Assenagon Asset Management S.A. Boosts Stock Holdings in YPF Sociedad Anonima (NYSE:YPF)

Assenagon Asset Management S.A. raised its stake in shares of YPF Sociedad Anonima (NYSE:YPF - Free Report) by 89.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 232,723 shares of the oil and gas exploration company's stock after acquiring an additional 109,844 shares during the quarter. Assenagon Asset Management S.A. owned approximately 0.06% of YPF Sociedad Anonima worth $8,155,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Canada Pension Plan Investment Board acquired a new position in shares of YPF Sociedad Anonima in the 4th quarter valued at $89,009,000. Duquesne Family Office LLC lifted its holdings in shares of YPF Sociedad Anonima by 292.4% during the fourth 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 period. William Blair Investment Management LLC purchased a new stake in YPF Sociedad Anonima in the fourth quarter valued at approximately $45,664,000. BNP Paribas Financial Markets boosted its position in YPF Sociedad Anonima by 2,092.6% in the fourth quarter. BNP Paribas Financial Markets now owns 945,959 shares of the oil and gas exploration company's stock valued at $40,213,000 after buying an additional 902,815 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in YPF Sociedad Anonima by 335.6% in the 4th quarter. JPMorgan Chase & Co. now owns 1,091,392 shares of the oil and gas exploration company's stock worth $46,395,000 after buying an additional 840,842 shares during the period. 10.08% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently commented on YPF. HSBC raised shares of YPF Sociedad Anonima from a "reduce" rating to a "hold" rating and upped their price objective for the company from $21.00 to $33.00 in a report on Monday, April 14th. Citigroup upgraded YPF Sociedad Anonima from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $44.00 to $48.00 in a research note on Monday, May 19th. Hsbc Global Res upgraded YPF Sociedad Anonima to a "hold" rating in a research note on Monday, April 14th. Finally, Wall Street Zen cut YPF Sociedad Anonima from a "buy" rating to a "hold" rating in a research report on Tuesday, March 18th. Five equities research analysts have rated the stock with a hold rating and four 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 price target of $41.30.

YPF Sociedad Anonima Price Performance

NYSE YPF traded down $0.05 during trading hours on Wednesday, reaching $35.38. The company's stock had a trading volume of 750,813 shares, compared to its average volume of 2,046,297. The firm has a market capitalization of $13.92 billion, a price-to-earnings ratio of 8.25, a P/E/G ratio of 0.45 and a beta of 1.85. The company's 50-day moving average is $33.58 and its two-hundred day moving average is $36.89. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.79 and a quick ratio of 0.60. YPF Sociedad Anonima has a 1-year low of $16.18 and a 1-year high of $47.43.

About YPF Sociedad Anonima

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.