IPG Investment Advisors LLC Has $651,000 Position in YPF Sociedad Anónima $YPF

IPG Investment Advisors LLC increased its stake in YPF Sociedad Anónima (NYSE:YPF) by 165.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,317 shares of the oil and gas exploration company’s stock after purchasing an additional 8,930 shares during the period. IPG Investment Advisors LLC’s holdings in YPF Sociedad Anónima were worth $651,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Acadian Asset Management LLC acquired a new stake in shares of YPF Sociedad Anónima in the 1st quarter valued at $561,000. Diversify Advisory Services LLC lifted its stake in shares of YPF Sociedad Anónima by 26.0% during the second quarter. Diversify Advisory Services LLC now owns 18,087 shares of the oil and gas exploration company’s stock valued at $614,000 after acquiring an additional 3,733 shares during the period. Diversify Wealth Management LLC boosted its holdings 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 boosted its holdings 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 last quarter. Finally, Brevan Howard Capital Management LP increased its position in YPF Sociedad Anónima by 5.2% in the second quarter. Brevan Howard Capital Management LP now owns 317,889 shares of the oil and gas exploration company’s stock worth $10,525,000 after purchasing an additional 15,760 shares during the period. 10.08% of the stock is currently owned by institutional investors.

YPF Sociedad Anónima Stock Up 2.7%

Shares of NYSE YPF opened at $56.08 on Friday. YPF Sociedad Anónima has a 52-week low of $22.82 and a 52-week high of $57.49. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.72 and a current ratio of 0.93. The stock has a market cap of $22.06 billion, a P/E ratio of 29.52 and a beta of 1.25. The firm has a 50 day moving average price of $50.51 and a 200 day moving average price of $46.75.

YPF Sociedad Anónima (NYSE:YPF) last announced its quarterly earnings results on Monday, August 10th. The oil and gas exploration company reported $3.07 earnings per share for the quarter, topping analysts’ consensus estimates 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 company had revenue of $6.57 billion for the quarter, compared to analysts’ expectations of $5.99 billion. Analysts expect that YPF Sociedad Anónima will post 7.74 EPS for the current year.

Insider Buying and Selling at YPF Sociedad Anónima

In other YPF Sociedad Anónima news, VP Matias Osvaldo Farina purchased 8,875 shares of the stock in a transaction on Thursday, July 2nd. The stock was bought at an average cost of $45.22 per share, for a total transaction of $401,327.50. Following the completion of the acquisition, the vice president directly owned 55,687 shares of the company’s stock, valued at $2,518,166.14. The trade was a 18.96% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Horacio Daniel Marin purchased 2,840 shares of the company’s stock in a transaction dated Thursday, July 2nd. The shares were acquired at an average cost of $46.35 per share, for a total transaction of $131,634.00. Following the transaction, the chief executive officer owned 92,193 shares of the company’s stock, valued at $4,273,145.55. This trade represents a 3.18% increase in their ownership of the stock. The SEC filing for this purchase provides additional information.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on YPF. HSBC upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and set a $60.00 target price on the stock in a research report on Monday, August 17th. Weiss Ratings raised shares of YPF Sociedad Anónima from a “sell (d+)” rating to a “hold (c)” rating in a research note on Wednesday, August 26th. Zacks Research lowered shares of YPF Sociedad Anónima from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. UBS Group upped their target price on shares of YPF Sociedad Anónima from $48.00 to $55.00 and gave the company a “neutral” rating in a research report on Thursday, August 27th. Finally, JPMorgan Chase & Co. increased their price target on YPF Sociedad Anónima from $61.50 to $66.00 and gave the company an “overweight” rating in a research note on Tuesday, September 1st. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $60.33.

About YPF Sociedad Anónima

YPF Sociedad Anónima is an Argentine integrated energy company engaged in the exploration, development and production of crude oil and natural gas. The company operates across Argentina, including the Vaca Muerta formation in the Neuquén Basin, one of the country’s most important unconventional hydrocarbon regions.

YPF’s downstream operations include refining crude oil, marketing fuels and lubricants, producing petrochemicals, and distributing petroleum products through a network of service stations and commercial channels.