YPF Sociedad Anónima (NYSE:YPF) Sets New 52-Week High – Here’s What Happened

YPF Sociedad Anónima (NYSE:YPF)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $43.47 and last traded at $42.5650, with a volume of 1824612 shares traded. The stock had previously closed at $41.21.

Wall Street Analysts Forecast Growth

YPF has been the topic of several analyst reports. Weiss Ratings cut shares of YPF Sociedad Anónima from a “hold (c)” rating to a “sell (d)” rating in a report on Monday, March 9th. Zacks Research upgraded shares of YPF Sociedad Anónima from a “strong sell” rating to a “hold” rating in a 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 report on Monday, March 2nd. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, YPF Sociedad Anónima presently has a consensus rating of “Hold” and an average price target of $41.67.

YPF Sociedad Anónima Trading Up 3.3%

The firm has a market capitalization of $16.74 billion, a price-to-earnings ratio of -20.17 and a beta of 1.44. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.68 and a current ratio of 0.87. The company has a 50-day moving average price of $37.60 and a 200-day moving average price of $34.08.

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 for the quarter, missing the consensus estimate of $0.77 by ($2.44). The business had revenue of $4.56 billion for the quarter, compared to analyst estimates of $3.14 million. YPF Sociedad Anónima had a negative return on equity of 0.26% and a negative net margin of 4.48%. As a group, research analysts forecast that YPF Sociedad Anónima will post 7.25 EPS for the current fiscal year.

Insider Buying and Selling

In other YPF Sociedad Anónima news, VP Marcelo Gustavo Aldeco sold 12,719 shares of the firm’s stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $43.61, for a total transaction of $554,675.59. Following the sale, the vice president owned 101 shares of the company’s stock, valued at approximately $4,404.61. This trade represents a 99.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. North of South Capital LLP boosted its stake in YPF Sociedad Anónima by 4.5% in the third quarter. North of South Capital LLP now owns 1,619,983 shares of the oil and gas exploration company’s stock valued at $39,349,000 after acquiring an additional 69,634 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of YPF Sociedad Anónima by 55.7% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,379,408 shares of the oil and gas exploration company’s stock worth $106,282,000 after purchasing an additional 1,208,440 shares in the last quarter. Ping Capital Management Inc. lifted its holdings in shares of YPF Sociedad Anónima by 36.1% in the 3rd quarter. Ping Capital Management Inc. now owns 2,017,000 shares of the oil and gas exploration company’s stock valued at $48,993,000 after purchasing an additional 534,800 shares during the last quarter. Oaktree Fund Advisors LLC purchased a new stake in shares of YPF Sociedad Anónima in the 2nd quarter valued at about $1,170,000. Finally, Kapitalo Investimentos Ltda acquired a new stake in shares of YPF Sociedad Anónima in the 3rd quarter valued at about $6,257,000. Institutional investors and hedge funds own 10.08% of the company’s stock.

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.