Assenagon Asset Management S.A. Buys 294,803 Shares of YPF Sociedad Anónima (NYSE:YPF)

Assenagon Asset Management S.A. lifted its position in YPF Sociedad Anónima (NYSE:YPF - Free Report) by 1,685.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 312,293 shares of the oil and gas exploration company's stock after buying an additional 294,803 shares during the period. Assenagon Asset Management S.A. owned about 0.08% of YPF Sociedad Anónima worth $6,624,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Blue Trust Inc. bought a new stake in shares of YPF Sociedad Anónima during the second quarter worth $26,000. Transcendent Capital Group LLC acquired a new position in shares of YPF Sociedad Anónima during the first quarter worth about $28,000. Ashton Thomas Private Wealth LLC bought a new position in shares of YPF Sociedad Anónima during the second quarter worth about $63,000. Headlands Technologies LLC acquired a new stake in YPF Sociedad Anónima in the 1st quarter valued at approximately $113,000. Finally, SG Americas Securities LLC acquired a new stake in YPF Sociedad Anónima in the 2nd quarter valued at approximately $185,000. Institutional investors and hedge funds own 10.08% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Jefferies Financial Group upgraded shares of YPF Sociedad Anónima from a "hold" rating to a "buy" rating and lifted their price objective for the company from $23.50 to $30.00 in a report on Friday, August 30th. JPMorgan Chase & Co. boosted their price target on shares of YPF Sociedad Anónima from $20.50 to $24.00 and gave the stock a "neutral" rating in a research report on Wednesday, September 25th. StockNews.com cut YPF Sociedad Anónima from a "buy" rating to a "hold" rating in a report on Monday, October 21st. Bank of America upped their target price 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, The Goldman Sachs Group boosted their price target on YPF Sociedad Anónima from $22.90 to $25.60 and gave the stock a "neutral" rating in a research report on Thursday, July 25th. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $25.94.

YPF Sociedad Anónima Stock Performance

Shares of YPF stock traded down $0.67 during trading on Tuesday, reaching $24.84. 1,503,979 shares of the company's stock were exchanged, compared to its average volume of 2,069,493. YPF Sociedad Anónima has a twelve month low of $9.57 and a twelve month high of $26.00. The firm's fifty day moving average price is $23.23 and its 200-day moving average price is $21.81. The company has a quick ratio of 0.73, a current ratio of 0.93 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of $9.77 billion, a PE ratio of -11.83, a PEG ratio of 0.11 and a beta of 1.81.

YPF Sociedad Anónima (NYSE:YPF - Get Free Report) last issued its quarterly earnings data on Thursday, August 8th. The oil and gas exploration company reported $1.32 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.90. The company had revenue of $4.94 billion for the quarter, compared to analyst estimates of $4.59 billion. YPF Sociedad Anónima had a negative net margin of 4.57% and a positive return on equity of 22.86%. As a group, sell-side analysts anticipate that YPF Sociedad Anónima will post 5.34 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.