YPF Sociedad Anónima (NYSE:YPF) Reaches New 1-Year High Following Analyst Upgrade

YPF Sociedad Anónima (NYSE:YPF)’s stock price reached a new 52-week high on Tuesday after Morgan Stanley upgraded the stock from an equal weight rating to an overweight rating. The company traded as high as $47.84 and last traded at $46.1240, with a volume of 4823266 shares. The stock had previously closed at $45.17.

YPF has been the topic of several other research reports. Weiss Ratings lowered shares of YPF Sociedad Anónima from a “hold (c)” rating to a “sell (d)” rating in a research report on Monday, March 9th. Zacks Research upgraded shares of YPF Sociedad Anónima from a “strong sell” rating to a “hold” rating in a research report on Monday, February 23rd. Finally, Wall Street Zen raised shares of YPF Sociedad Anónima from a “sell” rating to a “hold” rating in a research note on Monday, March 2nd. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $41.67.

Insider Buying and Selling at YPF Sociedad Anónima

In other news, VP Marcelo Gustavo Aldeco sold 12,719 shares of the stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $43.61, for a total value of $554,675.59. Following the completion of the sale, the vice president directly owned 101 shares in the company, valued at $4,404.61. This represents a 99.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Mauricio Alejandro Martin sold 3,430 shares of the firm’s stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $43.60, for a total transaction of $149,548.00. Following the completion of the transaction, the vice president directly owned 14 shares in the company, valued at approximately $610.40. This represents a 99.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information.

Institutional Trading of YPF Sociedad Anónima

Hedge funds have recently bought and sold shares of the business. Acadian Asset Management LLC acquired a new position in shares of YPF Sociedad Anónima during the 1st quarter worth approximately $561,000. Oaktree Capital Management LP acquired a new stake in shares of YPF Sociedad Anónima in the second quarter valued at approximately $10,200,000. Oaktree Fund Advisors LLC acquired a new stake in shares of YPF Sociedad Anónima in the second quarter valued at approximately $1,170,000. Diversify Advisory Services LLC lifted its position in YPF Sociedad Anónima by 26.0% during the second quarter. Diversify Advisory Services LLC now owns 18,087 shares of the oil and gas exploration company’s stock worth $614,000 after buying an additional 3,733 shares in the last quarter. Finally, Diversify Wealth Management LLC boosted its stake in YPF Sociedad Anónima by 17.3% during the second quarter. Diversify Wealth Management LLC now owns 58,919 shares of the oil and gas exploration company’s stock worth $2,000,000 after buying an additional 8,711 shares during the last quarter. Institutional investors and hedge funds own 10.08% of the company’s stock.

YPF Sociedad Anónima Price Performance

The company has a debt-to-equity ratio of 0.77, a current ratio of 0.87 and a quick ratio of 0.68. The stock has a 50 day simple moving average of $38.82 and a two-hundred day simple moving average of $34.76. The company has a market cap of $17.41 billion, a price-to-earnings ratio of -20.97 and a beta of 1.30.

YPF Sociedad Anónima (NYSE:YPF) last issued its earnings results on Thursday, February 26th. The oil and gas exploration company reported ($1.67) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.77 by ($2.44). YPF Sociedad Anónima had a negative return on equity of 0.26% and a negative net margin of 4.48%.The company had revenue of $4.56 billion during the quarter, compared to analyst estimates of $3.14 million. On average, equities research analysts predict that YPF Sociedad Anónima will post 7.25 earnings per share for the current fiscal year.

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.