YPF Sociedad Anónima (NYSE:YPF) Reaches New 52-Week High – Here’s What Happened

YPF Sociedad Anónima (NYSE:YPF)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $49.00 and last traded at $48.9410, with a volume of 260777 shares trading hands. The stock had previously closed at $47.07.

Analyst Ratings Changes

Several brokerages have recently commented on YPF. Wall Street Zen raised YPF Sociedad Anónima from a “sell” rating to a “hold” rating in a research note on Monday, March 2nd. Zacks Research raised YPF Sociedad Anónima from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 6th. Weiss Ratings lowered YPF Sociedad Anónima from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, May 13th. Morgan Stanley raised YPF Sociedad Anónima from an “equal weight” rating to an “overweight” rating in a research note on Monday, March 30th. Finally, UBS Group upped their price target on YPF Sociedad Anónima from $37.00 to $45.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $44.50.

YPF Sociedad Anónima Trading Up 0.0%

The company has a 50 day moving average of $43.33 and a 200-day moving average of $38.91. 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 market cap of $18.86 billion, a price-to-earnings ratio of -46.11 and a beta of 1.21.

YPF Sociedad Anónima (NYSE:YPF) last posted its earnings results on Thursday, May 7th. The oil and gas exploration company reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.20. YPF Sociedad Anónima had a positive return on equity of 1.11% and a negative net margin of 2.16%.The firm had revenue of $5.03 billion for the quarter, compared to analyst estimates of $5.04 billion. On average, research analysts anticipate that YPF Sociedad Anónima will post 6.96 earnings per share for the current year.

Insider Activity

In other YPF Sociedad Anónima news, VP Mauricio Alejandro Martin sold 3,430 shares of the company’s stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $43.60, for a total transaction of $149,548.00. Following the sale, the vice president owned 14 shares in the company, valued at $610.40. This represents a 99.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Marcelo Gustavo Aldeco sold 12,719 shares of the company’s stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $43.61, for a total value of $554,675.59. Following the sale, the vice president owned 101 shares in the company, valued at approximately $4,404.61. This trade represents a 99.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure.

Institutional Investors Weigh In On YPF Sociedad Anónima

Large investors have recently bought and sold shares of the stock. Sunbelt Securities Inc. increased its holdings in YPF Sociedad Anónima by 488.3% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,353 shares of the oil and gas exploration company’s stock worth $33,000 after purchasing an additional 1,123 shares during the period. Global Trust Asset Management LLC purchased a new stake in YPF Sociedad Anónima during the 4th quarter worth about $43,000. Bayforest Capital Ltd purchased a new stake in YPF Sociedad Anónima during the 4th quarter worth about $59,000. Hantz Financial Services Inc. increased its holdings in YPF Sociedad Anónima by 58.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 3,034 shares of the oil and gas exploration company’s stock worth $74,000 after purchasing an additional 1,123 shares during the period. Finally, Rakuten Securities Inc. increased its holdings in YPF Sociedad Anónima by 13.7% during the 4th quarter. Rakuten Securities Inc. now owns 2,598 shares of the oil and gas exploration company’s stock worth $94,000 after purchasing an additional 314 shares during the period. Hedge funds and other institutional investors own 10.08% of the company’s stock.

YPF Sociedad Anónima 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.