YPF Sociedad Anónima (NYSE:YPF) Shares Gap Down – Here’s What Happened

YPF Sociedad Anónima (NYSE:YPF) gapped down prior to trading on Tuesday . The stock had previously closed at $37.22, but opened at $35.65. YPF Sociedad Anónima shares last traded at $37.14, with a volume of 479,628 shares trading hands.

Analyst Upgrades and Downgrades

YPF has been the subject of several recent research reports. StockNews.com upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a research note on Monday, January 20th. Citigroup downgraded shares of YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and increased their target price for the stock from $33.00 to $44.00 in a research note on Wednesday, November 27th. Bank of America upgraded shares of YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and increased their target price for the stock from $31.00 to $55.00 in a research note on Monday, December 9th. UBS Group reiterated a “neutral” rating and set a $38.00 target price (up previously from $30.00) on shares of YPF Sociedad Anónima in a research note on Wednesday, December 4th. Finally, JPMorgan Chase & Co. upgraded shares of YPF Sociedad Anónima from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $25.00 to $59.50 in a research note on Friday, January 10th. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $39.16.

YPF Sociedad Anónima Stock Down 0.2 %

The stock has a market capitalization of $14.61 billion, a PE ratio of 18.76, a PEG ratio of 0.18 and a beta of 1.88. The firm’s fifty day moving average is $41.81 and its 200-day moving average is $31.77. The company has a quick ratio of 0.68, a current ratio of 0.88 and a debt-to-equity ratio of 0.59.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in YPF. Canada Pension Plan Investment Board purchased a new position in YPF Sociedad Anónima during the fourth quarter worth about $89,009,000. Duquesne Family Office LLC increased its holdings in YPF Sociedad Anónima by 292.4% in the fourth quarter. Duquesne Family Office LLC now owns 1,687,716 shares of the oil and gas exploration company’s stock valued at $71,745,000 after buying an additional 1,257,616 shares in the last quarter. William Blair Investment Management LLC purchased a new position in YPF Sociedad Anónima in the fourth quarter valued at about $45,664,000. BNP Paribas Financial Markets increased its holdings in YPF Sociedad Anónima by 2,092.6% in the fourth quarter. BNP Paribas Financial Markets now owns 945,959 shares of the oil and gas exploration company’s stock valued at $40,213,000 after buying an additional 902,815 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in YPF Sociedad Anónima by 335.6% in the fourth quarter. JPMorgan Chase & Co. now owns 1,091,392 shares of the oil and gas exploration company’s stock valued at $46,395,000 after buying an additional 840,842 shares in the last quarter. 10.08% of the stock is owned by hedge funds and other 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.