Zacks Investment Research Upgrades YPF SA (YPF) to “Hold”
YPF SA (NYSE:YPF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Thursday.
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. “
Shares of YPF SA (NYSE:YPF) opened at 18.86 on Thursday. The firm’s 50-day moving average price is $17.87 and its 200 day moving average price is $18.97. The firm has a market capitalization of $7.41 billion, a price-to-earnings ratio of 277.35 and a beta of 1.73. YPF SA has a 52 week low of $12.67 and a 52 week high of $22.49.
Institutional investors have recently modified their holdings of the stock. LSV Asset Management raised its position in shares of YPF SA by 40.0% in the second quarter. LSV Asset Management now owns 5,600 shares of the oil and gas exploration company’s stock worth $107,000 after buying an additional 1,600 shares during the last quarter. Huntington National Bank raised its stake in YPF SA by 9.2% in the second quarter. Huntington National Bank now owns 6,334 shares of the oil and gas exploration company’s stock valued at $122,000 after buying an additional 536 shares in the last quarter. NN Investment Partners Holdings N.V. bought a new stake in YPF SA during the first quarter valued at $133,000. Sei Investments Co. raised its stake in YPF SA by 110.0% in the second quarter. Sei Investments Co. now owns 9,260 shares of the oil and gas exploration company’s stock valued at $179,000 after buying an additional 4,851 shares in the last quarter. Finally, 1st Global Advisors Inc. bought a new stake in YPF SA during the second quarter valued at $194,000. 27.23% of the stock is owned by hedge funds and other institutional investors.
About YPF SA
YPF Sociedad Anonima is an energy company. The Company is operating a fully integrated oil and gas chain. The Company has two segments: Exploration and Production and Downstream. The Company’s Exploration and Production segment includes exploration and production activities, natural gas and crude oil purchases, sales of natural gas and crude oil to third parties and intersegment sales of crude oil, natural gas and its byproducts.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for YPF SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for YPF SA and related companies with MarketBeat.com's FREE daily email newsletter.