Banco BTG Pactual S.A. Sells 56,000 Shares of YPF Sociedad Anonima $YPF

Key Points

• Banco BTG Pactual S.A. significantly reduced its stake in YPF Sociedad Anonima by 57.4%, selling 56,000 shares, resulting in ownership of just 41,500 shares valued at $1,454,000.
• Several institutional investors, such as GAMMA Investing LLC and Banco Santander S.A., increased their holdings in YPF, with GAMMA raising its position by an impressive 3,099.7%.
• YPF Sociedad Anonima reported $0.13 EPS for the quarter, missing analysts' estimates of $0.56, despite revenue of $3.47 million surpassing projections.

Banco BTG Pactual S.A. cut its holdings in YPF Sociedad Anonima (NYSE:YPF - Free Report) by 57.4% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 41,500 shares of the oil and gas exploration company's stock after selling 56,000 shares during the quarter. Banco BTG Pactual S.A.'s holdings in YPF Sociedad Anonima were worth $1,454,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sunbelt Securities Inc. increased 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 valued at $68,000 after buying an additional 1,708 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in YPF Sociedad Anonima in the first quarter worth about $89,000. Burns Matteson Capital Management LLC increased its position in 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 purchasing an additional 1,401 shares during the period. LGT Group Foundation acquired a new stake in YPF Sociedad Anonima in the first quarter worth about $238,000. Finally, Wells Fargo & Company MN increased its position in 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 purchasing an additional 4,109 shares during the period. 10.08% of the stock is currently owned by institutional investors and hedge funds.

YPF Sociedad Anonima Stock Down 4.6%

Shares of YPF Sociedad Anonima stock traded down $1.45 on Monday, reaching $30.30. 1,670,020 shares of the company were exchanged, compared to its average volume of 1,946,238. YPF Sociedad Anonima has a one year low of $20.97 and a one year high of $47.43. The company has a 50-day moving average of $32.96 and a 200 day moving average of $33.72. The company has a current ratio of 0.75, a quick ratio of 0.55 and a debt-to-equity ratio of 0.67. The company has a market capitalization of $11.92 billion, a price-to-earnings ratio of 9.79, a PEG ratio of 0.60 and a beta of 1.79.

YPF Sociedad Anonima (NYSE:YPF - Get Free Report) last posted its quarterly earnings results 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). YPF Sociedad Anonima had a net margin of 6.32% and a return on equity of 12.39%. The business had revenue of $3.47 million during the quarter, compared to the consensus estimate of $3.37 million. On average, equities research analysts forecast that YPF Sociedad Anonima will post 7.25 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently commented on YPF shares. Citigroup upgraded YPF Sociedad Anonima from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $44.00 to $48.00 in a research report on Monday, May 19th. Wall Street Zen upgraded YPF Sociedad Anonima from a "sell" rating to a "hold" rating in a report on Friday, June 27th. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $43.92.

YPF Sociedad Anonima Company 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.