YPF Sociedad Anónima $YPF Stock: Candriam S.C.A. Raises Holdings

Key Points

• Candriam S.C.A. increased its YPF stake by 65.3% in the third quarter, adding 163,200 shares to hold 413,000 shares valued at about $20.8 million.
• Analyst sentiment is broadly positive: YPF has a “Moderate Buy” consensus and an average price target of $58.50, though JPMorgan lowered its target to $60.50.
• YPF reported quarterly EPS of $3.00, beating estimates of $1.92, and revenue of $6.56 billion versus expectations of $5.57 billion.

Candriam S.C.A. grew its position in YPF Sociedad Anónima (NYSE:YPF - Free Report) by 65.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 413,000 shares of the oil and gas exploration company's stock after purchasing an additional 163,200 shares during the quarter. Candriam S.C.A. owned approximately 0.11% of YPF Sociedad Anónima worth $20,779,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. CoreCap Advisors LLC bought a new stake in YPF Sociedad Anónima during the third quarter valued at $25,000. Financial Management Professionals Inc. bought a new position in shares of YPF Sociedad Anónima in the 2nd quarter worth about $27,000. GAMMA Investing LLC raised its position in shares of YPF Sociedad Anónima by 13.0% in the 2nd quarter. GAMMA Investing LLC now owns 1,934 shares of the oil and gas exploration company's stock worth $88,000 after acquiring an additional 223 shares in the last quarter. Farther Finance Advisors LLC raised its position in shares of YPF Sociedad Anónima by 14.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,994 shares of the oil and gas exploration company's stock worth $100,000 after acquiring an additional 254 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new position in shares of YPF Sociedad Anónima in the 3rd quarter worth about $145,000. 10.08% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently commented on YPF. Weiss Ratings cut YPF Sociedad Anónima from a "hold (c)" rating to a "hold (c-)" rating in a research note on Friday, October 30th. Zacks Research upgraded YPF Sociedad Anónima from a "hold" rating to a "strong-buy" rating in a report on Friday, October 30th. Wall Street Zen raised YPF Sociedad Anónima from a "buy" rating to a "strong-buy" rating in a research note on Saturday, July 18th. JPMorgan Chase & Co. dropped their price target on YPF Sociedad Anónima from $66.00 to $60.50 and set an "overweight" rating on the stock in a research note on Thursday, October 29th. Finally, HSBC upgraded YPF Sociedad Anónima from a "hold" rating to a "buy" rating and set a $60.00 price target on the stock in a report on Monday, August 17th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $58.50.

Insiders Place Their Bets

In other YPF Sociedad Anónima news, Director Guillermo Alberto Francos sold 2,770 shares of the stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $55.76, for a total value of $154,455.20. Following the transaction, the director owned 31,860 shares in the company, valued at approximately $1,776,513.60. This represents a 8.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

YPF Sociedad Anónima Price Performance

Shares of NYSE YPF opened at $38.67 on Monday. The firm's 50-day moving average price is $50.78 and its 200-day moving average price is $46.48. YPF Sociedad Anónima has a 1-year low of $32.74 and a 1-year high of $57.87. The firm has a market capitalization of $15.21 billion, a P/E ratio of 7.12 and a beta of 1.35. The company has a current ratio of 1.24, a quick ratio of 1.04 and a debt-to-equity ratio of 0.65.

YPF Sociedad Anónima (NYSE:YPF - Get Free Report) last released its quarterly earnings data on Wednesday, October 28th. The oil and gas exploration company reported $3.00 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.92 by $1.08. YPF Sociedad Anónima had a net margin of 9.42% and a return on equity of 17.23%. The company had revenue of $6.56 billion for the quarter, compared to analysts' expectations of $5.57 billion. Equities research analysts anticipate that YPF Sociedad Anónima will post 9.08 earnings per share for the current fiscal year.

About YPF Sociedad Anónima

YPF Sociedad Anónima is an integrated energy company based in Argentina. Its activities span oil and natural gas exploration and production, refining, petrochemicals, and the distribution and sale of fuels and other energy products.

The company operates primarily in Argentina, where it develops conventional and unconventional oil and gas resources, including resources in the Vaca Muerta formation. YPF also supplies fuels through its refining and retail operations and participates in the country's natural gas sector.

Founded in 1922 as a state-owned company, YPF was privatized in the 1990s.

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