YPF Sociedad Anónima (NYSE:YPF) Stock Price Down 6.3% – Time to Sell?

YPF Sociedad Anónima (NYSE:YPF)’s stock price dropped 6.3% during mid-day trading on Monday . The company traded as low as $53.08 and last traded at $52.3530. Approximately 664,098 shares traded hands during mid-day trading, a decline of 68% from the average daily volume of 2,095,758 shares. The stock had previously closed at $55.89.

Analyst Upgrades and Downgrades

YPF has been the subject of a number of recent research reports. Morgan Stanley raised YPF Sociedad Anónima from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 30th. Weiss Ratings upgraded YPF Sociedad Anónima from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, May 28th. Zacks Research upgraded YPF Sociedad Anónima from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 6th. UBS Group boosted their target price on YPF Sociedad Anónima from $45.00 to $48.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 27th. Finally, Wall Street Zen upgraded YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a research report on Saturday, June 6th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $46.00.

YPF Sociedad Anónima Stock Performance

The company has a debt-to-equity ratio of 0.76, a current ratio of 0.94 and a quick ratio of 0.73. The company has a 50 day simple moving average of $46.81 and a 200-day simple moving average of $40.63. The stock has a market cap of $20.65 billion, a P/E ratio of -50.54 and a beta of 1.24.

YPF Sociedad Anónima (NYSE:YPF) last issued its quarterly earnings results on Thursday, May 7th. The oil and gas exploration company reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $5.03 billion during the quarter, compared to analyst estimates of $5.04 billion. On average, equities analysts expect that YPF Sociedad Anónima will post 5.66 earnings per share for the current fiscal year.

Insider Activity

In other news, VP Marcelo Gustavo Aldeco sold 12,719 shares of the firm’s stock in a transaction that occurred on Thursday, March 19th. The shares were 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 approximately $4,404.61. This trade represents a 99.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Mauricio Alejandro Martin sold 3,430 shares of the firm’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 transaction of $149,548.00. Following the completion of the transaction, the vice president owned 14 shares in the company, valued at $610.40. This represents a 99.59% decrease in their position. The disclosure for this sale is available in the SEC filing.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Global Trust Asset Management LLC bought a new position in shares of YPF Sociedad Anónima in the fourth quarter worth approximately $43,000. Sunbelt Securities Inc. raised its position in YPF Sociedad Anónima by 488.3% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,353 shares of the oil and gas exploration company’s stock valued at $33,000 after purchasing an additional 1,123 shares during the last quarter. Bayforest Capital Ltd bought a new position in YPF Sociedad Anónima during the 4th quarter valued at approximately $59,000. Rakuten Securities Inc. raised its position in YPF Sociedad Anónima by 13.7% during the 4th quarter. Rakuten Securities Inc. now owns 2,598 shares of the oil and gas exploration company’s stock valued at $94,000 after purchasing an additional 314 shares during the last quarter. Finally, DGS Capital Management LLC bought a new position in YPF Sociedad Anónima during the 1st quarter valued at approximately $237,000. 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.