Dynamic Technology Lab Private Ltd Sells 8,139 Shares of YPF Sociedad Anónima (NYSE:YPF)

Dynamic Technology Lab Private Ltd reduced its stake in YPF Sociedad Anónima (NYSE:YPF) by 11.1% in the third quarter, Holdings Channel.com reports. The fund owned 65,207 shares of the oil and gas exploration company’s stock after selling 8,139 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in YPF Sociedad Anónima were worth $1,383,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Ping Capital Management Inc. bought a new position in YPF Sociedad Anónima in the 2nd quarter worth about $51,676,000. Marshall Wace LLP lifted its holdings in shares of YPF Sociedad Anónima by 6,194.9% in the second quarter. Marshall Wace LLP now owns 947,260 shares of the oil and gas exploration company’s stock worth $19,059,000 after buying an additional 932,212 shares in the last quarter. Duquesne Family Office LLC purchased a new stake in shares of YPF Sociedad Anónima in the second quarter worth about $12,845,000. Squarepoint Ops LLC bought a new position in shares of YPF Sociedad Anónima in the second quarter valued at approximately $6,890,000. Finally, Assenagon Asset Management S.A. grew its stake in YPF Sociedad Anónima by 1,685.6% during the third quarter. Assenagon Asset Management S.A. now owns 312,293 shares of the oil and gas exploration company’s stock valued at $6,624,000 after acquiring an additional 294,803 shares in the last quarter. 10.08% of the stock is currently owned by hedge funds and other institutional investors.

YPF Sociedad Anónima Stock Up 2.0 %

YPF opened at $40.04 on Wednesday. The business’s fifty day simple moving average is $26.57 and its 200 day simple moving average is $23.14. YPF Sociedad Anónima has a 52 week low of $14.53 and a 52 week high of $42.30. The company has a quick ratio of 0.68, a current ratio of 0.88 and a debt-to-equity ratio of 0.59. The stock has a market cap of $15.75 billion, a PE ratio of 20.22, a P/E/G ratio of 0.14 and a beta of 1.78.

Analyst Upgrades and Downgrades

Several analysts have issued reports on YPF shares. JPMorgan Chase & Co. increased their target price on shares of YPF Sociedad Anónima from $24.00 to $25.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 30th. StockNews.com upgraded YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a research report on Tuesday. Bank of America boosted their target price on YPF Sociedad Anónima from $28.00 to $29.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 18th. Jefferies Financial Group upgraded YPF Sociedad Anónima from a “hold” rating to a “buy” rating and upped their target price for the stock from $23.50 to $30.00 in a research note on Friday, August 30th. Finally, Citigroup upgraded YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and lifted their price target for the company from $24.00 to $33.00 in a research report on Friday, November 1st. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $27.37.

YPF Sociedad Anónima Company Profile

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.