BNP Paribas Financial Markets Grows Position in YPF Sociedad Anonima $YPF

Key Points

• BNP Paribas Financial Markets acquired an additional 233,983 shares of YPF Sociedad Anonima, increasing its total holdings by 24.7% in the 1st quarter, now owning 1,179,942 shares valued at approximately $41.3 million.
• Analyst upgrades have been noted, with Citigroup raising YPF's rating from "neutral" to "buy" and increasing the target price from $44 to $48, indicating positive market sentiment.
• YPF Sociedad Anonima's recent earnings report showed $0.13 earnings per share, missing the consensus estimate of $0.56, despite revenue exceeding expectations at $3.47 million.

BNP Paribas Financial Markets lifted its stake in YPF Sociedad Anonima (NYSE:YPF - Free Report) by 24.7% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,179,942 shares of the oil and gas exploration company's stock after acquiring an additional 233,983 shares during the quarter. BNP Paribas Financial Markets owned 0.30% of YPF Sociedad Anonima worth $41,345,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Sunbelt Securities Inc. grew its stake in shares of YPF Sociedad Anonima by 742.6% in the first quarter. Sunbelt Securities Inc. now owns 1,938 shares of the oil and gas exploration company's stock worth $68,000 after acquiring an additional 1,708 shares during the period. Caitong International Asset Management Co. Ltd purchased a new position in shares of YPF Sociedad Anonima in the first quarter worth approximately $89,000. Burns Matteson Capital Management LLC boosted its holdings in shares of YPF Sociedad Anonima by 29.0% in the first quarter. Burns Matteson Capital Management LLC now owns 6,234 shares of the oil and gas exploration company's stock worth $218,000 after buying an additional 1,401 shares during the last quarter. LGT Group Foundation purchased a new position in shares of YPF Sociedad Anonima in the first quarter worth approximately $238,000. Finally, Wells Fargo & Company MN boosted its holdings in shares of YPF Sociedad Anonima by 253.5% in the fourth quarter. Wells Fargo & Company MN now owns 5,730 shares of the oil and gas exploration company's stock worth $244,000 after buying an additional 4,109 shares during the last quarter. 10.08% of the stock is currently owned by institutional investors.

YPF Sociedad Anonima Price Performance

NYSE:YPF traded up $1.27 during trading hours on Thursday, hitting $30.82. 1,566,777 shares of the stock traded hands, compared to its average volume of 1,954,436. The company has a quick ratio of 0.55, a current ratio of 0.75 and a debt-to-equity ratio of 0.67. YPF Sociedad Anonima has a 1 year low of $21.01 and a 1 year high of $47.43. The company has a market cap of $12.12 billion, a price-to-earnings ratio of 9.94, a price-to-earnings-growth ratio of 0.57 and a beta of 1.91. The stock has a 50 day moving average price of $32.27 and a 200 day moving average price of $33.39.

YPF Sociedad Anonima (NYSE:YPF - Get Free Report) last released its earnings results on Thursday, August 7th. The oil and gas exploration company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.56 by ($0.43). YPF Sociedad Anonima had a return on equity of 12.39% and a net margin of 6.32%.The company had revenue of $3.47 million during the quarter, compared to analysts' expectations of $3.37 million. Sell-side analysts forecast that YPF Sociedad Anonima will post 7.25 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Citigroup raised shares of YPF Sociedad Anonima from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $44.00 to $48.00 in a report on Monday, May 19th. Wall Street Zen raised shares of YPF Sociedad Anonima from a "sell" rating to a "hold" rating in a report on Friday, June 27th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $46.70.

YPF Sociedad Anonima 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.