Zacks Investment Research upgraded shares of YPF SA (NYSE:YPF) from a sell rating to a hold rating in a research note published 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. “
YPF SA (NYSE:YPF) opened at 19.30 on Thursday. The company has a 50 day moving average of $17.93 and a 200 day moving average of $19.00. YPF SA has a 12 month low of $12.67 and a 12 month high of $22.49. The stock has a market capitalization of $7.59 billion, a price-to-earnings ratio of 283.82 and a beta of 1.73.
Several institutional investors have recently made changes to their positions in YPF. LSV Asset Management increased its position in shares of YPF SA by 40.0% in the second quarter. LSV Asset Management now owns 5,600 shares of the oil and gas exploration company’s stock worth $107,000 after buying an additional 1,600 shares during the period. Huntington National Bank increased 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 valued at $122,000 after buying an additional 536 shares during the last quarter. NN Investment Partners Holdings N.V. purchased a new stake in YPF SA during the first quarter valued at $133,000. Sei Investments Co. increased its stake in YPF SA by 110.0% in the second quarter. Sei Investments Co. now owns 9,260 shares of the oil and gas exploration company’s stock valued at $179,000 after buying an additional 4,851 shares during the last quarter. Finally, 1st Global Advisors Inc. purchased a new stake in YPF SA during the second quarter valued at $194,000. 27.23% of the stock is owned by institutional investors and hedge funds.
About YPF SA
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.