YPF Sociedad Anónima (NYSE:YPF) Upgraded at HSBC

HSBC upgraded shares of YPF Sociedad Anónima (NYSE:YPF) from a hold rating to a buy rating in a research note published on Monday morning, MarketBeat Ratings reports. They currently have $60.00 price objective on the oil and gas exploration company’s stock.

Other equities research analysts have also recently issued research reports about the company. Wall Street Zen upgraded YPF Sociedad Anónima from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 18th. Zacks Research lowered shares of YPF Sociedad Anónima from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Weiss Ratings cut shares of YPF Sociedad Anónima from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, August 12th. Finally, UBS Group lifted their target price on YPF Sociedad Anónima from $45.00 to $48.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 27th. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $50.67.

YPF Sociedad Anónima Stock Performance

NYSE:YPF opened at $50.03 on Monday. The firm has a market capitalization of $19.68 billion, a PE ratio of 26.33 and a beta of 1.28. The business’s fifty day moving average price is $49.45 and its 200 day moving average price is $45.19. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.93 and a quick ratio of 0.72. YPF Sociedad Anónima has a 12 month low of $22.82 and a 12 month high of $57.49.

YPF Sociedad Anónima (NYSE:YPF) last posted its quarterly earnings results on Monday, August 10th. The oil and gas exploration company reported $3.07 earnings per share for the quarter, beating analysts’ consensus estimates of $2.26 by $0.81. The company had revenue of $6.57 billion for the quarter, compared to analysts’ expectations of $5.99 billion. YPF Sociedad Anónima had a return on equity of 10.86% and a net margin of 3.60%. On average, sell-side analysts anticipate that YPF Sociedad Anónima will post 7.5 earnings per share for the current fiscal year.

Insider Buying and Selling

In other YPF Sociedad Anónima news, VP Matias Osvaldo Farina purchased 8,875 shares of YPF Sociedad Anónima stock in a transaction that occurred on Thursday, July 2nd. The stock was purchased at an average price of $45.22 per share, for a total transaction of $401,327.50. Following the transaction, the vice president directly owned 55,687 shares in the company, valued at $2,518,166.14. This trade represents a 18.96% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Horacio Daniel Marin purchased 2,840 shares of the firm’s 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 purchase, the chief executive officer 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 disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders have bought 11,792 shares of company stock worth $537,153.

Institutional Investors Weigh In On YPF Sociedad Anónima

Institutional investors and hedge funds have recently made changes to their positions in the business. VR Advisory Services Ltd boosted its stake in shares of YPF Sociedad Anónima by 5.9% during the third 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 period. North of South Capital LLP raised its stake in YPF Sociedad Anónima by 3.1% during 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. Oaktree Capital Management LP purchased a new stake in YPF Sociedad Anónima during the 1st quarter valued at approximately $40,972,000. UBS Group AG lifted its position in YPF Sociedad Anónima by 125.2% during the 3rd quarter. UBS Group AG now owns 651,384 shares of the oil and gas exploration company’s stock worth $15,822,000 after acquiring an additional 362,155 shares during the period. Finally, Bank of America Corp DE lifted its position 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 worth $17,880,000 after acquiring an additional 350,842 shares during the period. 10.08% of the stock is owned by hedge funds and other institutional investors.

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.