Hsbc Holdings PLC cut its holdings in shares of YPF Sociedad Anónima (NYSE:YPF – Free Report) by 7.3% during the first quarter, HoldingsChannel.com reports. The fund owned 277,591 shares of the oil and gas exploration company’s stock after selling 21,851 shares during the period. Hsbc Holdings PLC’s holdings in YPF Sociedad Anónima were worth $13,199,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of YPF. TT International Asset Management LTD acquired a new stake in YPF Sociedad Anónima in the 4th quarter valued at about $895,000. Vaughan Nelson Investment Management L.P. boosted its holdings 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 worth $9,487,000 after purchasing an additional 46,195 shares during the last quarter. Leonteq Securities AG acquired a new position in shares of YPF Sociedad Anónima during the 4th quarter worth approximately $829,000. SG Americas Securities LLC purchased a new stake in shares of YPF Sociedad Anónima in the fourth quarter valued at approximately $1,112,000. Finally, Equinox Partners Investment Management LLC purchased a new stake in shares of YPF Sociedad Anónima in the first quarter valued at approximately $21,585,000. Hedge funds and other institutional investors own 10.08% of the company’s stock.
YPF Sociedad Anónima Trading Up 2.4%
Shares of YPF Sociedad Anónima stock opened at $52.54 on Thursday. The firm has a market capitalization of $20.66 billion, a price-to-earnings ratio of -50.52 and a beta of 1.28. YPF Sociedad Anónima has a fifty-two week low of $22.82 and a fifty-two week high of $57.49. 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 stock has a 50 day moving average of $49.57 and a 200 day moving average of $43.08.
Insider Transactions at YPF Sociedad Anónima
In related news, VP Matias Osvaldo Farina bought 8,875 shares of the firm’s stock in a transaction on Thursday, July 2nd. The shares were bought at an average price of $45.22 per share, with a total value of $401,327.50. Following the completion of the transaction, the vice president directly owned 55,687 shares of the company’s stock, valued at $2,518,166.14. This represents a 18.96% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Horacio Daniel Marin bought 2,840 shares of the stock in a transaction on Thursday, July 2nd. The shares were bought at an average cost of $46.35 per share, with a total value of $131,634.00. Following the purchase, the chief executive officer owned 92,193 shares of the company’s stock, valued at $4,273,145.55. This trade represents a 3.18% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders acquired 11,792 shares of company stock worth $537,153 in the last ninety days.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on the company. Morgan Stanley upgraded YPF Sociedad Anónima from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 30th. Wall Street Zen raised YPF Sociedad Anónima from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 18th. Zacks Research lowered YPF Sociedad Anónima from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. 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, UBS Group upped 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. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, YPF Sociedad Anónima currently has a consensus rating of “Hold” and a consensus target price of $46.00.
Get Our Latest Stock Analysis on YPF Sociedad Anónima
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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