Wall Street Zen Upgrades YPF Sociedad Anónima (NYSE:YPF) to Strong-Buy

YPF Sociedad Anónima (NYSE:YPF) was upgraded by equities researchers at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Saturday.

A number of other equities analysts have also weighed in on the stock. Zacks Research lowered shares of YPF Sociedad Anónima from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Weiss Ratings upgraded YPF Sociedad Anónima from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, May 28th. Morgan Stanley raised YPF Sociedad Anónima from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 30th. Finally, UBS Group increased their price objective on YPF Sociedad Anónima from $45.00 to $48.00 and gave the stock a “neutral” rating in a report on Wednesday, May 27th. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, YPF Sociedad Anónima has a consensus rating of “Hold” and an average target price of $46.00.

YPF Sociedad Anónima Price Performance

NYSE YPF opened at $49.73 on Friday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.73 and a current ratio of 0.94. The stock has a market cap of $19.56 billion, a price-to-earnings ratio of -47.82 and a beta of 1.28. The business has a 50 day simple moving average of $49.15 and a 200 day simple moving average of $42.71. YPF Sociedad Anónima has a 52-week low of $22.82 and a 52-week high of $57.49.

YPF Sociedad Anónima (NYSE:YPF) last announced its quarterly earnings results on Thursday, May 7th. The oil and gas exploration company reported $1.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.83 by $0.20. The firm had revenue of $5.03 billion for the quarter, compared to analyst estimates of $5.04 billion. YPF Sociedad Anónima had a negative net margin of 2.16% and a positive return on equity of 1.11%. Analysts anticipate that YPF Sociedad Anónima will post 6.63 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other YPF Sociedad Anónima news, VP Matias Osvaldo Farina purchased 8,875 shares of the stock in a transaction on Thursday, July 2nd. The shares were purchased at an average cost of $45.22 per share, for a total transaction of $401,327.50. Following the purchase, the vice president owned 55,687 shares of the company’s stock, valued at approximately $2,518,166.14. This represents a 18.96% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Horacio Daniel Marin purchased 2,840 shares of the business’s stock in a transaction on Thursday, July 2nd. The shares were acquired at an average cost of $46.35 per share, for a total transaction of $131,634.00. Following the completion of the transaction, the chief executive officer directly owned 92,193 shares in the company, valued at approximately $4,273,145.55. This represents a 3.18% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders purchased 11,792 shares of company stock valued at $537,153.

Institutional Trading of YPF Sociedad Anónima

Several institutional investors and hedge funds have recently bought and sold shares of the stock. VR Advisory Services Ltd boosted its position in YPF Sociedad Anónima by 5.9% during the third quarter. VR Advisory Services Ltd now owns 3,605,533 shares of the oil and gas exploration company’s stock valued at $87,578,000 after purchasing an additional 200,000 shares during the last quarter. North of South Capital LLP increased its position in shares of YPF Sociedad Anónima by 3.1% during the 4th quarter. North of South Capital LLP now owns 1,670,378 shares of the oil and gas exploration company’s stock worth $60,401,000 after purchasing an additional 50,395 shares during the last quarter. Oaktree Capital Management LP acquired a new position in shares of YPF Sociedad Anónima during the 1st quarter worth approximately $40,972,000. UBS Group AG increased its position in shares of YPF Sociedad Anónima by 125.2% during the 3rd quarter. UBS Group AG now owns 651,384 shares of the oil and gas exploration company’s stock worth $15,822,000 after purchasing an additional 362,155 shares during the last quarter. Finally, Bank of America Corp DE raised its stake in shares of YPF Sociedad Anónima by 161.2% during the 2nd quarter. Bank of America Corp DE now owns 568,507 shares of the oil and gas exploration company’s stock worth $17,880,000 after purchasing an additional 350,842 shares in the last quarter. Institutional investors own 10.08% of the company’s stock.

About YPF Sociedad Anónima

YPF Sociedad Anónima (NYSE: YPF) is an integrated oil and gas company headquartered in Buenos Aires, Argentina. The company’s primary businesses encompass upstream exploration and production of crude oil and natural gas, midstream transportation and storage, and downstream refining and distribution. YPF operates several major refineries and a nationwide network of service stations, supplying fuels, lubricants, and petrochemical products to both retail and industrial customers.

Founded in 1922 as Yacimientos Petrolíferos Fiscales, YPF was the world’s first state‐owned oil company.