YPF Sociedad Anonima (NYSE:YPF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors 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. “

Several other analysts have also weighed in on YPF. ValuEngine upgraded shares of YPF Sociedad Anonima from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. BidaskClub lowered shares of YPF Sociedad Anonima from a “hold” rating to a “sell” rating in a research report on Friday, June 16th. Credit Suisse Group reiterated a “market perform” rating on shares of YPF Sociedad Anonima in a research report on Friday, April 14th. Finally, J P Morgan Chase & Co reiterated an “underweight” rating on shares of YPF Sociedad Anonima in a research report on Tuesday, May 2nd. Three research analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $23.38.

Shares of YPF Sociedad Anonima (YPF) traded down 2.86% during mid-day trading on Thursday, reaching $21.75. The company had a trading volume of 801,281 shares. The stock’s market capitalization is $8.49 billion. The company’s 50-day moving average is $23.47 and its 200 day moving average is $22.15. YPF Sociedad Anonima has a 52-week low of $15.00 and a 52-week high of $26.48.

The firm also recently announced an annual dividend, which was paid on Thursday, July 6th. Stockholders of record on Thursday, July 6th were given a dividend of $0.073 per share. The ex-dividend date was Monday, July 3rd. YPF Sociedad Anonima’s dividend payout ratio (DPR) is currently -1.40%.

COPYRIGHT VIOLATION NOTICE: “YPF Sociedad Anonima (YPF) Lowered to “Sell” at Zacks Investment Research” was originally reported by American Banking News and is owned by of American Banking News. If you are accessing this report on another website, it was copied illegally and reposted in violation of U.S. and international copyright & trademark legislation. The legal version of this report can be accessed at https://www.americanbankingnews.com/2017/07/13/ypf-sociedad-anonima-ypf-lowered-to-sell-at-zacks-investment-research.html.

Hedge funds have recently modified their holdings of the stock. Renaissance Technologies LLC raised its stake in shares of YPF Sociedad Anonima by 1.4% in the fourth quarter. Renaissance Technologies LLC now owns 454,400 shares of the oil and gas exploration company’s stock valued at $7,498,000 after buying an additional 6,200 shares during the period. Creative Planning raised its stake in shares of YPF Sociedad Anonima by 41.6% in the first quarter. Creative Planning now owns 76,559 shares of the oil and gas exploration company’s stock valued at $1,859,000 after buying an additional 22,504 shares during the period. Profund Advisors LLC raised its stake in shares of YPF Sociedad Anonima by 132.4% in the first quarter. Profund Advisors LLC now owns 30,186 shares of the oil and gas exploration company’s stock valued at $733,000 after buying an additional 17,198 shares during the period. Deltec Asset Management LLC raised its stake in shares of YPF Sociedad Anonima by 12.9% in the first quarter. Deltec Asset Management LLC now owns 113,710 shares of the oil and gas exploration company’s stock valued at $2,761,000 after buying an additional 13,000 shares during the period. Finally, Wells Fargo & Company MN raised its stake in shares of YPF Sociedad Anonima by 14.9% in the first quarter. Wells Fargo & Company MN now owns 340,645 shares of the oil and gas exploration company’s stock valued at $8,268,000 after buying an additional 44,052 shares during the period. Institutional investors and hedge funds own 30.19% of the company’s stock.

About YPF Sociedad Anonima

YPF Sociedad Anonima (YPF) is an energy company. The Company is operating a fully integrated oil and gas chain. The Company operates through the segments, including Exploration and Production, Downstream, and Corporate and Other. The Company’s Exploration and Production segment includes exploration and production activities, natural gas and crude oil purchases, sales of natural gas, and to a lesser extent crude oil, to third parties and intersegment sales of crude oil, natural gas and its byproducts.

Get a free copy of the Zacks research report on YPF Sociedad Anonima (YPF)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for YPF Sociedad Anonima Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for YPF Sociedad Anonima and related companies with MarketBeat.com's FREE daily email newsletter.