RWC Asset Management LLP Sells 200,032 Shares of YPF Sociedad Anonima (NYSE:YPF)

Key Points

• RWC Asset Management LLP significantly reduced its stake in YPF Sociedad Anonima by 79.8%, selling over 200,000 shares in the 1st quarter.
• MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. and Duquesne Family Office LLC increased their stakes in YPF by 26.6% and 292.4% respectively, indicating some positive investor interest.
• Analysts have mixed ratings on YPF, with Citigroup upgrading it from "neutral" to "buy" and setting a price target of $48.00, while the average consensus price target stands at $43.92.

RWC Asset Management LLP cut its position in YPF Sociedad Anonima (NYSE:YPF - Free Report) by 79.8% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 50,743 shares of the oil and gas exploration company's stock after selling 200,032 shares during the period. RWC Asset Management LLP's holdings in YPF Sociedad Anonima were worth $1,778,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of YPF. Diversify Advisory Services LLC increased its stake in shares of YPF Sociedad Anonima by 13.8% in the first quarter. Diversify Advisory Services LLC now owns 14,354 shares of the oil and gas exploration company's stock worth $503,000 after purchasing an additional 1,745 shares in the last quarter. Burns Matteson Capital Management LLC raised its stake in shares of YPF Sociedad Anonima by 29.0% in the first 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 acquiring an additional 1,401 shares during the period. Diversify Wealth Management LLC raised its stake in shares of YPF Sociedad Anonima by 14.1% in the first quarter. Diversify Wealth Management LLC now owns 50,208 shares of the oil and gas exploration company's stock valued at $1,759,000 after acquiring an additional 6,221 shares during the period. GF Fund Management CO. LTD. bought a new stake in YPF Sociedad Anonima during the 1st quarter valued at about $1,930,000. Finally, North of South Capital LLP lifted its holdings in YPF Sociedad Anonima by 12.2% during the 1st quarter. North of South Capital LLP now owns 1,387,350 shares of the oil and gas exploration company's stock valued at $48,613,000 after buying an additional 150,366 shares in the last quarter. 10.08% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

YPF has been the topic of a number of research reports. Hsbc Global Res raised shares of YPF Sociedad Anonima to a "hold" rating in a research report on Monday, April 14th. HSBC raised shares of YPF Sociedad Anonima from a "reduce" rating to a "hold" rating and lifted their price objective for the stock from $21.00 to $33.00 in a research report on Monday, April 14th. Citigroup raised shares of YPF Sociedad Anonima from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $44.00 to $48.00 in a research report on Monday, May 19th. Finally, Wall Street Zen raised shares of YPF Sociedad Anonima from a "sell" rating to a "hold" rating in a research report on Friday, June 27th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $43.92.

YPF Sociedad Anonima Stock Performance

Shares of YPF traded down $0.86 during mid-day trading on Wednesday, reaching $33.95. 1,201,161 shares of the company's stock were exchanged, compared to its average volume of 2,012,916. The business's fifty day simple moving average is $33.70 and its 200-day simple moving average is $34.75. YPF Sociedad Anonima has a 52-week low of $16.18 and a 52-week high of $47.43. 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 stock has a market capitalization of $13.35 billion, a PE ratio of 7.91, a price-to-earnings-growth ratio of 0.47 and a beta of 1.78.

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.