Zacks Investment Research downgraded shares of YPF (NYSE:YPF) from a buy rating to a hold rating in a report released on Saturday.
According to Zacks, “YPF Sociedad Anonima is an international energy company, based on the integrated business of hydrocarbons, focalized in Latin America, with high standards of efficiency, profitability and responsibility. They have a dominant position in Argentina’s exploration, production, refining and marketing sectors, as well as a growing presence in petrochemicals. “
Several other research firms have also recently weighed in on YPF. Credit Suisse Group cut shares of YPF from an outperform rating to a neutral rating in a research report on Monday, January 29th. JPMorgan Chase & Co. reaffirmed a hold rating and set a $33.00 price objective (up previously from $29.00) on shares of YPF in a research report on Tuesday, February 20th. Finally, Santander raised shares of YPF from a hold rating to a buy rating in a research report on Monday, December 11th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus price target of $28.80.
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. BNP Paribas Arbitrage SA lifted its position in YPF by 15.1% during the third quarter. BNP Paribas Arbitrage SA now owns 15,648 shares of the oil and gas exploration company’s stock worth $349,000 after purchasing an additional 2,053 shares during the period. American Trust Investment Advisors LLC raised its stake in YPF by 1.8% during the fourth quarter. American Trust Investment Advisors LLC now owns 130,430 shares of the oil and gas exploration company’s stock worth $2,988,000 after acquiring an additional 2,340 shares in the last quarter. Wells Fargo & Company MN raised its stake in YPF by 0.9% during the fourth quarter. Wells Fargo & Company MN now owns 350,265 shares of the oil and gas exploration company’s stock worth $8,024,000 after acquiring an additional 2,986 shares in the last quarter. FNY Partners Fund LP raised its stake in YPF by 163.2% during the third quarter. FNY Partners Fund LP now owns 5,000 shares of the oil and gas exploration company’s stock worth $111,000 after acquiring an additional 3,100 shares in the last quarter. Finally, BARING ASSET MANAGEMENT Ltd raised its stake in YPF by 1.6% during the third quarter. BARING ASSET MANAGEMENT Ltd now owns 271,258 shares of the oil and gas exploration company’s stock worth $6,044,000 after acquiring an additional 4,348 shares in the last quarter. 28.97% of the stock is owned by institutional investors and hedge funds.
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YPF Company Profile
YPF Sociedad Anonima (YPF) is an energy company. The Company is operating a fully integrated oil and gas chain. The Company operates through the segments, including Exploration and Production, Downstream, and Corporate and Other. The Company’s Exploration and Production segment includes exploration and production activities, natural gas and crude oil purchases, sales of natural gas, and to a lesser extent crude oil, to third parties and intersegment sales of crude oil, natural gas and its byproducts.
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