YPF Sociedad Anónima (NYSE:YPF) Shares Gap Up – Here’s Why

YPF Sociedad Anónima (NYSE:YPF) gapped up before the market opened on Monday . The stock had previously closed at $40.03, but opened at $42.00. YPF Sociedad Anónima shares last traded at $42.07, with a volume of 405,752 shares traded.

Analyst Upgrades and Downgrades

Several research analysts recently commented on YPF shares. StockNews.com cut YPF Sociedad Anónima from a “buy” rating to a “hold” rating in a research note on Monday, November 18th. JPMorgan Chase & Co. upped their target price on YPF Sociedad Anónima from $24.00 to $25.00 and gave the company a “neutral” rating in a research report 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. Jefferies Financial Group raised shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and increased their price target for the stock from $23.50 to $30.00 in a research report on Friday, August 30th. Finally, Citigroup raised YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $24.00 to $33.00 in a report on Friday, November 1st. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, YPF Sociedad Anónima currently has an average rating of “Hold” and a consensus price target of $27.37.

YPF Sociedad Anónima Trading Down 1.9 %

The firm has a market cap of $15.45 billion, a P/E ratio of 20.71, a P/E/G ratio of 0.14 and a beta of 1.78. The business’s 50-day moving average is $26.26 and its two-hundred day moving average is $23.04. The company has a current ratio of 0.88, a quick ratio of 0.68 and a debt-to-equity ratio of 0.59.

Hedge Funds Weigh In On YPF Sociedad Anónima

Institutional investors have recently made changes to their positions in the stock. Banco Santander S.A. acquired a new position in YPF Sociedad Anónima during the 2nd quarter valued at approximately $270,000. Prospera Financial Services Inc grew 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 worth $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 in the 2nd quarter worth about $6,890,000. Marshall Wace LLP boosted its stake in YPF Sociedad Anónima by 6,194.9% during the 2nd quarter. Marshall Wace LLP now owns 947,260 shares of the oil and gas exploration company’s stock valued at $19,059,000 after purchasing an additional 932,212 shares during the period. Finally, Assenagon Asset Management S.A. grew its position in YPF Sociedad Anónima by 1,685.6% in the 3rd quarter. Assenagon Asset Management S.A. now owns 312,293 shares of the oil and gas exploration company’s stock worth $6,624,000 after purchasing an additional 294,803 shares during the last quarter. 10.08% of the stock is owned by institutional investors.

YPF Sociedad Anónima Company Profile

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.