YPF Sociedad Anónima (NYSE:YPF) Price Target Raised to $55.00

YPF Sociedad Anónima (NYSE:YPF) had its price objective raised by UBS Group from $48.00 to $55.00 in a research report sent to investors on Thursday,Benzinga reports. They currently have a neutral rating on the oil and gas exploration company’s stock.

Other analysts have also recently issued reports about the company. Weiss Ratings cut YPF Sociedad Anónima from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, August 12th. 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 YPF Sociedad Anónima from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Finally, HSBC upgraded YPF Sociedad Anónima from a “hold” rating to a “buy” rating and set a $60.00 price objective on the stock in a research report on Monday, August 17th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $53.00.

YPF Sociedad Anónima Stock Down 0.3%

Shares of YPF opened at $50.32 on Thursday. The firm has a market cap of $19.79 billion, a P/E ratio of 26.48 and a beta of 1.28. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.72 and a current ratio of 0.93. YPF Sociedad Anónima has a 52 week low of $22.82 and a 52 week high of $57.49. The firm’s 50-day simple moving average is $49.19 and its 200 day simple moving average is $45.72.

YPF Sociedad Anónima (NYSE:YPF) last issued its quarterly earnings data on Monday, August 10th. The oil and gas exploration company reported $3.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.26 by $0.81. YPF Sociedad Anónima had a net margin of 3.60% and a return on equity of 10.86%. The firm had revenue of $6.57 billion during the quarter, compared to the consensus estimate of $5.99 billion. On average, analysts forecast that YPF Sociedad Anónima will post 7.5 earnings per share for the current year.

Insider Buying and Selling

In other YPF Sociedad Anónima news, VP Matias Osvaldo Farina bought 8,875 shares of the firm’s stock in a transaction on Thursday, July 2nd. The shares were 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 approximately $2,518,166.14. This trade represents a 18.96% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Horacio Daniel Marin bought 2,840 shares of the stock in a transaction dated Thursday, July 2nd. The shares were acquired at an average cost of $46.35 per share, for a total transaction of $131,634.00. Following the completion of the acquisition, the chief executive officer directly owned 92,193 shares of the company’s stock, valued at approximately $4,273,145.55. This trade represents a 3.18% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure.

Hedge Funds Weigh In On YPF Sociedad Anónima

Hedge funds have recently added to or reduced their stakes in the stock. Globeflex Capital L P acquired a new position in YPF Sociedad Anónima in the 2nd quarter valued at $10,074,000. Financial Management Professionals Inc. acquired a new stake in shares of YPF Sociedad Anónima during the 2nd quarter worth $27,000. Steadtrust LLC grew its holdings in shares of YPF Sociedad Anónima by 10.0% during the 2nd quarter. Steadtrust LLC now owns 22,000 shares of the oil and gas exploration company’s stock worth $1,000,000 after purchasing an additional 2,000 shares in the last quarter. Assenagon Asset Management S.A. increased its position in shares of YPF Sociedad Anónima by 87.1% in the second quarter. Assenagon Asset Management S.A. now owns 111,288 shares of the oil and gas exploration company’s stock worth $5,060,000 after purchasing an additional 51,802 shares during the period. Finally, GAMMA Investing LLC increased its position in shares of 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 worth $88,000 after purchasing an additional 223 shares during the period. Institutional investors own 10.08% of the company’s stock.

About YPF Sociedad Anónima

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.