TT International Asset Management LTD reduced its position in YPF Sociedad Anónima (NYSE:YPF - Free Report) by 75.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,252,448 shares of the oil and gas exploration company's stock after selling 3,875,994 shares during the quarter. YPF Sociedad Anónima comprises approximately 7.8% of TT International Asset Management LTD's portfolio, making the stock its 4th biggest position. TT International Asset Management LTD owned approximately 0.32% of YPF Sociedad Anónima worth $53,241,000 at the end of the most recent quarter.
A number of other hedge funds have also modified their holdings of the business. GAMMA Investing LLC increased its position in 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 valued at $94,000 after acquiring an additional 1,251 shares during the period. JPMorgan Chase & Co. grew its stake 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 valued at $5,314,000 after purchasing an additional 230,001 shares during the last quarter. ABS Direct Equity Fund LLC acquired a new position in shares of YPF Sociedad Anónima in the third quarter valued at approximately $318,000. Dorsey Wright & Associates increased its holdings in shares of YPF Sociedad Anónima by 12.5% in the third quarter. Dorsey Wright & Associates now owns 258,432 shares of the oil and gas exploration company's stock valued at $5,481,000 after purchasing an additional 28,617 shares during the period. Finally, Insigneo Advisory Services LLC raised its stake in shares of YPF Sociedad Anónima by 6.7% during the third quarter. Insigneo Advisory Services LLC now owns 47,348 shares of the oil and gas exploration company's stock worth $1,004,000 after purchasing an additional 2,992 shares during the last quarter. 10.08% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
YPF has been the topic of a number of analyst reports. Citigroup lowered shares of YPF Sociedad Anónima from a "buy" rating to a "neutral" rating and lifted their price objective for the company from $33.00 to $44.00 in a research report on Wednesday, November 27th. JPMorgan Chase & Co. upgraded shares of YPF Sociedad Anónima from a "neutral" rating to an "overweight" rating and boosted their price target for the stock from $25.00 to $59.50 in a research note on Friday. UBS Group restated a "neutral" rating and issued a $38.00 price objective (up previously from $30.00) on shares of YPF Sociedad Anónima in a research report on Wednesday, December 4th. StockNews.com cut YPF Sociedad Anónima from a "buy" rating to a "hold" rating in a research report on Sunday. Finally, Bank of America raised YPF Sociedad Anónima from a "neutral" rating to a "buy" rating and increased their target price for the stock from $31.00 to $55.00 in a research note on Monday, December 9th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $39.16.
Get Our Latest Stock Analysis on YPF Sociedad Anónima
YPF Sociedad Anónima Price Performance
YPF Sociedad Anónima stock traded down $1.24 during mid-day trading on Monday, reaching $44.61. The company had a trading volume of 1,993,626 shares, compared to its average volume of 2,862,729. The stock's 50-day simple moving average is $39.21 and its 200-day simple moving average is $28.10. YPF Sociedad Anónima has a 1 year low of $14.53 and a 1 year high of $47.43. 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 company has a market capitalization of $17.55 billion, a P/E ratio of 22.53, a P/E/G ratio of 0.13 and a beta of 1.91.
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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