JGP Global Gestao de Recursos Ltda. bought a new position in shares of YPF Sociedad Anónima (NYSE:YPF – Free Report) in the 4th quarter, Holdings Channel reports. The fund bought 19,210 shares of the oil and gas exploration company’s stock, valued at approximately $817,000. YPF Sociedad Anónima makes up 1.9% of JGP Global Gestao de Recursos Ltda.’s portfolio, making the stock its 10th biggest position.
Other hedge funds and other institutional investors have also modified their holdings of the company. Dorsey Wright & Associates boosted its holdings in shares of YPF Sociedad Anónima by 12.5% during the 3rd quarter. Dorsey Wright & Associates now owns 258,432 shares of the oil and gas exploration company’s stock worth $5,481,000 after buying an additional 28,617 shares during the period. JPMorgan Chase & Co. boosted its holdings in YPF Sociedad Anónima by 1,119.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 250,550 shares of the oil and gas exploration company’s stock valued at $5,314,000 after purchasing an additional 230,001 shares during the period. Prospera Financial Services Inc boosted its holdings in YPF Sociedad Anónima by 60.8% in the 3rd 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 purchasing an additional 26,936 shares during the period. Mirabella Financial Services LLP boosted its holdings in YPF Sociedad Anónima by 59.7% in the 3rd 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 purchasing an additional 48,025 shares during the period. Finally, Assenagon Asset Management S.A. boosted its holdings 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 valued at $6,624,000 after purchasing an additional 294,803 shares during the period. Institutional investors own 10.08% of the company’s stock.
Analysts Set New Price Targets
A number of research firms have issued reports on YPF. JPMorgan Chase & Co. raised shares of YPF Sociedad Anónima from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $25.00 to $59.50 in a report on Friday, January 10th. StockNews.com raised shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a report on Monday, January 20th. 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 report on Wednesday, December 4th. Bank of America raised shares of YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $31.00 to $55.00 in a report on Monday, December 9th. Finally, Citigroup downgraded shares of YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and upped their price target for the stock from $33.00 to $44.00 in a report on Wednesday, November 27th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $39.16.
YPF Sociedad Anónima Price Performance
YPF stock opened at $39.46 on Monday. The company has a 50 day simple moving average of $42.21 and a 200 day simple moving average of $30.38. The stock has a market cap of $15.52 billion, a price-to-earnings ratio of 19.93, a P/E/G ratio of 0.18 and a beta of 1.88. YPF Sociedad Anónima has a 1 year low of $14.94 and a 1 year high of $47.43. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.88 and a quick ratio of 0.68.
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.
Recommended Stories
- Five stocks we like better than YPF Sociedad Anónima
- Airline Stocks – Top Airline Stocks to Buy Now
- 3 Stocks to Gain From Trump’s Return-to-Office Mandate
- What is MarketRank™? How to Use it
- Crane Stock Soars, But the Best Could Be Yet to Come: Here’s Why
- Ride Out The Recession With These Dividend Kings
- ServiceNow Stock Slips, But AI Expansion Signals Long-Term Gains
Want to see what other hedge funds are holding YPF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for YPF Sociedad Anónima (NYSE:YPF – Free Report).
Receive News & Ratings for YPF Sociedad Anónima Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for YPF Sociedad Anónima and related companies with MarketBeat.com's FREE daily email newsletter.