Oaktree Capital Management LP acquired a new stake in YPF Sociedad Anónima (NYSE:YPF – Free Report) during the first quarter, Holdings Channel reports. The institutional investor acquired 886,465 shares of the oil and gas exploration company’s stock, valued at approximately $40,972,000.
Several other large investors have also added to or reduced their stakes in YPF. Sunbelt Securities Inc. lifted its position in YPF Sociedad Anónima by 488.3% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,353 shares of the oil and gas exploration company’s stock worth $33,000 after buying an additional 1,123 shares in the last quarter. Global Trust Asset Management LLC acquired a new stake in YPF Sociedad Anónima in the fourth quarter valued at $43,000. Bayforest Capital Ltd acquired a new stake in YPF Sociedad Anónima in the 4th quarter valued at about $59,000. Rakuten Securities Inc. boosted its stake in shares of YPF Sociedad Anónima by 13.7% during the 4th quarter. Rakuten Securities Inc. now owns 2,598 shares of the oil and gas exploration company’s stock worth $94,000 after acquiring an additional 314 shares during the period. Finally, Van ECK Associates Corp boosted its position in YPF Sociedad Anónima by 246.9% during the third quarter. Van ECK Associates Corp now owns 7,663 shares of the oil and gas exploration company’s stock worth $186,000 after purchasing an additional 5,454 shares during the period. Institutional investors and hedge funds own 10.08% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on the company. Weiss Ratings upgraded YPF Sociedad Anónima from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, May 28th. UBS Group boosted their price objective on shares of YPF Sociedad Anónima from $45.00 to $48.00 and gave the company a “neutral” rating in a report on Wednesday, May 27th. Zacks Research cut shares of YPF Sociedad Anónima from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Finally, Wall Street Zen upgraded shares of YPF Sociedad Anónima from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 18th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, YPF Sociedad Anónima currently has an average rating of “Hold” and an average target price of $46.00.
Insiders Place Their Bets
In other YPF Sociedad Anónima news, VP Matias Osvaldo Farina bought 8,875 shares of the stock in a transaction on Thursday, July 2nd. The stock was purchased at an average price of $45.22 per share, with a total value of $401,327.50. Following the completion of the purchase, the vice president owned 55,687 shares in the company, valued at $2,518,166.14. The trade was a 18.96% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available 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, for a total transaction of $131,634.00. Following the completion of the purchase, the chief executive officer owned 92,193 shares in the company, valued at $4,273,145.55. This represents a 3.18% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought a total of 11,792 shares of company stock valued at $537,153 in the last three months.
YPF Sociedad Anónima Stock Performance
YPF opened at $50.33 on Thursday. YPF Sociedad Anónima has a 52-week low of $22.82 and a 52-week high of $57.49. The business’s fifty day moving average is $50.05 and its 200-day moving average is $43.64. 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 firm has a market cap of $19.79 billion, a P/E ratio of -48.39 and a beta of 1.28.
YPF Sociedad Anónima (NYSE:YPF – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The oil and gas exploration company reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.20. The firm had revenue of $5.03 billion for the quarter, compared to the consensus estimate of $5.04 billion. YPF Sociedad Anónima had a negative net margin of 2.16% and a positive return on equity of 1.11%. Sell-side analysts expect that YPF Sociedad Anónima will post 7.32 EPS for the current fiscal year.
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.
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