YPF Sociedad Anónima (NYSE:YPF) Sets New 52-Week High – Here’s What Happened

YPF Sociedad Anónima (NYSE:YPF) reached a new 52-week high during trading on Thursday . The stock traded as high as $31.22 and last traded at $31.22, with a volume of 2135 shares. The stock had previously closed at $30.91.

Analyst Ratings Changes

YPF has been the subject of a number of research analyst reports. Jefferies Financial Group upgraded YPF Sociedad Anónima from a “hold” rating to a “buy” rating and lifted their target price for the stock from $23.50 to $30.00 in a report on Friday, August 30th. Bank of America boosted their target price on shares of YPF Sociedad Anónima from $28.00 to $29.00 and gave the company a “neutral” rating in a research report on Wednesday, September 18th. The Goldman Sachs Group increased their target price on shares of YPF Sociedad Anónima from $22.90 to $25.60 and gave the stock a “neutral” rating in a research note on Thursday, July 25th. StockNews.com downgraded shares of YPF Sociedad Anónima from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th. Finally, Citigroup raised shares of YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $24.00 to $33.00 in a research report on Friday, November 1st. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $27.37.

YPF Sociedad Anónima Price Performance

The stock has a market capitalization of $12.52 billion, a P/E ratio of -14.72, a price-to-earnings-growth ratio of 0.10 and a beta of 1.78. The business’s 50 day simple moving average is $24.52 and its two-hundred day simple moving average is $22.41. The company has a quick ratio of 0.73, a current ratio of 0.93 and a debt-to-equity ratio of 0.71.

Hedge Funds Weigh In On YPF Sociedad Anónima

Large investors have recently added to or reduced their stakes in the business. Blue Trust Inc. increased its holdings in YPF Sociedad Anónima by 58.4% during the 3rd quarter. Blue Trust Inc. now owns 2,091 shares of the oil and gas exploration company’s stock worth $42,000 after purchasing an additional 771 shares in the last quarter. Cetera Advisors LLC grew its holdings in YPF Sociedad Anónima by 2.6% during the first quarter. Cetera Advisors LLC now owns 42,492 shares of the oil and gas exploration company’s stock worth $841,000 after buying an additional 1,066 shares in the last quarter. Beverly Hills Private Wealth LLC raised its position in YPF Sociedad Anónima by 6.2% in the 2nd quarter. Beverly Hills Private Wealth LLC now owns 20,181 shares of the oil and gas exploration company’s stock valued at $406,000 after buying an additional 1,186 shares during the last quarter. Transcendent Capital Group LLC bought a new position in YPF Sociedad Anónima during the 1st quarter valued at $28,000. Finally, Virtu Financial LLC boosted its holdings in YPF Sociedad Anónima by 4.9% during the 1st quarter. Virtu Financial LLC now owns 30,599 shares of the oil and gas exploration company’s stock worth $606,000 after acquiring an additional 1,424 shares during the last quarter. Institutional investors own 10.08% of the company’s stock.

YPF Sociedad Anónima Company 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.