Norden Group LLC Acquires New Position in YPF Sociedad Anónima (NYSE:YPF)

Norden Group LLC bought a new position in shares of YPF Sociedad Anónima (NYSE:YPF) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 19,275 shares of the oil and gas exploration company’s stock, valued at approximately $382,000.

A number of other large investors have also recently modified their holdings of YPF. TT International Asset Management LTD lifted its position in shares of YPF Sociedad Anónima by 35.5% during the 4th quarter. TT International Asset Management LTD now owns 4,238,557 shares of the oil and gas exploration company’s stock worth $72,860,000 after buying an additional 1,109,483 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of YPF Sociedad Anónima by 2,877.9% in the fourth quarter. BNP Paribas Financial Markets now owns 1,051,599 shares of the oil and gas exploration company’s stock worth $18,077,000 after acquiring an additional 1,016,286 shares during the last quarter. Fourth Sail Capital LP acquired a new stake in shares of YPF Sociedad Anónima in the 1st quarter valued at approximately $14,576,000. RWC Asset Management LLP bought a new stake in shares of YPF Sociedad Anónima during the 4th quarter valued at approximately $10,745,000. Finally, SPX Gestao de Recursos Ltda acquired a new position in YPF Sociedad Anónima during the 4th quarter worth approximately $7,471,000. Institutional investors and hedge funds own 10.08% of the company’s stock.

YPF Sociedad Anónima Price Performance

Shares of YPF opened at $21.28 on Friday. The business has a 50-day moving average of $21.57 and a 200-day moving average of $19.43. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.95 and a quick ratio of 0.73. The company has a market capitalization of $8.37 billion, a price-to-earnings ratio of -8.31 and a beta of 1.89. YPF Sociedad Anónima has a 1 year low of $9.57 and a 1 year high of $24.76.

YPF Sociedad Anónima (NYSE:YPF) last released its quarterly earnings results on Thursday, May 9th. The oil and gas exploration company reported $1.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.68. YPF Sociedad Anónima had a negative net margin of 5.78% and a positive return on equity of 20.70%. The firm had revenue of $4.31 billion during the quarter, compared to analyst estimates of $4.16 billion. As a group, equities research analysts anticipate that YPF Sociedad Anónima will post 6.12 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Bank of America upgraded shares of YPF Sociedad Anónima from an “underperform” rating to a “neutral” rating in a research report on Thursday, May 23rd. The Goldman Sachs Group boosted their price objective on YPF Sociedad Anónima from $20.00 to $22.90 and gave the stock a “neutral” rating in a research report on Friday, May 17th. JPMorgan Chase & Co. increased their target price on YPF Sociedad Anónima from $18.50 to $20.00 and gave the company a “neutral” rating in a research report on Tuesday, May 28th. Citigroup cut YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and boosted their price target for the stock from $20.00 to $24.00 in a report on Wednesday, April 17th. Finally, StockNews.com upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a report on Tuesday, May 21st. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $21.73.

YPF Sociedad Anónima Company Profile

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.