YPF Sociedad Anonima (NYSE:YPF) Shares Gap Up - Here's What Happened

Key Points

• YPF Sociedad Anonima's stock price gapped up from $23.87 to $27.40 before trading on Monday, with the last traded price at $26.55 and a trading volume of over 2.8 million shares.
• Wall Street analysts have mixed ratings on the stock, with a consensus rating of "Hold" and a price target of $46.70, while Zacks Research recently downgraded it to "strong sell."
• Institutional investors have shown interest in YPF, with Bank of America increasing its stake by 107.6%, underlining increased institutional involvement in the company.

YPF Sociedad Anonima (NYSE:YPF - Get Free Report)'s share price gapped up before the market opened on Monday . The stock had previously closed at $23.87, but opened at $27.40. YPF Sociedad Anonima shares last traded at $26.55, with a volume of 2,895,583 shares traded.

Wall Street Analyst Weigh In

YPF has been the subject of a number of recent analyst reports. Wall Street Zen raised YPF Sociedad Anonima from a "sell" rating to a "hold" rating in a research report on Friday, June 27th. Zacks Research cut YPF Sociedad Anonima from a "hold" rating to a "strong sell" rating in a research report on Tuesday, September 9th. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $46.70.

YPF Sociedad Anonima Stock Up 2.2%

The company has a quick ratio of 0.55, a current ratio of 0.75 and a debt-to-equity ratio of 0.67. The company has a market capitalization of $10.82 billion, a P/E ratio of 8.95, a PEG ratio of 0.46 and a beta of 1.91. The firm has a 50-day moving average price of $31.06 and a two-hundred day moving average price of $32.62.

YPF Sociedad Anonima (NYSE:YPF - Get Free Report) last posted its quarterly earnings data 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 business had revenue of $3.47 million during the quarter, compared to the consensus estimate of $3.37 million. Equities research analysts anticipate that YPF Sociedad Anonima will post 7.25 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Tidal Investments LLC acquired a new position in YPF Sociedad Anonima during the fourth quarter worth $522,000. Vident Advisory LLC acquired a new position in YPF Sociedad Anonima during the fourth quarter worth $298,000. Wellington Management Group LLP acquired a new position in YPF Sociedad Anonima during the fourth quarter worth $2,548,000. GAMMA Investing LLC raised its stake in YPF Sociedad Anonima by 3,099.7% during the first quarter. GAMMA Investing LLC now owns 70,746 shares of the oil and gas exploration company's stock worth $2,479,000 after acquiring an additional 68,535 shares in the last quarter. Finally, Crocodile Capital Partners GmbH acquired a new position in YPF Sociedad Anonima during the first quarter worth $1,051,000. 10.08% of the stock is currently owned by institutional investors and hedge funds.

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.