YPF Sociedad Anonima $YPF is Ping Capital Management Inc.’s 2nd Largest Position

Ping Capital Management Inc. raised its stake in YPF Sociedad Anonima (NYSE:YPF) by 36.1% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 2,017,000 shares of the oil and gas exploration company’s stock after acquiring an additional 534,800 shares during the period. YPF Sociedad Anonima comprises 16.7% of Ping Capital Management Inc.’s holdings, making the stock its 2nd largest position. Ping Capital Management Inc.’s holdings in YPF Sociedad Anonima were worth $48,993,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in YPF Sociedad Anonima by 55.7% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,379,408 shares of the oil and gas exploration company’s stock valued at $106,282,000 after buying an additional 1,208,440 shares during the last quarter. North of South Capital LLP boosted its holdings in shares of YPF Sociedad Anonima by 4.5% during the third quarter. North of South Capital LLP now owns 1,619,983 shares of the oil and gas exploration company’s stock worth $39,349,000 after purchasing an additional 69,634 shares during the period. Vaughan Nelson Investment Management L.P. grew its stake in shares of YPF Sociedad Anonima by 12.8% in the second quarter. Vaughan Nelson Investment Management L.P. now owns 173,256 shares of the oil and gas exploration company’s stock worth $5,449,000 after purchasing an additional 19,640 shares during the last quarter. Insigneo Advisory Services LLC lifted its holdings in YPF Sociedad Anonima by 37.1% in the 2nd quarter. Insigneo Advisory Services LLC now owns 128,502 shares of the oil and gas exploration company’s stock worth $4,041,000 after buying an additional 34,802 shares during the period. Finally, Fiera Capital Corp bought a new stake in shares of YPF Sociedad Anonima in the 2nd quarter worth approximately $3,176,000. Institutional investors own 10.08% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on YPF shares. Zacks Research lowered YPF Sociedad Anonima from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of YPF Sociedad Anonima in a research note on Wednesday. Finally, JPMorgan Chase & Co. decreased their price target on shares of YPF Sociedad Anonima from $47.00 to $44.00 and set an “overweight” rating for the company in a research note on Friday, October 17th. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, YPF Sociedad Anonima presently has an average rating of “Hold” and a consensus target price of $41.67.

YPF Sociedad Anonima Trading Up 2.1%

NYSE:YPF opened at $36.44 on Friday. The firm has a market capitalization of $14.33 billion, a P/E ratio of -30.88, a PEG ratio of 0.32 and a beta of 1.48. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.75 and a quick ratio of 0.54. YPF Sociedad Anonima has a one year low of $22.82 and a one year high of $42.69. The company’s 50-day simple moving average is $35.68 and its 200 day simple moving average is $32.34.

YPF Sociedad Anonima (NYSE:YPF) last released its earnings results on Friday, November 7th. The oil and gas exploration company reported ($0.53) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($1.35). The business had revenue of $4.59 billion for the quarter, compared to analysts’ expectations of $4.55 billion. YPF Sociedad Anonima had a negative net margin of 2.45% and a positive return on equity of 2.88%. As a group, analysts forecast that YPF Sociedad Anonima will post 7.25 EPS for the current fiscal year.

YPF Sociedad Anonima 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.