YPF Sociedad Anónima (NYSE:YPF – Get Free Report) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 4,370,000 shares, an increase of 25.6% from the March 15th total of 3,480,000 shares. Currently, 1.1% of the company’s shares are short sold. Based on an average daily volume of 2,080,000 shares, the short-interest ratio is presently 2.1 days.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its stake in shares of YPF Sociedad Anónima by 1,119.3% during the third quarter. JPMorgan Chase & Co. now owns 250,550 shares of the oil and gas exploration company’s stock worth $5,314,000 after acquiring an additional 230,001 shares during the last quarter. GAMMA Investing LLC grew its position in YPF Sociedad Anónima by 130.3% during the 4th quarter. GAMMA Investing LLC now owns 2,211 shares of the oil and gas exploration company’s stock worth $94,000 after purchasing an additional 1,251 shares during the last quarter. Systrade AG increased its stake in YPF Sociedad Anónima by 80.0% during the 4th quarter. Systrade AG now owns 45,000 shares of the oil and gas exploration company’s stock valued at $1,913,000 after purchasing an additional 20,000 shares in the last quarter. Legal Advantage Investments Inc. purchased a new position in shares of YPF Sociedad Anónima in the fourth quarter worth $213,000. Finally, DGS Capital Management LLC acquired a new stake in shares of YPF Sociedad Anónima during the fourth quarter worth $206,000. 10.08% of the stock is owned by institutional investors and hedge funds.
YPF Sociedad Anónima Stock Performance
Shares of YPF Sociedad Anónima stock opened at $31.79 on Tuesday. YPF Sociedad Anónima has a one year low of $16.18 and a one year high of $47.43. The company has a market capitalization of $12.50 billion, a PE ratio of 16.06, a P/E/G ratio of 0.18 and a beta of 1.58. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.68 and a current ratio of 0.88. The company has a 50-day simple moving average of $33.99 and a two-hundred day simple moving average of $35.58.
Analysts Set New Price Targets
A number of research firms have recently commented on YPF. JPMorgan Chase & Co. upgraded shares of YPF Sociedad Anónima from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $25.00 to $59.50 in a report on Friday, January 10th. StockNews.com lowered YPF Sociedad Anónima from a “buy” rating to a “hold” rating in a report on Tuesday, March 18th. Hsbc Global Res upgraded YPF Sociedad Anónima to a “hold” rating in a report on Monday, April 14th. Finally, HSBC upgraded YPF Sociedad Anónima from a “reduce” rating to a “hold” rating and upped their target price for the stock from $21.00 to $33.00 in a report on Monday, April 14th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $40.73.
Check Out Our Latest Analysis on YPF Sociedad Anónima
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, 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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