YPF Sociedad Anónima (NYSE:YPF) Cut to Neutral at Citigroup

Citigroup cut shares of YPF Sociedad Anónima (NYSE:YPF) from a buy rating to a neutral rating in a report published on Wednesday morning, Marketbeat.com reports. They currently have $24.00 price objective on the oil and gas exploration company’s stock, up from their previous price objective of $20.00.

Other analysts also recently issued research reports about the company. UBS Group upgraded YPF Sociedad Anónima from a neutral rating to a buy rating and upped their target price for the stock from $18.00 to $27.00 in a research note on Thursday, February 22nd. StockNews.com downgraded YPF Sociedad Anónima from a buy rating to a hold rating in a research note on Tuesday. Finally, Morgan Stanley upgraded YPF Sociedad Anónima from an underweight rating to an equal weight rating and upped their target price for the stock from $10.50 to $22.00 in a research note on Thursday, March 21st. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, YPF Sociedad Anónima has an average rating of Hold and a consensus target price of $20.58.

YPF Sociedad Anónima Stock Up 1.4 %

YPF Sociedad Anónima stock opened at $19.34 on Wednesday. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.56 and a current ratio of 0.90. The business’s 50-day simple moving average is $18.89 and its two-hundred day simple moving average is $16.14. The company has a market cap of $7.61 billion, a PE ratio of -5.77 and a beta of 1.90. YPF Sociedad Anónima has a fifty-two week low of $9.57 and a fifty-two week high of $22.27.

YPF Sociedad Anónima (NYSE:YPF) last posted its quarterly earnings results on Wednesday, March 6th. The oil and gas exploration company reported $2.00 earnings per share for the quarter, missing the consensus estimate of $2.95 by ($0.95). The firm had revenue of $4.19 billion for the quarter, compared to analysts’ expectations of $4.47 billion. YPF Sociedad Anónima had a negative net margin of 7.58% and a positive return on equity of 17.33%. Equities analysts anticipate that YPF Sociedad Anónima will post 6.14 EPS for the current year.

Hedge Funds Weigh In On YPF Sociedad Anónima

A number of large investors have recently bought and sold shares of YPF. Helikon Investments Ltd raised its holdings in YPF Sociedad Anónima by 18.5% in the 3rd quarter. Helikon Investments Ltd now owns 11,823,432 shares of the oil and gas exploration company’s stock worth $144,837,000 after purchasing an additional 1,845,105 shares during the period. Citigroup Inc. raised its holdings in shares of YPF Sociedad Anónima by 50.9% during the third quarter. Citigroup Inc. now owns 4,753,658 shares of the oil and gas exploration company’s stock valued at $58,232,000 after acquiring an additional 1,604,368 shares during the last quarter. Voloridge Investment Management LLC raised its holdings in shares of YPF Sociedad Anónima by 426.5% during the fourth quarter. Voloridge Investment Management LLC now owns 1,474,531 shares of the oil and gas exploration company’s stock valued at $25,347,000 after acquiring an additional 1,194,483 shares during the last quarter. Renaissance Technologies LLC raised its holdings in shares of YPF Sociedad Anónima by 287.5% during the fourth quarter. Renaissance Technologies LLC now owns 1,595,394 shares of the oil and gas exploration company’s stock valued at $14,662,000 after acquiring an additional 1,183,673 shares during the last quarter. Finally, TT International Asset Management LTD raised its holdings in shares of YPF Sociedad Anónima by 35.5% during the fourth quarter. TT International Asset Management LTD now owns 4,238,557 shares of the oil and gas exploration company’s stock valued at $72,860,000 after acquiring an additional 1,109,483 shares during the last quarter. Institutional investors and hedge funds own 10.08% of the company’s stock.

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, natural gas, and NGLs. The company's downstream operations include the refining, marketing, and distribution of oil and petroleum products, as well as petroleum derivatives, such as petrochemicals, hydrocarbons, non-fossil fuels, biofuels, and related components; and production of hydrocarbons electric power.