Discovery Capital Management LLC CT Purchases 48,000 Shares of YPF Sociedad Anónima (NYSE:YPF)

Discovery Capital Management LLC CT lifted its position in shares of YPF Sociedad Anónima (NYSE:YPF) by 6.9% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 745,379 shares of the oil and gas exploration company’s stock after acquiring an additional 48,000 shares during the quarter. YPF Sociedad Anónima makes up about 2.0% of Discovery Capital Management LLC CT’s investment portfolio, making the stock its 17th largest position. Discovery Capital Management LLC CT owned approximately 0.19% of YPF Sociedad Anónima worth $14,997,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Blue Trust Inc. bought a new stake in YPF Sociedad Anónima during the 2nd quarter worth about $26,000. Transcendent Capital Group LLC bought a new stake in shares of YPF Sociedad Anónima during the first quarter worth approximately $28,000. Ashton Thomas Private Wealth LLC acquired a new position in YPF Sociedad Anónima in the second quarter valued at approximately $63,000. Headlands Technologies LLC bought a new position in YPF Sociedad Anónima in the first quarter valued at approximately $113,000. Finally, SG Americas Securities LLC acquired a new stake in YPF Sociedad Anónima during the 2nd quarter worth $185,000. Institutional investors and hedge funds own 10.08% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. The Goldman Sachs Group increased their price target on YPF Sociedad Anónima from $22.90 to $25.60 and gave the company a “neutral” rating in a research note on Thursday, July 25th. Jefferies Financial Group upgraded YPF Sociedad Anónima from a “hold” rating to a “buy” rating and raised their target price for the stock from $23.50 to $30.00 in a report on Friday, August 30th. StockNews.com upgraded YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a research report on Monday, August 12th. JPMorgan Chase & Co. increased their price target on shares of YPF Sociedad Anónima from $18.50 to $20.00 and gave the company a “neutral” rating in a research report on Tuesday, May 28th. Finally, Bank of America boosted their price objective on shares of YPF Sociedad Anónima from $28.00 to $29.00 and gave the company a “neutral” rating in a report on Wednesday, September 18th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $25.37.

YPF Sociedad Anónima Price Performance

NYSE YPF opened at $23.65 on Monday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.73 and a current ratio of 0.93. The stock has a market cap of $9.30 billion, a price-to-earnings ratio of -9.24, a PEG ratio of 0.11 and a beta of 1.81. The business has a 50 day simple moving average of $21.42 and a 200 day simple moving average of $21.09. YPF Sociedad Anónima has a 52-week low of $9.57 and a 52-week high of $24.76.

YPF Sociedad Anónima (NYSE:YPF) last issued its quarterly earnings data on Thursday, August 8th. The oil and gas exploration company reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.90. YPF Sociedad Anónima had a negative net margin of 4.57% and a positive return on equity of 22.86%. The company had revenue of $4.94 billion during the quarter, compared to the consensus estimate of $4.59 billion. Analysts anticipate that YPF Sociedad Anónima will post 5.68 earnings per share 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.