Bank of America Corp DE Buys 102,838 Shares of YPF Sociedad Anónima (NYSE:YPF)

Bank of America Corp DE boosted its position in shares of YPF Sociedad Anónima (NYSE:YPF - Free Report) by 107.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 198,416 shares of the oil and gas exploration company's stock after purchasing an additional 102,838 shares during the period. Bank of America Corp DE owned 0.05% of YPF Sociedad Anónima worth $8,435,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in YPF Sociedad Anónima by 335.6% during 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 purchasing an additional 840,842 shares in the last quarter. Strategic Financial Concepts LLC acquired a new stake in shares of YPF Sociedad Anónima during the fourth quarter worth approximately $2,927,000. Vaughan Nelson Investment Management L.P. acquired a new stake in shares of YPF Sociedad Anónima during the fourth quarter worth approximately $2,244,000. Fourth Sail Capital LP acquired a new stake in shares of YPF Sociedad Anónima during the fourth quarter worth approximately $5,667,000. Finally, Blue Trust Inc. boosted its holdings in shares of YPF Sociedad Anónima by 16.1% during the fourth quarter. Blue Trust Inc. now owns 2,427 shares of the oil and gas exploration company's stock worth $103,000 after purchasing an additional 336 shares during the period. 10.08% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

YPF has been the subject of several research reports. Wall Street Zen cut shares of YPF Sociedad Anónima from a "buy" rating to a "hold" rating in a report on Tuesday, March 18th. HSBC upgraded shares of YPF Sociedad Anónima from a "reduce" rating to a "hold" rating and raised their price target for the stock from $21.00 to $33.00 in a report on Monday, April 14th. Hsbc Global Res upgraded shares of YPF Sociedad Anónima to a "hold" rating in a report on Monday, April 14th. Finally, Citigroup upgraded shares of YPF Sociedad Anónima from a "neutral" rating to a "buy" rating and raised their price target for the stock from $44.00 to $48.00 in a report on Monday, May 19th. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, YPF Sociedad Anónima currently has an average rating of "Hold" and an average price target of $41.30.

YPF Sociedad Anónima Stock Down 1.8%

YPF traded down $0.66 during midday trading on Thursday, hitting $36.30. 1,517,628 shares of the company's stock traded hands, compared to its average volume of 2,098,359. The company has a market cap of $14.28 billion, a PE ratio of 18.33, a price-to-earnings-growth ratio of 0.18 and a beta of 1.89. The stock's fifty day simple moving average is $33.05 and its 200-day simple moving average is $37.00. 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 has a one year low of $16.18 and a one year high of $47.43.

YPF Sociedad Anónima (NYSE:YPF - Get Free Report) last issued its quarterly earnings data on Friday, March 7th. The oil and gas exploration company reported ($0.74) earnings per share for the quarter, missing the consensus estimate of $0.51 by ($1.25). The business had revenue of $4.75 billion for the quarter, compared to the consensus estimate of $4.86 billion. YPF Sociedad Anónima had a net margin of 4.15% and a return on equity of 32.76%. As a group, equities analysts anticipate 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.