YPF Sociedad Anónima (NYSE:YPF) Rating Increased to Strong-Buy at Wall Street Zen

Wall Street Zen upgraded shares of YPF Sociedad Anónima (NYSE:YPF) from a buy rating to a strong-buy rating in a report published on Saturday.

Several other research firms have also commented on YPF. Morgan Stanley raised YPF Sociedad Anónima from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 30th. Weiss Ratings raised shares of YPF Sociedad Anónima from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, May 28th. UBS Group lifted their price objective on shares of YPF Sociedad Anónima from $45.00 to $48.00 and gave the company a “neutral” rating in a research note on Wednesday, May 27th. Finally, Zacks Research cut shares of YPF Sociedad Anónima from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, YPF Sociedad Anónima presently has an average rating of “Hold” and a consensus price target of $46.00.

YPF Sociedad Anónima Trading Up 2.7%

Shares of YPF opened at $49.73 on Friday. The stock’s 50-day moving average is $49.15 and its two-hundred day moving average is $42.71. The stock has a market cap of $19.56 billion, a PE ratio of -47.82 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 debt-to-equity ratio of 0.76, a current ratio of 0.94 and a quick ratio of 0.73.

YPF Sociedad Anónima (NYSE:YPF) last issued its earnings results on Thursday, May 7th. The oil and gas exploration company reported $1.03 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.20. YPF Sociedad Anónima had a positive return on equity of 1.11% and a negative net margin of 2.16%.The company had revenue of $5.03 billion during the quarter, compared to the consensus estimate of $5.04 billion. Equities analysts forecast that YPF Sociedad Anónima will post 7.22 earnings per share for the current fiscal year.

Insider Transactions at YPF Sociedad Anónima

In other YPF Sociedad Anónima news, VP Matias Osvaldo Farina purchased 8,875 shares of YPF Sociedad Anónima stock in a transaction that occurred on Thursday, July 2nd. The stock was purchased at an average price of $45.22 per share, with a total value of $401,327.50. Following the completion of the acquisition, the vice president owned 55,687 shares of the company’s stock, valued at approximately $2,518,166.14. This trade represents a 18.96% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Horacio Daniel Marin purchased 2,840 shares of YPF Sociedad Anónima stock in a transaction that occurred on Thursday, July 2nd. The stock was acquired at an average cost of $46.35 per share, with a total value of $131,634.00. Following the acquisition, the chief executive officer directly owned 92,193 shares of the company’s stock, valued at $4,273,145.55. The trade was a 3.18% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders have bought 11,792 shares of company stock worth $537,153.

Hedge Funds Weigh In On YPF Sociedad Anónima

Institutional investors have recently made changes to their positions in the business. Financial Management Professionals Inc. purchased a new position in shares of YPF Sociedad Anónima during the 2nd quarter valued at approximately $27,000. Global Trust Asset Management LLC bought a new stake in shares of YPF Sociedad Anónima in the fourth quarter worth $43,000. Sunbelt Securities Inc. increased its stake in shares of YPF Sociedad Anónima by 488.3% in the third quarter. Sunbelt Securities Inc. now owns 1,353 shares of the oil and gas exploration company’s stock worth $33,000 after buying an additional 1,123 shares during the last quarter. Bayforest Capital Ltd acquired a new stake in YPF Sociedad Anónima in the fourth quarter valued at $59,000. Finally, GAMMA Investing LLC raised its holdings in 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 valued at $88,000 after acquiring an additional 223 shares in the last quarter. 10.08% of the stock is owned by institutional investors and hedge funds.

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.