Assenagon Asset Management S.A. Trims Stock Position in YPF Sociedad Anónima (NYSE:YPF)

Assenagon Asset Management S.A. cut its position in shares of YPF Sociedad Anónima (NYSE:YPF) by 60.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 122,879 shares of the oil and gas exploration company’s stock after selling 189,414 shares during the period. Assenagon Asset Management S.A.’s holdings in YPF Sociedad Anónima were worth $5,224,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Blue Trust Inc. increased its position in shares of YPF Sociedad Anónima by 58.4% during the third quarter. Blue Trust Inc. now owns 2,091 shares of the oil and gas exploration company’s stock valued at $42,000 after acquiring an additional 771 shares during the last quarter. GAMMA Investing LLC increased its position in shares of YPF Sociedad Anónima by 130.3% during the fourth quarter. GAMMA Investing LLC now owns 2,211 shares of the oil and gas exploration company’s stock valued at $94,000 after acquiring an additional 1,251 shares during the last quarter. Activest Wealth Management acquired a new stake in shares of YPF Sociedad Anónima during the third quarter valued at about $144,000. Deltec Asset Management LLC acquired a new position in shares of YPF Sociedad Anónima in the third quarter valued at approximately $201,000. Finally, Dark Forest Capital Management LP acquired a new position in shares of YPF Sociedad Anónima in the second quarter valued at approximately $263,000. 10.08% of the stock is owned by hedge funds and other institutional investors.

YPF Sociedad Anónima Trading Down 2.5 %

Shares of YPF Sociedad Anónima stock opened at $42.73 on Tuesday. The company has a fifty day simple moving average of $41.07 and a 200-day simple moving average of $29.11. YPF Sociedad Anónima has a 12-month low of $14.90 and a 12-month high of $47.43. The company has a current ratio of 0.88, a quick ratio of 0.68 and a debt-to-equity ratio of 0.59. The stock has a market cap of $16.81 billion, a price-to-earnings ratio of 21.58, a PEG ratio of 0.21 and a beta of 1.91.

Wall Street Analyst Weigh In

YPF has been the subject of a number of research reports. UBS Group restated a “neutral” rating and issued a $38.00 price objective (up previously from $30.00) on shares of YPF Sociedad Anónima in a report on Wednesday, December 4th. Bank of America upgraded shares of YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $31.00 to $55.00 in a report on Monday, December 9th. StockNews.com upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a report on Monday. JPMorgan Chase & Co. upgraded shares of YPF Sociedad Anónima from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $25.00 to $59.50 in a report on Friday, January 10th. Finally, Citigroup cut shares of YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and lifted their price objective for the company from $33.00 to $44.00 in a report on Wednesday, November 27th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, YPF Sociedad Anónima currently has an average rating of “Moderate Buy” and an average price target of $39.16.

YPF Sociedad Anónima 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.