Shares of YPF Sociedad Anónima (NYSE:YPF – Get Free Report) have received an average recommendation of “Hold” from the five analysts that are presently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $46.00.
A number of equities research analysts have weighed in on the company. Wall Street Zen raised YPF Sociedad Anónima from a “buy” rating to a “strong-buy” rating in a report on Saturday. Zacks Research lowered YPF Sociedad Anónima from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Morgan Stanley upgraded YPF Sociedad Anónima from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 30th. Weiss Ratings upgraded YPF Sociedad Anónima from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, May 28th. Finally, UBS Group lifted their price objective on YPF Sociedad Anónima from $45.00 to $48.00 and gave the company a “neutral” rating in a report on Wednesday, May 27th.
YPF Sociedad Anónima Stock Up 1.5%
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, 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. Analysts predict that YPF Sociedad Anónima will post 7.22 earnings per share for the current year.
Insider Activity
In other news, CEO Horacio Daniel Marin purchased 2,840 shares of the business’s stock in a transaction that occurred on Thursday, July 2nd. The stock was purchased at an average cost of $46.35 per share, with a total value of $131,634.00. Following the acquisition, 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 position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Matias Osvaldo Farina purchased 8,875 shares of YPF Sociedad Anónima stock in a transaction on Thursday, July 2nd. The stock was purchased at an average price of $45.22 per share, for a total transaction of $401,327.50. Following the completion of the transaction, the vice president owned 55,687 shares of the company’s stock, valued at approximately $2,518,166.14. This represents a 18.96% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last ninety days, insiders bought 11,792 shares of company stock worth $537,153.
Institutional Trading of YPF Sociedad Anónima
Several hedge funds have recently modified their holdings of the company. Financial Management Professionals Inc. acquired a new position in shares of YPF Sociedad Anónima in the 2nd quarter worth approximately $27,000. Steadtrust LLC grew its position in YPF Sociedad Anónima by 10.0% during the 2nd quarter. Steadtrust LLC now owns 22,000 shares of the oil and gas exploration company’s stock worth $1,000,000 after acquiring an additional 2,000 shares during the last quarter. Assenagon Asset Management S.A. increased its holdings in YPF Sociedad Anónima by 87.1% during the 2nd quarter. Assenagon Asset Management S.A. now owns 111,288 shares of the oil and gas exploration company’s stock valued at $5,060,000 after purchasing an additional 51,802 shares in the last quarter. GAMMA Investing LLC increased its holdings in YPF Sociedad Anónima by 13.0% during the 2nd quarter. GAMMA Investing LLC now owns 1,934 shares of the oil and gas exploration company’s stock valued at $88,000 after purchasing an additional 223 shares in the last quarter. Finally, Oaktree Fund Advisors LLC bought a new position in YPF Sociedad Anónima in the 1st quarter valued at $5,019,000. Institutional investors and hedge funds own 10.08% of the company’s stock.
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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