221,544 Shares in YPF Sociedad Anónima $YPF Purchased by Globeflex Capital L P

Key Points

• Globeflex Capital acquired 221,544 YPF shares worth approximately $10.1 million, making the position its 14th-largest holding and representing about 0.06% of YPF’s outstanding shares.
• YPF reported quarterly earnings of $3.07 per share, beating estimates of $2.26, while revenue reached $6.57 billion versus expectations of $5.99 billion.
• YPF shares opened at $51.16, near the analyst consensus price target of $50.67. Analyst sentiment remains mixed, with a consensus rating of Hold, while company insiders purchased roughly $537,000 of stock over the past three months.

Globeflex Capital L P acquired a new position in YPF Sociedad Anónima (NYSE:YPF - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 221,544 shares of the oil and gas exploration company's stock, valued at approximately $10,074,000. YPF Sociedad Anónima accounts for approximately 1.3% of Globeflex Capital L P's investment portfolio, making the stock its 14th biggest holding. Globeflex Capital L P owned about 0.06% of YPF Sociedad Anónima at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Financial Management Professionals Inc. bought a new stake in YPF Sociedad Anónima during the 2nd quarter valued at about $27,000. Sunbelt Securities Inc. raised its stake in YPF Sociedad Anónima by 488.3% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,353 shares of the oil and gas exploration company's stock valued at $33,000 after buying an additional 1,123 shares during the last quarter. GAMMA Investing LLC lifted its holdings in YPF Sociedad Anónima by 13.0% in the second quarter. GAMMA Investing LLC now owns 1,934 shares of the oil and gas exploration company's stock valued at $88,000 after acquiring an additional 223 shares during the period. Van ECK Associates Corp lifted its stake in shares of YPF Sociedad Anónima by 246.9% in the 3rd quarter. Van ECK Associates Corp now owns 7,663 shares of the oil and gas exploration company's stock worth $186,000 after purchasing an additional 5,454 shares during the period. Finally, Royal Bank of Canada boosted its holdings in shares of YPF Sociedad Anónima by 20.8% in the fourth quarter. Royal Bank of Canada now owns 5,760 shares of the oil and gas exploration company's stock worth $208,000 after buying an additional 990 shares during the last quarter. 10.08% of the stock is currently owned by institutional investors.

YPF Sociedad Anónima Price Performance

Shares of YPF stock opened at $51.16 on Monday. The firm has a market capitalization of $20.12 billion, a P/E ratio of 26.93 and a beta of 1.28. YPF Sociedad Anónima has a 52-week low of $22.82 and a 52-week high of $57.49. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.72 and a current ratio of 0.93. The stock has a 50 day moving average price of $49.25 and a 200 day moving average price of $45.35.

YPF Sociedad Anónima (NYSE:YPF - Get Free Report) last posted its quarterly earnings results on Monday, August 10th. The oil and gas exploration company reported $3.07 EPS for the quarter, topping analysts' consensus estimates of $2.26 by $0.81. The firm had revenue of $6.57 billion for the quarter, compared to analysts' expectations of $5.99 billion. YPF Sociedad Anónima had a net margin of 3.60% and a return on equity of 10.86%. As a group, sell-side analysts predict that YPF Sociedad Anónima will post 7.5 earnings per share for the current year.

Wall Street Analysts Forecast Growth

YPF has been the subject of a number of research reports. Zacks Research cut shares of YPF Sociedad Anónima from a "strong-buy" rating to a "hold" rating in a report on Monday, June 29th. Wall Street Zen raised YPF Sociedad Anónima from a "buy" rating to a "strong-buy" rating in a research note on Saturday, July 18th. Weiss Ratings downgraded shares of YPF Sociedad Anónima from a "hold (c-)" rating to a "sell (d+)" rating in a report on Wednesday, August 12th. UBS Group lifted their price objective on YPF Sociedad Anónima from $45.00 to $48.00 and gave the stock a "neutral" rating in a research note on Wednesday, May 27th. Finally, HSBC raised YPF Sociedad Anónima from a "hold" rating to a "buy" rating and set a $60.00 price objective on the stock in a report on Monday, August 17th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $50.67.

Insider Activity at YPF Sociedad Anónima

In other news, VP Matias Osvaldo Farina acquired 8,875 shares of YPF Sociedad Anónima stock in a transaction on Thursday, July 2nd. The shares were bought at an average cost of $45.22 per share, for a total transaction of $401,327.50. Following the acquisition, the vice president directly owned 55,687 shares of the company's stock, valued at $2,518,166.14. This trade represents a 18.96% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Horacio Daniel Marin purchased 2,840 shares of the business's stock in a transaction dated Thursday, July 2nd. The shares were purchased at an average price of $46.35 per share, for a total transaction of $131,634.00. Following the purchase, the chief executive officer owned 92,193 shares of the company's stock, valued at approximately $4,273,145.55. This trade represents a 3.18% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders purchased 11,792 shares of company stock worth $537,153.

About YPF Sociedad Anónima

YPF Sociedad Anónima NYSE: YPF is an integrated oil and gas company headquartered in Buenos Aires, Argentina. The company’s primary businesses encompass upstream exploration and production of crude oil and natural gas, midstream transportation and storage, and downstream refining and distribution. YPF operates several major refineries and a nationwide network of service stations, supplying fuels, lubricants, and petrochemical products to both retail and industrial customers.

Founded in 1922 as Yacimientos Petrolíferos Fiscales, YPF was the world’s first state‐owned oil company.

Want to see what other hedge funds are holding YPF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for YPF Sociedad Anónima (NYSE:YPF - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source