Wrapmanager Inc. Sells 3,111 Shares of YPF Sociedad Anónima (NYSE:YPF)

Wrapmanager Inc. decreased its position in shares of YPF Sociedad Anónima (NYSE:YPF) by 15.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,909 shares of the oil and gas exploration company’s stock after selling 3,111 shares during the quarter. Wrapmanager Inc.’s holdings in YPF Sociedad Anónima were worth $340,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Ping Capital Management Inc. bought a new position in YPF Sociedad Anónima during the 2nd quarter worth about $51,676,000. Fourth Sail Capital LP bought a new position in shares of YPF Sociedad Anónima during the first quarter valued at approximately $14,576,000. Russell Investments Group Ltd. increased its holdings in YPF Sociedad Anónima by 307.2% during 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 buying an additional 482,178 shares during the period. SPX Gestao de Recursos Ltda bought a new position in YPF Sociedad Anónima in the fourth quarter worth approximately $7,471,000. Finally, Hennessy Advisors Inc. purchased a new stake in YPF Sociedad Anónima during the fourth quarter worth $4,650,000. Hedge funds and other institutional investors own 10.08% of the company’s stock.

YPF Sociedad Anónima Trading Up 0.9 %

NYSE YPF opened at $23.31 on Friday. YPF Sociedad Anónima has a 12-month low of $9.57 and a 12-month high of $24.76. The company has a fifty day simple moving average of $21.13 and a two-hundred day simple moving average of $20.84. The company has a current ratio of 0.93, a quick ratio of 0.73 and a debt-to-equity ratio of 0.71. The stock has a market cap of $9.17 billion, a P/E ratio of -9.11, a P/E/G ratio of 0.10 and a beta of 1.81.

YPF Sociedad Anónima (NYSE:YPF) last issued its earnings results on Thursday, August 8th. The oil and gas exploration company reported $1.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.90. The company had revenue of $4.94 billion during the quarter, compared to analyst estimates of $4.59 billion. YPF Sociedad Anónima had a positive return on equity of 22.86% and a negative net margin of 4.57%. On average, analysts forecast that YPF Sociedad Anónima will post 5.68 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. JPMorgan Chase & Co. boosted their price target on YPF Sociedad Anónima from $18.50 to $20.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 28th. Bank of America raised shares of YPF Sociedad Anónima from an “underperform” rating to a “neutral” rating in a research report on Thursday, May 23rd. Jefferies Financial Group raised shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $23.50 to $30.00 in a research report on Friday, August 30th. StockNews.com raised shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a research report on Monday, August 12th. Finally, The Goldman Sachs Group raised their target price on shares of YPF Sociedad Anónima from $22.90 to $25.60 and gave the company a “neutral” rating in a research note on Thursday, July 25th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $24.77.

YPF Sociedad Anónima Profile

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.