Glenorchy Capital Ltd reduced its position in shares of YPF Sociedad Anónima (NYSE:YPF - Free Report) by 37.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 114,978 shares of the oil and gas exploration company's stock after selling 69,799 shares during the period. YPF Sociedad Anónima comprises about 0.8% of Glenorchy Capital Ltd's investment portfolio, making the stock its 21st biggest position. Glenorchy Capital Ltd's holdings in YPF Sociedad Anónima were worth $2,439,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ping Capital Management Inc. bought a new stake in YPF Sociedad Anónima during the 2nd quarter worth about $51,676,000. Marshall Wace LLP increased its holdings in shares of 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 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 worth approximately $14,576,000. Duquesne Family Office LLC acquired a new position in YPF Sociedad Anónima during the 2nd quarter worth $12,845,000. Finally, Russell Investments Group Ltd. boosted its position in YPF Sociedad Anónima by 307.2% in the 1st quarter. Russell Investments Group Ltd. now owns 639,116 shares of the oil and gas exploration company's stock valued at $12,655,000 after buying an additional 482,178 shares during the last quarter. 10.08% of the stock is currently owned by institutional investors and hedge funds.
YPF Sociedad Anónima Stock Performance
YPF stock traded down $0.02 during midday trading on Friday, reaching $25.00. 1,151,681 shares of the company were exchanged, compared to its average volume of 1,674,847. The business has a 50-day moving average price of $22.83 and a two-hundred day moving average price of $21.65. 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 capitalization of $9.83 billion, a price-to-earnings ratio of -11.90, a price-to-earnings-growth ratio of 0.11 and a beta of 1.81. YPF Sociedad Anónima has a one year low of $9.57 and a one year high of $25.89.
YPF Sociedad Anónima (NYSE:YPF - Get Free Report) last announced its earnings results on Thursday, August 8th. The oil and gas exploration company reported $1.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.42 by $0.90. YPF Sociedad Anónima had a negative net margin of 4.57% and a positive return on equity of 22.86%. The firm had revenue of $4.94 billion for the quarter, compared to analyst estimates of $4.59 billion. Equities research analysts forecast that YPF Sociedad Anónima will post 5.34 EPS for the current year.
Analysts Set New Price Targets
YPF has been the topic of several recent research reports. Bank of America raised their target price on shares of YPF Sociedad Anónima from $28.00 to $29.00 and gave the company a "neutral" rating in a research note on Wednesday, September 18th. The Goldman Sachs Group lifted their target price on shares of YPF Sociedad Anónima from $22.90 to $25.60 and gave the stock a "neutral" rating in a report on Thursday, July 25th. StockNews.com raised YPF Sociedad Anónima from a "hold" rating to a "buy" rating in a research note on Monday, August 12th. JPMorgan Chase & Co. raised their price target on YPF Sociedad Anónima from $20.50 to $24.00 and gave the stock a "neutral" rating in a research report on Wednesday, September 25th. Finally, Jefferies Financial Group upgraded YPF Sociedad Anónima from a "hold" rating to a "buy" rating and upped their price objective for the company from $23.50 to $30.00 in a report on Friday, August 30th. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, YPF Sociedad Anónima has a consensus rating of "Hold" and an average target price of $25.94.
Check Out 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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