HSBC upgraded shares of YPF Sociedad Anónima (NYSE:YPF – Free Report) from a reduce rating to a hold rating in a research report report published on Monday, MarketBeat.com reports. The firm currently has $33.00 price target on the oil and gas exploration company’s stock, up from their prior price target of $21.00.
Other analysts have also recently issued research reports about the company. JPMorgan Chase & Co. raised YPF Sociedad Anónima from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $25.00 to $59.50 in a research report on Friday, January 10th. StockNews.com lowered YPF Sociedad Anónima from a “buy” rating to a “hold” rating in a research note on Tuesday, March 18th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $40.73.
Read Our Latest Report on YPF Sociedad Anónima
YPF Sociedad Anónima Trading Up 2.0 %
YPF Sociedad Anónima (NYSE:YPF – Get Free Report) last issued its quarterly earnings data on Friday, March 7th. The oil and gas exploration company reported ($0.74) EPS for the quarter, missing analysts’ consensus estimates of $0.51 by ($1.25). The business had revenue of $4.75 billion during the quarter, compared to the consensus estimate of $4.86 billion. YPF Sociedad Anónima had a return on equity of 32.76% and a net margin of 4.15%. Equities analysts anticipate that YPF Sociedad Anónima will post 7.25 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of YPF. Assenagon Asset Management S.A. lifted its holdings in shares of YPF Sociedad Anónima by 89.4% during the first quarter. Assenagon Asset Management S.A. now owns 232,723 shares of the oil and gas exploration company’s stock worth $8,155,000 after purchasing an additional 109,844 shares during the period. SG Americas Securities LLC raised its position in YPF Sociedad Anónima by 769.1% during the 1st quarter. SG Americas Securities LLC now owns 39,103 shares of the oil and gas exploration company’s stock worth $1,370,000 after buying an additional 34,604 shares during the last quarter. Crocodile Capital Partners GmbH acquired a new stake in YPF Sociedad Anónima during the 1st quarter valued at approximately $1,051,000. GAMMA Investing LLC boosted its holdings in shares of YPF Sociedad Anónima by 3,099.7% in the 1st quarter. GAMMA Investing LLC now owns 70,746 shares of the oil and gas exploration company’s stock valued at $2,479,000 after acquiring an additional 68,535 shares during the last quarter. Finally, Wellington Management Group LLP acquired a new stake in shares of YPF Sociedad Anónima in the fourth quarter worth $2,548,000. 10.08% of the stock is owned by institutional investors and hedge funds.
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.
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