Himension Capital Singapore PTE. LTD. bought a new stake in YPF Sociedad Anónima (NYSE:YPF – Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 69,584 shares of the oil and gas exploration company’s stock, valued at approximately $3,216,000.
A number of other hedge funds have also made changes to their positions in YPF. VR Advisory Services Ltd raised its stake in shares of YPF Sociedad Anónima by 5.9% during the 3rd quarter. VR Advisory Services Ltd now owns 3,605,533 shares of the oil and gas exploration company’s stock worth $87,578,000 after buying an additional 200,000 shares during the last quarter. North of South Capital LLP grew its stake in YPF Sociedad Anónima by 3.1% in the 4th quarter. North of South Capital LLP now owns 1,670,378 shares of the oil and gas exploration company’s stock valued at $60,401,000 after acquiring an additional 50,395 shares during the last quarter. UBS Group AG grew its stake in YPF Sociedad Anónima by 125.2% in the 3rd quarter. UBS Group AG now owns 651,384 shares of the oil and gas exploration company’s stock valued at $15,822,000 after acquiring an additional 362,155 shares during the last quarter. Bank of America Corp DE increased its holdings in YPF Sociedad Anónima 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 acquiring an additional 350,842 shares in the last quarter. Finally, Equinox Partners Investment Management LLC purchased a new position in YPF Sociedad Anónima during the 1st quarter valued at about $21,585,000. Hedge funds and other institutional investors own 10.08% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports 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. UBS Group raised their price objective on shares of YPF Sociedad Anónima from $45.00 to $48.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 27th. Weiss Ratings upgraded YPF Sociedad Anónima from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, May 28th. Wall Street Zen raised YPF Sociedad Anónima from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Finally, Zacks Research cut YPF Sociedad Anónima from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, YPF Sociedad Anónima presently has a consensus rating of “Hold” and an average target price of $46.00.
YPF Sociedad Anónima Trading Up 1.6%
Shares of YPF stock opened at $51.24 on Wednesday. The company has a market capitalization of $20.15 billion, a price-to-earnings ratio of -49.27 and a beta of 1.28. The company has a current ratio of 0.94, a quick ratio of 0.73 and a debt-to-equity ratio of 0.76. The firm has a 50-day moving average price of $49.39 and a 200 day moving average price of $42.96. YPF Sociedad Anónima has a twelve month low of $22.82 and a twelve month high of $57.49.
YPF Sociedad Anónima (NYSE:YPF – Get Free Report) last released its quarterly 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. 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%. Research analysts forecast that YPF Sociedad Anónima will post 7.22 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, CEO Horacio Daniel Marin acquired 2,840 shares of YPF Sociedad Anónima stock in a transaction that occurred on Thursday, July 2nd. The shares were 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 owned 92,193 shares of the company’s stock, valued at approximately $4,273,145.55. This represents a 3.18% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Matias Osvaldo Farina bought 8,875 shares of the firm’s stock in a transaction that occurred on Thursday, July 2nd. The shares were purchased at an average price of $45.22 per share, for a total transaction of $401,327.50. Following the transaction, the vice president owned 55,687 shares of the company’s stock, valued at $2,518,166.14. The trade was a 18.96% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders bought 11,792 shares of company stock valued at $537,153.
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.
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