Alpine Global Management LLC Makes New Investment in YPF Sociedad Anónima $YPF

Alpine Global Management LLC purchased a new position in shares of YPF Sociedad Anónima (NYSE:YPF) in the 4th quarter, Holdings Channel reports. The firm purchased 204,000 shares of the oil and gas exploration company’s stock, valued at approximately $7,377,000. YPF Sociedad Anónima makes up approximately 1.3% of Alpine Global Management LLC’s investment portfolio, making the stock its 14th biggest holding.

Other large investors also recently modified their holdings of the company. Acadian Asset Management LLC bought a new stake in shares of YPF Sociedad Anónima during the first quarter worth about $561,000. Diversify Advisory Services LLC increased its position in YPF Sociedad Anónima by 26.0% in the 2nd quarter. Diversify Advisory Services LLC now owns 18,087 shares of the oil and gas exploration company’s stock valued at $614,000 after acquiring an additional 3,733 shares during the period. Diversify Wealth Management LLC increased its position in YPF Sociedad Anónima by 17.3% in the 2nd quarter. Diversify Wealth Management LLC now owns 58,919 shares of the oil and gas exploration company’s stock valued at $2,000,000 after acquiring an additional 8,711 shares during the period. Bank of America Corp DE raised its stake in shares of YPF Sociedad Anónima by 161.2% during 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 acquiring an additional 350,842 shares during the last quarter. Finally, Brevan Howard Capital Management LP lifted its holdings in shares of YPF Sociedad Anónima by 5.2% during the second quarter. Brevan Howard Capital Management LP now owns 317,889 shares of the oil and gas exploration company’s stock worth $10,525,000 after purchasing an additional 15,760 shares during the period. 10.08% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other YPF Sociedad Anónima news, VP Mauricio Alejandro Martin sold 3,430 shares of the firm’s stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $43.60, for a total value of $149,548.00. Following the completion of the sale, the vice president directly owned 14 shares in the company, valued at approximately $610.40. This trade represents a 99.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. UBS Group increased their price target on YPF Sociedad Anónima from $45.00 to $48.00 and gave the company a “neutral” rating in a research note on Wednesday, May 27th. Zacks Research raised YPF Sociedad Anónima from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 6th. Wall Street Zen upgraded YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a report on Saturday, June 6th. Weiss Ratings raised shares of YPF Sociedad Anónima from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, May 28th. Finally, Morgan Stanley upgraded shares of YPF Sociedad Anónima from an “equal weight” rating to an “overweight” rating in a report on Monday, March 30th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, YPF Sociedad Anónima has an average rating of “Moderate Buy” and a consensus price target of $46.00.

YPF Sociedad Anónima Stock Performance

YPF stock opened at $50.43 on Friday. The firm has a market cap of $19.83 billion, a PE ratio of -48.49 and a beta of 1.24. The company has a current ratio of 0.94, a quick ratio of 0.73 and a debt-to-equity ratio of 0.76. The stock has a 50-day moving average price of $47.34 and a 200-day moving average price of $41.06. YPF Sociedad Anónima has a 1-year low of $22.82 and a 1-year high of $57.49.

YPF Sociedad Anónima (NYSE:YPF) last announced its earnings results on Thursday, May 7th. The oil and gas exploration company reported $1.03 EPS for the quarter, beating 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 company had revenue of $5.03 billion for the quarter, compared to analyst estimates of $5.04 billion. As a group, equities research analysts expect that YPF Sociedad Anónima will post 5.66 earnings per share for the current year.

YPF Sociedad Anónima 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.