YPF Sociedad Anónima (NYSE:YPF) Cut to Neutral at Citigroup

Citigroup lowered shares of YPF Sociedad Anónima (NYSE:YPF) from a buy rating to a neutral rating in a research note published on Wednesday morning, MarketBeat reports. Citigroup currently has $24.00 price objective on the oil and gas exploration company’s stock, up from their previous price objective of $20.00.

YPF has been the topic of several other research reports. StockNews.com lowered shares of YPF Sociedad Anónima from a buy rating to a hold rating in a research report on Tuesday. UBS Group upgraded shares of YPF Sociedad Anónima from a neutral rating to a buy rating and lifted their price target for the stock from $18.00 to $27.00 in a research report on Thursday, February 22nd. Finally, Morgan Stanley upgraded shares of YPF Sociedad Anónima from an underweight rating to an equal weight rating and lifted their price target for the stock from $10.50 to $22.00 in a research report on Thursday, March 21st. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of Hold and a consensus price target of $20.58.

YPF Sociedad Anónima Price Performance

NYSE YPF opened at $19.34 on Wednesday. YPF Sociedad Anónima has a 12 month low of $9.57 and a 12 month high of $22.27. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.90 and a quick ratio of 0.56. The firm has a market capitalization of $7.61 billion, a PE ratio of -5.77 and a beta of 1.90. The company’s 50 day simple moving average is $18.89 and its 200 day simple moving average is $16.14.

YPF Sociedad Anónima (NYSE:YPF) last posted its quarterly earnings data on Wednesday, March 6th. The oil and gas exploration company reported $2.00 EPS for the quarter, missing analysts’ consensus estimates of $2.95 by ($0.95). The company had revenue of $4.19 billion for the quarter, compared to analyst estimates 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 forecast that YPF Sociedad Anónima will post 6.14 EPS for the current fiscal year.

Hedge Funds Weigh In On YPF Sociedad Anónima

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Norden Group LLC acquired a new stake in shares of YPF Sociedad Anónima during the 1st quarter valued at $382,000. Claro Advisors LLC boosted its stake in shares of YPF Sociedad Anónima by 7.1% during the 1st quarter. Claro Advisors LLC now owns 18,555 shares of the oil and gas exploration company’s stock valued at $367,000 after buying an additional 1,226 shares during the period. Hennessy Advisors Inc. boosted its stake in shares of YPF Sociedad Anónima by 44.0% during the 1st quarter. Hennessy Advisors Inc. now owns 389,500 shares of the oil and gas exploration company’s stock valued at $7,712,000 after buying an additional 119,000 shares during the period. Systrade AG boosted its stake in shares of YPF Sociedad Anónima by 25.0% during the 1st quarter. Systrade AG now owns 25,000 shares of the oil and gas exploration company’s stock valued at $495,000 after buying an additional 5,000 shares during the period. Finally, Atlas Capital Advisors LLC boosted its stake in shares of YPF Sociedad Anónima by 98.9% during the 1st quarter. Atlas Capital Advisors LLC now owns 18,819 shares of the oil and gas exploration company’s stock valued at $373,000 after buying an additional 9,356 shares during the period. 10.08% of the stock is currently owned by hedge funds and other institutional investors.

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.