YPF Sociedad Anónima (NYSE:YPF) Reaches New 1-Year High – Here’s Why

YPF Sociedad Anónima (NYSE:YPF) hit a new 52-week high on Wednesday . The stock traded as high as $42.37 and last traded at $42.37, with a volume of 1353030 shares changing hands. The stock had previously closed at $40.65.

Wall Street Analyst Weigh In

YPF has been the subject of several research reports. JPMorgan Chase & Co. increased their price objective on YPF Sociedad Anónima from $24.00 to $25.00 and gave the company a “neutral” rating in a report on Wednesday, October 30th. Jefferies Financial Group raised YPF Sociedad Anónima from a “hold” rating to a “buy” rating and raised their price target for the stock from $23.50 to $30.00 in a report on Friday, August 30th. Bank of America upgraded YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $31.00 to $55.00 in a research report on Monday. StockNews.com downgraded YPF Sociedad Anónima from a “buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Finally, Citigroup downgraded YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and increased their price objective for the stock from $33.00 to $44.00 in a research report on Wednesday, November 27th. Six investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $34.23.

YPF Sociedad Anónima Stock Up 6.1 %

The stock has a 50-day simple moving average of $30.32 and a two-hundred day simple moving average of $24.45. The company has a quick ratio of 0.68, a current ratio of 0.88 and a debt-to-equity ratio of 0.59. The firm has a market cap of $16.96 billion, a PE ratio of 20.53, a P/E/G ratio of 0.13 and a beta of 1.93.

Institutional Investors Weigh In On YPF Sociedad Anónima

A number of hedge funds and other institutional investors have recently modified their holdings of YPF. SG Americas Securities LLC bought a new stake in shares of YPF Sociedad Anónima in the 2nd quarter valued at about $185,000. Blue Trust Inc. bought a new stake in shares of YPF Sociedad Anónima in the 2nd quarter valued at about $26,000. Banco Santander S.A. bought a new stake in shares of YPF Sociedad Anónima in the 2nd quarter valued at about $270,000. Strategic Financial Concepts LLC purchased a new position in YPF Sociedad Anónima during the 2nd quarter valued at about $618,000. Finally, LSV Asset Management increased its holdings in YPF Sociedad Anónima by 34.7% during the 2nd quarter. LSV Asset Management now owns 176,000 shares of the oil and gas exploration company’s stock valued at $3,541,000 after purchasing an additional 45,300 shares during the period. 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.