Seven Eight Capital LP Sells 112,791 Shares of YPF Sociedad Anónima (NYSE:YPF)

Seven Eight Capital LP decreased its position in YPF Sociedad Anónima (NYSE:YPF) by 64.5% during the first quarter, HoldingsChannel.com reports. The fund owned 62,022 shares of the oil and gas exploration company’s stock after selling 112,791 shares during the quarter. Seven Eight Capital LP’s holdings in YPF Sociedad Anónima were worth $1,228,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Russell Investments Group Ltd. grew its holdings in shares of YPF Sociedad Anónima by 307.2% in the first quarter. Russell Investments Group Ltd. now owns 639,116 shares of the oil and gas exploration company’s stock valued at $12,655,000 after purchasing an additional 482,178 shares in the last quarter. Headlands Technologies LLC bought a new stake in shares of YPF Sociedad Anónima in the 1st quarter worth about $113,000. Atomi Financial Group Inc. bought a new stake in shares of YPF Sociedad Anónima in the 1st quarter worth about $389,000. Capital Wealth Planning LLC lifted its holdings in shares of YPF Sociedad Anónima by 25.7% in the 1st quarter. Capital Wealth Planning LLC now owns 55,513 shares of the oil and gas exploration company’s stock valued at $1,099,000 after acquiring an additional 11,340 shares during the last quarter. Finally, Quantbot Technologies LP purchased a new position in YPF Sociedad Anónima in the first quarter worth about $1,077,000. Institutional investors own 10.08% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on YPF shares. JPMorgan Chase & Co. upped their price objective on YPF Sociedad Anónima from $18.50 to $20.00 and gave the company a “neutral” rating in a research report on Tuesday, May 28th. StockNews.com upgraded YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a research report on Tuesday, May 21st. The Goldman Sachs Group boosted their price objective on shares of YPF Sociedad Anónima from $20.00 to $22.90 and gave the company a “neutral” rating in a research report on Friday, May 17th. Bank of America upgraded shares of YPF Sociedad Anónima from an “underperform” rating to a “neutral” rating in a report on Thursday, May 23rd. Finally, Citigroup lowered shares of YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and increased their price objective for the stock from $20.00 to $24.00 in a research report on Wednesday, April 17th. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, YPF Sociedad Anónima currently has an average rating of “Hold” and an average target price of $21.73.

YPF Sociedad Anónima Trading Down 3.8 %

Shares of YPF traded down $0.78 during trading hours on Wednesday, reaching $19.69. 1,130,028 shares of the company traded hands, compared to its average volume of 2,242,337. The stock’s fifty day moving average price is $21.11 and its 200 day moving average price is $19.63. The company has a current ratio of 0.95, a quick ratio of 0.73 and a debt-to-equity ratio of 0.76. The firm has a market cap of $7.74 billion, a price-to-earnings ratio of -7.84 and a beta of 1.89. YPF Sociedad Anónima has a 12-month low of $9.57 and a 12-month high of $24.76.

YPF Sociedad Anónima (NYSE:YPF) last released its quarterly earnings data on Thursday, May 9th. The oil and gas exploration company reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.68. The company had revenue of $4.31 billion during the quarter, compared to analysts’ expectations of $4.16 billion. YPF Sociedad Anónima had a negative net margin of 5.78% and a positive return on equity of 20.70%. Sell-side analysts forecast that YPF Sociedad Anónima will post 6.59 earnings per share for the current year.

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.