Zacks Investment Research Upgrades YPF SA (YPF) to “Hold”
YPF SA (NYSE:YPF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Thursday.
According to Zacks, “YPF Sociedad Anonima is an international energy company, based on the integrated business of hydrocarbons, focalized in Latin America, with high standards of efficiency, profitability and responsibility. They have a dominant position in Argentina’s exploration, production, refining and marketing sectors, as well as a growing presence in petrochemicals. “
Shares of YPF SA (NYSE:YPF) opened at 19.19 on Thursday. YPF SA has a 52-week low of $12.67 and a 52-week high of $22.49. The company has a market capitalization of $7.54 billion, a P/E ratio of 282.21 and a beta of 1.73. The stock’s 50 day moving average is $17.79 and its 200 day moving average is $18.96.
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A number of hedge funds have recently added to or reduced their stakes in the stock. Henderson Group PLC purchased a new stake in YPF SA during the second quarter worth $925,000. Huntington National Bank raised its stake in YPF SA by 9.2% in the second quarter. Huntington National Bank now owns 6,334 shares of the oil and gas exploration company’s stock worth $122,000 after buying an additional 536 shares in the last quarter. Deltec Asset Management LLC raised its stake in YPF SA by 68.6% in the second quarter. Deltec Asset Management LLC now owns 29,500 shares of the oil and gas exploration company’s stock worth $566,000 after buying an additional 12,000 shares in the last quarter. Bank of Montreal Can purchased a new stake in YPF SA during the second quarter worth $20,404,000. Finally, 1st Global Advisors Inc. purchased a new stake in YPF SA during the second quarter worth $194,000. Institutional investors and hedge funds own 27.23% of the company’s stock.
YPF SA Company Profile
YPF Sociedad Anonima is an energy company. The Company is operating a fully integrated oil and gas chain. The Company has two segments: Exploration and Production and Downstream. The Company’s Exploration and Production segment includes exploration and production activities, natural gas and crude oil purchases, sales of natural gas and crude oil to third parties and intersegment sales of crude oil, natural gas and its byproducts.
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