YPF Sociedad Anónima (NYSE:YPF) Stock Rating Lowered by Zacks Research

YPF Sociedad Anónima (NYSE:YPF) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.

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

YPF Sociedad Anónima Trading Up 0.5%

NYSE:YPF opened at $45.48 on Monday. The company has a market cap of $17.89 billion, a P/E ratio of -43.73 and a beta of 1.24. The stock’s fifty day moving average price is $48.07 and its two-hundred day moving average price is $41.66. YPF Sociedad Anónima has a 1 year low of $22.82 and a 1 year high of $57.49. 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 (NYSE:YPF) last posted its quarterly earnings results on Thursday, May 7th. The oil and gas exploration company reported $1.03 EPS for the quarter, topping 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 firm had revenue of $5.03 billion during the quarter, compared to analyst estimates of $5.04 billion. As a group, analysts expect that YPF Sociedad Anónima will post 5.66 EPS for the current year.

Institutional Investors Weigh In On YPF Sociedad Anónima

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Oaktree Capital Management LP purchased a new position in YPF Sociedad Anónima during the first quarter worth about $40,972,000. Equinox Partners Investment Management LLC bought a new position in YPF Sociedad Anónima in the 1st quarter worth about $21,585,000. UBS Group AG raised its holdings in shares of YPF Sociedad Anónima by 125.2% in the 3rd quarter. UBS Group AG now owns 651,384 shares of the oil and gas exploration company’s stock valued at $15,822,000 after acquiring an additional 362,155 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of YPF Sociedad Anónima by 161.2% in the 2nd quarter. Bank of America Corp DE now owns 568,507 shares of the oil and gas exploration company’s stock valued at $17,880,000 after acquiring an additional 350,842 shares in the last quarter. Finally, Candriam S.C.A. boosted its position in shares of YPF Sociedad Anónima by 202.0% during the 1st 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 acquiring an additional 297,000 shares during the last quarter. Hedge funds and other institutional investors own 10.08% of the company’s stock.

YPF Sociedad Anónima Company Profile

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.