Encompass Capital Advisors LLC Grows Stock Position in YPF Sociedad Anónima (NYSE:YPF)

Encompass Capital Advisors LLC boosted its holdings in YPF Sociedad Anónima (NYSE:YPF) by 16.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,168,919 shares of the oil and gas exploration company’s stock after buying an additional 168,919 shares during the period. Encompass Capital Advisors LLC’s holdings in YPF Sociedad Anónima were worth $23,519,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of YPF. Blue Trust Inc. purchased a new stake in shares of YPF Sociedad Anónima during the 2nd quarter worth about $26,000. Transcendent Capital Group LLC acquired a new stake in shares of YPF Sociedad Anónima in the first quarter worth $28,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of YPF Sociedad Anónima in the 2nd quarter valued at $63,000. Headlands Technologies LLC acquired a new position in shares of YPF Sociedad Anónima during the 1st quarter valued at $113,000. Finally, SG Americas Securities LLC purchased a new stake in YPF Sociedad Anónima during the 2nd quarter worth $185,000. 10.08% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on the company. The Goldman Sachs Group raised their price objective on YPF Sociedad Anónima from $22.90 to $25.60 and gave the company a “neutral” rating in a research report on Thursday, July 25th. StockNews.com upgraded YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a report on Monday, August 12th. JPMorgan Chase & Co. upped their price target on YPF Sociedad Anónima from $20.50 to $24.00 and gave the stock a “neutral” rating in a report on Wednesday. Bank of America lifted their price objective on shares of YPF Sociedad Anónima from $28.00 to $29.00 and gave the company a “neutral” rating in a research note on Wednesday, September 18th. Finally, Jefferies Financial Group upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and upped their target price for the company from $23.50 to $30.00 in a research note on Friday, August 30th. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, YPF Sociedad Anónima currently has an average rating of “Hold” and a consensus target price of $25.94.

YPF Sociedad Anónima Price Performance

YPF Sociedad Anónima stock opened at $22.35 on Thursday. YPF Sociedad Anónima has a 52 week low of $9.57 and a 52 week high of $24.76. The company has a current ratio of 0.93, a quick ratio of 0.73 and a debt-to-equity ratio of 0.71. The stock has a 50 day moving average of $21.55 and a 200-day moving average of $21.16.

YPF Sociedad Anónima (NYSE:YPF) last posted its quarterly earnings data on Thursday, August 8th. The oil and gas exploration company reported $1.32 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.90. The firm had revenue of $4.94 billion for the quarter, compared to the consensus estimate of $4.59 billion. YPF Sociedad Anónima had a negative net margin of 4.57% and a positive return on equity of 22.86%. Equities analysts expect that YPF Sociedad Anónima will post 5.12 earnings per share for the current year.

YPF Sociedad Anónima 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.