RWC Asset Advisors US LLC Makes New Investment in YPF Sociedad Anónima $YPF

RWC Asset Advisors US LLC acquired a new stake in YPF Sociedad Anónima (NYSE:YPF) during the 2nd quarter, Holdings Channel reports. The institutional investor acquired 268,671 shares of the oil and gas exploration company’s stock, valued at approximately $12,216,000. YPF Sociedad Anónima makes up 2.7% of RWC Asset Advisors US LLC’s investment portfolio, making the stock its 11th biggest position.

A number of other hedge funds also recently made changes to their positions in the business. Financial Management Professionals Inc. bought a new position in shares of YPF Sociedad Anónima during the 2nd quarter worth approximately $27,000. Sunbelt Securities Inc. raised its stake in YPF Sociedad Anónima by 488.3% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,353 shares of the oil and gas exploration company’s stock valued at $33,000 after acquiring an additional 1,123 shares during the period. GAMMA Investing LLC lifted 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 during the last quarter. Van ECK Associates Corp lifted its holdings in YPF Sociedad Anónima by 246.9% during the 3rd quarter. Van ECK Associates Corp now owns 7,663 shares of the oil and gas exploration company’s stock valued at $186,000 after purchasing an additional 5,454 shares during the last quarter. Finally, Royal Bank of Canada boosted its position in YPF Sociedad Anónima by 20.8% during the fourth quarter. Royal Bank of Canada now owns 5,760 shares of the oil and gas exploration company’s stock worth $208,000 after purchasing an additional 990 shares during the period. 10.08% of the stock is owned by institutional investors and hedge funds.

YPF Sociedad Anónima Price Performance

NYSE:YPF opened at $52.63 on Tuesday. YPF Sociedad Anónima has a 52 week low of $22.82 and a 52 week high of $57.49. The firm has a market cap of $20.70 billion, a price-to-earnings ratio of 27.70 and a beta of 1.25. The firm’s 50-day simple moving average is $49.93 and its 200 day simple moving average is $46.40. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.72 and a current ratio of 0.93.

YPF Sociedad Anónima (NYSE:YPF) last issued its quarterly earnings data on Monday, August 10th. The oil and gas exploration company reported $3.07 earnings per share for the quarter, topping the consensus estimate of $2.26 by $0.81. The business had revenue of $6.57 billion during the quarter, compared to analysts’ expectations of $5.99 billion. YPF Sociedad Anónima had a net margin of 3.60% and a return on equity of 10.86%. As a group, sell-side analysts predict that YPF Sociedad Anónima will post 7.74 earnings per share for the current year.

Insider Activity at YPF Sociedad Anónima

In related news, CEO Horacio Daniel Marin purchased 2,840 shares of the company’s stock in a transaction that occurred on Thursday, July 2nd. The stock was acquired at an average price of $46.35 per share, with a total value of $131,634.00. Following the completion of the purchase, the chief executive officer directly owned 92,193 shares in the company, valued at $4,273,145.55. This trade represents a 3.18% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Matias Osvaldo Farina purchased 8,875 shares of the business’s stock in a transaction dated Thursday, July 2nd. The shares were purchased at an average cost of $45.22 per share, with a total value of $401,327.50. Following the acquisition, the vice president owned 55,687 shares in the company, valued at $2,518,166.14. This trade represents a 18.96% increase in their position. The disclosure for this purchase is available in the SEC filing.

Wall Street Analysts Forecast Growth

YPF has been the topic of several research reports. JPMorgan Chase & Co. upped their price objective on shares of YPF Sociedad Anónima from $61.50 to $66.00 and gave the company an “overweight” rating in a report on Tuesday, September 1st. UBS Group lifted their target price on shares of YPF Sociedad Anónima from $48.00 to $55.00 and gave the stock a “neutral” rating in a report on Thursday, August 27th. Wall Street Zen upgraded shares of YPF Sociedad Anónima from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 18th. HSBC raised shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and set a $60.00 price target on the stock in a report on Monday, August 17th. Finally, Zacks Research downgraded shares of YPF Sociedad Anónima from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $60.33.

YPF Sociedad Anónima 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.