Assenagon Asset Management S.A. Acquires New Position in YPF Sociedad Anónima $YPF

Assenagon Asset Management S.A. acquired a new position in shares of YPF Sociedad Anónima (NYSE:YPF) during the 1st quarter, HoldingsChannel reports. The firm acquired 59,486 shares of the oil and gas exploration company’s stock, valued at approximately $2,749,000.

A number of other large investors have also recently bought and sold shares of the business. Hsbc Holdings PLC boosted its stake in YPF Sociedad Anónima by 70.3% in the fourth quarter. Hsbc Holdings PLC now owns 299,442 shares of the oil and gas exploration company’s stock valued at $10,792,000 after acquiring an additional 123,659 shares during the period. Alpine Global Management LLC acquired a new stake in shares of YPF Sociedad Anónima during the 4th quarter worth approximately $7,377,000. First Growth Capital LLC acquired a new stake in shares of YPF Sociedad Anónima during the 4th quarter worth approximately $715,000. Amundi lifted its holdings in shares of YPF Sociedad Anónima by 31.7% in the 4th quarter. Amundi now owns 85,574 shares of the oil and gas exploration company’s stock worth $3,094,000 after purchasing an additional 20,583 shares during the last quarter. Finally, State of Wisconsin Investment Board bought a new stake in shares of YPF Sociedad Anónima in the 4th quarter worth approximately $2,035,000. Institutional investors own 10.08% of the company’s stock.

YPF Sociedad Anónima Price Performance

Shares of NYSE:YPF opened at $45.48 on Wednesday. The firm’s 50 day moving average is $48.07 and its two-hundred day moving average is $41.66. The firm has a market capitalization of $17.89 billion, a P/E ratio of -43.73 and a beta of 1.24. The company has a current ratio of 0.94, a quick ratio of 0.73 and a debt-to-equity ratio of 0.76. YPF Sociedad Anónima has a 52 week low of $22.82 and a 52 week high of $57.49.

YPF Sociedad Anónima (NYSE:YPF) last issued its quarterly earnings data on Thursday, May 7th. The oil and gas exploration company reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $5.03 billion during the quarter, compared to the consensus estimate of $5.04 billion. Analysts anticipate that YPF Sociedad Anónima will post 5.66 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts recently issued reports on YPF shares. Zacks Research upgraded YPF Sociedad Anónima from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 6th. Morgan Stanley raised YPF Sociedad Anónima from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 30th. Weiss Ratings upgraded YPF Sociedad Anónima from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, May 28th. Wall Street Zen raised shares of YPF Sociedad Anónima from a “buy” rating to a “strong-buy” rating in a report on Saturday. Finally, UBS Group upped their price target on shares of YPF Sociedad Anónima from $45.00 to $48.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 27th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, YPF Sociedad Anónima presently has an average rating of “Moderate Buy” and an average target price of $46.00.

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.