YPF Sociedad Anónima (NYSE:YPF - Get Free Report) shares rose 3.5% on Wednesday . The stock traded as high as $55.60 and last traded at $55.1950. 187,779 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 1,810,761 shares. The stock had previously closed at $53.35.
Analysts Set New Price Targets
Several analysts recently commented on YPF shares. Weiss Ratings downgraded shares of YPF Sociedad Anónima from a "hold (c)" rating to a "hold (c-)" rating in a report on Monday. Zacks Research cut shares of YPF Sociedad Anónima from a "strong-buy" rating to a "hold" rating in a report on Monday, June 29th. HSBC upgraded shares of YPF Sociedad Anónima from a "hold" rating to a "buy" rating and set a $60.00 price objective for the company in a research report on Monday, August 17th. UBS Group boosted their price objective on YPF Sociedad Anónima from $48.00 to $55.00 and gave the stock a "neutral" rating in a report on Thursday, August 27th. Finally, Wall Street Zen raised YPF Sociedad Anónima from a "buy" rating to a "strong-buy" rating in a research report on Saturday, July 18th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $60.33.
Read Our Latest Analysis on YPF
YPF Sociedad Anónima Trading Up 1.8%
The company has a market capitalization of $21.36 billion, a price-to-earnings ratio of 28.58 and a beta of 1.25. 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 firm has a fifty day moving average price of $51.73 and a 200-day moving average price of $47.80.
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, beating analysts' consensus estimates of $2.26 by $0.81. The business had revenue of $6.57 billion during the quarter, compared to the consensus estimate of $5.99 billion. YPF Sociedad Anónima had a return on equity of 10.86% and a net margin of 3.60%. As a group, equities analysts anticipate that YPF Sociedad Anónima will post 7.74 EPS for the current year.
Insider Activity at YPF Sociedad Anónima
In other news, VP Matias Osvaldo Farina purchased 8,875 shares of YPF Sociedad Anónima stock in a transaction that occurred on Thursday, July 2nd. The shares were acquired at an average price of $45.22 per share, for a total transaction of $401,327.50. Following the transaction, the vice president owned 55,687 shares of the company's stock, valued at approximately $2,518,166.14. The trade was a 18.96% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Horacio Daniel Marin acquired 2,840 shares of the firm's stock in a transaction that occurred on Thursday, July 2nd. The stock was purchased at an average cost of $46.35 per share, for a total transaction of $131,634.00. Following the completion of the purchase, the chief executive officer directly owned 92,193 shares of the company's stock, valued at $4,273,145.55. The trade was a 3.18% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure.
Institutional Investors Weigh In On YPF Sociedad Anónima
Large investors have recently modified their holdings of the business. IPG Investment Advisors LLC increased its stake in shares of YPF Sociedad Anónima by 165.8% in the 2nd quarter. IPG Investment Advisors LLC now owns 14,317 shares of the oil and gas exploration company's stock valued at $651,000 after purchasing an additional 8,930 shares during the last quarter. Arlington Capital Management Inc. bought a new stake in shares of YPF Sociedad Anónima during the 2nd quarter worth $4,093,000. BlueCrest Capital Management Ltd boosted its stake in YPF Sociedad Anónima by 52.9% in the second quarter. BlueCrest Capital Management Ltd now owns 66,504 shares of the oil and gas exploration company's stock valued at $3,024,000 after buying an additional 23,004 shares in the last quarter. Engineers Gate Manager LP boosted its stake in shares of YPF Sociedad Anónima by 220.7% in the 2nd quarter. Engineers Gate Manager LP now owns 87,565 shares of the oil and gas exploration company's stock valued at $3,982,000 after purchasing an additional 60,264 shares in the last quarter. Finally, RWC Asset Advisors US LLC acquired a new stake in YPF Sociedad Anónima in the second quarter valued at approximately $12,216,000. Institutional investors and hedge funds own 10.08% of the company's stock.
YPF Sociedad Anónima Company Profile
(
Get Free Report)
YPF Sociedad Anónima is an Argentine integrated energy company engaged in the exploration, development and production of crude oil and natural gas. The company operates across Argentina, including the Vaca Muerta formation in the Neuquén Basin, one of the country's most important unconventional hydrocarbon regions.
YPF's downstream operations include refining crude oil, marketing fuels and lubricants, producing petrochemicals, and distributing petroleum products through a network of service stations and commercial channels.
Further Reading
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