RWC Asset Advisors US LLC acquired a new stake in shares of YPF Sociedad Anónima (NYSE:YPF – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 268,671 shares of the oil and gas exploration company’s stock, valued at approximately $12,216,000. YPF Sociedad Anónima accounts for approximately 2.7% of RWC Asset Advisors US LLC’s investment portfolio, making the stock its 11th biggest position. RWC Asset Advisors US LLC owned 0.07% of YPF Sociedad Anónima as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Oaktree Capital Management LP bought a new position in shares of YPF Sociedad Anónima during the first quarter worth $40,972,000. Equinox Partners Investment Management LLC bought a new position in YPF Sociedad Anónima during the first quarter worth about $21,585,000. UBS Group AG lifted its holdings in YPF Sociedad Anónima by 125.2% during the third quarter. UBS Group AG now owns 651,384 shares of the oil and gas exploration company’s stock worth $15,822,000 after acquiring an additional 362,155 shares in the last quarter. Bank of America Corp DE grew its stake in YPF Sociedad Anónima by 161.2% in 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 acquiring an additional 350,842 shares during the period. Finally, Candriam S.C.A. grew its stake in 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 valued at $20,522,000 after acquiring an additional 297,000 shares during the period. Institutional investors own 10.08% of the company’s stock.
Analysts Set New Price Targets
YPF has been the topic of a number of research analyst reports. Weiss Ratings raised YPF Sociedad Anónima from a “sell (d+)” rating to a “hold (c)” rating in a research report on Wednesday, August 26th. Wall Street Zen raised YPF Sociedad Anónima from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 18th. JPMorgan Chase & Co. raised their target price on shares of YPF Sociedad Anónima from $61.50 to $66.00 and gave the stock an “overweight” rating in a report on Tuesday, September 1st. 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. Finally, UBS Group upped their price target on shares of YPF Sociedad Anónima from $48.00 to $55.00 and gave the company a “neutral” rating in a report on Thursday, August 27th. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $60.33.
Insider Transactions at YPF Sociedad Anónima
In related news, VP Matias Osvaldo Farina bought 8,875 shares of the company’s stock in a transaction that occurred on Thursday, July 2nd. The shares were acquired at an average price of $45.22 per share, for a total transaction 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. The trade was a 18.96% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Horacio Daniel Marin purchased 2,840 shares of YPF Sociedad Anónima stock in a transaction that occurred on Thursday, July 2nd. The shares were bought at an average cost of $46.35 per share, with a total value of $131,634.00. Following the completion of the transaction, the chief executive officer directly owned 92,193 shares of the company’s stock, valued at approximately $4,273,145.55. The trade was a 3.18% increase in their position. The SEC filing for this purchase provides additional information.
YPF Sociedad Anónima Price Performance
NYSE YPF opened at $52.63 on Tuesday. The firm’s 50 day moving average is $49.93 and its 200-day moving average is $46.40. The company has a quick ratio of 0.72, a current ratio of 0.93 and a debt-to-equity ratio of 0.70. The company has a market capitalization of $20.70 billion, a PE ratio of 27.70 and a beta of 1.25. YPF Sociedad Anónima has a 12-month low of $22.82 and a 12-month high of $57.49.
YPF Sociedad Anónima (NYSE:YPF – Get Free Report) last issued its quarterly earnings results on Monday, August 10th. The oil and gas exploration company reported $3.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.26 by $0.81. YPF Sociedad Anónima had a net margin of 3.60% and a return on equity of 10.86%. The firm had revenue of $6.57 billion for the quarter, compared to analyst estimates of $5.99 billion. Equities research analysts anticipate that YPF Sociedad Anónima will post 7.74 earnings per share for the current fiscal year.
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.
Featured Articles
- Five stocks we like better than YPF Sociedad Anónima
- 3 Under-the-Radar Defense Stocks With Record Backlogs
- This Korea ETF Has Soared, But the Rally May Not Be Over
- Why Guidewire’s Post-Earnings Plunge May Not Last
- Ride-Share Reckoning: Tesla Drives Into Uber’s Lane
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.
