Alberta Investment Management Corp Has $11.54 Million Stock Position in YPF Sociedad Anonima (NYSE:YPF)

Key Points

• Alberta Investment Management Corp increased its stake in YPF Sociedad Anonima by 42.4% in the 1st quarter, holding approximately $11.5 million worth of shares.
• Other institutional investors have also significantly boosted their positions, including Sunbelt Securities Inc. with a 742.6% increase in holdings.
• YPF's stock has received upgrades from various analysts, with a current consensus rating of "Moderate Buy" and an average price target of $43.92.

Alberta Investment Management Corp lifted its holdings in shares of YPF Sociedad Anonima (NYSE:YPF - Free Report) by 42.4% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 329,295 shares of the oil and gas exploration company's stock after buying an additional 98,124 shares during the period. Alberta Investment Management Corp owned 0.08% of YPF Sociedad Anonima worth $11,538,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in YPF Sociedad Anonima by 26.6% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,145,571 shares of the oil and gas exploration company's stock worth $91,208,000 after purchasing an additional 450,935 shares during the last quarter. Canada Pension Plan Investment Board bought a new position in YPF Sociedad Anonima in the 4th quarter worth about $89,009,000. Duquesne Family Office LLC grew its position in YPF Sociedad Anonima by 292.4% in the 4th quarter. Duquesne Family Office LLC now owns 1,687,716 shares of the oil and gas exploration company's stock worth $71,745,000 after purchasing an additional 1,257,616 shares during the last quarter. Voloridge Investment Management LLC grew its position in YPF Sociedad Anonima by 41.8% in the 4th quarter. Voloridge Investment Management LLC now owns 1,587,869 shares of the oil and gas exploration company's stock worth $67,500,000 after purchasing an additional 467,793 shares during the last quarter. Finally, North of South Capital LLP grew its position in YPF Sociedad Anonima by 12.2% in the 1st quarter. North of South Capital LLP now owns 1,387,350 shares of the oil and gas exploration company's stock worth $48,613,000 after purchasing an additional 150,366 shares during the last quarter. Institutional investors own 10.08% of the company's stock.

YPF Sociedad Anonima Stock Performance

Shares of NYSE YPF traded up $0.73 during trading hours on Tuesday, hitting $34.21. 684,560 shares of the stock were exchanged, compared to its average volume of 1,981,638. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.79 and a quick ratio of 0.60. The company's 50 day moving average is $33.48 and its 200 day moving average is $34.39. The firm has a market capitalization of $13.46 billion, a P/E ratio of 7.97, a P/E/G ratio of 0.46 and a beta of 1.79. YPF Sociedad Anonima has a one year low of $17.82 and a one year high of $47.43.

Analyst Ratings Changes

YPF has been the subject of a number of research analyst reports. Wall Street Zen raised shares of YPF Sociedad Anonima from a "sell" rating to a "hold" rating in a research note on Friday, June 27th. HSBC raised shares of YPF Sociedad Anonima from a "reduce" rating to a "hold" rating and upped their price target for the stock from $21.00 to $33.00 in a research note on Monday, April 14th. Citigroup raised shares of YPF Sociedad Anonima from a "neutral" rating to a "buy" rating and upped their price target for the stock from $44.00 to $48.00 in a research note on Monday, May 19th. Finally, Hsbc Global Res raised shares of YPF Sociedad Anonima to a "hold" rating in a research note on Monday, April 14th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, YPF Sociedad Anonima presently has an average rating of "Moderate Buy" and a consensus price target of $43.92.

YPF Sociedad Anonima 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.