JPMorgan Chase & Co. Has $154.05 Million Position in YPF Sociedad Anonima $YPF

JPMorgan Chase & Co. grew its stake in YPF Sociedad Anonima (NYSE:YPF) by 194.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,898,315 shares of the oil and gas exploration company’s stock after acquiring an additional 3,237,154 shares during the quarter. JPMorgan Chase & Co. owned 1.25% of YPF Sociedad Anonima worth $154,052,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. First Horizon Advisors Inc. acquired a new position in YPF Sociedad Anonima during the second quarter valued at approximately $57,000. Hantz Financial Services Inc. boosted its position in shares of YPF Sociedad Anonima by 1,157.2% during the second quarter. Hantz Financial Services Inc. now owns 1,911 shares of the oil and gas exploration company’s stock worth $60,000 after purchasing an additional 1,759 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of YPF Sociedad Anonima in the 1st quarter valued at $89,000. LGT Group Foundation bought a new stake in shares of YPF Sociedad Anonima in the 1st quarter valued at $238,000. Finally, Mutual Advisors LLC bought a new stake in shares of YPF Sociedad Anonima in the 2nd quarter valued at $259,000. Institutional investors own 10.08% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on YPF. JPMorgan Chase & Co. reduced their target price on YPF Sociedad Anonima from $47.00 to $44.00 and set an “overweight” rating on the stock in a report on Friday, October 17th. Weiss Ratings reiterated a “hold (c)” rating on shares of YPF Sociedad Anonima in a report on Wednesday, October 8th. Finally, Zacks Research raised YPF Sociedad Anonima from a “strong sell” rating to a “hold” rating in a research note on Thursday, October 23rd. Three analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $43.60.

YPF Sociedad Anonima Stock Performance

YPF opened at $36.10 on Thursday. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.75 and a quick ratio of 0.55. The company has a market capitalization of $14.20 billion, a price-to-earnings ratio of 11.64, a P/E/G ratio of 0.83 and a beta of 1.73. The business’s 50-day moving average price is $30.64 and its two-hundred day moving average price is $32.14. YPF Sociedad Anonima has a 1 year low of $22.82 and a 1 year high of $47.43.

YPF Sociedad Anonima 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.