Lord Abbett & CO. LLC Makes New $24.95 Million Investment in YPF Sociedad Anónima (NYSE:YPF)

Lord Abbett & CO. LLC acquired a new position in shares of YPF Sociedad Anónima (NYSE:YPF - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 587,000 shares of the oil and gas exploration company's stock, valued at approximately $24,953,000. Lord Abbett & CO. LLC owned approximately 0.15% of YPF Sociedad Anónima at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Advisors Preferred LLC bought a new stake in shares of YPF Sociedad Anónima in the fourth quarter valued at approximately $44,000. GAMMA Investing LLC boosted its holdings in shares of YPF Sociedad Anónima by 130.3% in the fourth quarter. GAMMA Investing LLC now owns 2,211 shares of the oil and gas exploration company's stock valued at $94,000 after buying an additional 1,251 shares during the period. Blue Trust Inc. grew its position in YPF Sociedad Anónima by 16.1% in the fourth quarter. Blue Trust Inc. now owns 2,427 shares of the oil and gas exploration company's stock valued at $103,000 after purchasing an additional 336 shares in the last quarter. Verde Servicos Internacionais S.A. acquired a new position in shares of YPF Sociedad Anónima during the 4th quarter worth about $128,000. Finally, Mirae Asset Global Investments Co. Ltd. lifted its position in YPF Sociedad Anónima by 41.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,829 shares of the oil and gas exploration company's stock worth $163,000 after acquiring an additional 1,119 shares during the last quarter. 10.08% of the stock is currently owned by hedge funds and other institutional investors.

YPF Sociedad Anónima Stock Performance

Shares of YPF stock traded down $0.07 on Friday, hitting $29.18. 762,321 shares of the stock traded hands, compared to its average volume of 2,102,168. The company's fifty day moving average is $33.07 and its 200 day moving average is $35.84. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.88 and a quick ratio of 0.68. The company has a market capitalization of $11.47 billion, a PE ratio of 14.68, a PEG ratio of 0.18 and a beta of 1.58. YPF Sociedad Anónima has a 1-year low of $16.18 and a 1-year high of $47.43.

YPF Sociedad Anónima (NYSE:YPF - Get Free Report) last announced its earnings results 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). YPF Sociedad Anónima had a net margin of 4.15% and a return on equity of 32.76%. The business had revenue of $4.75 billion for the quarter, compared to the consensus estimate of $4.86 billion. On average, equities research analysts predict that YPF Sociedad Anónima will post 7.25 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have commented on YPF. StockNews.com downgraded YPF Sociedad Anónima from a "buy" rating to a "hold" rating in a research note on Tuesday, March 18th. Hsbc Global Res upgraded YPF Sociedad Anónima to a "hold" rating in a research report on Monday, April 14th. HSBC upgraded shares of YPF Sociedad Anónima from a "reduce" rating to a "hold" rating and boosted their price target for the company from $21.00 to $33.00 in a research report on Monday, April 14th. Finally, JPMorgan Chase & Co. raised shares of YPF Sociedad Anónima from a "neutral" rating to an "overweight" rating and lifted their target price for the stock from $25.00 to $59.50 in a research report on Friday, January 10th. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $40.73.

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.