driehaus Capital Management LLC lowered its position in shares of YPF Sociedad Anónima (NYSE:YPF - Free Report) by 63.6% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 641,767 shares of the oil and gas exploration company's stock after selling 1,120,049 shares during the quarter. Driehaus Capital Management LLC owned approximately 0.16% of YPF Sociedad Anónima worth $12,912,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Ping Capital Management Inc. acquired a new stake in shares of YPF Sociedad Anónima during the second quarter worth approximately $51,676,000. Marshall Wace LLP increased its holdings in 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 purchasing an additional 932,212 shares in the last quarter. Fourth Sail Capital LP bought a new position in YPF Sociedad Anónima in the 1st quarter valued at $14,576,000. Duquesne Family Office LLC acquired a new position in YPF Sociedad Anónima in the second quarter worth $12,845,000. Finally, Russell Investments Group Ltd. grew its holdings in shares of YPF Sociedad Anónima by 307.2% during the first quarter. Russell Investments Group Ltd. now owns 639,116 shares of the oil and gas exploration company's stock worth $12,655,000 after purchasing an additional 482,178 shares during the last quarter. 10.08% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently issued reports on YPF. JPMorgan Chase & Co. lifted their price target on YPF Sociedad Anónima from $20.50 to $24.00 and gave the company a "neutral" rating in a report on Wednesday. The Goldman Sachs Group upped their target price on shares of YPF Sociedad Anónima from $22.90 to $25.60 and gave the stock a "neutral" rating in a research report on Thursday, July 25th. Jefferies Financial Group raised shares of YPF Sociedad Anónima from a "hold" rating to a "buy" rating and raised their price target for the company from $23.50 to $30.00 in a report on Friday, August 30th. Bank of America upped their price objective on YPF Sociedad Anónima from $28.00 to $29.00 and gave the stock a "neutral" rating in a report on Wednesday, September 18th. Finally, StockNews.com raised YPF Sociedad Anónima from a "hold" rating to a "buy" rating in a research note on Monday, August 12th. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $25.94.

YPF Sociedad Anónima Trading Down 1.7 %

Shares of YPF stock traded down $0.38 during trading hours on Friday, reaching $21.68. The company had a trading volume of 1,681,433 shares, compared to its average volume of 2,107,723. YPF Sociedad Anónima has a 1-year low of $9.57 and a 1-year high of $24.76. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.93 and a quick ratio of 0.73. The firm has a market cap of $8.53 billion, a price-to-earnings ratio of -8.47, a P/E/G ratio of 0.11 and a beta of 1.81. The company has a 50 day moving average of $21.62 and a 200 day moving average of $21.25.

YPF Sociedad Anónima (NYSE:YPF - Get Free Report) last released its quarterly earnings data on Thursday, August 8th. The oil and gas exploration company reported $1.32 EPS for the quarter, beating analysts' consensus estimates of $0.42 by $0.90. The business had revenue of $4.94 billion during the quarter, compared to the consensus estimate of $4.59 billion. YPF Sociedad Anónima had a positive return on equity of 22.86% and a negative net margin of 4.57%. On average, equities research analysts anticipate that YPF Sociedad Anónima will post 5.12 EPS for the current year.

YPF Sociedad Anónima 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.