YPF Sociedad Anónima (NYSE:YPF) Sets New 12-Month High Following Analyst Upgrade

Shares of YPF Sociedad Anónima (NYSE:YPF) reached a new 52-week high during trading on Wednesday after UBS Group raised their price target on the stock from $45.00 to $48.00. UBS Group currently has a neutral rating on the stock. YPF Sociedad Anónima traded as high as $49.00 and last traded at $48.69, with a volume of 2401512 shares traded. The stock had previously closed at $47.99.

Other equities analysts also recently issued research reports about the company. Weiss Ratings downgraded YPF Sociedad Anónima from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, May 13th. Zacks Research raised shares of YPF Sociedad Anónima from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 6th. Morgan Stanley raised shares of YPF Sociedad Anónima from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 30th. Finally, Wall Street Zen raised shares of YPF Sociedad Anónima from a “sell” rating to a “hold” rating in a research report on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $46.00.

Insider Transactions at YPF Sociedad Anónima

In other news, VP Marcelo Gustavo Aldeco sold 12,719 shares of the business’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $43.61, for a total value of $554,675.59. Following the completion of the sale, the vice president owned 101 shares of the company’s stock, valued at approximately $4,404.61. The trade was a 99.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Mauricio Alejandro Martin sold 3,430 shares of the business’s stock in a transaction dated Wednesday, March 25th. The shares were sold at an average price of $43.60, for a total transaction of $149,548.00. Following the completion of the sale, the vice president directly owned 14 shares of the company’s stock, valued at approximately $610.40. The trade was a 99.59% decrease in their position. The SEC filing for this sale provides additional information.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of YPF. Oaktree Capital Management LP acquired a new position in YPF Sociedad Anónima in the first quarter valued at about $40,972,000. Equinox Partners Investment Management LLC acquired a new position in YPF Sociedad Anónima in the first quarter valued at about $21,585,000. UBS Group AG raised its stake in YPF Sociedad Anónima by 125.2% in the third quarter. UBS Group AG now owns 651,384 shares of the oil and gas exploration company’s stock valued at $15,822,000 after purchasing an additional 362,155 shares in the last quarter. Bank of America Corp DE raised its stake in YPF Sociedad Anónima by 161.2% in the second quarter. Bank of America Corp DE now owns 568,507 shares of the oil and gas exploration company’s stock valued at $17,880,000 after purchasing an additional 350,842 shares in the last quarter. Finally, Candriam S.C.A. raised its stake in YPF Sociedad Anónima by 202.0% in the first quarter. Candriam S.C.A. now owns 444,000 shares of the oil and gas exploration company’s stock valued at $20,522,000 after purchasing an additional 297,000 shares in the last quarter. Institutional investors and hedge funds own 10.08% of the company’s stock.

YPF Sociedad Anónima Stock Performance

The firm has a market cap of $20.44 billion, a price-to-earnings ratio of -49.98 and a beta of 1.21. The stock has a 50 day moving average of $44.30 and a 200 day moving average of $39.30. The company has a quick ratio of 0.73, a current ratio of 0.94 and a debt-to-equity ratio of 0.76.

YPF Sociedad Anónima (NYSE:YPF) last released its earnings results on Thursday, May 7th. The oil and gas exploration company reported $1.03 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.20. YPF Sociedad Anónima had a positive return on equity of 1.11% and a negative net margin of 2.16%.The firm had revenue of $5.03 billion during the quarter, compared to analysts’ expectations of $5.04 billion. As a group, analysts anticipate that YPF Sociedad Anónima will post 6.96 EPS for the current fiscal year.

YPF Sociedad Anónima Company Profile

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.