YPF Sociedad Anónima (NYSE:YPF) Shares Sold by Driehaus Capital Management LLC

Driehaus Capital Management LLC lessened its stake in shares of YPF Sociedad Anónima (NYSE:YPF) by 63.6% during the second quarter, HoldingsChannel reports. The firm owned 641,767 shares of the oil and gas exploration company’s stock after selling 1,120,049 shares during the period. Driehaus Capital Management LLC’s holdings in YPF Sociedad Anónima were worth $12,912,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Blue Trust Inc. purchased a new stake in shares of YPF Sociedad Anónima during the second quarter worth about $26,000. Transcendent Capital Group LLC bought a new stake in YPF Sociedad Anónima in the first quarter valued at about $28,000. Ashton Thomas Private Wealth LLC bought a new stake in YPF Sociedad Anónima in the second quarter valued at about $63,000. Headlands Technologies LLC bought a new stake in YPF Sociedad Anónima in the first quarter valued at about $113,000. Finally, SG Americas Securities LLC bought a new stake in YPF Sociedad Anónima in the second quarter valued at about $185,000. 10.08% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Bank of America boosted their price objective on YPF Sociedad Anónima from $28.00 to $29.00 and gave the company a “neutral” rating in a report on Wednesday, September 18th. Jefferies Financial Group raised YPF Sociedad Anónima from a “hold” rating to a “buy” rating and upped their target price for the company from $23.50 to $30.00 in a report on Friday, August 30th. StockNews.com raised YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a report on Monday, August 12th. The Goldman Sachs Group upped their target price on YPF Sociedad Anónima from $22.90 to $25.60 and gave the company a “neutral” rating in a report on Thursday, July 25th. Finally, JPMorgan Chase & Co. upped their target price on YPF Sociedad Anónima from $20.50 to $24.00 and gave the company a “neutral” rating in a report on Wednesday. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $25.94.

YPF Sociedad Anónima Stock Performance

Shares of NYSE YPF opened at $21.68 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.73 and a debt-to-equity ratio of 0.71. The stock has a 50 day simple moving average of $21.62 and a 200-day simple moving average of $21.22. The company has a market cap of $8.53 billion, a PE ratio of -8.47, a P/E/G ratio of 0.11 and a beta of 1.81. YPF Sociedad Anónima has a 12-month low of $9.57 and a 12-month high of $24.76.

YPF Sociedad Anónima (NYSE:YPF) last released its earnings results on Thursday, August 8th. The oil and gas exploration company reported $1.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.90. The firm had revenue of $4.94 billion during the quarter, compared to the consensus estimate of $4.59 billion. YPF Sociedad Anónima had a positive return on equity of 22.86% and a negative net margin of 4.57%. On average, equities research analysts forecast that YPF Sociedad Anónima will post 5.12 EPS for the current year.

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.