YPF Sociedad Anónima (NYSE:YPF) Sets New 52-Week High After Analyst Upgrade

Shares of YPF Sociedad Anónima (NYSE:YPF) reached a new 52-week high during trading on Tuesday after Morgan Stanley upgraded the stock from an equal weight rating to an overweight rating. The company traded as high as $47.84 and last traded at $46.1240, with a volume of 4823266 shares trading hands. The stock had previously closed at $45.17.

A number of other research firms have also issued reports on YPF. Weiss Ratings lowered YPF Sociedad Anónima from a “hold (c)” rating to a “sell (d)” rating in a research report on Monday, March 9th. Zacks Research upgraded YPF Sociedad Anónima from a “strong sell” rating to a “hold” rating in a research report on Monday, February 23rd. Finally, Wall Street Zen raised YPF Sociedad Anónima from a “sell” rating to a “hold” rating in a research note on Monday, March 2nd. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $41.67.

Insider Activity at YPF Sociedad Anónima

In other news, VP Mauricio Alejandro Martin sold 3,430 shares of the 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 completion of the sale, the vice president owned 14 shares of the company’s stock, valued at $610.40. This represents a 99.59% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Marcelo Gustavo Aldeco sold 12,719 shares of the company’s stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $43.61, for a total value of $554,675.59. Following the completion of the transaction, the vice president owned 101 shares in the company, valued at $4,404.61. This represents a 99.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure.

Hedge Funds Weigh In On YPF Sociedad Anónima

A number of hedge funds have recently modified their holdings of YPF. North of South Capital LLP raised its stake in shares of YPF Sociedad Anónima by 4.5% in the 3rd quarter. North of South Capital LLP now owns 1,619,983 shares of the oil and gas exploration company’s stock valued at $39,349,000 after acquiring an additional 69,634 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of YPF Sociedad Anónima by 55.7% during 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 purchasing an additional 1,208,440 shares during the period. Ping Capital Management Inc. increased its holdings in YPF Sociedad Anónima by 36.1% in the 3rd 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 during the last quarter. Oaktree Fund Advisors LLC acquired a new stake in YPF Sociedad Anónima in the 2nd quarter valued at approximately $1,170,000. Finally, Kapitalo Investimentos Ltda purchased a new stake in YPF Sociedad Anónima in the third quarter valued at approximately $6,257,000. 10.08% of the stock is currently owned by hedge funds and other institutional investors.

YPF Sociedad Anónima Trading Up 0.2%

The company has a quick ratio of 0.68, a current ratio of 0.87 and a debt-to-equity ratio of 0.77. The business has a 50-day simple moving average of $38.66 and a 200-day simple moving average of $34.70. The company has a market cap of $18.17 billion, a PE ratio of -21.89 and a beta of 1.44.

YPF Sociedad Anónima (NYSE:YPF) last issued its quarterly earnings data on Thursday, February 26th. The oil and gas exploration company reported ($1.67) earnings per share for the quarter, missing analysts’ consensus estimates of $0.77 by ($2.44). The firm had revenue of $4.56 billion during the quarter, compared to analyst estimates of $3.14 million. YPF Sociedad Anónima had a negative net margin of 4.48% and a negative return on equity of 0.26%. On average, analysts predict that YPF Sociedad Anónima will post 7.25 EPS for the current fiscal year.

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.