YPF Sociedad Anónima $YPF Shares Sold by RWC Asset Management LLP

RWC Asset Management LLP lowered its position in YPF Sociedad Anónima (NYSE:YPF) by 20.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 522,518 shares of the oil and gas exploration company’s stock after selling 138,071 shares during the quarter. YPF Sociedad Anónima makes up about 1.0% of RWC Asset Management LLP’s investment portfolio, making the stock its 26th largest holding. RWC Asset Management LLP’s holdings in YPF Sociedad Anónima were worth $26,194,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of YPF. Oaktree Capital Management LP bought a new stake in shares of YPF Sociedad Anónima in the 1st quarter valued at about $40,972,000. Equinox Partners Investment Management LLC bought a new stake in YPF Sociedad Anónima in the first quarter valued at approximately $21,585,000. Candriam S.C.A. lifted its position in shares of YPF Sociedad Anónima by 202.0% in the first quarter. Candriam S.C.A. now owns 444,000 shares of the oil and gas exploration company’s stock valued at $20,522,000 after buying an additional 297,000 shares during the last quarter. RWC Asset Advisors US LLC acquired a new stake in shares of YPF Sociedad Anónima in the second quarter valued at approximately $12,216,000. Finally, Globeflex Capital L P bought a new position in shares of YPF Sociedad Anónima during the 2nd quarter worth approximately $10,074,000. Institutional investors own 10.08% of the company’s stock.

YPF Sociedad Anónima Price Performance

Shares of NYSE:YPF traded up $1.48 during trading on Friday, hitting $50.65. 948,080 shares of the company were exchanged, compared to its average volume of 984,658. The business’s 50 day moving average is $52.01 and its 200-day moving average is $49.36. The company has a market capitalization of $19.92 billion, a P/E ratio of 26.66 and a beta of 1.22. The company has a quick ratio of 0.72, a current ratio of 0.93 and a debt-to-equity ratio of 0.70. YPF Sociedad Anónima has a 1-year low of $26.72 and a 1-year high of $57.87.

YPF Sociedad Anónima (NYSE:YPF) last released its quarterly earnings data on Monday, August 10th. The oil and gas exploration company reported $3.07 earnings per share for the quarter, beating the consensus estimate of $2.26 by $0.81. The company had revenue of $6.57 billion for the quarter, compared to the consensus estimate of $5.99 billion. YPF Sociedad Anónima had a return on equity of 10.86% and a net margin of 3.60%. Equities analysts forecast that YPF Sociedad Anónima will post 7.45 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on YPF shares. UBS Group boosted their target price on YPF Sociedad Anónima from $48.00 to $55.00 and gave the stock a “neutral” rating in a report on Thursday, August 27th. JPMorgan Chase & Co. lifted their price target on YPF Sociedad Anónima from $61.50 to $66.00 and gave the stock an “overweight” rating in a report on Tuesday, September 1st. HSBC upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and set a $60.00 price objective for the company in a research note on Monday, August 17th. Weiss Ratings raised YPF Sociedad Anónima from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, October 8th. Finally, Wall Street Zen raised shares of YPF Sociedad Anónima from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 18th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $60.33.

YPF Sociedad Anónima Profile

YPF Sociedad Anónima is an integrated energy company based in Argentina and one of the country’s principal oil and gas producers. The company explores for, develops and produces crude oil and natural gas, with operations that include both conventional and unconventional resources. YPF is also a major participant in the development of the Vaca Muerta shale formation in the Neuquén Basin.

Through its downstream operations, YPF refines crude oil and markets fuels, lubricants and other petroleum products.