Ping Capital Management Inc. Has $27.49 Million Stock Position in YPF Sociedad Anonima (NYSE:YPF)

Ping Capital Management Inc. lowered its holdings in shares of YPF Sociedad Anonima (NYSE:YPF - Free Report) by 62.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 784,600 shares of the oil and gas exploration company's stock after selling 1,289,500 shares during the quarter. YPF Sociedad Anonima accounts for about 10.2% of Ping Capital Management Inc.'s portfolio, making the stock its biggest position. Ping Capital Management Inc. owned about 0.20% of YPF Sociedad Anonima worth $27,492,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of YPF. Sunbelt Securities Inc. raised its position in YPF Sociedad Anonima by 742.6% in the 1st quarter. Sunbelt Securities Inc. now owns 1,938 shares of the oil and gas exploration company's stock valued at $68,000 after buying an additional 1,708 shares during the last quarter. Peapack Gladstone Financial Corp acquired a new stake in YPF Sociedad Anonima in the 4th quarter valued at approximately $203,000. Burns Matteson Capital Management LLC raised its position in YPF Sociedad Anonima by 29.0% in the 1st quarter. Burns Matteson Capital Management LLC now owns 6,234 shares of the oil and gas exploration company's stock valued at $218,000 after buying an additional 1,401 shares during the last quarter. Wells Fargo & Company MN raised its position in YPF Sociedad Anonima by 253.5% in the 4th quarter. Wells Fargo & Company MN now owns 5,730 shares of the oil and gas exploration company's stock valued at $244,000 after buying an additional 4,109 shares during the last quarter. Finally, NorthRock Partners LLC acquired a new stake in YPF Sociedad Anonima in the 4th quarter valued at approximately $259,000. Institutional investors and hedge funds own 10.08% of the company's stock.

YPF Sociedad Anonima Stock Performance

Shares of NYSE YPF traded down $0.16 during midday trading on Friday, hitting $30.75. 1,347,887 shares of the company's stock were exchanged, compared to its average volume of 2,052,533. The company has a quick ratio of 0.60, a current ratio of 0.79 and a debt-to-equity ratio of 0.66. YPF Sociedad Anonima has a 12 month low of $16.18 and a 12 month high of $47.43. The company's 50 day moving average price is $34.21 and its 200 day moving average price is $35.42. The firm has a market capitalization of $12.09 billion, a PE ratio of 7.17, a price-to-earnings-growth ratio of 0.40 and a beta of 1.78.

Analyst Ratings Changes

YPF has been the topic of several recent analyst reports. Wall Street Zen raised YPF Sociedad Anonima from a "sell" rating to a "hold" rating in a research report on Friday, June 27th. HSBC raised YPF Sociedad Anonima from a "reduce" rating to a "hold" rating and boosted their price target for the stock from $21.00 to $33.00 in a research report on Monday, April 14th. Citigroup raised YPF Sociedad Anonima from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $44.00 to $48.00 in a research report on Monday, May 19th. Finally, Hsbc Global Res raised YPF Sociedad Anonima to a "hold" rating in a research report on Monday, April 14th. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $41.30.

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.