Globeflex Capital L P acquired a new stake in shares of YPF Sociedad Anónima (NYSE:YPF – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 221,544 shares of the oil and gas exploration company’s stock, valued at approximately $10,074,000. YPF Sociedad Anónima makes up approximately 1.3% of Globeflex Capital L P’s portfolio, making the stock its 14th biggest holding.
Several other large investors also recently bought and sold shares of YPF. Oaktree Capital Management LP purchased a new position in YPF Sociedad Anónima in the 1st quarter worth $40,972,000. Oaktree Fund Advisors LLC acquired a new position in YPF Sociedad Anónima in the first quarter valued at approximately $5,019,000. Leonteq Securities AG acquired a new position in shares of YPF Sociedad Anónima in the 4th quarter valued at $829,000. Candriam S.C.A. raised its position in shares of YPF Sociedad Anónima by 202.0% in the first quarter. Candriam S.C.A. now owns 444,000 shares of the oil and gas exploration company’s stock worth $20,522,000 after acquiring an additional 297,000 shares during the period. Finally, Himension Capital Singapore PTE. LTD. acquired a new position in YPF Sociedad Anónima in the 1st quarter worth about $3,216,000. Hedge funds and other institutional investors own 10.08% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms recently issued reports on YPF. HSBC raised shares of 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. Wall Street Zen upgraded shares of YPF Sociedad Anónima from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 18th. UBS Group increased their price target on YPF Sociedad Anónima from $45.00 to $48.00 and gave the company a “neutral” rating in a report on Wednesday, May 27th. Zacks Research downgraded shares of YPF Sociedad Anónima from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Finally, Weiss Ratings lowered YPF Sociedad Anónima from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, August 12th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, YPF Sociedad Anónima presently has a consensus rating of “Hold” and an average price target of $50.67.
Insider Activity
In other news, VP Matias Osvaldo Farina acquired 8,875 shares of YPF Sociedad Anónima stock in a transaction dated Thursday, July 2nd. The shares were acquired at an average cost of $45.22 per share, for a total transaction of $401,327.50. Following the acquisition, the vice president owned 55,687 shares of the company’s stock, valued at $2,518,166.14. This trade represents a 18.96% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Horacio Daniel Marin acquired 2,840 shares of YPF Sociedad Anónima stock in a transaction dated 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 completion of the acquisition, the chief executive officer directly owned 92,193 shares in the company, valued at approximately $4,273,145.55. This represents a 3.18% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought a total of 11,792 shares of company stock valued at $537,153 in the last quarter.
YPF Sociedad Anónima Price Performance
YPF stock opened at $51.16 on Monday. The company has a market capitalization of $20.12 billion, a PE ratio of 26.93 and a beta of 1.28. YPF Sociedad Anónima has a 12-month low of $22.82 and a 12-month high of $57.49. The company has a current ratio of 0.93, a quick ratio of 0.72 and a debt-to-equity ratio of 0.70. The business’s fifty day moving average price is $49.25 and its 200 day moving average price is $45.35.
YPF Sociedad Anónima (NYSE:YPF – Get Free Report) last posted its quarterly earnings data on Monday, August 10th. The oil and gas exploration company reported $3.07 EPS for the quarter, beating the consensus estimate of $2.26 by $0.81. The business had revenue of $6.57 billion during the quarter, compared to analyst estimates of $5.99 billion. YPF Sociedad Anónima had a net margin of 3.60% and a return on equity of 10.86%. On average, sell-side analysts anticipate that YPF Sociedad Anónima will post 7.5 EPS for the current year.
YPF Sociedad Anónima 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.
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