YPF Sociedad Anónima (NYSE:YPF) Trading 4% Higher – What’s Next?

YPF Sociedad Anónima (NYSE:YPF)’s share price shot up 4% during trading on Thursday . The stock traded as high as $56.94 and last traded at $56.7870. Approximately 1,076,986 shares traded hands during trading, a decline of 41% from the average session volume of 1,823,638 shares. The stock had previously closed at $54.61.

Analyst Upgrades and Downgrades

YPF has been the topic of several recent analyst reports. HSBC raised YPF Sociedad Anónima from a “hold” rating to a “buy” rating and set a $60.00 price target on the stock in a research note on Monday, August 17th. Weiss Ratings upgraded shares of YPF Sociedad Anónima from a “sell (d+)” rating to a “hold (c)” rating in a research note on Wednesday, August 26th. Zacks Research lowered shares of YPF Sociedad Anónima from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. UBS Group increased their target price on shares of 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, Wall Street Zen raised shares of YPF Sociedad Anónima from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 18th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $60.33.

YPF Sociedad Anónima Trading Up 3.1%

The business has a 50 day simple moving average of $50.28 and a 200 day simple moving average of $46.62. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.93 and a quick ratio of 0.72. The company has a market cap of $22.14 billion, a price-to-earnings ratio of 29.62 and a beta of 1.25.

YPF Sociedad Anónima (NYSE:YPF) last announced its 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. YPF Sociedad Anónima had a return on equity of 10.86% and a net margin of 3.60%.The company had revenue of $6.57 billion during the quarter, compared to analyst estimates of $5.99 billion. As a group, equities analysts forecast that YPF Sociedad Anónima will post 7.74 EPS for the current year.

Insider Transactions at YPF Sociedad Anónima

In related news, CEO Horacio Daniel Marin acquired 2,840 shares of the stock in a transaction on Thursday, July 2nd. The stock was purchased at an average price of $46.35 per share, for a total transaction of $131,634.00. Following the transaction, the chief executive officer owned 92,193 shares of the company’s stock, valued at $4,273,145.55. The trade was a 3.18% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Matias Osvaldo Farina bought 8,875 shares of the company’s stock in a transaction on Thursday, July 2nd. The stock was bought at an average cost 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 position. Additional details regarding this purchase are available in the official SEC disclosure.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of YPF. Acadian Asset Management LLC acquired a new stake in shares of YPF Sociedad Anónima during the first quarter worth $561,000. Diversify Advisory Services LLC raised its stake in shares of YPF Sociedad Anónima by 26.0% in the 2nd quarter. Diversify Advisory Services LLC now owns 18,087 shares of the oil and gas exploration company’s stock valued at $614,000 after purchasing an additional 3,733 shares during the period. Diversify Wealth Management LLC raised its stake in shares of YPF Sociedad Anónima by 17.3% in the 2nd quarter. Diversify Wealth Management LLC now owns 58,919 shares of the oil and gas exploration company’s stock valued at $2,000,000 after purchasing an additional 8,711 shares during the period. Bank of America Corp DE lifted its holdings in shares of YPF Sociedad Anónima by 161.2% in the second 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 purchasing an additional 350,842 shares in the last quarter. Finally, Brevan Howard Capital Management LP lifted its holdings in shares of YPF Sociedad Anónima by 5.2% during the second quarter. Brevan Howard Capital Management LP now owns 317,889 shares of the oil and gas exploration company’s stock worth $10,525,000 after buying an additional 15,760 shares in the last quarter. Institutional investors and hedge funds own 10.08% of the company’s stock.

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.