Duquesne Family Office LLC Boosts Position in YPF Sociedad Anonima $YPF

Key Points

• Duquesne Family Office LLC increased its stake in YPF Sociedad Anonima by 23.0% in Q1, now owning approximately $72.7 million in shares.
• Sunbelt Securities raised its position in YPF shares by an astonishing 742.6% in the same quarter, indicating increased interest from institutional investors.
• Analysts have adjusted their ratings on YPF, with Citigroup upgrading it to buy and setting a price target of $48.00, while the consensus rating is a Moderate Buy with a price target of $46.70.

Duquesne Family Office LLC boosted its position in shares of YPF Sociedad Anonima (NYSE:YPF - Free Report) by 23.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,075,390 shares of the oil and gas exploration company's stock after acquiring an additional 387,674 shares during the period. YPF Sociedad Anonima accounts for about 2.4% of Duquesne Family Office LLC's investment portfolio, making the stock its 13th largest position. Duquesne Family Office LLC owned about 0.53% of YPF Sociedad Anonima worth $72,722,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sunbelt Securities Inc. increased its position in YPF Sociedad Anonima by 742.6% in the first quarter. Sunbelt Securities Inc. now owns 1,938 shares of the oil and gas exploration company's stock worth $68,000 after purchasing an additional 1,708 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of YPF Sociedad Anonima during the first quarter valued at $89,000. Burns Matteson Capital Management LLC boosted its stake in shares of YPF Sociedad Anonima by 29.0% during 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 purchasing an additional 1,401 shares during the period. LGT Group Foundation purchased a new stake in shares of YPF Sociedad Anonima during the first quarter valued at $238,000. Finally, Wells Fargo & Company MN boosted its stake in shares of YPF Sociedad Anonima by 253.5% during the fourth quarter. Wells Fargo & Company MN now owns 5,730 shares of the oil and gas exploration company's stock valued at $244,000 after purchasing an additional 4,109 shares during the period. Institutional investors own 10.08% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on YPF shares. Citigroup raised shares of YPF Sociedad Anonima from a "neutral" rating to a "buy" rating and boosted their target price for the company from $44.00 to $48.00 in a research note on Monday, May 19th. Wall Street Zen raised shares of YPF Sociedad Anonima from a "sell" rating to a "hold" rating in a research note on Friday, June 27th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $46.70.

YPF Sociedad Anonima Stock Up 2.8%

Shares of YPF stock traded up $0.74 during mid-day trading on Tuesday, hitting $26.84. 3,416,085 shares of the stock traded hands, compared to its average volume of 2,007,652. The stock has a market cap of $10.56 billion, a P/E ratio of 8.66, a P/E/G ratio of 0.58 and a beta of 1.91. The stock's fifty day moving average is $32.06 and its two-hundred day moving average is $33.17. YPF Sociedad Anonima has a 52-week low of $21.01 and a 52-week high of $47.43. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.75 and a quick ratio of 0.55.

YPF Sociedad Anonima (NYSE:YPF - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The oil and gas exploration company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.56 by ($0.43). YPF Sociedad Anonima had a net margin of 6.32% and a return on equity of 12.39%. The firm had revenue of $3.47 million for the quarter, compared to analysts' expectations of $3.37 million. Equities analysts predict that YPF Sociedad Anonima will post 7.25 EPS for the current year.

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.