Mirae Asset Global Investments Co. Ltd. Buys 190,098 Shares of YPF Sociedad Anónima (NYSE:YPF)

Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of YPF Sociedad Anónima (NYSE:YPF) by 55.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 535,361 shares of the oil and gas exploration company’s stock after purchasing an additional 190,098 shares during the period. Mirae Asset Global Investments Co. Ltd. owned about 0.14% of YPF Sociedad Anónima worth $9,203,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Citigroup Inc. lifted its position in YPF Sociedad Anónima by 50.9% during the third 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 during the period. Connor Clark & Lunn Investment Management Ltd. raised its position in YPF Sociedad Anónima by 6.0% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 883,850 shares of the oil and gas exploration company’s stock worth $10,827,000 after acquiring an additional 50,173 shares during the period. LSV Asset Management raised its position in YPF Sociedad Anónima by 231.3% in the third quarter. LSV Asset Management now owns 99,400 shares of the oil and gas exploration company’s stock worth $1,218,000 after acquiring an additional 69,400 shares during the period. Hsbc Holdings PLC raised its position in YPF Sociedad Anónima by 1.4% in the third 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 period. Finally, Sowell Financial Services LLC bought a new position in YPF Sociedad Anónima in the fourth quarter worth approximately $229,000. Institutional investors own 10.08% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on YPF shares. Citigroup upgraded shares of YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and set a $20.00 price target on the stock in a research report on Thursday, January 25th. UBS Group upgraded shares of YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and increased their price target for the stock from $18.00 to $27.00 in a research report on Thursday, February 22nd. StockNews.com upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a research report on Monday, April 8th. Finally, Morgan Stanley upgraded shares of 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 research report on Thursday, March 21st. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $19.43.

YPF Sociedad Anónima Price Performance

Shares of YPF stock opened at $21.18 on Friday. YPF Sociedad Anónima has a one year low of $9.57 and a one year high of $22.27. The company’s fifty day moving average price is $18.55 and its 200-day moving average price is $15.89. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.56 and a current ratio of 0.90.

YPF Sociedad Anónima (NYSE:YPF) last posted its earnings results on Wednesday, March 6th. The oil and gas exploration company reported $2.00 earnings per share for the quarter, missing the consensus estimate of $2.95 by ($0.95). The company had revenue of $4.19 billion for the quarter, compared to analysts’ expectations of $4.47 billion. YPF Sociedad Anónima had a negative net margin of 7.58% and a positive return on equity of 17.33%. As a group, equities research analysts anticipate that YPF Sociedad Anónima will post 6.14 EPS for the current year.

About YPF Sociedad Anónima

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, natural gas, and NGLs. The company's downstream operations include the refining, marketing, and distribution of oil and petroleum products, as well as petroleum derivatives, such as petrochemicals, hydrocarbons, non-fossil fuels, biofuels, and related components; and production of hydrocarbons electric power.