YPF Sociedad Anónima (NYSE:YPF) Stock Price Down 5.5% - Here's What Happened

YPF Sociedad Anónima (NYSE:YPF - Get Free Report)'s share price dropped 5.5% on Tuesday . The stock traded as low as $36.71 and last traded at $35.92. Approximately 115,717 shares traded hands during mid-day trading, a decline of 95% from the average daily volume of 2,227,770 shares. The stock had previously closed at $38.00.

Analysts Set New Price Targets

YPF has been the subject of several analyst reports. StockNews.com upgraded YPF Sociedad Anónima from a "hold" rating to a "buy" rating in a research report on Monday, January 20th. JPMorgan Chase & Co. upgraded shares of YPF Sociedad Anónima from a "neutral" rating to an "overweight" rating and lifted their price target for the company from $25.00 to $59.50 in a research report on Friday, January 10th. Bank of America upgraded shares of YPF Sociedad Anónima from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $31.00 to $55.00 in a report on Monday, December 9th. UBS Group reiterated a "neutral" rating and issued a $38.00 target price (up previously from $30.00) on shares of YPF Sociedad Anónima in a report on Wednesday, December 4th. Finally, Citigroup lowered YPF Sociedad Anónima from a "buy" rating to a "neutral" rating and raised their price target for the stock from $33.00 to $44.00 in a research report on Wednesday, November 27th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, YPF Sociedad Anónima presently has a consensus rating of "Moderate Buy" and an average target price of $39.16.

YPF Sociedad Anónima Price Performance

The company's 50-day simple moving average is $41.87 and its 200 day simple moving average is $31.65. The company has a market cap of $14.64 billion, a PE ratio of 18.79, a PEG ratio of 0.18 and a beta of 1.88. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.68 and a current ratio of 0.88.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Blue Trust Inc. raised its stake in YPF Sociedad Anónima by 16.1% during the 4th quarter. Blue Trust Inc. now owns 2,427 shares of the oil and gas exploration company's stock worth $103,000 after acquiring an additional 336 shares in the last quarter. Advisors Preferred LLC purchased a new stake in YPF Sociedad Anónima in the fourth quarter valued at approximately $44,000. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of YPF Sociedad Anónima by 41.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,829 shares of the oil and gas exploration company's stock valued at $163,000 after acquiring an additional 1,119 shares during the period. GAMMA Investing LLC grew its position in shares of YPF Sociedad Anónima by 130.3% during the fourth quarter. GAMMA Investing LLC now owns 2,211 shares of the oil and gas exploration company's stock worth $94,000 after acquiring an additional 1,251 shares during the last quarter. Finally, LPL Financial LLC increased its holdings in shares of YPF Sociedad Anónima by 11.4% in the 4th quarter. LPL Financial LLC now owns 21,570 shares of the oil and gas exploration company's stock valued at $917,000 after acquiring an additional 2,215 shares during the period. 10.08% of the stock is currently owned by hedge funds and other institutional investors.

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.