YPF Sociedad Anónima (NYSE:YPF – Get Free Report)’s stock price hit a new 52-week high on Thursday . The company traded as high as $56.30 and last traded at $56.8970, with a volume of 88074 shares. The stock had previously closed at $54.27.
Analysts Set New Price Targets
A number of equities analysts have weighed in on the stock. Morgan Stanley upgraded shares of YPF Sociedad Anónima from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 30th. Wall Street Zen upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a research report on Saturday, June 6th. UBS Group increased their target price on shares of YPF Sociedad Anónima from $45.00 to $48.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 27th. Weiss Ratings upgraded shares of YPF Sociedad Anónima from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, May 28th. Finally, Zacks Research upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 6th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $46.00.
YPF Sociedad Anónima Stock Performance
YPF Sociedad Anónima (NYSE:YPF – Get 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, topping the consensus estimate of $0.83 by $0.20. The company had revenue of $5.03 billion for the quarter, compared to analysts’ expectations of $5.04 billion. YPF Sociedad Anónima had a negative net margin of 2.16% and a positive return on equity of 1.11%. As a group, equities research analysts expect that YPF Sociedad Anónima will post 4.97 EPS for the current year.
Insider Activity at YPF Sociedad Anónima
In related news, VP Mauricio Alejandro Martin sold 3,430 shares of the company’s 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 directly owned 14 shares in the company, valued at approximately $610.40. This represents a 99.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Marcelo Gustavo Aldeco sold 12,719 shares of the company’s 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 owned 101 shares in the company, valued at approximately $4,404.61. This trade represents a 99.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the business. TT International Asset Management LTD bought a new position in shares of YPF Sociedad Anónima in the fourth quarter worth approximately $895,000. Vaughan Nelson Investment Management L.P. lifted its position in YPF Sociedad Anónima by 21.4% during the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 262,370 shares of the oil and gas exploration company’s stock valued at $9,487,000 after buying an additional 46,195 shares during the period. SG Americas Securities LLC purchased a new position in YPF Sociedad Anónima during the fourth quarter valued at $1,112,000. Monaco Asset Management SAM purchased a new position in YPF Sociedad Anónima during the third quarter valued at $486,000. Finally, Leonteq Securities AG purchased a new position in YPF Sociedad Anónima during the fourth quarter valued at $829,000. 10.08% of the stock is currently owned by institutional investors.
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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