Y Intercept Hong Kong Ltd acquired a new position in shares of YPF Sociedad Anónima (NYSE:YPF – Free Report) during the first quarter, Holdings Channel.com reports. The institutional investor acquired 140,884 shares of the oil and gas exploration company’s stock, valued at approximately $6,512,000.
Several other hedge funds have also recently bought and sold shares of the company. Acadian Asset Management LLC bought a new stake in shares of YPF Sociedad Anónima during the 1st quarter worth approximately $561,000. Diversify Advisory Services LLC boosted its position in shares of YPF Sociedad Anónima by 26.0% during the 2nd quarter. Diversify Advisory Services LLC now owns 18,087 shares of the oil and gas exploration company’s stock worth $614,000 after acquiring an additional 3,733 shares in the last quarter. Diversify Wealth Management LLC increased its stake in YPF Sociedad Anónima by 17.3% in the second quarter. Diversify Wealth Management LLC now owns 58,919 shares of the oil and gas exploration company’s stock valued at $2,000,000 after acquiring an additional 8,711 shares during the last quarter. Bank of America Corp DE raised its position in YPF Sociedad Anónima by 161.2% during the second quarter. Bank of America Corp DE now owns 568,507 shares of the oil and gas exploration company’s stock valued at $17,880,000 after purchasing an additional 350,842 shares in the last quarter. Finally, Brevan Howard Capital Management LP raised its position in YPF Sociedad Anónima by 5.2% during the second quarter. Brevan Howard Capital Management LP now owns 317,889 shares of the oil and gas exploration company’s stock valued at $10,525,000 after purchasing an additional 15,760 shares in the last quarter. 10.08% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several equities research analysts have weighed in on the company. Wall Street Zen cut YPF Sociedad Anónima from a “strong-buy” rating to a “buy” rating in a research note on Sunday. Morgan Stanley raised YPF Sociedad Anónima from an “equal weight” rating to an “overweight” rating in a report on Monday, March 30th. Zacks Research downgraded YPF Sociedad Anónima from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. UBS Group upped their price objective on YPF Sociedad Anónima from $45.00 to $48.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 27th. Finally, Weiss Ratings raised YPF Sociedad Anónima from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, May 28th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, YPF Sociedad Anónima presently has an average rating of “Hold” and an average price target of $46.00.
YPF Sociedad Anónima Stock Down 0.1%
Shares of NYSE:YPF opened at $44.35 on Friday. The firm has a market cap of $17.44 billion, a P/E ratio of -42.64 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 business has a fifty day simple moving average of $48.19 and a 200 day simple moving average of $41.81. The company has a quick ratio of 0.73, a current ratio of 0.94 and a debt-to-equity ratio of 0.76.
YPF Sociedad Anónima (NYSE:YPF – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The oil and gas exploration company reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.20. The firm had revenue of $5.03 billion for the quarter, compared to analyst estimates of $5.04 billion. YPF Sociedad Anónima had a positive return on equity of 1.11% and a negative net margin of 2.16%. Analysts predict that YPF Sociedad Anónima will post 5.66 earnings per share for the current year.
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.
Recommended Stories
- Five stocks we like better than YPF Sociedad Anónima
- These Stocks Could Win as Wall Street Looks Beyond AI Software
- D.R. Horton Is Defying the Housing Gloom
- Why Flywire and Airbnb Could Be Quiet Winners of a Ceasefire
- Broadcom and OpenAI Unveil Jalapeño: An Early Step to Massive AI Growth Potential
Want to see what other hedge funds are holding YPF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for YPF Sociedad Anónima (NYSE:YPF – Free Report).
Receive News & Ratings for YPF Sociedad Anónima Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for YPF Sociedad Anónima and related companies with MarketBeat.com's FREE daily email newsletter.
