YPF Sociedad Anónima (NYSE:YPF – Get Free Report) was up 5.3% during mid-day trading on Wednesday . The stock traded as high as $49.59 and last traded at $49.6360. Approximately 819,995 shares were traded during trading, a decline of 60% from the average session volume of 2,050,819 shares. The stock had previously closed at $47.13.
Wall Street Analyst Weigh In
A number of brokerages have commented on YPF. Zacks Research cut YPF Sociedad Anónima from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Morgan Stanley upgraded shares of YPF Sociedad Anónima from an “equal weight” rating to an “overweight” rating in a report on Monday, March 30th. Weiss Ratings upgraded shares of YPF Sociedad Anónima from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, May 28th. Wall Street Zen cut YPF Sociedad Anónima from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 5th. Finally, UBS Group upped their price target on YPF Sociedad Anónima from $45.00 to $48.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 27th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $46.00.
Get Our Latest Stock Analysis on YPF
YPF Sociedad Anónima Stock Up 0.9%
YPF Sociedad Anónima (NYSE:YPF – Get Free Report) last released its quarterly earnings data 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 analysts’ expectations of $5.04 billion. Analysts expect that YPF Sociedad Anónima will post 6.63 EPS for the current year.
Insider Transactions at YPF Sociedad Anónima
In related news, VP Matias Osvaldo Farina purchased 8,875 shares of YPF Sociedad Anónima stock in a transaction dated Thursday, July 2nd. The stock was purchased at an average cost of $45.22 per share, for a total transaction of $401,327.50. Following the completion of the purchase, the vice president directly owned 55,687 shares of the company’s stock, valued at $2,518,166.14. The trade was a 18.96% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Horacio Daniel Marin purchased 2,840 shares of YPF Sociedad Anónima stock in a transaction dated Thursday, July 2nd. The stock was bought at an average price of $46.35 per share, with a total value 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 approximately $4,273,145.55. This trade 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 have bought 11,792 shares of company stock worth $537,153.
Institutional Investors Weigh In On YPF Sociedad Anónima
Hedge funds have recently added to or reduced their stakes in the stock. TT International Asset Management LTD purchased a new position in YPF Sociedad Anónima in the fourth quarter worth about $895,000. Vaughan Nelson Investment Management L.P. increased its position in shares of YPF Sociedad Anónima by 21.4% during the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 262,370 shares of the oil and gas exploration company’s stock valued at $9,487,000 after purchasing an additional 46,195 shares during the last quarter. SG Americas Securities LLC purchased a new stake in shares of YPF Sociedad Anónima during the 4th quarter valued at about $1,112,000. Leonteq Securities AG bought a new position in shares of YPF Sociedad Anónima in the 4th quarter worth approximately $829,000. Finally, Equinox Partners Investment Management LLC bought a new position in shares of YPF Sociedad Anónima in the 1st quarter worth approximately $21,585,000. 10.08% of the stock is currently owned by hedge funds and other institutional investors.
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.
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