YPF Sociedad Anónima (NYSE:YPF) Hits New 12-Month High – Here’s Why

YPF Sociedad Anónima (NYSE:YPFGet Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $56.30 and last traded at $56.8970, with a volume of 88074 shares changing hands. The stock had previously closed at $54.27.

Wall Street Analyst Weigh In

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

View Our Latest Research Report on YPF Sociedad Anónima

YPF Sociedad Anónima Price Performance

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 market cap of $21.94 billion, a PE ratio of -53.63 and a beta of 1.24. The company’s 50 day moving average is $46.81 and its 200-day moving average is $40.59.

YPF Sociedad Anónima (NYSE:YPFGet Free Report) last posted its quarterly earnings data 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. YPF Sociedad Anónima had a negative net margin of 2.16% and a positive return on equity of 1.11%. The company had revenue of $5.03 billion during the quarter, compared to analysts’ expectations of $5.04 billion. As a group, sell-side analysts predict that YPF Sociedad Anónima will post 5.66 earnings per share for the current year.

Insider Buying and Selling

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

Institutional Trading of YPF Sociedad Anónima

Institutional investors have recently added to or reduced their stakes in the stock. VR Advisory Services Ltd increased its holdings in YPF Sociedad Anónima by 5.9% in 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 buying an additional 200,000 shares during the last quarter. North of South Capital LLP lifted its holdings in 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 buying an additional 50,395 shares during the last quarter. Oaktree Capital Management LP bought a new position in YPF Sociedad Anónima during the 1st quarter worth approximately $40,972,000. UBS Group AG grew its position in shares of YPF Sociedad Anónima by 125.2% in 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 acquiring an additional 362,155 shares in the last quarter. Finally, Bank of America Corp DE grew its position in shares of YPF Sociedad Anónima by 161.2% in 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 acquiring an additional 350,842 shares in the last quarter. 10.08% of the stock is owned by institutional investors and hedge funds.

About YPF Sociedad Anónima

(Get Free Report)

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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