Analysts Set YPF Sociedad Anónima (NYSE:YPF) PT at $60.33

YPF Sociedad Anónima (NYSE:YPF) has been assigned an average recommendation of “Moderate Buy” from the six brokerages that are currently covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among brokers that have covered the stock in the last year is $60.3333.

YPF has been the topic of a number of research reports. Weiss Ratings upgraded YPF Sociedad Anónima from a “sell (d+)” rating to a “hold (c)” rating in a research report on Wednesday, August 26th. Wall Street Zen raised shares of YPF Sociedad Anónima from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 18th. 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. JPMorgan Chase & Co. increased their price target on shares of YPF Sociedad Anónima from $61.50 to $66.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 1st. Finally, UBS Group upped their price target on YPF Sociedad Anónima from $48.00 to $55.00 and gave the company a “neutral” rating in a research report on Thursday, August 27th.

YPF Sociedad Anónima Stock Up 0.0%

Shares of YPF opened at $52.63 on Friday. 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 company has a 50-day simple moving average of $49.78 and a 200-day simple moving average of $46.29. YPF Sociedad Anónima has a 52 week low of $22.82 and a 52 week high of $57.49. The firm has a market capitalization of $20.70 billion, a P/E ratio of 27.70 and a beta of 1.25.

YPF Sociedad Anónima (NYSE:YPF) last released its 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. The business had revenue of $6.57 billion for the quarter, compared to the consensus estimate of $5.99 billion. YPF Sociedad Anónima had a return on equity of 10.86% and a net margin of 3.60%. On average, equities research analysts expect that YPF Sociedad Anónima will post 7.74 earnings per share for the current year.

Insider Activity at YPF Sociedad Anónima

In related news, CEO Horacio Daniel Marin acquired 2,840 shares of the stock in a transaction on Thursday, July 2nd. The stock was purchased at an average price 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. The trade was a 3.18% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Matias Osvaldo Farina purchased 8,875 shares of the firm’s stock in a transaction dated Thursday, July 2nd. The shares were bought at an average cost of $45.22 per share, for a total transaction of $401,327.50. Following the completion of the purchase, 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. Additional details regarding this purchase are available in the official SEC disclosure.

Institutional Inflows and Outflows

Large investors have 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 lifted its stake in shares of YPF Sociedad Anónima by 17.3% during 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 period. 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. Institutional investors and hedge funds 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.