YPF Sociedad Anónima (NYSE:YPF) Shares Down 6.3% – Here’s Why

YPF Sociedad Anónima (NYSE:YPF) shares traded down 6.3% during mid-day trading on Monday . The stock traded as low as $53.08 and last traded at $52.3530. 664,098 shares traded hands during mid-day trading, a decline of 68% from the average session volume of 2,095,758 shares. The stock had previously closed at $55.89.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Weiss Ratings raised shares of YPF Sociedad Anónima from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, May 28th. Morgan Stanley raised 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 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. Wall Street Zen raised shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a research report on Saturday, June 6th. Finally, Zacks Research raised shares of YPF Sociedad Anónima from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 6th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $46.00.

YPF Sociedad Anónima Stock Performance

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 fifty day simple moving average of $47.07 and a two-hundred day simple moving average of $40.86. The stock has a market cap of $19.99 billion, a PE ratio of -48.87 and a beta of 1.24.

YPF Sociedad Anónima (NYSE:YPF) last posted its earnings results on Thursday, May 7th. The oil and gas exploration company reported $1.03 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.20. The business 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%. Equities analysts anticipate that YPF Sociedad Anónima will post 5.66 EPS for the current fiscal year.

Insiders Place Their Bets

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

Institutional Investors Weigh In On YPF Sociedad Anónima

A number of institutional investors have recently modified their holdings of YPF. Global Trust Asset Management LLC acquired a new position in YPF Sociedad Anónima in the fourth quarter worth $43,000. Sunbelt Securities Inc. raised its holdings in shares of YPF Sociedad Anónima by 488.3% during the third 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. Bayforest Capital Ltd acquired a new stake in shares of YPF Sociedad Anónima during the fourth quarter worth $59,000. Rakuten Securities Inc. lifted its position in shares of YPF Sociedad Anónima by 13.7% in the 4th quarter. Rakuten Securities Inc. now owns 2,598 shares of the oil and gas exploration company’s stock worth $94,000 after buying an additional 314 shares during the last quarter. Finally, DGS Capital Management LLC bought a new position in shares of YPF Sociedad Anónima in the 1st quarter worth about $237,000. Institutional investors and hedge funds 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.