YPF Sociedad Anónima (NYSE:YPF) Price Target Raised to $48.00

YPF Sociedad Anónima (NYSE:YPF) had its price objective upped by equities researchers at UBS Group from $45.00 to $48.00 in a note issued to investors on Wednesday,Benzinga reports. The firm currently has a “neutral” rating on the oil and gas exploration company’s stock. UBS Group’s target price suggests a potential downside of 6.91% from the company’s current price.

YPF has been the subject of a number of other research reports. Zacks Research upgraded YPF Sociedad Anónima from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 6th. Weiss Ratings downgraded YPF Sociedad Anónima from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, May 13th. Morgan Stanley upgraded YPF Sociedad Anónima from an “equal weight” rating to an “overweight” rating in a research note on Monday, March 30th. Finally, Wall Street Zen upgraded YPF Sociedad Anónima from a “sell” rating to a “hold” rating in a research note on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $46.00.

YPF Sociedad Anónima Trading Up 6.1%

Shares of YPF stock traded up $2.97 during mid-day trading on Wednesday, hitting $51.57. The company’s stock had a trading volume of 3,185,150 shares, compared to its average volume of 2,123,215. The company’s fifty day simple moving average is $43.73 and its 200-day simple moving average is $39.09. YPF Sociedad Anónima has a 52 week low of $22.82 and a 52 week high of $51.68. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.73 and a current ratio of 0.94. The company has a market cap of $20.28 billion, a PE ratio of -49.57 and a beta of 1.21.

YPF Sociedad Anónima (NYSE:YPF) last issued its 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. YPF Sociedad Anónima had a positive return on equity of 1.11% and a negative net margin of 2.16%.The business had revenue of $5.03 billion during the quarter, compared to analyst estimates of $5.04 billion. As a group, equities research analysts expect that YPF Sociedad Anónima will post 6.96 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, VP Marcelo Gustavo Aldeco sold 12,719 shares of the business’s stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $43.61, for a total value of $554,675.59. Following the transaction, the vice president owned 101 shares in the company, valued at $4,404.61. The trade was a 99.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Mauricio Alejandro Martin sold 3,430 shares of the business’s stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $43.60, for a total value of $149,548.00. Following the completion of the transaction, the vice president owned 14 shares in the company, valued at $610.40. The trade was a 99.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure.

Hedge Funds Weigh In On YPF Sociedad Anónima

A number of hedge funds and other institutional investors have recently modified their holdings of YPF. Sunbelt Securities Inc. raised its holdings in shares of YPF Sociedad Anónima by 488.3% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,353 shares of the oil and gas exploration company’s stock worth $33,000 after purchasing an additional 1,123 shares during the period. Global Trust Asset Management LLC bought a new stake in shares of YPF Sociedad Anónima in the 4th quarter worth approximately $43,000. Bayforest Capital Ltd bought a new stake in shares of YPF Sociedad Anónima in the 4th quarter worth approximately $59,000. Hantz Financial Services Inc. raised its holdings in shares of YPF Sociedad Anónima by 58.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 3,034 shares of the oil and gas exploration company’s stock worth $74,000 after purchasing an additional 1,123 shares during the period. Finally, Rakuten Securities Inc. raised its holdings in shares of YPF Sociedad Anónima by 13.7% in the 4th quarter. Rakuten Securities Inc. now owns 2,598 shares of the oil and gas exploration company’s stock worth $94,000 after purchasing an additional 314 shares during the period. Hedge funds and other institutional investors own 10.08% of the company’s stock.

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.