Barometer Capital Management Inc. Takes Position in YPF Sociedad Anónima $YPF

Barometer Capital Management Inc. purchased a new position in shares of YPF Sociedad Anónima (NYSE:YPF) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 75,100 shares of the oil and gas exploration company’s stock, valued at approximately $3,471,000. YPF Sociedad Anónima makes up 1.4% of Barometer Capital Management Inc.’s holdings, making the stock its 20th biggest holding.

A number of other hedge funds have also recently added to or reduced their stakes in YPF. TT International Asset Management LTD acquired a new position in YPF Sociedad Anónima in the fourth quarter valued at about $895,000. Vaughan Nelson Investment Management L.P. lifted its position in YPF Sociedad Anónima by 21.4% during the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 262,370 shares of the oil and gas exploration company’s stock worth $9,487,000 after purchasing an additional 46,195 shares during the period. Leonteq Securities AG acquired a new stake in YPF Sociedad Anónima during the fourth quarter worth about $829,000. SG Americas Securities LLC acquired a new stake in YPF Sociedad Anónima during the fourth quarter worth about $1,112,000. Finally, Candriam S.C.A. increased its holdings in YPF Sociedad Anónima by 202.0% in the 1st 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 buying an additional 297,000 shares during the period. Institutional investors own 10.08% of the company’s stock.

Analyst Upgrades and Downgrades

YPF has been the subject of several analyst reports. UBS Group boosted their target price on shares of YPF Sociedad Anónima from $45.00 to $48.00 and gave the company a “neutral” rating in a research report on Wednesday, May 27th. Wall Street Zen upgraded shares of YPF Sociedad Anónima from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Zacks Research cut shares of YPF Sociedad Anónima from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Morgan Stanley upgraded shares of YPF Sociedad Anónima from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 30th. Finally, Weiss Ratings upgraded 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 assigned a Hold rating to the stock. Based on data from MarketBeat, YPF Sociedad Anónima has a consensus rating of “Hold” and a consensus price target of $46.00.

Insider Activity at YPF Sociedad Anónima

In related news, VP Matias Osvaldo Farina bought 8,875 shares of the firm’s stock in a transaction on Thursday, July 2nd. The shares were purchased at an average price of $45.22 per share, with a total value of $401,327.50. Following the completion of the purchase, the vice president owned 55,687 shares in the company, valued at $2,518,166.14. This represents a 18.96% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Horacio Daniel Marin bought 2,840 shares of the firm’s stock in a transaction on Thursday, July 2nd. The shares were bought at an average cost of $46.35 per share, for a total transaction of $131,634.00. Following the purchase, the chief executive officer 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. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders purchased 11,792 shares of company stock valued at $537,153.

YPF Sociedad Anónima Stock Up 1.6%

Shares of NYSE YPF opened at $51.24 on Wednesday. The company has a market cap of $20.15 billion, a price-to-earnings ratio of -49.27 and a beta of 1.28. The company has a current ratio of 0.94, a quick ratio of 0.73 and a debt-to-equity ratio of 0.76. YPF Sociedad Anónima has a 12 month low of $22.82 and a 12 month high of $57.49. The stock has a 50-day moving average price of $49.39 and a two-hundred day moving average price of $42.96.

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

YPF Sociedad Anónima 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.