YPF Sociedad Anónima (NYSE:YPF – Get Free Report) was the recipient of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 3,480,000 shares, a decline of 13.2% from the February 28th total of 4,010,000 shares. Currently, 0.9% of the company’s shares are sold short. Based on an average trading volume of 1,960,000 shares, the days-to-cover ratio is presently 1.8 days.
Hedge Funds Weigh In On YPF Sociedad Anónima
Several institutional investors have recently modified their holdings of YPF. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in YPF Sociedad Anónima by 26.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,145,571 shares of the oil and gas exploration company’s stock worth $91,208,000 after purchasing an additional 450,935 shares in the last quarter. Canada Pension Plan Investment Board acquired a new position in shares of YPF Sociedad Anónima during the fourth quarter worth $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 during the last quarter. Voloridge Investment Management LLC raised its stake in YPF Sociedad Anónima by 41.8% in the fourth quarter. Voloridge Investment Management LLC now owns 1,587,869 shares of the oil and gas exploration company’s stock valued at $67,500,000 after buying an additional 467,793 shares in the last quarter. Finally, North of South Capital LLP lifted its holdings in YPF Sociedad Anónima by 18.3% during the 4th quarter. North of South Capital LLP now owns 1,236,984 shares of the oil and gas exploration company’s stock worth $52,584,000 after buying an additional 191,486 shares during the last quarter. Institutional investors and hedge funds own 10.08% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on YPF shares. StockNews.com cut shares of YPF Sociedad Anónima from a “buy” rating to a “hold” rating in a research report on Tuesday, March 18th. JPMorgan Chase & Co. raised shares of YPF Sociedad Anónima from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $25.00 to $59.50 in a research report on Friday, January 10th. UBS Group reiterated a “neutral” rating and issued a $38.00 price objective (up from $30.00) on shares of YPF Sociedad Anónima in a report on Wednesday, December 4th. Finally, Bank of America raised YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and raised their target price for the stock from $31.00 to $55.00 in a research note on Monday, December 9th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $42.02.
YPF Sociedad Anónima Trading Down 4.6 %
Shares of NYSE YPF traded down $1.63 during trading on Thursday, reaching $33.88. The stock had a trading volume of 1,426,114 shares, compared to its average volume of 2,083,264. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.68 and a current ratio of 0.88. The company has a market cap of $13.32 billion, a P/E ratio of 17.10, a PEG ratio of 0.18 and a beta of 1.89. YPF Sociedad Anónima has a fifty-two week low of $16.18 and a fifty-two week high of $47.43. The business’s 50-day moving average price is $36.52 and its 200-day moving average price is $34.75.
YPF Sociedad Anónima (NYSE:YPF – Get Free Report) last released its earnings results on Friday, March 7th. The oil and gas exploration company reported ($0.74) earnings per share for the quarter, missing the consensus estimate of $0.51 by ($1.25). The firm had revenue of $4.75 billion during the quarter, compared to analyst estimates of $4.86 billion. YPF Sociedad Anónima had a net margin of 4.15% and a return on equity of 32.76%. On average, equities research analysts predict that YPF Sociedad Anónima will post 7.25 EPS for the current fiscal year.
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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