Murchinson Ltd. Cuts Stake in YPF Sociedad Anónima (NYSE:YPF)

Murchinson Ltd. trimmed its stake in shares of YPF Sociedad Anónima (NYSE:YPF - Free Report) by 50.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 115,839 shares of the oil and gas exploration company's stock after selling 117,036 shares during the period. YPF Sociedad Anónima accounts for 0.7% of Murchinson Ltd.'s holdings, making the stock its 21st biggest position. Murchinson Ltd.'s holdings in YPF Sociedad Anónima were worth $2,457,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Banco Santander S.A. acquired a new stake in shares of YPF Sociedad Anónima during the second quarter valued at about $270,000. Prospera Financial Services Inc increased its position in shares of YPF Sociedad Anónima by 60.8% during the third quarter. Prospera Financial Services Inc now owns 71,251 shares of the oil and gas exploration company's stock valued at $1,511,000 after acquiring an additional 26,936 shares during the last quarter. Squarepoint Ops LLC acquired a new stake in shares of YPF Sociedad Anónima during the second quarter valued at about $6,890,000. Mirabella Financial Services LLP increased its position in shares of YPF Sociedad Anónima by 59.7% during the third quarter. Mirabella Financial Services LLP now owns 128,483 shares of the oil and gas exploration company's stock valued at $2,725,000 after acquiring an additional 48,025 shares during the last quarter. Finally, Marshall Wace LLP increased its position in shares of YPF Sociedad Anónima by 6,194.9% during 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 acquiring an additional 932,212 shares during the last quarter. 10.08% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently commented on YPF. UBS Group reissued a "neutral" rating and issued a $38.00 price objective (up previously from $30.00) on shares of YPF Sociedad Anónima in a research note on Wednesday. Citigroup lowered shares of YPF Sociedad Anónima from a "buy" rating to a "neutral" rating and raised their price objective for the company from $33.00 to $44.00 in a research note on Wednesday, November 27th. JPMorgan Chase & Co. lifted their price target on shares of YPF Sociedad Anónima from $24.00 to $25.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 30th. Bank of America lifted their price target on shares of YPF Sociedad Anónima from $28.00 to $29.00 and gave the stock a "neutral" rating in a research note on Wednesday, September 18th. Finally, StockNews.com downgraded shares of YPF Sociedad Anónima from a "buy" rating to a "hold" rating in a research note on Wednesday. Seven investment analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $30.51.

YPF Sociedad Anónima Stock Performance

YPF stock traded down $1.84 on Wednesday, hitting $38.31. The company's stock had a trading volume of 2,795,383 shares, compared to its average volume of 2,177,899. The firm has a 50 day moving average of $28.56 and a two-hundred day moving average of $23.85. YPF Sociedad Anónima has a 1 year low of $14.53 and a 1 year high of $42.30. The stock has a market cap of $15.07 billion, a price-to-earnings ratio of 19.55, a price-to-earnings-growth ratio of 0.14 and a beta of 1.94. The company has a current ratio of 0.88, a quick ratio of 0.68 and a debt-to-equity ratio of 0.59.

About YPF Sociedad Anónima

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.