YPF Sociedad Anonima (NYSE:YPF – Get Free Report)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $32.79 and traded as high as $39.15. YPF Sociedad Anonima shares last traded at $37.4790, with a volume of 1,310,755 shares.
Analysts Set New Price Targets
YPF has been the topic of a number of research analyst reports. Zacks Research cut shares of YPF Sociedad Anonima from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 6th. JPMorgan Chase & Co. decreased their price objective on YPF Sociedad Anonima from $47.00 to $44.00 and set an “overweight” rating on the stock in a research note on Friday, October 17th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of YPF Sociedad Anonima in a report on Wednesday, January 21st. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, YPF Sociedad Anonima presently has a consensus rating of “Hold” and an average price target of $41.67.
Check Out Our Latest Analysis on YPF Sociedad Anonima
YPF Sociedad Anonima Stock Performance
YPF Sociedad Anonima (NYSE:YPF – Get Free Report) last posted its quarterly earnings results on Friday, November 7th. The oil and gas exploration company reported ($0.53) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($1.35). The company had revenue of $4.59 billion for the quarter, compared to the consensus estimate of $4.55 billion. YPF Sociedad Anonima had a positive return on equity of 2.88% and a negative net margin of 2.45%. On average, equities research analysts predict that YPF Sociedad Anonima will post 7.25 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. raised its holdings in shares of YPF Sociedad Anonima by 194.9% during the second quarter. JPMorgan Chase & Co. now owns 4,898,315 shares of the oil and gas exploration company’s stock valued at $154,052,000 after acquiring an additional 3,237,154 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of YPF Sociedad Anonima by 55.7% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,379,408 shares of the oil and gas exploration company’s stock worth $106,282,000 after acquiring an additional 1,208,440 shares in the last quarter. Ping Capital Management Inc. increased its stake in shares of YPF Sociedad Anonima by 36.1% during the third quarter. Ping Capital Management Inc. now owns 2,017,000 shares of the oil and gas exploration company’s stock valued at $48,993,000 after purchasing an additional 534,800 shares in the last quarter. UBS Group AG grew its stake in shares of YPF Sociedad Anonima by 125.2% in the third 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 during the last quarter. Finally, Bank of America Corp DE grew its position in YPF Sociedad Anonima by 161.2% during the 2nd quarter. Bank of America Corp DE now owns 568,507 shares of the oil and gas exploration company’s stock valued at $17,880,000 after purchasing an additional 350,842 shares during the last quarter. Institutional investors own 10.08% of the company’s stock.
YPF Sociedad Anonima 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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