YPF Sociedad Anónima (NYSE:YPF) Hits New 12-Month High – What’s Next?

YPF Sociedad Anónima (NYSE:YPF) shares reached a new 52-week high on Thursday . The stock traded as high as $41.35 and last traded at $41.0120, with a volume of 1280135 shares traded. The stock had previously closed at $39.48.

Wall Street Analyst Weigh In

A number of brokerages recently commented on YPF. Zacks Research upgraded shares of YPF Sociedad Anónima from a “strong sell” rating to a “hold” rating in a research note on Monday, February 23rd. Weiss Ratings cut shares of YPF Sociedad Anónima from a “hold (c)” rating to a “sell (d)” rating in a report on Monday, March 9th. Finally, Wall Street Zen upgraded YPF Sociedad Anónima from a “sell” rating to a “hold” rating in a research report on Monday, March 2nd. Two analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, YPF Sociedad Anónima has a consensus rating of “Hold” and an average price target of $41.67.

YPF Sociedad Anónima Trading Up 0.7%

The stock has a 50 day moving average of $37.30 and a 200 day moving average of $33.87. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.87 and a quick ratio of 0.68. The firm has a market cap of $16.48 billion, a P/E ratio of -19.85 and a beta of 1.44.

YPF Sociedad Anónima (NYSE:YPF) last issued its earnings results on Thursday, February 26th. The oil and gas exploration company reported ($1.67) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.77 by ($2.44). The firm had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $3.14 million. YPF Sociedad Anónima had a negative return on equity of 0.26% and a negative net margin of 4.48%. As a group, equities research analysts predict that YPF Sociedad Anónima will post 7.25 EPS for the current year.

Insider Activity at YPF Sociedad Anónima

In related news, VP Marcelo Gustavo Aldeco sold 12,719 shares of the stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $43.61, for a total transaction of $554,675.59. Following the transaction, the vice president owned 101 shares of the company’s stock, valued at approximately $4,404.61. This trade represents a 99.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Institutional Trading of YPF Sociedad Anónima

Several institutional investors have recently added to or reduced their stakes in YPF. JPMorgan Chase & Co. grew its stake in shares of YPF Sociedad Anónima by 194.9% during the second quarter. JPMorgan Chase & Co. now owns 4,898,315 shares of the oil and gas exploration company’s stock valued at $154,052,000 after buying an additional 3,237,154 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of YPF Sociedad Anónima by 55.7% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,379,408 shares of the oil and gas exploration company’s stock valued at $106,282,000 after acquiring an additional 1,208,440 shares during the last quarter. Ping Capital Management Inc. boosted its holdings in YPF Sociedad Anónima by 36.1% during the 3rd quarter. Ping Capital Management Inc. now owns 2,017,000 shares of the oil and gas exploration company’s stock valued at $48,993,000 after acquiring an additional 534,800 shares during the period. UBS Group AG grew its position in YPF Sociedad Anónima by 125.2% during the 3rd 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 during the last quarter. Finally, Bank of America Corp DE grew its position in YPF Sociedad Anónima by 161.2% during the 2nd quarter. Bank of America Corp DE now owns 568,507 shares of the oil and gas exploration company’s stock worth $17,880,000 after acquiring an additional 350,842 shares during the last quarter. 10.08% of the stock is currently owned by hedge funds and other institutional investors.

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.