Deltec Asset Management LLC Sells 17,500 Shares of YPF Sociedad Anónima $YPF

Deltec Asset Management LLC lessened its position in shares of YPF Sociedad Anónima (NYSE:YPF) by 30.0% in the first quarter, HoldingsChannel.com reports. The firm owned 40,750 shares of the oil and gas exploration company’s stock after selling 17,500 shares during the quarter. Deltec Asset Management LLC’s holdings in YPF Sociedad Anónima were worth $1,883,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Equinox Partners Investment Management LLC bought a new stake in shares of YPF Sociedad Anónima in the 1st quarter valued at $21,585,000. UBS Group AG increased its position in shares of YPF Sociedad Anónima by 125.2% during the third quarter. UBS Group AG now owns 651,384 shares of the oil and gas exploration company’s stock worth $15,822,000 after buying an additional 362,155 shares during the period. Bank of America Corp DE raised its stake in YPF Sociedad Anónima by 161.2% during the second quarter. Bank of America Corp DE now owns 568,507 shares of the oil and gas exploration company’s stock worth $17,880,000 after buying an additional 350,842 shares during the last quarter. Alpine Global Management LLC bought a new position in YPF Sociedad Anónima during the fourth quarter worth $7,377,000. Finally, VR Advisory Services Ltd lifted its holdings in YPF Sociedad Anónima by 5.9% in the third quarter. VR Advisory Services Ltd now owns 3,605,533 shares of the oil and gas exploration company’s stock valued at $87,578,000 after buying an additional 200,000 shares during the period. Institutional investors own 10.08% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on YPF shares. Wall Street Zen upgraded YPF Sociedad Anónima from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 27th. Weiss Ratings raised YPF Sociedad Anónima from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, May 28th. Morgan Stanley upgraded YPF Sociedad Anónima from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 30th. Zacks Research cut YPF Sociedad Anónima from a “strong-buy” rating to a “hold” rating in a research note on Monday. Finally, UBS Group lifted their target price on YPF Sociedad Anónima from $45.00 to $48.00 and gave the stock a “neutral” rating in a report on Wednesday, May 27th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, YPF Sociedad Anónima has a consensus rating of “Hold” and a consensus target price of $46.00.

YPF Sociedad Anónima Price Performance

YPF stock opened at $44.87 on Thursday. The stock has a market capitalization of $17.65 billion, a PE ratio of -43.14 and a beta of 1.28. The company’s 50-day moving average is $48.15 and its 200-day moving average is $41.72. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.94 and a quick ratio of 0.73. YPF Sociedad Anónima has a 1 year low of $22.82 and a 1 year high of $57.49.

YPF Sociedad Anónima (NYSE:YPF) last issued its earnings results on Thursday, May 7th. The oil and gas exploration company reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.20. YPF Sociedad Anónima had a positive return on equity of 1.11% and a negative net margin of 2.16%.The business had revenue of $5.03 billion during the quarter, compared to analyst estimates of $5.04 billion. Equities research analysts expect that YPF Sociedad Anónima will post 5.66 EPS for the current fiscal year.

About YPF Sociedad Anónima

YPF Sociedad Anónima (NYSE: YPF) is an integrated oil and gas company headquartered in Buenos Aires, Argentina. The company’s primary businesses encompass upstream exploration and production of crude oil and natural gas, midstream transportation and storage, and downstream refining and distribution. YPF operates several major refineries and a nationwide network of service stations, supplying fuels, lubricants, and petrochemical products to both retail and industrial customers.

Founded in 1922 as Yacimientos Petrolíferos Fiscales, YPF was the world’s first state‐owned oil company.