YPF Sociedad Anónima (NYSE:YPF – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $57.87 and last traded at $57.1230, with a volume of 231411 shares trading hands. The stock had previously closed at $56.33.
Wall Street Analyst Weigh In
Several equities research analysts have weighed in on the company. Zacks Research cut YPF Sociedad Anónima from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Weiss Ratings upgraded YPF Sociedad Anónima from a “sell (d+)” rating to a “hold (c)” rating in a research note on Wednesday, August 26th. Wall Street Zen raised YPF Sociedad Anónima from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 18th. UBS Group upped their price objective on YPF Sociedad Anónima from $48.00 to $55.00 and gave the stock a “neutral” rating in a research report on Thursday, August 27th. Finally, HSBC raised YPF Sociedad Anónima from a “hold” rating to a “buy” rating and set a $60.00 price objective on the stock in a research note on Monday, August 17th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $60.33.
View Our Latest Research Report on YPF Sociedad Anónima
YPF Sociedad Anónima Price Performance
YPF Sociedad Anónima (NYSE:YPF – Get Free Report) last posted its earnings results on Monday, August 10th. The oil and gas exploration company reported $3.07 EPS for the quarter, beating the consensus estimate of $2.26 by $0.81. YPF Sociedad Anónima had a return on equity of 10.86% and a net margin of 3.60%.The firm had revenue of $6.57 billion during the quarter, compared to the consensus estimate of $5.99 billion. On average, sell-side analysts anticipate that YPF Sociedad Anónima will post 7.74 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 the company’s stock in a transaction dated Thursday, July 2nd. The stock was purchased at an average price of $45.22 per share, with a total value of $401,327.50. Following the completion of the purchase, the vice president owned 55,687 shares of the company’s stock, valued at approximately $2,518,166.14. The trade was a 18.96% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Horacio Daniel Marin purchased 2,840 shares of the business’s stock in a transaction dated Thursday, July 2nd. The shares were acquired at an average price of $46.35 per share, for a total transaction of $131,634.00. Following the acquisition, the chief executive officer owned 92,193 shares of the company’s stock, valued at $4,273,145.55. This trade represents a 3.18% increase in their position. The SEC filing for this purchase provides additional information.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. Financial Management Professionals Inc. bought a new stake in shares of YPF Sociedad Anónima in the 2nd quarter valued at about $27,000. GAMMA Investing LLC boosted its holdings in YPF Sociedad Anónima by 13.0% in the second quarter. GAMMA Investing LLC now owns 1,934 shares of the oil and gas exploration company’s stock valued at $88,000 after acquiring an additional 223 shares during the last quarter. DGS Capital Management LLC acquired a new stake in YPF Sociedad Anónima during the 1st quarter valued at approximately $237,000. Diversify Wealth Management LLC acquired a new stake in YPF Sociedad Anónima during the 1st quarter valued at approximately $259,000. Finally, Hantz Financial Services Inc. raised its holdings in YPF Sociedad Anónima by 143.7% during the 4th quarter. Hantz Financial Services Inc. now owns 7,394 shares of the oil and gas exploration company’s stock worth $267,000 after purchasing an additional 4,360 shares during the last quarter. 10.08% of the stock is owned by institutional investors.
About YPF Sociedad Anónima
YPF Sociedad Anónima is an Argentine integrated energy company engaged in the exploration, development and production of crude oil and natural gas. The company operates across Argentina, including the Vaca Muerta formation in the Neuquén Basin, one of the country’s most important unconventional hydrocarbon regions.
YPF’s downstream operations include refining crude oil, marketing fuels and lubricants, producing petrochemicals, and distributing petroleum products through a network of service stations and commercial channels.
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