Hsbc Holdings PLC Has $8.52 Million Stake in YPF Sociedad Anonima $YPF

Key Points

• Hsbc Holdings PLC increased its stake in YPF Sociedad Anonima by 18.2% during the first quarter, now owning approximately 240,302 shares valued at $8.52 million.
• YPF Sociedad Anonima's stock was recently upgraded from a "sell" to a "hold" by Wall Street Zen, while Citigroup raised its rating to "buy" with a price target increase to $48.00.
• The company reported earnings of $0.13 per share for the last quarter, falling short of expectations of $0.56, although revenue exceeded estimates at $3.47 million.

Hsbc Holdings PLC grew its holdings in shares of YPF Sociedad Anonima (NYSE:YPF - Free Report) by 18.2% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 240,302 shares of the oil and gas exploration company's stock after purchasing an additional 36,958 shares during the period. Hsbc Holdings PLC owned about 0.06% of YPF Sociedad Anonima worth $8,517,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. LWM Advisory Services LLC lifted its position in shares of YPF Sociedad Anonima by 11.1% during the 1st quarter. LWM Advisory Services LLC now owns 12,858 shares of the oil and gas exploration company's stock worth $451,000 after buying an additional 1,282 shares during the last quarter. Fox Run Management L.L.C. increased its stake in shares of YPF Sociedad Anonima by 492.0% in the first quarter. Fox Run Management L.L.C. now owns 48,257 shares of the oil and gas exploration company's stock valued at $1,691,000 after buying an additional 40,106 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in YPF Sociedad Anonima during the 1st quarter worth approximately $89,000. LGT Group Foundation bought a new stake in shares of YPF Sociedad Anonima in the 1st quarter valued at $238,000. Finally, Avos Capital Management LLC acquired a new stake in shares of YPF Sociedad Anonima during the first quarter worth $488,000. Institutional investors own 10.08% of the company's stock.

Analyst Ratings Changes

YPF has been the topic of several recent analyst reports. Wall Street Zen upgraded shares of YPF Sociedad Anonima from a "sell" rating to a "hold" rating in a report on Friday, June 27th. Citigroup raised YPF Sociedad Anonima from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $44.00 to $48.00 in a research note on Monday, May 19th. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $43.92.

YPF Sociedad Anonima Price Performance

YPF stock opened at $31.7670 on Monday. YPF Sociedad Anonima has a 1 year low of $20.79 and a 1 year high of $47.43. The company's 50-day moving average is $32.96 and its 200-day moving average is $33.72. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.75 and a quick ratio of 0.55. The stock has a market capitalization of $12.49 billion, a PE ratio of 10.25, a price-to-earnings-growth ratio of 0.60 and a beta of 1.79.

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

About YPF Sociedad Anonima

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.

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