Zacks Research upgraded shares of YPF Sociedad Anónima (NYSE:YPF – Free Report) from a hold rating to a strong-buy rating in a report issued on Monday morning,Zacks.com reports.
Other equities analysts also recently issued research reports about the stock. Wall Street Zen upgraded shares of YPF Sociedad Anónima from a “sell” rating to a “hold” rating in a research note on Monday, March 2nd. Morgan Stanley upgraded shares of YPF Sociedad Anónima from an “equal weight” rating to an “overweight” rating in a research note on Monday, March 30th. Finally, Weiss Ratings downgraded shares of YPF Sociedad Anónima from a “hold (c)” rating to a “sell (d)” rating in a research note on Monday, March 9th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, YPF Sociedad Anónima presently has a consensus rating of “Moderate Buy” and an average target price of $41.67.
Check Out Our Latest Report on YPF
YPF Sociedad Anónima Stock Performance
YPF Sociedad Anónima (NYSE:YPF – Get Free Report) last posted its quarterly earnings results on Thursday, February 26th. The oil and gas exploration company reported ($1.67) EPS for the quarter, missing the consensus estimate of $0.77 by ($2.44). The business had revenue of $4.56 billion during 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, equities analysts anticipate that YPF Sociedad Anónima will post 7.25 earnings per share for the current fiscal year.
Insiders Place Their Bets
In related news, VP Marcelo Gustavo Aldeco sold 12,719 shares of the business’s stock in a transaction 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 completion of the transaction, the vice president owned 101 shares in the company, valued at approximately $4,404.61. The trade was a 99.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Mauricio Alejandro Martin sold 3,430 shares of the business’s stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $43.60, for a total transaction of $149,548.00. Following the completion of the sale, the vice president directly owned 14 shares of the company’s stock, valued at approximately $610.40. This trade represents a 99.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure.
Institutional Investors Weigh In On YPF Sociedad Anónima
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. VR Advisory Services Ltd lifted its position in YPF Sociedad Anónima by 5.9% in the third quarter. VR Advisory Services Ltd now owns 3,605,533 shares of the oil and gas exploration company’s stock valued at $87,578,000 after acquiring an additional 200,000 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in YPF Sociedad Anónima by 55.7% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,379,408 shares of the oil and gas exploration company’s stock valued at $106,282,000 after acquiring an additional 1,208,440 shares during the last quarter. Ping Capital Management Inc. lifted its position in YPF Sociedad Anónima by 36.1% in the third 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 acquiring an additional 534,800 shares during the last quarter. North of South Capital LLP lifted its position in YPF Sociedad Anónima by 3.1% in the fourth quarter. North of South Capital LLP now owns 1,670,378 shares of the oil and gas exploration company’s stock valued at $60,401,000 after acquiring an additional 50,395 shares during the last quarter. Finally, UBS Group AG lifted its position in YPF Sociedad Anónima by 125.2% in the third quarter. UBS Group AG now owns 651,384 shares of the oil and gas exploration company’s stock valued at $15,822,000 after acquiring an additional 362,155 shares during the last quarter. 10.08% of the stock is owned by hedge funds and other institutional investors.
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.
Further Reading
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