Shares of YPF Sociedad Anónima (NYSE:YPF – Get Free Report) fell 5.5% during mid-day trading on Tuesday . The company traded as low as $36.71 and last traded at $35.92. 115,717 shares traded hands during mid-day trading, a decline of 95% from the average session volume of 2,227,770 shares. The stock had previously closed at $38.00.
Wall Street Analyst Weigh In
Several research analysts have weighed in on YPF shares. StockNews.com raised YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a research report on Monday, January 20th. UBS Group restated a “neutral” rating and set 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 YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $31.00 to $55.00 in a report on Monday, December 9th. Citigroup cut YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and lifted their price target for the company from $33.00 to $44.00 in a research report on Wednesday, November 27th. Finally, JPMorgan Chase & Co. raised shares of YPF Sociedad Anónima from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $25.00 to $59.50 in a report on Friday, January 10th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $39.16.
YPF Sociedad Anónima Trading Down 4.8 %
Hedge Funds Weigh In On YPF Sociedad Anónima
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Dorsey Wright & Associates boosted its stake in YPF Sociedad Anónima by 12.5% in the third 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 in the last quarter. JPMorgan Chase & Co. boosted its stake in YPF Sociedad Anónima by 1,119.3% in the third quarter. JPMorgan Chase & Co. now owns 250,550 shares of the oil and gas exploration company’s stock worth $5,314,000 after buying an additional 230,001 shares in the last quarter. Blue Trust Inc. boosted its stake in YPF Sociedad Anónima by 16.1% in the fourth quarter. Blue Trust Inc. now owns 2,427 shares of the oil and gas exploration company’s stock worth $103,000 after buying an additional 336 shares in the last quarter. Vaughan Nelson Investment Management L.P. purchased a new position in YPF Sociedad Anónima in the 4th quarter worth $2,244,000. Finally, Prospera Financial Services Inc raised its position 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 worth $1,511,000 after purchasing an additional 26,936 shares during the period. Hedge funds and other institutional investors 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, 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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