Mirae Asset Global Investments Co. Ltd. bought a new position in YPF SA (NYSE:YPF) in the 3rd quarter, HoldingsChannel reports. The fund bought 277,301 shares of the oil and gas exploration company’s stock, valued at approximately $4,284,000.
Other institutional investors have also recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SA increased its position in YPF by 158.6% during the second quarter. BNP Paribas Arbitrage SA now owns 90,712 shares of the oil and gas exploration company’s stock worth $1,232,000 after buying an additional 55,634 shares during the last quarter. Aviva PLC acquired a new position in YPF during the second quarter worth $1,412,000. Engineers Gate Manager LP acquired a new position in YPF during the second quarter worth $353,000. Globeflex Capital L P increased its position in YPF by 97.7% during the second quarter. Globeflex Capital L P now owns 84,345 shares of the oil and gas exploration company’s stock worth $1,145,000 after buying an additional 41,687 shares during the last quarter. Finally, FMR LLC increased its position in YPF by 44.8% during the second quarter. FMR LLC now owns 2,075,715 shares of the oil and gas exploration company’s stock worth $28,188,000 after buying an additional 642,315 shares during the last quarter. 24.87% of the stock is owned by institutional investors.
YPF stock opened at $14.99 on Friday. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.17 and a quick ratio of 0.84. YPF SA has a 52-week low of $13.14 and a 52-week high of $26.70. The stock has a market cap of $6.19 billion, a price-to-earnings ratio of 7.89 and a beta of 1.60.
YPF (NYSE:YPF) last released its quarterly earnings results on Friday, November 9th. The oil and gas exploration company reported $1.07 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.41 by $0.66. YPF had a net margin of 8.70% and a return on equity of 15.45%. The company had revenue of $3.88 billion during the quarter, compared to analysts’ expectations of $3.93 billion. As a group, equities analysts anticipate that YPF SA will post 2.42 EPS for the current fiscal year.
Several equities analysts have commented on the stock. Zacks Investment Research raised shares of YPF from a “hold” rating to a “buy” rating and set a $15.00 target price on the stock in a research report on Friday, October 26th. Credit Suisse Group raised shares of YPF from a “neutral” rating to an “outperform” rating in a research report on Thursday, October 25th. Finally, Bank of America lowered their target price on shares of YPF from $26.00 to $22.00 and set a “buy” rating on the stock in a research report on Friday, September 14th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $23.20.
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YPF Sociedad Anonima, an energy company, operates in the oil and gas upstream and downstream activities in Argentina. The company involved in the exploration, development, and production of crude oil, natural gas, and liquefied petroleum gas (LPG). It is also engages in the refining, marketing, transportation, and distribution of oil, petroleum products, petroleum derivatives, petrochemicals, LPG, and bio-fuels, as well as in gas separation and natural gas distribution operations.
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