Quantbot Technologies LP lowered its stake in shares of YPF Sociedad Anónima (NYSE:YPF - Free Report) by 29.0% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 79,161 shares of the oil and gas exploration company's stock after selling 32,295 shares during the period. Quantbot Technologies LP's holdings in YPF Sociedad Anónima were worth $1,679,000 as of its most recent filing with the SEC.
Other institutional investors have also added to or reduced their stakes in the company. Blue Trust Inc. acquired a new stake in YPF Sociedad Anónima during the second quarter worth $26,000. Ashton Thomas Private Wealth LLC bought a new position in shares of YPF Sociedad Anónima during the 2nd quarter worth approximately $63,000. Activest Wealth Management bought a new stake in YPF Sociedad Anónima in the third quarter valued at $144,000. SG Americas Securities LLC bought a new stake in shares of YPF Sociedad Anónima in the 2nd quarter worth about $185,000. Finally, Deltec Asset Management LLC bought a new stake in YPF Sociedad Anónima during the third quarter worth about $201,000. 10.08% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research firms recently commented on YPF. Citigroup lowered YPF Sociedad Anónima from a "buy" rating to a "neutral" rating and increased their price target for the stock from $33.00 to $44.00 in a research report on Wednesday. Bank of America upped their target price on shares of YPF Sociedad Anónima from $28.00 to $29.00 and gave the stock a "neutral" rating in a research report on Wednesday, September 18th. StockNews.com raised shares of YPF Sociedad Anónima from a "hold" rating to a "buy" rating in a research note on Tuesday. Jefferies Financial Group raised YPF Sociedad Anónima from a "hold" rating to a "buy" rating and upped their price objective for the stock from $23.50 to $30.00 in a report on Friday, August 30th. Finally, JPMorgan Chase & Co. lifted their target price on YPF Sociedad Anónima from $24.00 to $25.00 and gave the company a "neutral" rating in a research note on Wednesday, October 30th. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, YPF Sociedad Anónima presently has an average rating of "Hold" and a consensus target price of $28.94.
Read Our Latest Analysis on YPF
YPF Sociedad Anónima Price Performance
YPF opened at $40.25 on Friday. The company has a fifty day simple moving average of $27.86 and a 200 day simple moving average of $23.61. The company has a quick ratio of 0.68, a current ratio of 0.88 and a debt-to-equity ratio of 0.59. The stock has a market cap of $15.83 billion, a P/E ratio of 20.33, a P/E/G ratio of 0.14 and a beta of 1.78. YPF Sociedad Anónima has a 12 month low of $14.53 and a 12 month high of $42.30.
About YPF Sociedad Anónima
(
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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