YPF Sociedad Anónima (NYSE:YPF) Hits New 52-Week High at $23.94

YPF Sociedad Anónima (NYSE:YPF - Get Free Report)'s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $23.94 and last traded at $23.94, with a volume of 704 shares. The stock had previously closed at $23.38.

Analyst Ratings Changes

Several equities analysts have recently weighed in on YPF shares. Morgan Stanley upgraded YPF Sociedad Anónima from an "underweight" rating to an "equal weight" rating and raised their price objective for the company from $10.50 to $22.00 in a report on Thursday, March 21st. StockNews.com cut shares of YPF Sociedad Anónima from a "buy" rating to a "hold" rating in a report on Tuesday, April 16th. The Goldman Sachs Group raised their price objective on shares of YPF Sociedad Anónima from $17.40 to $20.00 and gave the company a "neutral" rating in a report on Thursday, April 18th. Citigroup cut YPF Sociedad Anónima from a "buy" rating to a "neutral" rating and upped their target price for the company from $20.00 to $24.00 in a report on Wednesday, April 17th. Finally, UBS Group raised shares of YPF Sociedad Anónima from a "neutral" rating to a "buy" rating and upped their price objective for the company from $18.00 to $27.00 in a research note on Thursday, February 22nd. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, YPF Sociedad Anónima has an average rating of "Hold" and an average price target of $20.58.

YPF Sociedad Anónima Price Performance

The stock has a market capitalization of $9.39 billion, a P/E ratio of -7.13 and a beta of 1.86. The business has a fifty day simple moving average of $19.76 and a 200 day simple moving average of $16.84. The company has a current ratio of 0.90, a quick ratio of 0.56 and a debt-to-equity ratio of 0.77.

YPF Sociedad Anónima (NYSE:YPF - Get Free Report) last released its earnings results on Wednesday, March 6th. The oil and gas exploration company reported $2.00 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.95 by ($0.95). The firm had revenue of $4.19 billion during the quarter, compared to analysts' expectations of $4.47 billion. YPF Sociedad Anónima had a positive return on equity of 17.33% and a negative net margin of 7.58%. On average, analysts expect that YPF Sociedad Anónima will post 6.37 earnings per share for the current year.

Hedge Funds Weigh In On YPF Sociedad Anónima

Several large investors have recently modified their holdings of YPF. Citigroup Inc. boosted its stake in shares of YPF Sociedad Anónima by 50.9% in the 3rd quarter. Citigroup Inc. now owns 4,753,658 shares of the oil and gas exploration company's stock valued at $58,232,000 after purchasing an additional 1,604,368 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of YPF Sociedad Anónima by 6.0% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 883,850 shares of the oil and gas exploration company's stock valued at $10,827,000 after buying an additional 50,173 shares during the last quarter. LSV Asset Management lifted its stake in shares of YPF Sociedad Anónima by 231.3% in the 3rd quarter. LSV Asset Management now owns 99,400 shares of the oil and gas exploration company's stock valued at $1,218,000 after acquiring an additional 69,400 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of YPF Sociedad Anónima by 55.1% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 535,361 shares of the oil and gas exploration company's stock valued at $9,203,000 after acquiring an additional 190,098 shares during the last quarter. Finally, Hsbc Holdings PLC grew its position in YPF Sociedad Anónima by 1.4% during the 3rd quarter. Hsbc Holdings PLC now owns 458,781 shares of the oil and gas exploration company's stock worth $5,622,000 after acquiring an additional 6,186 shares during the last quarter. Hedge funds and other institutional investors own 10.08% of the company's stock.

YPF Sociedad Anónima 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.