Dark Forest Capital Management LP Takes Position in YPF Sociedad Anónima (NYSE:YPF)

Dark Forest Capital Management LP purchased a new stake in YPF Sociedad Anónima (NYSE:YPF) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 13,048 shares of the oil and gas exploration company’s stock, valued at approximately $263,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Ping Capital Management Inc. acquired a new position in shares of YPF Sociedad Anónima during the second quarter valued at about $51,676,000. Encompass Capital Advisors LLC grew its position in YPF Sociedad Anónima by 16.9% during the 2nd quarter. Encompass Capital Advisors LLC now owns 1,168,919 shares of the oil and gas exploration company’s stock worth $23,519,000 after purchasing an additional 168,919 shares during the last quarter. Marshall Wace LLP increased its stake in YPF Sociedad Anónima by 6,194.9% during the 2nd quarter. Marshall Wace LLP now owns 947,260 shares of the oil and gas exploration company’s stock valued at $19,059,000 after purchasing an additional 932,212 shares in the last quarter. Discovery Capital Management LLC CT raised its holdings in shares of YPF Sociedad Anónima by 6.9% in the second quarter. Discovery Capital Management LLC CT now owns 745,379 shares of the oil and gas exploration company’s stock worth $14,997,000 after buying an additional 48,000 shares during the last quarter. Finally, Fourth Sail Capital LP purchased a new stake in YPF Sociedad Anónima during the 1st quarter valued at about $14,576,000. 10.08% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

YPF Sociedad Anónima Trading Down 1.7 %

YPF stock opened at $21.68 on Monday. YPF Sociedad Anónima has a 52-week low of $9.57 and a 52-week high of $24.76. The company has a quick ratio of 0.73, a current ratio of 0.93 and a debt-to-equity ratio of 0.71. The firm has a market cap of $8.53 billion, a P/E ratio of -8.47, a PEG ratio of 0.11 and a beta of 1.81. The company’s 50-day simple moving average is $21.62 and its 200-day simple moving average is $21.25.

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