Itau Unibanco Holding S.A. Invests $4.54 Million in YPF Sociedad Anónima (NYSE:YPF)

Itau Unibanco Holding S.A. bought a new stake in YPF Sociedad Anónima (NYSE:YPF) in the third quarter, HoldingsChannel.com reports. The firm bought 214,000 shares of the oil and gas exploration company’s stock, valued at approximately $4,539,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of YPF. Ping Capital Management Inc. purchased a new stake in YPF Sociedad Anónima in the 2nd quarter valued at about $51,676,000. Marshall Wace LLP increased its position in YPF Sociedad Anónima by 6,194.9% in the 2nd quarter. Marshall Wace LLP now owns 947,260 shares of the oil and gas exploration company’s stock worth $19,059,000 after purchasing an additional 932,212 shares during the last quarter. Duquesne Family Office LLC bought a new stake in YPF Sociedad Anónima during the second quarter valued at about $12,845,000. Squarepoint Ops LLC acquired a new stake in YPF Sociedad Anónima during the second quarter valued at approximately $6,890,000. Finally, Assenagon Asset Management S.A. grew its stake in shares of YPF Sociedad Anónima by 1,685.6% during the third quarter. Assenagon Asset Management S.A. now owns 312,293 shares of the oil and gas exploration company’s stock valued at $6,624,000 after purchasing an additional 294,803 shares during the last quarter. 10.08% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

YPF has been the topic of a number of recent analyst reports. Jefferies Financial Group raised YPF Sociedad Anónima from a “hold” rating to a “buy” rating and boosted their target price for the stock from $23.50 to $30.00 in a report on Friday, August 30th. StockNews.com upgraded YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a research note on Tuesday, November 26th. Citigroup downgraded YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from $33.00 to $44.00 in a report on Wednesday, November 27th. Bank of America raised their price objective on shares of YPF Sociedad Anónima from $28.00 to $29.00 and gave the company a “neutral” rating in a research note on Wednesday, September 18th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of YPF Sociedad Anónima from $24.00 to $25.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 30th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $28.94.

YPF Sociedad Anónima Trading Down 0.2 %

Shares of YPF stock opened at $40.22 on Tuesday. The company has a market capitalization of $15.82 billion, a P/E ratio of 20.31, a P/E/G ratio of 0.14 and a beta of 1.93. The company has a quick ratio of 0.68, a current ratio of 0.88 and a debt-to-equity ratio of 0.59. The firm has a 50-day moving average price of $28.21 and a 200 day moving average price of $23.73. YPF Sociedad Anónima has a 12-month low of $14.53 and a 12-month high of $42.30.

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.