YPF Sociedad Anonima $YPF Shares Sold by William Blair Investment Management LLC

Key Points

• William Blair Investment Management LLC reduced its stake in YPF Sociedad Anonima by 46%, selling over 772,000 shares during the second quarter, leaving it with approximately 0.23% ownership of the company.
• YPF's recent earnings report showed a loss of $0.43 per share, significantly missing analysts’ expectations of $0.56, with revenue slightly exceeding estimates at $3.47 million.
• Analysts have mixed views on YPF, with target prices ranging from $43.60 to $44.00, indicating a general consensus of a "Hold" rating amidst some upgrades and downgrades.

William Blair Investment Management LLC lowered its holdings in YPF Sociedad Anonima (NYSE:YPF - Free Report) by 46.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 907,929 shares of the oil and gas exploration company's stock after selling 772,911 shares during the period. William Blair Investment Management LLC owned approximately 0.23% of YPF Sociedad Anonima worth $28,560,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of YPF. Sunbelt Securities Inc. lifted its holdings in shares of 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 valued at $68,000 after purchasing an additional 1,708 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of YPF Sociedad Anonima in the first quarter valued at $89,000. Burns Matteson Capital Management LLC lifted its holdings 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 purchasing an additional 1,401 shares in the last quarter. LGT Group Foundation purchased a new stake in shares of YPF Sociedad Anonima in the first quarter valued at $238,000. Finally, Mutual Advisors LLC purchased a new stake in shares of YPF Sociedad Anonima in the second quarter valued at $259,000. Hedge funds and other institutional investors own 10.08% of the company's stock.

YPF Sociedad Anonima Price Performance

NYSE YPF opened at $26.02 on Monday. YPF Sociedad Anonima has a fifty-two week low of $22.82 and a fifty-two week high of $47.43. The stock's 50-day moving average is $28.29 and its two-hundred day moving average is $31.36. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.75 and a quick ratio of 0.55. The firm has a market cap of $10.23 billion, a P/E ratio of 8.39, a price-to-earnings-growth ratio of 0.51 and a beta of 1.72.

YPF Sociedad Anonima (NYSE:YPF - Get Free Report) last posted its earnings results on Thursday, August 7th. The oil and gas exploration company reported $0.13 earnings per share 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 company had revenue of $3.47 million for the quarter, compared to the consensus estimate of $3.37 million. On average, analysts anticipate that YPF Sociedad Anonima will post 7.25 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. JPMorgan Chase & Co. reduced their target price on YPF Sociedad Anonima from $47.00 to $44.00 and set an "overweight" rating for the company in a report on Friday. Weiss Ratings reiterated a "hold (c)" rating on shares of YPF Sociedad Anonima in a report on Wednesday, October 8th. Wall Street Zen upgraded YPF Sociedad Anonima from a "sell" rating to a "hold" rating in a report on Friday, June 27th. Finally, Zacks Research lowered YPF Sociedad Anonima from a "hold" rating to a "strong sell" rating in a report on Tuesday, September 9th. Three investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $43.60.

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.

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