Bank of America Corp DE Has $8.44 Million Stock Position in YPF Sociedad Anónima (NYSE:YPF)

Bank of America Corp DE grew its holdings in shares of YPF Sociedad Anónima (NYSE:YPF - Free Report) by 107.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 198,416 shares of the oil and gas exploration company's stock after buying an additional 102,838 shares during the period. Bank of America Corp DE owned 0.05% of YPF Sociedad Anónima worth $8,435,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in YPF. JPMorgan Chase & Co. lifted its stake in YPF Sociedad Anónima by 335.6% in the fourth quarter. JPMorgan Chase & Co. now owns 1,091,392 shares of the oil and gas exploration company's stock valued at $46,395,000 after buying an additional 840,842 shares during the last quarter. Strategic Financial Concepts LLC acquired a new stake in YPF Sociedad Anónima during the 4th quarter worth $2,927,000. Vaughan Nelson Investment Management L.P. purchased a new position in YPF Sociedad Anónima during the 4th quarter worth $2,244,000. Fourth Sail Capital LP acquired a new stake in shares of YPF Sociedad Anónima during the fourth quarter worth about $5,667,000. Finally, Blue Trust Inc. increased its position in YPF Sociedad Anónima by 16.1% in the 4th quarter. Blue Trust Inc. now owns 2,427 shares of the oil and gas exploration company's stock valued at $103,000 after acquiring an additional 336 shares during the period. Hedge funds and other institutional investors own 10.08% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Hsbc Global Res upgraded YPF Sociedad Anónima to a "hold" rating in a report on Monday, April 14th. HSBC upgraded shares of YPF Sociedad Anónima from a "reduce" rating to a "hold" rating and upped their target price for the company from $21.00 to $33.00 in a report on Monday, April 14th. Wall Street Zen downgraded YPF Sociedad Anónima from a "buy" rating to a "hold" rating in a research report on Tuesday, March 18th. Finally, Citigroup raised shares of YPF Sociedad Anónima from a "neutral" rating to a "buy" rating and raised their target price for the stock from $44.00 to $48.00 in a research report on Monday, May 19th. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $41.30.

YPF Sociedad Anónima Trading Down 0.8%

NYSE YPF traded down $0.29 on Thursday, hitting $36.67. 278,759 shares of the company were exchanged, compared to its average volume of 2,092,907. YPF Sociedad Anónima has a twelve month low of $16.18 and a twelve month high of $47.43. The company's 50 day moving average price is $33.04 and its 200-day moving average price is $36.95. The firm has a market capitalization of $14.42 billion, a P/E ratio of 18.44, a price-to-earnings-growth ratio of 0.18 and a beta of 1.89. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.88 and a quick ratio of 0.68.

YPF Sociedad Anónima (NYSE:YPF - Get Free Report) last posted its quarterly earnings results on Friday, March 7th. The oil and gas exploration company reported ($0.74) earnings per share for the quarter, missing analysts' consensus estimates of $0.51 by ($1.25). YPF Sociedad Anónima had a return on equity of 32.76% and a net margin of 4.15%. The company had revenue of $4.75 billion during the quarter, compared to analyst estimates of $4.86 billion. Analysts predict that YPF Sociedad Anónima will post 7.25 earnings per share for the current fiscal year.

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.