YPF Sociedad Anónima (NYSE:YPF) Trading Down 4.2%

YPF Sociedad Anónima (NYSE:YPF)’s share price dropped 4.2% during mid-day trading on Wednesday . The company traded as low as $22.55 and last traded at $22.55. Approximately 565,792 shares were traded during trading, a decline of 76% from the average daily volume of 2,314,554 shares. The stock had previously closed at $23.53.

Wall Street Analysts Forecast Growth

Several research firms have commented on YPF. Morgan Stanley upgraded shares of YPF Sociedad Anónima from an “underweight” rating to an “equal weight” rating and boosted their price target for the stock from $10.50 to $22.00 in a research note on Thursday, March 21st. The Goldman Sachs Group upped their price target on YPF Sociedad Anónima from $20.00 to $22.90 and gave the stock a “neutral” rating in a report on Friday, May 17th. StockNews.com upgraded YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a research note on Tuesday. UBS Group upgraded shares of YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and upped their target price for the stock from $18.00 to $27.00 in a research note on Thursday, February 22nd. Finally, Citigroup cut shares of YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and raised their target price for the company from $20.00 to $24.00 in a report on Wednesday, April 17th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $21.07.

YPF Sociedad Anónima Stock Down 6.7 %

The firm has a 50-day moving average price of $21.15 and a two-hundred day moving average price of $17.89. The firm has a market cap of $8.64 billion, a price-to-earnings ratio of -8.71 and a beta of 1.86. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.73 and a current ratio of 0.95.

YPF Sociedad Anónima (NYSE:YPF) last released its quarterly earnings data on Wednesday, March 6th. The oil and gas exploration company reported $2.00 earnings per share for the quarter, missing analysts’ consensus estimates of $2.95 by ($0.95). The company had revenue of $4.19 billion for the quarter, compared to analyst estimates of $4.47 billion. YPF Sociedad Anónima had a positive return on equity of 20.70% and a negative net margin of 5.78%. On average, sell-side analysts forecast that YPF Sociedad Anónima will post 6.45 earnings per share for the current year.

Institutional Investors Weigh In On YPF Sociedad Anónima

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Citigroup Inc. increased its holdings in shares of YPF Sociedad Anónima by 50.9% in the 3rd quarter. Citigroup Inc. now owns 4,753,658 shares of the oil and gas exploration company’s stock valued at $58,232,000 after acquiring an additional 1,604,368 shares during the period. TT International Asset Management LTD increased its stake in YPF Sociedad Anónima by 35.5% in the fourth quarter. TT International Asset Management LTD now owns 4,238,557 shares of the oil and gas exploration company’s stock valued at $72,860,000 after purchasing an additional 1,109,483 shares during the period. BNP Paribas Financial Markets raised its holdings in shares of YPF Sociedad Anónima by 2,877.9% in the fourth quarter. BNP Paribas Financial Markets now owns 1,051,599 shares of the oil and gas exploration company’s stock valued at $18,077,000 after buying an additional 1,016,286 shares during the last quarter. Fourth Sail Capital LP acquired a new stake in shares of YPF Sociedad Anónima during the first quarter worth about $14,576,000. Finally, RWC Asset Management LLP purchased a new position in shares of YPF Sociedad Anónima during the fourth quarter worth about $10,745,000. Hedge funds and other institutional investors own 10.08% of the company’s stock.

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.