TT International Asset Management LTD lowered its stake in shares of YPF Sociedad Anónima (NYSE:YPF - Free Report) by 14.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,128,442 shares of the oil and gas exploration company's stock after selling 852,086 shares during the period. YPF Sociedad Anónima comprises 13.3% of TT International Asset Management LTD's portfolio, making the stock its largest holding. TT International Asset Management LTD owned 1.30% of YPF Sociedad Anónima worth $108,774,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also recently added to or reduced their stakes in the company. SG Americas Securities LLC purchased a new stake in shares of YPF Sociedad Anónima in the second quarter valued at about $185,000. Blue Trust Inc. purchased a new position in shares of YPF Sociedad Anónima during the second quarter valued at approximately $26,000. Banco Santander S.A. purchased a new position in YPF Sociedad Anónima during the second quarter worth approximately $270,000. Strategic Financial Concepts LLC purchased a new position in YPF Sociedad Anónima during the second quarter worth approximately $618,000. Finally, LSV Asset Management raised its stake in YPF Sociedad Anónima by 34.7% during the second quarter. LSV Asset Management now owns 176,000 shares of the oil and gas exploration company's stock worth $3,541,000 after purchasing an additional 45,300 shares during the period. Hedge funds and other institutional investors own 10.08% of the company's stock.
YPF Sociedad Anónima Stock Performance
Shares of YPF Sociedad Anónima stock traded up $1.44 during trading hours on Wednesday, reaching $42.09. The company's stock had a trading volume of 1,243,050 shares, compared to its average volume of 2,177,786. The company's 50 day simple moving average is $30.32 and its 200 day simple moving average is $24.45. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.68 and a current ratio of 0.88. YPF Sociedad Anónima has a one year low of $14.53 and a one year high of $42.30. The stock has a market cap of $16.55 billion, a P/E ratio of 20.53, a price-to-earnings-growth ratio of 0.13 and a beta of 1.93.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on YPF shares. UBS Group reaffirmed a "neutral" rating and set a $38.00 price target (up previously from $30.00) on shares of YPF Sociedad Anónima in a research note on Wednesday, December 4th. Jefferies Financial Group raised shares of YPF Sociedad Anónima from a "hold" rating to a "buy" rating and increased their price objective for the stock from $23.50 to $30.00 in a research report on Friday, August 30th. JPMorgan Chase & Co. increased their price objective on shares of YPF Sociedad Anónima from $24.00 to $25.00 and gave the stock a "neutral" rating in a research report on Wednesday, October 30th. Citigroup lowered shares of YPF Sociedad Anónima from a "buy" rating to a "neutral" rating and increased their price objective for the stock from $33.00 to $44.00 in a research report on Wednesday, November 27th. Finally, Bank of America raised shares of YPF Sociedad Anónima from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $31.00 to $55.00 in a research report on Monday. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, YPF Sociedad Anónima currently has a consensus rating of "Hold" and an average price target of $34.23.
Get Our Latest Analysis on YPF
YPF Sociedad Anónima Profile
(
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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